The fact the same investors own nearly half of both firms means the deal of Royal Dutch Shell's takeover of BG Group is still likely to go through even as it might look less attractive after the slide in oil prices.   According to data publicly available, investors holding about 43 percent...

Following a federal investigation involving his former hedge fund and a pharmaceutical company he previously headed, Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, was arrested by the FBI on Thursday.   A person familiar with the matter said that...

The European Bank for Reconstruction and Development has suspended funding construction of a new plant of the German Volkswagen Group in Poland. According to sources in the EBRD, quoted by the information agency Reuters, the bank froze disbursement of funds under the financing project for the new...

Concluding a six-month strategic review instigated by hedge fund Jana Partners, chip giant Qualcomm Inc has decided not to split into separate chip making and technology licensing businesses.   The current structure of the San Diego-based Qualcomm - biggest maker of chips used in mobile...

The first fully autonomous Ford Fusion Hybrid  sedans would roll out from the Ford Research and Innovation Center Palo Alto at the company expects the cars to take California streets next year.   Autonomous vehicle research is being expanded by Ford's Research and Innovation Center in...

As Yahoo comes under pressure to change strategic direction, shareholders consider former Yahoo executives Ross Levinsohn and Jacqueline Reses as potential replacements for Chief Executive Officer Marissa Mayer.   New York-based SpingOwl Asset Management, a New York based activist hedge...

Talks for a $20 billion swap are going on between Sanofi and Boehringer Ingelheim. The family-owned German group's consumer health operation is proposed to be swapped with the French pharmaceuticals company's animal health business.   With an enterprise value of 11.4 billion euros ($12.6...

Due to the high levels of supply that may be heightened by the lifting of sanctions against Iran Moody’s has cut its oil price forecast for next year by $10 a barrel.   The assumption price for Brent crude, the international benchmark, was sliced to $43 a barrel from $53 by the credit rating...

UK Advertising Standards Authority began an investigation into the painkiller "Nurofen." The regulator will consider for cheating the audience Nurofen Express ad, which states that it acts specifically on the source of the pain. Initiation of an investigation related to the analgesic in the UK was...