SCUNTHORPE, England British Steel has returned to profit in its first 100 days of trading after being spun off as a loss-making division in April by India's Tata Steel after it decided to exit the troubled British steel sector.
MUMBAI/HONG KONG Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two people familiar with the matter said, as the world's biggest retailer aims to break into a fast growing but highly competitive online retail market.
NEW DELHI Gas firm GAIL (India) Ltd has bought three cargoes of liquefied natural gas (LNG) for deliveries in November and December, two trade source said.
MUMBAI Dutch financial services company ING Group is selling a $300 million stake in Indian lender Kotak Mahindra Bank Ltd in a block trade on Thursday, according to a deal term sheet seen by Reuters.
RICHMOND, British Columbia/KUALA LUMPUR Malaysia's Petronas said it would review a proposed C$36 billion ($27.25 billion) liquefied natural gas (LNG) project in western Canada after Ottawa approved the project with conditions to limit the environmental impact.
LONDON SABMiller shareholders backed the brewer's $100-billion-plus takeover by rival Anheuser-Busch InBev by a large majority on Wednesday, paving the way for one of the biggest corporate mergers in history.
Sears Holdings Corp is partnering with ride-services company Uber Technologies Inc as the struggling retailer tries to make its rewards program more attractive to shoppers.
SAN FRANCISCO With speculation mounting that Twitter Inc will soon have a new corporate owner, the 10-year-old social networking service - which has long struggled to define its core purpose -may end up heading in one of several distinctly different directions depending on who ends up paying for it. | Video
SAN FRANCISCO Chinese property-to-entertainment conglomerate Dalian Wanda is in talks to buy a controlling stake in Dick Clark Productions, the company that runs the Golden Globe awards and Miss America pageants, as it expands a growing Hollywood portfolio. | Video
SINGAPORE Singapore's BandLab Technologies will buy 49 percent of Rolling Stone magazine from publisher Wenner Media and plans to expand the business into new markets and boost its profile in Asia, the two companies said in a statement.
- Finance: Data storage provider Nutanix soars in market debut
- Technology: Accounting software maker BlackLine files for IPO
- Healthcare: Anthem judge considering splitting merger trial into two sections
- Consumer: Global equity deals pick up in the third-quarter, pipeline seen improving
- Energy: Glencore's former No. 2 aluminum trader buys bankrupt U.S. smelter
- Industrials: Air Berlin reaches agreement with cabin crew union
- M&A: India gets $8 bln worth telecoms spectrum bids on auction's first day
- Bankruptcy: Texas businessman Wyly strikes $198 million deal with SEC
- IPOs: Brazil's Cosan sells $326 mln in Radar shares to TIAA
- Private Capital: Glass Lewis & Co founder takes stake in struggling SeaWorld
- Hedge Funds: Brevan Howard hedge fund axes management fees for some current investors
- Regulatory: Deutsche Bank executives heading to U.S. in coming days -FAZ
- Indians disclose $10 billion in hidden wealth in tax evasion amnesty
- India gets $8 bln worth telecoms spectrum bids on auction's first day
- State Bank of India chair given extension to drive overhaul
- Japan, India to sign nuclear cooperation deal in November - report
- New RBI chief and panel face close call on rates