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Mall Operator Westfield Agrees to Takeover Bid Valued at $16 Billion

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Westfield, the Australian operator of marquee malls from California to New York's World Trade Center, agreed to a $15.7 billion takeover offer from European shopping-center giant Unibail-Rodamco.

Nintendo Looks for Help to Raise Its Smartphone Game

Nintendo is looking to expand tie-ups with software developers to strengthen its smartphone game lineup after an early alliance aimed at cracking the fast-growing mobile market fell behind schedule, people familiar with the matter said.

GE Probed Who Knew About Spare Jet for Immelt

General Electric recently conducted an internal review into the flying of a spare business jet to accompany former CEO Jeff Immelt, as it seeks to understand an unusual practice that went on for years and surprised investors when they learned of it in October.

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Saudi Aramco Ramps Up Spending to Over $40 Billion a Year

Saudi Arabian Oil Co. unveiled a plan to invest more than $40 billion a year in projects over the next decade, a significant expansion for the world's largest energy company ahead of its expected public listing.

Edgewell Personal Care CFO Leaves

Edgewell Personal Care, maker of Schick razors and Diaper Genies, said Chief Financial Officer Sandy Sheldon is leaving the company.

Cuomo Points to Tech Companies After New York Bombing Attempt

The immigrant who tried to set off a bomb strapped to his body in one of New York City's busiest transit hubs Monday morning downloaded information from the internet on how to build such a device, according to New York Gov. Andrew Cuomo.

Atos Makes $5 Billion Offer to Buy Gemalto

French IT services firm Atos is making an unsolicited bid to buy smart-card maker Gemalto-part of a wave of deals in the payment space as rivals join forces to cut costs.

Net Neutrality: A Case Study With JetBlue and Amazon

On a JetBlue flight, you might notice something that looks like a net neutrality boogeyman: prioritization of Amazon videos over other services on the airline's in-flight Wi-Fi network. It's not a violation of net neutrality but it helps explain why some fear lifting such rules will harm the internet and others aren't worried at all.

Bet on UniCredit for Europe's Banking Recovery

The threat of higher capital charges isn't over for European banks, but UniCredit, Italy's biggest lender, can take this in its stride.

Amazon Opens a Second Cloud-Computing Center in China

Amazon.com opened a second cloud-computing data-center complex in China on Tuesday, underlining the importance of the market to its cloud-computing unit, Amazon Web Services.

(END) Dow Jones Newswires

December 12, 2017 11:15 ET (16:15 GMT)