The e-commerce giant’s new $1.5 bln bond is exchangeable for shares in its healthcare subsidiary. It’s a clever way to raise ...

The $220 bln firm led by Ted Pick has lost much of its valuation edge, including a big premium to Goldman Sachs. Missing out ...

Donald Trump's threat to sanction buyers of Russian exports may look awkward for the $234 bln conglomerate, a customer of ...

Simon Trott's marching orders from Chair Dominic Barton are to improve the $100 bln miner's financial discipline. On paper, ...

Debra Crew is leaving after only two years running the $58 bln Guinness maker. Ropey returns, sales and margins explain her exit. But waning demand for pricey tipples will weigh on growth, and a ...

The 10-bln-euro carmaker has dodged tariff and China woes, while maintaining a good margin given its modest size. A big cut to targets, however, sent its shares down 15%. The onslaught of Chinese ...

Finance minister Rachel Reeves will ease rules that act as a ‘boot on the neck’ of the financial sector, which accounts for 9% of output. Some measures could stimulate competition and growth. Yet ...

PM François Bayrou will struggle to get the 44 bln euros of savings in the 2026 budget passed by parliament, meaning the deficit will remain close to 6% of GDP at least until 2027 elections. Bond ...

Mark Zuckerberg’s latest merger will be incredibly hard to engineer successfully. The Meta Platforms boss is trying to combine buying and building to turbocharge his ambitions in artificial ...

Britain’s financial centre has been leaking activity and jobs to other capitals but lacks a comprehensive plan to fix the ...

Medical analysis equipment maker Waters is combining with a unit of Becton Dickinson in a complex spin-merge. At a discount ...

Tariffs and a crackdown on overcapacity will make it hard for the $19 trln economy to sustain last quarter's 5.2% jump.