LONDON Overseas buyers lured by a plunge in the pound are looking to snare British companies on the cheap, ensuring a steady flow of deals since Britain voted to leave the European Union and defying expectations of an M&A drought.
CHENGDU, China The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism.
CHENGDU, China Britain's new finance minister Philip Hammond, under pressure from his peers from around the world, said on Sunday there could be more clarity later this year on how the country will exit the European Union.
Tesla Motors Inc and SolarCity Corp have made progress in putting together a deal that will merge the electric car maker and the solar panel installer, people familiar with the matter said.
MADRID Spain's economy may grow around 2.9 percent in 2016, up from the current official target of 2.7 percent, although 2017 could come under pressure due to lower global growth, acting Economy Minister Luis de Guindos said on Sunday.
CHENGDU, China Europe's banking system is stronger as a whole due to reforms put in place in recent years but banks should continue to clean up balance sheets and address legacy quality issues, U.S. Treasury Secretary Jack Lew said on Sunday.
LONDON The remaining shops belonging to Britain's collapsed department store chain BHS will close down in the next four weeks at a potential cost of 5,000 jobs, Sky News said on Saturday.
BEIJING As China's economy notches up another quarter of steady growth, the pace of credit creation grows ever more frantic for every extra unit of production, as inefficient state firms swallow an increasing share of lending.
TORONTO Canada seeks a "strong trade agreement" with a Britain that has voted to leave the European Union, the country's Finance Minister Bill Morneau said on Saturday on the sidelines of a G20 meeting in Chengdu, China.
FRANKFURT Audi aims to have three electric car models by 2020 and for electric vehicles to account for 25 to 30 percent of its sales by 2025, Chief Executive Rupert Stadler told a German newspaper.