Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal

Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal

July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal ...

Saks files for bankruptcy as luxury market struggles

Saks files for bankruptcy as luxury market struggles

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after ...

ESPN, Fox to bundle upcoming streaming services for $39.99 a month

ESPN, Fox to bundle upcoming streaming services for $39.99 a month

Disney’s ESPN and Fox Corp. are teaming up to offer their upcoming direct-to-consumer streaming services as a bundle, the companies ...

Italy’s MPS shares fall ahead of Mediobanca board meeting on bid

Italy’s MPS shares fall ahead of Mediobanca board meeting on bid

By Giulia Segreti and Valentina Za ROME/MILAN (Reuters) – Shares in Monte dei Paschi (MPS) fell again on Monday, extending ...

China Vanke’s CEO, chairman resign amid growing liquidity worries

China Vanke’s CEO, chairman resign amid growing liquidity worries

(Reuters) – Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid ...

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