Bayer will acquire the consumer care business of U.S.-based Merck & Co for $14.2 billion in cash, the company said in a statement Tuesday.
There are 277 million users on LinkedIn, according to the company’s latest results, and many of them — though not all — are probably competing for the same jobs.
JPMorgan said Wall Street’s trading slump has deepened and could last through the second quarter.
UBS posted first-quarter profit that beat expectations on Tuesday, as Chief Executive Sergio Ermotti pledged to pay a special dividend to investors in return for a revamp in the bank's corporate structure.
Credit Suisse is in talks with the U.S. Justice Department to pay as much as $1.6bn to resolve an investigation into the bank's role in helping Americans evade U.S. taxes, a person familiar with the matter said on Monday.
Barclays is considering a retrenchment from continental Europe which could include the sale of its business in France, Spain, Italy and Portugal as part of its strategic review to be unveiled this week.
Profit at Barclays' investment bank almost halved in the first quarter after a slump in income at its rates and currency business.
SAC Capital Advisors’ Michael Steinberg, convicted of insider trading in December, should be sentenced to no more than two years in prison, less than half the sentence recommended by the court’s probation department, his lawyers said.
France is under renewed pressure to cut its budget deficit, after the European Commission forecast it would miss its 2015 reduction target.
Carl Icahn copped to a having a " fighting gene " when it comes to his approach to corporate governance-an observation made by Berkshire Hathaway's Warren Buffett on Monday.
Worldwide M&A activity totals $241.4 billion, down 22% compared to YTD 2015
Last October, Credit Suisse Chief Executive Officer Tidjane Thiam called two of his bank’s businesses the 'ugly ducklings that no one likes'. He’s just been reminded why.
BNP Paribas reported fourth quarter earnings below analyst forecasts and said it would revamp its Corporate and Institutional Banking (CIB) unit.