Rayonier Inc. and PotlatchDeltic Corp. agreed to combine their businesses, creating a major US timberland owner and lumber manufacturer with a market capitalization of $7.1 billion.
A Swiss court has breathed fresh life into a lawsuit filed by investors in Credit Suisse Group AG bonds seeking damages after their investments were wiped out when UBS Group AG rescued the bank in a government-brokered deal.
JPMorgan Chase & Co. soared past analysts' estimates for third-quarter trading and investment-banking fees, driven by a pickup in dealmaking and underwriting amid lingering volatility tied to President Donald Trump's tariffs.
Wall Street strategists have a warning for dip buyers tempted by Friday's rout in US stocks: There could be more pain ahead, even as China and the United States are signaling openness to trade talks.
The slowdown at cocoa factories across the world is continuing to deepen, indicating that the impact of last year's scorching price rally is still looming over processors' profits and the cost of sweet treats isn't likely to see a quick reprieve.
Talks between Ethiopia's government and holders of a $1 billion defaulted bond collapsed after both sides agreed to terminate the discussions without an agreement.
Singapore companies have committed to invest S$5.5 billion ($4.23 billion) in a joint special economic zone in Malaysia's Johor state since January last year, Singapore Deputy Prime Minister Gan Kim Yong said.