Intertek is set to agree to a £10.6 billion takeover by private equity group EQT. The deal marks a significant consolidation move in the testing and inspection sector.

Blackstone terminates $4 billion acquisition of New World. The deal collapsed after the property developer refused to hand over management control to the investment firm.

Blackstone has terminated its proposed $4 billion acquisition of New World after the property developer rejected demands for a change in management control.

ECB Governing Council member Olli Rehn says economic data shows the first signs of a stagflationary shock. The comments highlight growing concerns over the outlook for the eurozone economy.

European Central Bank Governing Council member Olli Rehn stated that current economic data indicates the initial signs of a stagflationary shock.

Turkey reports record monthly decline in foreign reserves for March as global market selloffs triggered by the Iran war strain the lira.

Turkey's foreign reserves experienced their largest monthly decline on record in March, driven by global selloffs in emerging market assets and pressure on the lira following the outbreak of war in Iran.

Samsung and its union fail to reach a pay deal, raising the risk of a major strike that could impact chip production and South Korea's economy.

Samsung and its union failed to reach a pay deal, raising the risk of a major strike that could impact chip production and the South Korean economy.