Clariant, Huntsman Terminate Merger Amid Activist Pressure
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Swiss chemicals company Clariant and U.S.-based Huntsman terminated their planned $15 billion merger after facing pressure from investors who wanted to block the deal
Tech's Big Get Bigger in Earnings Blowout
Three of the world's biggest companies-Google parent Alphabet Inc., Amazon.com Inc. and Microsoft Corp.-reported booming quarterly growth, extending their reach and driving the economy further online.
British Airways Parent Posts Record Profit but Shares Dip
IAG shares slumped, despite the British Airways parent company posting record third-quarter net profit and promising investors a 20% jump in full-year earnings
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UBS Profit Rises as Wealth-Management Bet Pays Off
UBS said its third-quarter net profit rose sharply on gains in its wealth-management and investment units, supporting the bank's strategic shift.
Deutsche, Barclays Feel the Investment Bank Burn
New bosses took the reins at Barclays and Deutsche Bank two years ago promising sharper strategies and clearer paths for the embattled lenders. Investors are still foggy on the CEOs' vision.
Saudi Arabia to Inject $1 Billion Into Virgin Galactic Space Venture
Saudi Arabia is poised to invest $1 billion in entrepreneur Richard Branson's space-tourism and satellite-launching venture, which is seeking to show it is back on track three years after a fatal accident.
Facebook Steps Up Efforts to Sway Lawmakers
As the probes of Russian interference in the 2016 presidential election turn to the role of social-media giants, Facebook is looking to boost its influence in Washington amid talk of potential federal regulation.
Google Makes its Costs Click
Google's growth is impressive given its size, but that comes at an impressive cost too.
Chinese Banks' Capital Cushion Isn't So Comfy
Banks have been issuing a huge pile of new debt to shore up their balance sheets, suggesting all is not well beneath the surface.
Baidu's Profit More Than Doubles, but Guidance Falls Short
Baidu Inc.'s big jump in profit didn't please investors, who reacted sourly to missed revenue estimates and sent shares of its American depositary receipts tumbling 10% to $234 after hours.
(END) Dow Jones Newswires
October 27, 2017 05:15 ET (09:15 GMT)