World news

Chinese commodities group Cedar Holdings has agreed to buy the Stemcor Group, one of the world’s biggest steel traders, for an undisclosed sum, Stemcor said on Tuesday.

Real estate developer Hilco Redevelopment Partners has entered into a $240 million agreement to purchase the Philadelphia Energy Solutions (PES) oil refinery, which was the largest and oldes...

Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald’s Corp’s mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on T...

Siemens is buying Indian electrical equipment maker C&S Electric in a 267 million euro ($296.21 million) deal, the German industrial group said on Friday.

LendingClub Corp on Tuesday agreed to buy U.S. digital lender Radius Bank in a cash-and-stock deal valued at $185 million, as it looks to gain access to a cheaper source of funding and offer...

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...

The largest Danish energy company Orsted announced on Wednesday, November 28th that by 2025 it plans to invest in renewable energy sources 200 billion Danish kroner ($ 30.3 billion).