Ownership changes

The Alitalia check-in area is empty at Rome's Leonardo Da Vinci international airport, in Fiumicino, near Rome, Friday, Dec. 13, 2019. As its workers went on nationwide air sector strike on Friday, grounding hundreds of flights, the fate of Italy’s national carrier Alitalia still hangs in the balance. (Telenews/ANSA via AP)
December 13, 2019 - 11:24 am
ROME (AP) — Hundreds of international and domestic flights in Italy were cancelled Friday as air transport workers held a nationwide strike to protest feared firings and salary cuts at troubled national carrier Alitalia. Attempts to find a buyer for the airline, run by state-appointed...
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Saudi Arabia's state-owned oil company Saudi Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia, Wednesday, Dec. 11, 2019. (AP Photo/Amr Nabil)
December 11, 2019 - 5:01 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the country's economy depends on. The shares'...
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December 10, 2019 - 6:50 pm
SAN RAMON, Calif. (AP) — Chevron Corp. said Tuesday it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas will reduce the value of its assets. More than half the write-down is related to gas drilling operations in Appalachia. The huge fourth-quarter...
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December 10, 2019 - 6:46 am
LONDON (AP) — Food delivery company Just Eat rejected a sweetened takeover bid from investment firm Prosus on Tuesday, saying that the 5 billion pound ($6.6 billion) offer still “significantly undervalues” the company. Prosus N.V., which is owned by the wealthy South African investment group...
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December 05, 2019 - 2:22 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabian state-owned oil company Aramco says it will sell its shares at 32 riyals ($8.53) each, laying the groundwork for a $25.6 billion IPO, the biggest ever. The figure released Thursday means Aramco would be valued at $1.7 trillion, more than both...
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FILE -In this Jan. 9, 2018, file photo, people walk by the Panasonic booth during CES International in Las Vegas. Japanese electronics manufacturer Panasonic Corp. is abandoning the semiconductor business with the sale of its last business in that sector to a Taiwanese company. Panasonic said Thursday it was transferring the semiconductor business operated by Panasonic Semiconductor Solutions Co. to Nuvoton Technology Corp. (AP Photo/John Locher)
November 28, 2019 - 4:07 am
TOKYO (AP) — Japanese electronics manufacturer Panasonic Corp. is abandoning the semiconductor business with the sale of its last business in that sector to a Taiwanese company. Panasonic said Thursday it was transferring the semiconductor business operated by Panasonic Semiconductor Solutions Co...
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People walk by Tiffany's flagship store, Monday, Nov. 25, 2019 in New York. French luxury group LVMH has agreed to buy iconic New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. (AP Photo/Mark Lennihan)
Associated Press
November 25, 2019 - 2:55 pm
PARIS (AP) — French luxury group LVMH has agreed to buy New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. LVMH said in a statement Monday it will take over the 182-year old Tiffany and its 300...
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FILE - This July 14, 2010, file photo, shows a Charles Schwab office in Oakland, Calif. Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by disruption in the online brokerage industry. The tie-up announced Monday, Nov. 25, 2019, would create a company so big, however, that it may draw sharp scrutiny from antitrust regulators.(AP Photo/Paul Sakuma, File)
November 25, 2019 - 2:54 pm
NEW YORK (AP) — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement brought about by massive disruption in the online brokerage industry. Bowing to competitive pressure, brokerages have made it free for customers to trade U.S. stocks online. A...
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November 25, 2019 - 5:25 am
THE HAGUE, Netherlands (AP) — Dutch energy company Eneco says it has agreed to a proposed 4.1 billion-euro ($4.5 billion) takeover by Japanese corporations Mitsubishi and Chubu. Eneco said in a statement Monday that Mitsubishi will fund 80% of the deal and Chubu the remaining 20%. The company,...
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In this picture taken Friday, Aug. 17, 2012, Italy's largest steel plant is seen in Taranto, Italy. Italian Premier Giuseppe Conte says steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern Italian steel plant. Conte and his economy and economic development ministers held four-hour talks ending Friday before midnight with ArcelorMittal’s top executives. Union leaders on Saturday insisted that any deal must exclude layoffs. (AP Photo/Paola Barisani)
November 23, 2019 - 9:43 am
ROME (AP) — Italy’s leader said that steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern plant that is one of Europe’s largest steel producers, while union leaders on Saturday clamored for authorities to protect the thousands of jobs at stake. Premier...
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