Glencore Plc’s announcement of a $1 billion stock buyback was short on both wit and colour. So allow me to hazard a rough translation: “Don’t worry, we’re rich and our share price should be much higher.” Faced with the unwelcome attention of the US Department of Justice, most companies would be inclined to batten down the hatches. But, just a ...

Japanese acquirers aren’t known for underpaying. So the country’s top industrial-gas producer looks to have lucked out in buying the European cast-offs of the $45 billion merger between Germany’s Linde AG and Praxair Inc of the US. Praxair agreed to sell assets valued at about 5 billion euros ($5.9 billion) to Taiyo Nippon Sanso Corp as part of efforts to ...

Wall Street is booming. Mergers and acquisitions are happening at a record pace this year. Initial public offerings are making a comeback. Volatility — the lifeblood of any good trader — is creeping back into markets. New York State Comptroller Thomas DiNapoli said in March that Wall Street’s average bonus jumped 17 percent in 2017 to $184,220, the highest since ...