(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd is set to sell some $22 billion (13.49 billion pounds) of shares on Thursday, capping a two-week road show that drew frenzied interest from investors worldwide and may be the world's largest ever initial public offering.
BRUSSELS (Reuters) - A meeting of European leaders to discuss growth and jobs which Italian Prime Minister Matteo Renzi said would be held in Italy in October will no longer take place, a European Commission spokeswoman said on Thursday.
PARIS (Reuters) - An Air France pilots union warned on Thursday that it could vote to extend an ongoing strike "indefinitely" if its demands are not met, as the airline was forced to cancel around 60 percent of its flights for the fourth day.
FRANKFURT (Reuters) - Germany's Bayer plans to list its less profitable plastics business on the stock market in a deal that could value the division at around 10 billion euros (7.89 billion pounds) as it seeks to focus entirely on healthcare and crop science.
MOSCOW (Reuters) - The arrest of Russian billionaire Vladimir Yevtushenkov on money laundering charges has hurt Russia's business climate and could spur capital flight, Economy Minister Alexei Ulyukayev said on Thursday.
ISTANBUL (Reuters) - President Tayyip Erdogan denied on Thursday the existence of any concerted effort in Turkey to sink one of its banks, days after lender Bank Asya said it had been the target of a systematic campaign to undermine it.
BEIJING/SHANGHAI (Reuters) - Worries that China's economy may be slowing further intensified on Thursday as data showed home prices fell for the fourth straight month, adding to expectations that Beijing will need to do more to stimulate activity.
ZURICH (Reuters) - The head of Julius Baer , a rumoured takeover target for larger rival Credit Suisse , said any purchase of the Swiss private bank was unlikely for the foreseeable future, Bloomberg News reported.
LONDON (Reuters) - Britain's Merlin Entertainments believes its "Dungeon" parks which take visitors on a gruesome journey through plagues and punishments of the past, could become a global money-spinner after the success of a new U.S. venue.
MINNEAPOLIS (Reuters) - A string of missteps at a $10 billion (6.13 billion pounds) Angolan liquefied natural gas venture has hurt Chevron Corp's reputation as a top-notch operator of profitable energy projects around the world.
LONDON, (Reuters) - Demand for British factory exports fell to a 21-month low this month, causing overall orders growth to slow sharply, figures from the Confederation of British Industry showed on Thursday.
FRANKFURT (Reuters) - The European Central Bank detailed plans on Thursday for changing the way the euro zone governors vote from next year, curbing smaller economies' potential influence in favour of big countries, like Germany.
SEOUL (Reuters) - Hyundai Motor Group will pay a record $10 billion (6.1 billion pounds) for the site of its new headquarters in Seoul's high-end Gangnam district, out-bidding Samsung Electronics Co Ltd and sparking investor concerns that it is wasting cash on a trophy property.