Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Ant Group’s record $34.5 billion IPO in Shanghai…
SHANGHAI, China — Ant Group's world record-setting initial public offering in Shanghai and Hong Kong has been suspended.The Shanghai and Hong Kong stock exchanges made the announcement on Tuesday. Alibaba, which owns a roughly 33%…
Chinese fintech giant Lufax plans international push as…
SHANGHAI — Chinese fintech giant Lufax is laying the groundwork for international expansion over the next five years, following a cash injection from its U.S. IPO, the company's chief executive told CNBC.Lufax started trading on…
Amazon says third-party sellers made more than $3.5…
A worker loads customer orders into a waiting tractor-trailer inside the million-square foot Amazon distribution warehouse that opened last fall in Fall River, MA on Mar. 23, 2017.John Tlumacki | Boston Globe | Getty ImagesAmazon…
Blackstone nears $2 billion property deal with Prestige
By Baiju Kalesh and Saritha RaiBlackstone Group Inc. is nearing a deal to buy an Indian developer’s commercial properties for about $ 2 billion, according to people with knowledge of the matter. The US private…
Morgan Stanley tops analysts’ revenue estimates by $1…
Morgan Stanley beat analysts' estimates for third-quarter revenue and profit, fueled by better-than-expected results from the firm's Wall Street trading operations.The bank said Thursday in a release that profit jumped 25% from a year earlier…
The $700 billion Hispanic business market in the…
Small businesses line Bagley Avenue in the Mexicantown neighborhood of Southwest Detroit, Michigan.Bryan Mitchell | Bloomberg | Getty ImagesAs gridlock over another round of stimulus for small business in Washington continues, 5 million Latinos are…
With $20 billion in deals this year, Morgan…
Morgan Stanley CEO James Gorman has just completed a pivot that began more than a decade ago.With the announcement Thursday that Morgan Stanley is acquiring investment manager Eaton Vance for $ 7 billion, Gorman is…
Flipkart to host ‘Big Billion Days’ sale from…
NEW DELHI: Walmart-owned Flipkart on Saturday said it will host its annual 'The Big Billion Days' sale from October 16-21. The six-day event will focus on delivering its promise of a wide range of products…