UPDATE 2-Bank of Ireland says has received approaches
European stocks slipped in a broad selloff, falling for the seventh day in nine sessions, with fresh fears over the financial sector knocking down banking shares such as Societe Generale.
Thursday, 20 Nov 2008 | Source: CNBC.com
Chrysler hopes to restart merger talks with General Motors if the government comes up with a bailout package for automakers, the Financial Times reported Thursday.
Thursday, 20 Nov 2008 | Source: Reuters
European stocks slid 3.8 percent on Thursday as oil at $50 whipped energy shares and a fresh 20-percent slide in Citigroup on Wall Street rattled banks.
Wednesday, 19 Nov 2008 | Source: The Associated Press
Microsoft is no longer interested in buying all of Yahoo, CEO Steve Ballmer said Wednesday, though he told shareholders that the company would still be "very open" to a collaboration on Internet search. His comments sent Yahoo shares diving by 12 percent.
Wednesday, 19 Nov 2008 | Source: Reuters
Struggling British sweets-to-CDs retailer Woolworths is in early-stage talks to sell its high-street business for what one industry source said was likely to be for a nominal sum.
Wednesday, 19 Nov 2008 | Source: Reuters
European stocks fell to a 5-1/2-year closing low on Wednesday, led down by banks and commodities on concerns over a deep recession, while profit worries punctured BASF and AstraZeneca.
Tuesday, 18 Nov 2008 | Source: CNBC.com
As the CEOs of the big three auto makers get ready to testify before the Senate Banking Committee on Tuesday, CNBC asked CEOs in advertising, healthcare and energy for their insight.
Tuesday, 18 Nov 2008 | Source: Reuters
General Electric's chief executive said on Tuesday he is confident in the U.S. conglomerate's ability to weather the current economic turmoil.
Tuesday, 18 Nov 2008 | Source: Reuters
European shares ended higher after a choppy session on Tuesday, helped by gains in energy shares and a rally on Wall Street on reassuring results from Hewlett-Packard, but weak financials capped advances.
Monday, 17 Nov 2008 | Source: Reuters
A dearth of capital provided by banks may drive public companies into the arms of cash-rich private equity firms and could help kick-start the moribund market for public-to-private buyouts.
Monday, 17 Nov 2008 | Source: Reuters
European shares closed lower Monday as mounting concerns about a global recession and Citigroup's plan to slash about 50,000 jobs hurt bank stocks, while miners tracked weaker metals prices.
Sunday, 16 Nov 2008 | Source: Reuters
Lion Nathan, Australia's second-largest brewer, launched a $4.9 billion takeover bid for soft drinks group Coca-Cola Amatil on Monday, seeking a tonic to slowing beer sales.
Sunday, 16 Nov 2008 | Source: Reuters
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Friday, 14 Nov 2008 | Source: CNBC.com
The U.S. government should provide funding to struggling Detroit automaker General Motors, Wilbur Ross, chairman & CEO of WL Ross & Co., told CNBC on Friday.