08/14/15 - 07:49 AM EDT
China ends the week’s string of devaluations with a token move in the opposite direction, revaluing the currency by just 0.05%.
08/14/15 - 06:27 AM EDT
European stocks eked out small gains after China made good on yesterday's promise of a more stable currency. The Greek parliament voted in favor of the austerity package.
08/13/15 - 07:41 AM EDT
European and Asian markets steady this morning after China’s third devaluation of the renminbi in as many days.
08/13/15 - 06:35 AM EDT
European and Asian markets steadied after China's third devaluation of the renminbi in as many days was accompanied by a declaration that there was no basis for devaluation to continue.
08/12/15 - 11:07 AM EDT
Italy's Agnelli family, owner of Fiat Chrysler, takes its stake to 43.4%. Remaining shares will be owned by the Economist Group and the Rothschild, Cadbury, Layton and Schroeder families.
08/12/15 - 07:23 AM EDT
China’s second devaluation in as many days, this time by 1.6%, hits currency and equity markets worldwide.
08/12/15 - 06:31 AM EDT
China's second devaluation of the renminbi in as many days caused turmoil in Asian currency and equities markets, and was swiftly followed by falls in European indices.
08/11/15 - 05:37 PM EDT
The merger of two manufacturing groups will create a $10 billion a year company focused on lifting gear, cranes and materials handling.
08/10/15 - 03:08 PM EDT
China's Bohai Leasing raised its offer for Avolon above that of an undisclosed rival in a bid to expand its global exposure in aircraft leasing and finance.
08/07/15 - 09:40 AM EDT
Private equity shop Carlyle Group and Huo's Group will buy the 75% stake in Tongyi Lubricants. Shell plans to focus on its own brands as car ownership in China grows.