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UK and China regulators discuss framework for financial projects

July 31, 2016 by · Leave a Comment 

British and Chinese securities watchdogs are discussing an agreement that will pave the way for landmark financial services projects between the countries, sources said, easing fears that Britain could be a less attractive partner for such deals after last month's vote to…

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UK and China regulators discuss framework for financial projects

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Delaware judge proposes October trial over removal of Viacom directors

July 31, 2016 by · Leave a Comment 

Judge Andre Bouchard proposed Oct. 17 for the beginning of the trial. In June, 93-year old Redstone, through his National Amusements Inc holding company, removed five of Viacom's directors, including Chief Executive Philippe Dauman, from the company's board. National Amusements owns 80 percent of voting shares of Viacom and CBS Corp .

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Delaware judge proposes October trial over removal of Viacom directors

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Helicopter money talk takes flight as Bank of Japan runs out of runway

July 31, 2016 by · Leave a Comment 

The Bank of Japan's review of its monetary stimulus program promised for September has revived expectations it could adopt some form of “helicopter money”, printing money for government spending to spur inflation. The BOJ disappointed market hopes on Friday that it …

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Helicopter money talk takes flight as Bank of Japan runs out of runway

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Chinese consortium agrees to $4.4 billion deal for Caesars online games

July 31, 2016 by · Leave a Comment 

A Chinese consortium that includes game developer Shanghai Giant Network Technology Co Ltd and e-commerce company Alibaba Group Holding Ltd founder Jack Ma has agreed to acquire Caesars Interactive Entertainment Inc's online games unit for $4.4 billion in cash, the companies said. Caesars Interactive Entertainment is currently owned by Caesars Acquisition Co (CAC) and Caesars Entertainment Corp .

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Chinese consortium agrees to $4.4 billion deal for Caesars online games

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Hershey Trust reaches in-principle reform agreement

July 23, 2016 by · Leave a Comment 

It could also offer the clarity needed for Mondelez International Inc to make a new approach to acquire Hershey. The $12 billion trust, set up by company founder Milton Hershey over a century ago to fund and run a school for underprivileged children, must approve any sale of the company. It rejected a $23 billion cash-and-stock offer for Hershey by Mondelez, the maker of Oreo and Cadbury chocolate, last month.

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Hershey Trust reaches in-principle reform agreement

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Fiat Chrysler recalling 410,000 vehicles

July 23, 2016 by · Leave a Comment 

Fiat Chrysler Automobiles NV said on Friday it is recalling nearly 410,000 vehicles worldwide because of a defect that can lead to a loss of propulsion. The automaker said it will update software and replace wire harnesses to address the electronic issue that appears in a small number of vehicles. The recall includes 2015 model Chrysler 200 midsize sedans, Ram

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Fiat Chrysler recalling 410,000 vehicles

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Verizon emerges as front-runner in Yahoo auction: sources

July 23, 2016 by · Leave a Comment 

Yahoo Inc is focusing on U.S. telecommunications company Verizon Communications Inc as the buyer of its core business after reviewing final bids that it received this week, people familiar with the matter said on Friday. A deal would boost Verizon's AOL internet business, which the company acquired last year for $4.4 billion, by giving it access to Yahoo's advertising technology tools, as well other assets such as search, mail, messenger and real estate. The sale would…

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Verizon emerges as front-runner in Yahoo auction: sources

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Microsoft told potential Yahoo bidders it might back bids: report

March 26, 2016 by · Leave a Comment 

(Reuters) – Microsoft Corp executives are in talks with equity firms considering bids for Yahoo Inc! saying that Microsoft might be willing to offer “significant financing” for their efforts, tech news site Recode reported on Thursday. Microsoft's move is an attempt to ensure a good relationship with Yahoo's buyer, the website reported. Yahoo launched an auction of its core

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Microsoft told potential Yahoo bidders it might back bids: report

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Alibaba names new head of anti-counterfeiting, IP unit

December 21, 2015 by · Leave a Comment 

(Reuters) – Alibaba Group Holding Ltd appointed Matthew Bassiur as head global intellectual property enforcement to oversee the company's anti-counterfeiting and intellectual property rights protection efforts. The appointment comes days after the Chinese e-commerce giant avoided being named on a U.S. blacklist for sites hosting the sale of fake goods. Alibaba's Taobao Marketplace and Alibaba.com were both previously on the piracy blacklist, which highlights markets

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Alibaba names new head of anti-counterfeiting, IP unit

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Alibaba agrees on $266 million acquisition deal with South China Morning Post

December 14, 2015 by · Leave a Comment 

SHANGHAI/HONG KONG (Reuters) – Alibaba Group Holding Ltd has agreed on a $266 million deal to acquire the South China Morning Post and other media assets of SCMP Group Ltd , a deal that has raised a question over the outlook for its editorial independence. In a filing to the Hong Kong

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Alibaba agrees on $266 million acquisition deal with South China Morning Post

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