Rocket Internet IPO values business at $8 billion
German venture capital firm and startup incubator Rocket Internet AG has set the price range for shares in its IPO at €35.50 - €42.50...
UPS expanding 3D printing to nearly 100 centers across America
Global package delivery company UPS announced on Tuesday that it plans to expand its 3D printing service to nearly 100 centers across the United...
US manufacturing posts strong new orders and employment growth
US manufacturing expanded strongly in September. The Markit Flash US Manufacturing Purchasing Manager’s Index (PMI) hit a 52-month high at 57.9, according to Markit...
Carnival Corp. posts strong third quarter results
The Anglo-American multinational cruise giant, Carnival Corporation & plc. posted better-than-expected third quarter profit and improved its full-year guidance, citing strong demand in China...
Allergan Salix talks trigger threats of lawsuit by William Ackman
If Allergan Inc. and Salix Pharmaceuticals Inc. go ahead with an acquisition deal, billionaire William Ackman said on Tuesday he would sue the Botox...
US tax inversion crackdown to the test
A US tax inversion crackdown led by Treasury Secretary Jacob L. Lew will be put to the test as several US-based multinationals decide on...
Yara and CF Industries in merger talks to create fertilizer giant
Olso-based Yara International ASA and Chicago-based CF Industries Holdings, Inc. on Tuesday confirmed they are in merger talks that would create a $27 billion...
Tesco rushes in new Chief Financial Officer, Alan Stewart
The world’s second largest retailer, Tesco plc, rushes in Alan Stewart as the new Chief Financial Officer, one day after suspending four executives, including...
Royal Philips plans to split lighting and healthcare divisions
Amsterdam-based electronics multinational Royal Philips announced on Tuesday it is planning to split the business in two, separating its healthcare and lighting divisions. The...
September Eurozone business activity growth plummets
Business activity growth in the Eurozone fell to its lowest level this year, as prices fell for the 30th successive month, according to Markit's...