Chesnara agreed to buy HSBC's specialist life protection and investment bond provider from the bank's U.K. branch for 260 million pounds ($354.5 million) in cash.

The electric-vehicle maker has an aging lineup and slumping sales, but its CEO has shifted his focus to robotaxis and robots. The cuts represent less than 4% of the company's global workforce and come ...

Gains in Apple, Nvidia and Tesla help power Wednesday's rise. The president exhorted holdout House Republicans to get behind his tax-and-spending bill , after the party's efforts to pass it ran into ...

Nippon Steel plans to raise up to $5.6 billion in subordinated loans, as part of efforts to strengthen its balance sheet following its $14 billion acquisition of U.S. Steel.

Concerns about bribery allegations, angry CBS News staff and a looming high-stakes merger made for tense monthslong negotiations. The travel-review company's shares have fallen after it rejected ...

Swiss annual inflation picked up in June, but stayed near deflationary levels, highlighting the possibility that the Swiss National Bank might push rates below zero later this year. Consumer prices ...

Gains in Apple, Nvidia and Tesla help power Wednesday's rise. The Bank of Japan should be ready to resume policy tightening if U.S. trade talks progress, policy board member Hajime Takata said. A ...

The pharmaceutical company said Thursday the drug did not meet its primary endpoint of sustained remission after 52 weeks of use in a phase three trial. Novartis said it will complete a full ...

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, plans to invest more than $60 million before the end of this fiscal year in March to capture AI innovation.

Shares of both companies took a hit in late May when reports about the curbs emerged. Since then, tensions between the U.S. and China have eased. The two sides reached a trade truce in mid-June after ...

Beijing views its relation with the EU as a partnership, not a rivalry, China's foreign ministry said, after the bloc called for China to end "distortive practices" including rare-earths curbs.