Author: Reuters Econ

Kroger sued the U.S. Federal Trade Commission on Monday, seeking to block the regulator from reviewing the grocery chain’s proposed $25 billion merger with smaller rival Albertsons , calling the FTC’s in-house tribunal unconstitutional.

Republican presidential candidate Donald Trump on Monday will reiterate he would block Nippon Steel’s planned purchase of U.S. Steel and move to rescind Biden administration power plant pollution rules.

Trading platform Blue Ocean Technologies LLC on Monday completed a platform upgrade that will boost capacity several hundredfold, two weeks after its overnight trading system crashed in the midst of a global market sell-off, the company said.

China left benchmark lending rates unchanged at a monthly fixing on Tuesday, in line with market expectations.

Shares of Japan’s Seven & i Holdings fell by almost 6% in morning trade on Tuesday, giving up some of their gains from the previous day, when they surged on news of a takeover proposal from Canada’s Alimentation Couche-Tard .

Media executive Edgar Bronfman made a $4.3 billion bid for Shari Redstone’s National Amusements and a minority stake in Paramount Global , the Wall Street Journal reported on Monday, citing people familiar with the matter.

Veteran media executive Edgar Bronfman Jr. submitted a bid on Monday to acquire a stake in Paramount Global and National Amusements, the Redstone family company that controls the entertainment giant, a person familiar with the matter told Reuters.

A look at the day ahead in European and global markets from Rae Wee

Dealmaking activity in the oil and gas industry increased 57% last year as energy companies boosted development spending, driven by higher cash flows from profits in prior years, according to a report released on Tuesday.

Mining giant BHP’s quick fix to a recent six-day strike at its huge Escondida copper mine in Chile could set the tone for upcoming negotiations elsewhere, with workers emboldened by high copper prices to push for a larger share of the profits.