Prologis Rebuffed in $16.6 Billion Takeover Approach for U.K.'s Segro

The world's largest owner of industrial real estate said it sees a clear strategic rationale for a combination and urged Segro shareholders to encourage the board to engage.

Sixteen Airbus A380s to Undergo Inspection After Cracks Found on Airplane Wings

Aircraft operated by Emirates and Qantas require inspections, with immediate checks needed for five of the jets.

Rheinmetall Shares Slump After Reports That Germany Is Dropping Frigate Project