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Citigroup led a surge in bank shares after Berkshire Hathaway revealed a big stake. Photograph: Jin Lee/Bloomberg

European shares ended higher on Tuesday, on hopes that demand in China could be sustained as authorities looked to relax Covid-19 restrictions as inve(...)

Raleigh bikes parent, Accell, one of Europe’s largest bicycle manufacturers, has agreed a €1.56 billion takeover by a consortium led by US private equity group KKR.

One of Europe’s largest bicycle manufacturers and owner of the Raleigh brand has agreed a €1.56 billion takeover by a consortium led by US private equ(...)

Warner Music has acquired David Bowie’s songbook for about €220 million. Photograph:  Martin Rickett

Warner Music has acquired David Bowie’s songbook for about $250 million (€221 million), the latest mega-deal in a frenzy for music copyrights that ha(...)

Bowie died in 2016 and left his estate to his second wife Iman and two children. Photograph:  William Conran/PA

Warner Music is in talks to acquire David Bowie’s songwriting catalogue and is raising $535 million (€473 million) in debt to support the potential ac(...)

Henry Kravis and George Roberts have remained intimately involved in the firm despite its size.

Henry Kravis and George Roberts, whose swashbuckling leveraged buyouts of the 1980s made them the face of the private equity industry, are stepping do(...)

Oil majors BP and Royal Dutch Shell slid more than 1 per cent each. Photograph: Glyn Kirk/AFP via Getty Images

European stocks posted their worst daily fall in one week on Wednesday, tracking weakness on Wall Street, as investors grew wary of rising inflationar(...)

Toshiba Tec Corp makes products such as bar code printers and is valued at $2.3 billion. Photograph: Kimiasa Mayama/EPA

A Toshiba Corp unit said it was hacked by the DarkSide ransomware group, overshadowing an announcement of a strategic review for the Japanese conglome(...)

Nestlé is in talks to buy the company behind Nature’s Bounty vitamins and minerals in what would be the Swiss food group’s latest multibillion-dollar deal to reshape its portfolio.

Nestlé is in talks to buy the company behind Nature’s Bounty vitamins and minerals in what would be the Swiss food group’s latest multibillion-dollar (...)

Flutter is the Dublin-headquartered owner of Paddy Power and Betfair. File photograph: PA

Irish betting giant Flutter says it is “considering” listing a small number of shares in its US subsidiary Fanduel but has not made a decision at this(...)

Rupert Murdoch looks on prior to Super Bowl 51 between the Atlanta Falcons and the New England Patriots at NRG Stadium on in 2017 in Houston, Texas. Photograph: Al Bello/Getty Images

In his twilight years, the question of what happens to the Murdoch media dynasty still seems to involve a family struggle By his own reckoning, (...)

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