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India’s Mallya says willing to reach ‘reasonable’ debt settlement: FT

April 29, 2016 by · Leave a Comment 

Mallya, 60, flew first class from Delhi to London on March 2 at a time when the Indian government and mainly state-controlled banks are trying to recover $1.4 billion owed by his collapsed Kingfisher Airlines

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India’s Mallya says willing to reach ‘reasonable’ debt settlement: FT

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U.S., EU officials say they will not settle for limited trade deal

April 29, 2016 by · Leave a Comment 

By David Lawder NEW YORK (Reuters) – U.S. and European Union trade officials said on Thursday they would not settle for a limited trans-Atlantic free trade deal that ignores deep divisions on agricultural products, services, public procurement and dispute resolution. In separate briefings during the latest negotiating round in New York, the U.S. and EU officials said they would …

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U.S., EU officials say they will not settle for limited trade deal

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Exclusive: CBS weighs share options for post-Redstone era – sources

April 29, 2016 by · Leave a Comment 

CBS Corp's executives are talking to investment bankers about how their CEO and executive chairman, Les Moonves, can gain more control over the broadcaster after Sumner Redstone dies, or if he is declared mentally incompetent, said two sources familiar with the situation. The New York-based company met with investment banks in recent months to discuss how it could buy CBS's voting shares from Redstone's National Amusements Inc, and collapse CBS's dual-class share structure, the sources told Reuters. CBS and Viacom Inc both …

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Exclusive: CBS weighs share options for post-Redstone era – sources

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Carl Icahn says he sold entire Apple stake on China woes: CNBC

April 29, 2016 by · Leave a Comment 

Billionaire activist investor Carl Icahn said Thursday he had sold his entire stake in Apple Inc , citing the risk of China's influence on the stock. Icahn, in an interview with cable television network…

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Carl Icahn says he sold entire Apple stake on China woes: CNBC

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Amazon profit crushes estimates as cloud-service revenue soars

April 29, 2016 by · Leave a Comment 

Amazon.com Inc on Thursday reported profit and revenue that blew past analysts' expectations, sending its shares soaring in after-hours trading and demonstrating the growing market power of its core retail business and new cloud services division. The results draw a sharp contrast to the disappointing fourth quarter Amazon reported in January, which renewed worries among some shareholders about the company's comparatively thin profit margins. Amazon's performance also assuaged concerns about a broader slowdown…

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Amazon profit crushes estimates as cloud-service revenue soars