Business

Danish shipping group A.P. Moller-Maersk said on Wednesday it had agreed to buy U.S. warehousing and distribution firm Performance Team as part of plans to deliver more customized logistics...

Costco Wholesale Corp. said on Tuesday it had acquired Innovel Solutions for $1 billion, as the membership-only retailer beefs up its final-mile delivery of bulky products across the United...

iDreamSky Technology Holdings Ltd., a Chinese game distributor, has attracted Sony Corp. and JD.com Inc. as cornerstone investors for its planned Hong Kong initial public offering, people wi...

Logitech International SA (LOGN.S), a Swiss manufacturer of keyboards and webcams, has ended discussions to acquire Plantronics Inc (PLT.N), a U.S. maker of Bluetooth earpieces and gaming he...

Volkswagen VOWF_p.DE is deciding where to locate a new factory in North America to build electric vehicles for the U.S. market, the German automaker’s new head for the Americas said on Wedne...

Canadian company Corel buys a developer of virtualization software with Russian roots Parallels, writes with reference to its own sources TechCrunch. According to the publication, some emplo...

Nexstar Media Group Inc (NXST.O) said on Monday it agreed to buy Chicago-based peer Tribune Media Company (TRCO.N) for about $4.1 billion in cash, making it the largest regional U.S. TV stat...

Billionaire Michael Bloomberg said he was likely to sell his financial data and news company Bloomberg LP if he runs for president, Business Insider reported, citing an interview he gave to...

Barrick Gold Corp. will sell a research and development company it owns and reduce its technology staff, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

CITIC Ltd, the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald’s Corp’s mainland China and Hong Kong business, which is likely to be bo...