Rumors of Commerzbank merger send shares up - Wall Street regulators admit cybersecurity breach - Liliane Bettencourt dies at age 94
Germany's Siemens and France's Alstom may be on the verge of merging their rail businesses, media reports suggest. It would come at a time when they are facing growing competition from China's state-backed rival CRRC.
Citing a "broad set of challenges," the financial giant has reported first-quarter earnings that are down over 50 percent from last year. But it's not the only big business to be thrashed by turbulent markets.
A cybersecurity firm has uncovered a link between a global hacking syndicate and N. Korea. The US is investigating the country's involvement in a 2016 heist of $81 million. But finding a smoking gun will not be easy.
This year's mergers and acquisitions have seen a record in total value of corporations changing hands, consultancy Dealogic has reported. The biggest Action involved mergers of companies in the same industry.
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