The card payment titans have long shrugged off political pressure or potential rivals, the $95 bln in fees they collect and share cementing a cozy duopoly. Yet swipes are becoming less lucrative, as ...

Italy’s defence firm is growing its armoured vehicle business by buying truck maker Iveco’s military unit. The lowball $2 bln ...

The Tata group has a patchy record of overseas expeditions. Wednesday's all-cash 3.8 billion euros ($4.34 billion) agreed ...

Donald Trump's decision to impose a 25% duty on imports from India may allow the South Asian country to remain a desirable ...

The Japanese automaker's operating loss hit $730 mln last quarter as sales fell 10%. But the company just raised nearly $6 ...

Weeks after the US group paid $8 bln for a British retirement manager, its Canadian peer agreed a $3 bln takeover of Just Group. Brookfield’s price is high. But Britain’s annuity market is growing and ...

The $34 bln miner is trying to sell loss-making unit De Beers, which was part of its defence against a failed takeover from BHP. CEO Duncan Wanblad may be tempted to demand a glitzy price. But if he ...

The Facebook owner and Redmond giant are spending billions to dominate machine learning. Their ultimate goals diverge. Microsoft’s strength is selling to enterprises; Meta CEO Mark Zuckerberg touts a ...

Despite pressure from President Trump and increased dissent from fellow governors, Jerome Powell held rates steady above 4.25%. As the impact of existing tariffs and new escalations like a 25% levy on ...