The company said on Tuesday it tried looking for a buyer with the help of its investment banker Perella Weinberg Partners, but was unable to find a "stalking horse," or initial bidder, acceptable to it. Atari ...

Telefonica, which stopped subsidizing handsets for new clients last year to save cash, lost over 700,000 mobile customers in the first quarter of the year as cheaper rivals, such as Yoigo, gained market share. In ...

Shares of the Calgary-based company rose as much as 11 percent to C$3.14 on the Toronto Stock Exchange on Wednesday. Its Nasdaq-listed shares were up 10 percent. Reolysin was administered intravenously along with ...

ZURICH (Reuters) - Swiss billionaire Ernesto Bertarelli has bought back the Geneva headquarters of his former biotech firm Serono, hoping to establish a biotech research campus. After selling the family business to ...

LONDON/NEW YORK (Reuters) - British publisher Pearson's Penguin unit said on Wednesday it would pay $75 million in damages plus costs to U.S. states and consumers as part of an agreement over alleged price-fixing in ...

Algeria wants to nationalize Djezzy and has pushed Vimpelcom into discussing a sale of a 51 percent stake. A report by Dow Jones earlier said that talks had ended in failure, citing two officials close to the matter.

Pfizer, the largest U.S. drugmaker, sold Zoetis shares in an initial public offering in February that raised $2.2 billion. Pfizer retained an 80 percent stake in Zoetis after the IPO and now plans to unwind that, ...

PARIS (Reuters) - IMF chief Christine Lagarde will be questioned by a French magistrate on Thursday over her role in a 285-million-euro ($366 million) arbitration payment made to a supporter of former president Nicolas ...

DUBLIN (Reuters) - Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to ...

BRUSSELS (Reuters) - Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors and the EU focused on negotiating a similar agreement with ...