Vivendi's €2.8bn ($4.2bn) takeover of GVT, the Brazilian broadband operator, failed to impress investors yesterday, sending the group's shares down nearly 3 per...

Paul Allen, the billionaire investor who co-founded Microsoft, was diagnosed earlier this month with non-Hodgkin's lymphoma and is undergoing chemotherapy.

U.S. regulators have seized or threatened at least 27 banks that received capital infusions from the Troubled Asset Relief Program, leaving taxpayers facing a potential $5.1 billion loss.

Vivendi's €2.8bn takeover of GVT, the Brazilian broadband operator, failed to impress investors

China is entering a new round of talks with its major iron-ore suppliers, with signs that acrimony between the parties has eased and indications favoring a higher contract price for next year.