In glitzy Singapore, hotels’ success recipe is being average
February 10, 2017 by elegant · Leave a Comment
Liesbeth Foesters travels for business around the world, but none of her hotel rooms was smaller than the one she got in Singapore. “If you compare this with (the room I had in) China, it is nothing, but … we have to adapt to the budget,” the 30-year-old Belgian…
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In glitzy Singapore, hotels’ success recipe is being average
Japan’s love of tiny cars sore spot as Trump, Abe meet
February 10, 2017 by admin · Leave a Comment
TOKYO/DETROIT (Reuters) – When Japanese Prime Minister Shinzo Abe meets on Friday with U.S. President Donald Trump, Japan’s bulging automotive trade surplus will be a sore spot, but the path to balancing auto exports and imports will be no easier than it was in the 1980s.
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Japan’s love of tiny cars sore spot as Trump, Abe meet
Boeing’s $14 billion Singapore Air order does not fill 777, 787 gap: CEO
February 10, 2017 by publisher · Leave a Comment
Boeing Co must sell more 777 and 787 jetliners to keep production plans on track, despite a $13.8 billion order that landed earlier on Thursday, its chief executive said. The order from high-profile customer Singapore Airlines is a strong endorsement of both planes, and…
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Boeing’s $14 billion Singapore Air order does not fill 777, 787 gap: CEO
Exclusive: Blackstone to acquire Aon’s benefits outsourcing for $4.8 billion – sources
February 10, 2017 by elegant · Leave a Comment
Private equity firm Blackstone Group LP has agreed to acquire insurance broker Aon Plc's employee benefits outsourcing business for around $4.8 billion, people familiar with the matter said on Thursday. It also allows Aon to exit a mature, capital-intensive outsourcing business, allowing it to invest in growth areas beyond its core insurance brokerage operations, such as cyber security and health insurance.
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Exclusive: Blackstone to acquire Aon’s benefits outsourcing for $4.8 billion – sources
Twitter numbers paint grim profitability picture
February 10, 2017 by publisher · Leave a Comment
For all the buzz the San Francisco company has created as the preferred platform for U.S. President Donald Trump and other high-profile figures, Twitter has lost more than $1.5 billion cumulatively since it went public in late 2013. Fourth-quarter revenue of $717 million was well
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Twitter numbers paint grim profitability picture
Exclusive: Cancer drugmaker Tesaro attracts takeover interest – sources
February 8, 2017 by publisher · Leave a Comment
The takeover interest in Tesaro underscores the pharmaceutical industry's strong appetite for the acquisition of biotechnology companies with promising medicines under development in lucrative sectors such as cancer treatment. Tesaro is not actively exploring a sale, the people said this week, noting that there is a significant gap over the company's valuation between Tesaro and potential acquirers.
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Exclusive: Cancer drugmaker Tesaro attracts takeover interest – sources
Microsoft offers patent troll defense for cloud customers
February 8, 2017 by elegant · Leave a Comment
Companies new to the cloud are vulnerable to non-practicing entities, which do not make any products themselves but use their arsenal of broad technology patents to sue other firms in order to extract royalties or a cash settlement. The new offering could appeal to companies new to the cloud arena, needing a service such as Microsoft's Azure to store their data or…
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Microsoft offers patent troll defense for cloud customers
Harry Potter spinoff helps Time Warner top estimates
February 8, 2017 by elegant · Leave a Comment
The New York-based media company, which is set to become part of AT&T Inc in an $85.4 billion deal, reported an 11.5-percent rise in quarterly revenue and said the merger remained on track to close later this year. U.S. President Donald Trump opposed AT&T's bid for Time Warner during his election campaign. AT&T, which has also said it expects the deal to be approved, is looking …
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Harry Potter spinoff helps Time Warner top estimates
Exclusive: White House eying executive order targeting ‘conflict minerals’ rule – sources
February 8, 2017 by publisher · Leave a Comment
By Sarah N. Lynch and Emily Stephenson WASHINGTON (Reuters) – President Donald Trump is planning to issue an executive order targeting a controversial Dodd-Frank rule that requires companies to disclose whether their products contain “conflict minerals” from a war-torn part of Africa, according to sources familiar with the administration's thinking. The plan for the executive order comes on the heels of another order issued by the White House last week that takes aim more broadly at the
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Exclusive: White House eying executive order targeting ‘conflict minerals’ rule – sources
Controversial Dakota pipeline to go ahead after Army approval
February 8, 2017 by admin · Leave a Comment
By Valerie Volcovici and Ernest Scheyder WASHINGTON/HOUSTON (Reuters) – The U.S. Army will grant the final permit for the controversial Dakota Access oil pipeline after an order from President Donald Trump to expedite the project despite opposition from Native American tribes and climate activists. In a court filing on Tuesday, the Army said that it would allow the final section of the line to tunnel under North Dakota's Lake Oahe, part of the Missouri River system. Energy Transfer …
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Controversial Dakota pipeline to go ahead after Army approval