O shareholder Starboard Value LP has urged the online media company to halt the plan to sell its stake in Alibaba Group Holdings Ltd (BABA.N) due to the risk of incurring taxes on the sale, the Wall Street journal reported.
(Reuters) - Volkswagen of America said on Wednesday that 120,000 owners of diesel cars that have violated U.emission standards will receive $500 gift cards and $500 toward vehicle repairs.
In the first payout, customers who invested directly with Madoff will receive about $1.Once the payout, Picard’s sixth, is finished, eligible recipients will have recouped about $9.
BEIJING (Reuters) - Home prices in China rose for first time in over a year in October on an annual basis, signalling a housing market stabilisation that could help re-energise the listless economy.Average new home prices rose 0.
54 percent higher and Home Depot climbed 4.42 percent, pushing the S&P 500 retail index.
N) is looking at ways to expand its sport utility vehicle portfolio as SUVs grow to 40 percent of the U.light vehicle market by 2020 from about a third today, global sales chief Stephen Odell told Reuters.
TOKYO (Reuters) - Japanese Economics Minister Akira Amari said on Monday that the economy was in a moderate recovery trend albeit some weakness and that it would continue to improve gradually even though overseas economies posed downside risks.Amari made the remarks after government’s preliminary data showed the economy shrank an annualized 0.
5 percent, a fraction of the 35 to 40 percent levied in the United States.S.
LONDON (Reuters) - Prices of oil and other commodities will come under renewed pressure on Monday on fears that Friday night’s deadly attacks on Paris will further slow the global economy.At least 129 people were killed on Friday evening in a series of coordinated attacks on Paris with Islamist militants claiming responsibility for the carnage.
S.For months, Treasury has offered no fresh guidance on the inversion issue, leaving tax experts to speculate about what could come next.
GENEVA (Reuters) - China has served notice to World Trade Organization members including the European Union and United States that complaints about its cheap exports will need to meet a higher standard from December 2016, a Beijing envoy said at a WTO meeting.Ever since it joined the WTO in 2001, China has frequently attracted complaints that its exports are being “dumped”, or sold at unfairly cheap prices on foreign markets.
WASHINGTON (Reuters) - The U.Federal Reserve must weigh the effects of post-crisis financial regulations and new channels through which policy affects markets as it prepares to raise interest rates, Fed Chair Janet Yellen said on Thursday.
“You shouldn’t have to deal with two or three financial institutions,” said Eric Heaton, president of Morgan Stanley U.15 times their book value, an accounting measure of their net value, while Morgan Stanley’s trade at about their book value.
N) that will give it the equivalent of more than a 15 percent stake in the automated teller machines maker, a source familiar with the matter said on Wednesday.Duluth, Georgia-based NCR plans to announce details of the deal with Blackstone, the world’s largest private equity firm, by Thursday, the source said, asking not to be identified ahead of any official announcement.
BEIJING (Reuters) - Alibaba Group Holding Ltd’s annual Singles’ Day shopping festival should have 50 percent growth each year, founder and executive chairman Jack Ma said in Beijing on Wednesday.Singles’ Day is the biggest shopping event in the world, larger than the United States’ Black Friday and Cyber Monday combined.
N) expects to maintain is current strategy and investment grade rating following its $12 billion takeover of the U.Hunter said he expects Molson to maintain its investment grade rating, even as its leverage ratio swells to 5.
(Reuters) - Credit data company Experian Plc (EXPN.L) said it had received a number of class actions related to the theft of T-Mobile US Inc (TMUS.
DUBAI (Reuters) - Dubai’s Emirates airlines [EMIRA.UL] on Monday said it signed a $16 billion service contract with GE’s aviation unit for engines powering the airline’s 777x fleet.
TOKYO (Reuters) - Nissan Motor Co (7201.T) said on Saturday it will not use air bag inflators made by Japanese auto parts supplier Takata Corp 7312.
Nonfarm payrolls increased 271,000 last month, the largest rise since December 2014, the Labor Department said on Friday.The mining sector has shed 109,000 jobs since peaking in December 2014.