MGM Resorts International said on Tuesday it would sell its Bellagio and Circus Circus resorts in Las Vegas in separate deals valued at about $5 billion, as the U.S. casino operator seeks to monetize its real estate assets and bolster its balance sheet.
Italian loss-making airline Alitalia won a commitment from toll-road operator Atlantia and state railways Ferrovie dello Stato (FS) on Tuesday to come to its rescue provided a number of conditions were met.
A 23-year-old law giving technology companies legal protection from lawsuits over user-generated content remains critical to the internet's future, Alphabet Inc's Google unit and social media site Reddit Inc said in testimony released on Tuesday.
Asian shares took off on Wednesday and sterling held near six-month highs as Britain and the EU made headway on a Brexit deal ahead of a leaders' summit though it remained unclear if London could avoid postponing its scheduled departure on Oct. 31.
Japanese hotel operator Unizo Holdings said on Wednesday it had not decided how to respond to a tender offer launched by private equity firm Blackstone Group and would consult with a special committee on how to proceed.
Shares of Unizo Holdings Co Ltd jumped on Wednesday after U.S. private equity firm Blackstone Group Inc ratcheted up its pursuit of the Japanese hotel operator by launching a 5,000 yen-per-share tender offer.
Asian shares inched higher while sterling came off five-month highs in volatile trade on Wednesday as investors looked to whether Britain can secure a deal to avoid a disorderly exit from the European Union.
The leaders of the House of Representatives Judiciary Committee said late on Tuesday that they had begun receiving data from Facebook, Alphabet's Google, Amazon and Apple as part of their probe into the companies' potential breaches of antitrust law.
Oil prices rose on Wednesday, tracking gains in equities, as investors pinned hopes on a potential Brexit deal between Britain and the European Union and on signals from OPEC and its allies that further supply curbs could be possible.
Chile's Supreme Court has ordered the Bank of Chile to allow tax authorities to examine the local accounts of Uber , rejecting an appeal by the ride-sharing company, according to a judgment seen by Reuters on Tuesday.
Private equity giant KKR & Co and its partners canceled what was to be Australia's biggest listing of the year, lender Latitude Financial, because investors would not pay a price that reflected its value, the Latitude CEO said on Wednesday.
Steve Eisman, an investor best known for shorting stocks, says he's betting long on a Schaumburg, Illinois-based company that provides communications systems for law enforcement and emergency responders.
Global energy giant Exxon Mobil Corp will offer its expertise and technology to India's biggest state-owned explorer Oil and Natural Gas Corp Ltd to help develop its resources in offshore blocks, according to two sources directly privy to the development.
Oil prices fell on Tuesday, after heavy losses in the previous session, as two days of weak Chinese data added to worries about the top crude oil importer's energy demand growth.
Asian stocks and the pound gained on Tuesday as investors held out hope that Britain still had a chance of avoiding a messy exit from the European Union at key negotiations this week.