TOKYO (Reuters) – Japan’s SoftBank Corp (9434.T) plans to merge internet unit Yahoo Japan with messaging app operator Line Corp (3938.T) to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten Inc (47... More »
LONDON (Reuters) – Britain warned the European Union on Monday it needed to change its ‘stubborn’ position on Brexit if a no-deal exit was to be avoided. Foreign Secretary Dominic Raab said he wanted a deal but the EU had to change its position. “We want a goo... More »
(Reuters) – Bank of America Corp is dropping the “Merrill Lynch” name from some of its businesses, phasing out a brand with a long history on Wall Street as part of a multi-year marketing effort, the lender said on Monday. The investment bank and capital marke... More »
FILE PHOTO – Arif Naqvi, Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich NEW YORK/DUBAI (Reuters) – Embattled private equity firm Abraa... More »
The Kodak logo is shown on a booth during the 2017 CES in Las Vegas, Nevada, U.S., January 6, 2017. REUTERS/Steve Marcus SAN FRANCISCO (Reuters) – Shares of Eastman Kodak Co (KODK.N) more than doubled on Tuesday after the one-time leader in photography became ... More »
OSLO (Reuters) – Norway’s Opera Software has changed its name to Otello Corporation, it said in a statement on Monday. The developer of software for advertising, telecoms, games and other online business also plans to change its current OPERA ticker on the Osl... More »
Israel Aerospace Industries (IAI) [ISRAI.UL] said on Wednesday that two of its observation satellites were successfully launched into space. More »
Marissa Mayer, President and CEO of Yahoo, participates in a panel discussion at the 2015 Fortune Global Forum in San Francisco, California, U.S. on November 3, 2015. REUTERS/Elijah Nouvelage Verizon Communications Inc (VZ.N) said on Tuesday it closed its $4.4... More »
DHX Media Ltd is buying the entertainment unit of Iconix Brand Group Inc for $345 million, adding the Peanuts comic strip and cartoon character Strawberry Shortcake to its roster of brands that includes “Bob the Builder” and “Teletubbies”. More »
Visitors stand in front of a logo of YouTube at the YouTube Space Tokyo, operated by Google, in Tokyo February 14, 2013. REUTERS/Shohei Miyano Alphabet Inc’s (GOOGL.O) YouTube will launch a live TV service featuring U.S. broadcast networks and cable channels t... More »
Mercedes introduces the 2017 Smart electric car at the 2016 Los Angeles Auto Show in Los Angeles, California, U.S November 16, 2016. REUTERS/Lucy Nicholson Daimler (DAIGn.DE) will stop selling combustion engine Smart cars in the United States and Canada and fo... More »
A logo of BNP Paribas is seen outside its Tokyo headquarters, Japan, January 7, 2016. REUTERS/Yuya Shino/File Photo BNP Paribas has poached three senior bankers for its equity capital markets (ECM) and cash equities teams, and the French bank added that global... More »
Amazon.com Inc will launch new lines of its private-label brands in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter. The new brands with names like Happy Belly, Wickedly Prime and Mama Bear will include nuts, spices, ... More »
What could be more American than standing in a backyard at a barbecue while holding a beer on the Memorial Day weekend in the United States? Budweiser thinks it has the answer: Holding a beer called America. The brewer said on Tuesday it will rename its eponym... More »
MUMBAI The rapidly-spreading Zika virus has an unlikely victim – Indian carmaker Tata Motors Ltd (TAMO.NS). The carmaker said on Tuesday it had decided to rename its soon-to-be-launched hatchback Zica, short for Zippy Car, after the mosquito-borne virus was de... More »
Gannett Co Inc (GCI.N), the publisher of USA Today, said on Thursday it would bring its local and national publications under the USA Today Network. Gannett was separated from its broadcasting and digital arm, Tegna Inc (TGNA.N), in June and the new brand mark... More »
NEW YORK Fidelity Investments is building an automated portfolio-management service for individual investors, joining a growing group of money and brokers that have bought or designed such “robo-advisers,” a spokesman for the firm said Friday. The platform, ca... More »
Media mogul John Malone, known for striking complex deals and running companies with intricate structures, is restructuring two companies he controls using tracking stocks and spinoffs. Liberty Interactive Corp (QVCA.O), which mainly houses Malone’s e-commerce... More »
Google Inc has morphed into Alphabet Inc. After U.S. markets closed on Friday, Alphabet replaced Google as the publicly traded company that will house Google’s search and Web advertising businesses, maps, YouTube and its “moonshot” ventures such as driverless ... More »
The Walt Disney Co on Tuesday named two executives to newly created positions in its Disney/ABC Television Group to focus on digital media and consumer experience at a time when TV viewing habits are rapidly changing. Cindy Davis, most recently head of global ... More »
