The gap between iRobot Corp.’s stock price Amazon.com Inc.’s proposed takeover offer was sliced nearly in half Friday as traders grow more confident the deal will get done after UK antitrust regulators approved the combination.
KKR & Co is handing over ownership of a distressed Swedish mattress maker to creditors as part of the company’s second debt restructuring in less than a year.
Aviation executives implored European leaders to pitch in more taxpayer funding to clean up emissions, warning that the region risks falling behind the US, where subsidies have jumpstarted funding for fossil-fuel alternatives.
United Parcel Service Inc.’s unionized workers voted in favor of giving Teamsters leaders the option to call a strike as the two sides continue talks to renew a five-year labor contract.
A prescient tip from interest-rate strategists at Goldman Sachs Group Inc. and Barclays Plc has paid off for investors as traders scrap wagers on a policy pivot by the Federal Reserve.
The German summer may officially be just two weeks old but the Rhine river — a vital artery for the country and other parts of inland Europe — is already seeing water levels low enough to restrict trade.
Business is booming at Boston University, which is borrowing $224 million in the municipal bond market next week.
The European Central Bank must carefully calibrate monetary policy to avoid a hard landing in the continent’s economy but should continue to focus on bringing down inflation, according to Kristalina Georgieva, managing director of the International Monetary Fund.
Russia confirmed it had followed through on a vow to transfer tactical nuclear warheads to neighboring Belarus for storage, as hinted at this week by Belarusian President Alexander Lukashenko, a key ally. “This is the first part,” Vladimir Putin said at the St. Petersburg International Economic Forum. “By the end of the summer, by the end of the year, we will complete this work.” Moscow has said the missiles will remain under its control. Russia’s president also said he sees no need to use nucle
Crayon Group Holding ASA, a Norwegian IT consultancy, is exploring options including a sale as the pace of European tech deals picks up, according to people familiar with the matter.
