Qualcomm Inc said on Thursday it had agreed to buy NXP Semiconductors NV for an enterprise value of about $47 billion, as it seeks to expand the reach of its chips from phones to cars.
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HONG KONG Carlyle Group LP and Bain Capital LLC are the only major global buyout firms left bidding for McDonald's Corp's restaurants in China and Hong Kong after TPG Capital Management LP [TPG.UL] pulled out, people close to the matter said on Thursday.
NEW YORK General Electric has won a $900 million contract to build a 1,500 megawatt natural-gas-fired combined-cycle power plant in the Brazilian state of Sergipe, the largest such plant in Latin America, company executives said.
FRANKFURT Deutsche Bank chief John Cryan pledged on Thursday to redouble restructuring efforts, warning that the bank faces tough times as it seeks to finalize talks with U.S. justice authorities over a multi billion dollar fine.
MILAN A Milan judge has accepted a settlement agreement with the head of Apple's Irish-based unit Apple Sales International as part of a probe into allegations the U.S. tech giant failed to pay corporate taxes in Italy to the tune of 879 million euros ($959.43 million), a judicial source said.
BERLIN Volkswagen said third-quarter operating profit at its core brand plunged more than half, adding weight to management calls for cutbacks at VW's biggest division.