Avago to buy Broadcom for $37 billion in biggest-ever chip deal

Avago Technologies Ltd (AVGO.O) agreed on Thursday to buy Broadcom Corp (BRCM.O) for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players.

Europe

Fingerprint Cards shares at record after Google tie-up

Swedish fingerprint sensor firm Fingerprint Cards said it had cooperated with Google on fingerprint recognition in the new Android software platform, as the U.S. software group looks to boost the use of fingerprint sensors on mobile phones.

Dollar, Chinese shares steady as Europe wobbles

The dollar inched higher on Friday, putting it on track for a monthly rise in May, while Chinese shares steadied after a plunge a day earlier that stoked concerns about the financial health of the world's second largest economy.

Greek drama weighs on sentiment; yen off, euro up

The euro rose on Thursday as Greece fought to reach an agreement with its lenders to avoid an imminent default, but mixed signals on the state of the negotiations kept other markets little changed.

U.S. housing data, sturdy jobs market buoy growth outlook

Contracts to buy previously owned U.S. homes rose for a fourth straight month in April to a nine-year high, buoying the outlook for the housing market and the overall economy.

Wall St. inches down on Greece, China worries

U.S. stocks eased on Thursday as mixed messages about Greece's debt talks kept investor uncertainty high along with a sharp drop in Chinese shares after brokers tightened margin rules.

Bayer CEO says cannot comment on Monsanto-Syngenta

The chief executive of German drugs and chemicals group Bayer (BAYGn.DE), Marijn Dekkers, said on Wednesday he could not comment on the possible takeover of Syngenta (SYNN.VX) by Monsanto (MON.N).

China markets plunge in record turnover as margin traders take fright

China's stock markets plunged on Thursday, with indexes dropping over 6 percent in record high turnover as investors rushed to sell after more brokers tightened margin trading requirements for clients and the central bank drained money market liquidity.

Oil rises as dollar dips, eyes on U.S. stocks data

Oil prices recovered on Thursday after a two-day slide as the dollar weakened, making fuel less expensive for holders of other currencies.

China May official factory PMI seen lackluster despite stimulus moves

China's factories struggled to expand in May despite recent interest rate cuts and other policy stimulus, a Reuters poll showed, suggesting the government may have to do more to halt a protracted slowdown in the economy.

Dollar momentum wanes, China stocks take heavy tumble

The dollar took a breather on Thursday after hitting its highest level against the yen since 2002, and stocks stuttered as high-flying Chinese shares tumbled and European officials downplayed talk of an imminent deal to keep Greece afloat.

FCC looks to crack down on robocalls, robotexts

The top U.S. telecommunications regulator wants to make it harder for telemarketers and other businesses to place unwanted robocalls and text messages under changes to autodialing rules proposed on Wednesday.

Oil down about 3 percent again on dollar, awaits supply data

Oil prices fell by up to 3 percent for a second straight day on Wednesday as a resurgent dollar weighed on the market amid concerns that U.S. crude supplies may have started rising again after three weeks of draws.

Tech, healthcare lead Wall St. higher; Nasdaq hits record

U.S. stocks ended sharply higher on Wednesday and the Nasdaq logged a record high close, led by a rebound in technology and healthcare stocks and optimism that Greece would avoid defaulting on its debt.

In new trend, European fund firms become banks in all but name

Australian Symon Drake-Brockman is on the front line of a revolution in European finance. The former head of global debt markets at Royal Bank of Scotland (RBS.L) now runs Pemberton Asset Management in London's genteel Belgravia, several miles from the "Square Mile" City of London financial district where bankers work.

Citi keeps top spot in FX trading as European banks slump: poll

European banks Deutsche Bank, Barclays and UBS have seen their market share in foreign exchange trading slump in the past year, as U.S. banks led by Citigroup (C.N) grabbed business, according to widely watched industry rankings.

Bernanke sees no risk of hard landing in China, bullish on U.S. economy

Former Federal Reserve Chairman Ben Bernanke said that China's economic slowdown should not worry markets as there was no risk of a hard landing, and emphasized that a move to raise U.S. rates should be viewed as a positive sign for the world's largest economy.

Dollar retreats after its best day in two years

A string of reversals from sharp moves the previous day marked global financial market trading on Wednesday, with stocks and oil gaining ground and the U.S. dollar falling after its biggest rally in two years.

Mortal Kombat X Klassic Pack 1 OUT Early June Confirmed by Ed Boon; Scorpion Special Skin Unlockable In Kold War Pack, Brazil Costume Pack Coming

Game Director Ed Boon has confirmed that Mortal Kombat X unlocks the Edenian Warrior, Tanya, as early as first week of June.The game has been receiving a steady stream of updates since its release including the Kold War pack which is Russian-esque Cold War-era inspired skins for Scorpion, Sonya, Kano and Sub-Zero.

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