Apple Inc. is famous for avoiding high-profile acquisitions, but it should make an exception for Walt Disney Co.’s ESPN as it looks to build out the sports offerings on its streaming-video service, according to Wedbush.
Tech entrepreneur Victoire Cogevina Reynal plans to start buying controlling stakes in women’s football clubs, people with knowledge of the matter said, in what would be one of the first dedicated examples of multiclub ownership outside the men’s game.
Brazil is poised to import a record amount of Russian fuel this month, consolidating its position as the Latin American country’s top supplier as Moscow builds new markets following a European Union ban.
Tyson Foods Inc., the biggest US meat company, is exploring options including a potential sale of its China business, according to people with knowledge of the matter.
JSW Steel Ltd. is looking to form a consortium to bid for a majority stake in Teck Resources Ltd.’s steelmaking coal business, people with knowledge of the matter said, potentially rivalling an $8 billion offer from commodities giant Glencore Plc.
Osman Semerci, a once-rising star at Merrill Lynch & Co., appeared in a German court over charges he was involved in illegal Cum-Ex deals when he was a partner at London-based asset manager Duet Group.
A coalition of Thai political parties led by Pheu Thai, backed by the influential Shinawatra clan, clinched a majority in the lower house with a pro-royalist party joining the bloc’s bid to form a government and end a monthslong political stalemate.
Amazon.com Inc. is imposing a new fee on merchants who don’t use the company’s logistics services, a change many of these sellers consider coercive and surprising since the US government is poised to file an antitrust lawsuit against the e-commerce giant.
BAE Systems Plc’s biggest purchase ever, the $5.6 billion deal for Ball Aerospace, extends the UK defense contractor’s reach into space, a frontier the company predicts will become increasingly important for warfare.
Applications for unemployment benefits fell by the most in five weeks, suggesting the resilient economy is making employers reluctant to reduce headcount.
