European cities are closing in on London's wounded financial hub. Following the U.K.'s vote to quit the European Union, London's position as the continent's premier financial center is under threat, and officials in Paris, Frankfurt and Dublin aren't ...
... MDLZ 5.91 % Mondelez International Inc. MDLZ 5.91 % made a roughly $23 billion bid for Hershey Co. HSY 16.83 % in an effort to create the world's largest candy maker at a time when both companies' sales are under pressure.
... * MSCI Asia-Pacific index gains 0.1 pct, Nikkei rises 0.8 pct. * Pound drops again after BOE's Carney hints of rate cuts ahead.
Marissa Mayer addressed the purple elephant in the room immediately after stepping on stage: No, there are no updates about Yahoo's sale process.
BEIJING—In a first look at China's economic performance in June, two gauges of manufacturing activity weakened as factories continued to battle overcapacity, slower growth and rising debt.