Our Great City
The British vote to leave the EU is likely to dominate summits of European heads of government and global central bankers this week, as policy makers look for a road map following “Brexit.”
The U.K.’s decision to exit the European Union may rock the overall U.S. economy in coming months. But it isn’t likely to sink it.
Britain’s vote to leave the European Union is already forcing Europe’s nimble, tech startup community to reassess operations there—a potential early warning for the kind of dramatic action bigger companies may have to take.
Hollywood’s big bet on sequels this summer continued to pay off poorly as ‘Independence Day: Resurgence’ fizzled, with ticket sales of about $41.6 million in the U.S. and Canada on its opening weekend.
Sajid Javid said he will convene a special meeting as he seeks to reassure British businesses scrambling to assess the “brexit” amifications.
Bayer’s offer for Monsanto, which would be the largest corporate takeover ever by a German company, is a risky power play for CEO Werner Baumann. He surprised investors with the offer less than two weeks after assuming the top job on May 1.
Proprietary drugs that extend or improve the lives of millions of people have lifted stocks of the biotech companies that own them and made millionaires of many scientists and doctors behind them.
Athleisure might be the style trend of the moment, but looking sporty might not be enough for Nike when it reports fiscal 2016 results Tuesday.
Tsinghua Holdings Co., the state-owned investment arm of China’s elite Tsinghua University, said it plans to increase its investment in research on strategic technologies to $7.6 billion over the next five years.
Qualcomm is suing Meizu Technology, a Chinese smartphone maker backed by Alibaba Group Holding, in the latest patent-infringement case involving technology companies.
China’s internet regulator has issued new rules for online search and advertising, about six weeks after it opened an investigation of Chinese search giant Baidu’s practices.