Avago to Buy Broadcom for $37 Billion

Chip maker Avago Technologies agreed to buy rival Broadcom, the latest deal in busy semiconductor space.

RBC's Profit Climbs 14%

Royal Bank of Canada reported a 14% increase in profit, helped by stronger earnings in its domestic-banking and capital-markets operations.

Teva Close to FTC Settlement on Cephalon's Provigil

Teva Pharmaceutical Industries is close to a settlement valued around $1 billion to resolve government allegations its Cephalon subsidiary paid generic drug makers to delay competing versions of the sleep-disorder drug Provigil, according to people familiar with the matter.

NXP Semiconductors Sells Unit to Chinese Firm for $1.8 Billion

NXP Semiconductors said it would sell its RF Power unit to Jianguang Asset Management for $1.8 billion, in a bid to secure approval for its previously announced acquisition of Freescale Semiconductor Ltd.

Chinese Online Travel Company Ctrip Hacked

China's largest online travel company said Thursday that some of its servers had been hacked, causing disruptions to its website and mobile app services.

Etihad Says Growth Threatened by Protectionism

Etihad Airways said potentially aggressive protectionist policies in the U.S. and Europe threaten to limit growth at the Abu Dhabi-based carrier.

CIBC Raises Dividend

Canada's fifth-largest lender by assets announced a surprise dividend increase and reported fiscal second-quarter results that beat expectations.

Toronto-Dominion Bank Profit Falls on Restructuring

Toronto-Dominion Bank profit fell on due to a restructuring charge related to cost-cutting in the U.S. and Canada.

JinkoSolar's Revenue Jumps

JinkoSolar Holding on Thursday reported a better-than-expected 36.5% jump in revenue in its first quarter as the cell-and-module maker benefits from expansion and higher shipments.

Costco Wholesale Profit Up

Costco Wholesale's third-quarter profit rose as the company continues to benefit from low gas prices, strong store sales and membership fees.

Chevron Sells Stake in New Zealand Refinery

Chevron raised more than $59 million through the sale of its around 11% interest in Refining NZ.

Airbus Mulls Jetliner Production Boost

Airbus is thinking of further increasing its output of the popular A320 single-aisle jetliner by as much as 26% to more than 60 a month.

Alibaba Strengthens Next-Day Delivery Services

Alibaba is ramping up efforts to provide next-day delivery services to more Chinese cities amid rising customer expectations.

Hong Kong Regulator Investigating Hanergy

Hong Kong's market regulator said it is investigating Chinese solar firm Hanergy-after the company's chairman told Chinese media that a probe was "purely rumor."

Sunac Drops Kaisa Takeover Plan

China's Sunac said it is terminating its takeover attempt of Kaisa Group, a struggling property developer that defaulted on its loans and bond payments earlier this year.