America Movil SAB and Grupo Televisa SAB were ordered by Mexico’s government to share their infrastructure with competitors in a bid to cut the market share of the nation’s dominant phone and media companies.
Private share markets where corporate insiders can cash out stakes while avoiding the scrutiny of public listings have seen their popularity wane. Nasdaq OMX Group Inc. has a plan to make the concept mainstream.
Facebook Inc.’s 2012 stock market debut helped spark a boom in U.S. initial public offerings, sucking the life out of a Wall Street fad that the social network had helped popularize: private share exchanges.
Lenovo Group doesn't need a phone company. It is a phone company. The Chinese consumer-electronics giant is currently the fourth-largest smartphone maker in the world, according to research firm IDC. It's bigger than LG Electronics, HTC, Sony and yes, even Motorola Mobility.
Lenovo Group Ltd. made the largest overseas technology acquisition by a Chinese firm this month when it acquired a server business from International Business Machines Corp. Repeating the trick less than a week later took a little help from Google Inc.
Mulberry Group Plc fell the most in more than a year in London after the luxury bag maker said profit will be “substantially below” estimates because of weak sales in the U.K. and order cancellations in South Korea.
Natura Cosmeticos SA is counting on increasing sales from its Latin American units to drive growth as stagnant revenue from its core Brazilian market makes it the world’s worst performing cosmetics company.