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Kellogg and Abraaj up bids in battle for Egypt's Bisco Misr

Kellogg Co K.N., the world's largest breakfast cereal maker, once again raised its bid for Egyptian snackmaker Bisco Misr (BISM.CA) on Wednesday, topping a rival offer from the UAE's Abraaj in an intensifying $144 million takeover battle.


U.S. Postal Service eyes e-commerce to offset declining mail

Facing a slump in the mail it had been delivering since the days of America's Revolutionary War, in 2012 the U.S. Postal Service began aggressively targeting e-commerce and lapsed customers as the way to salvage its declining business.

SMBC to buy Citi Japan retail business in October

Sumitomo Mitsui Banking Corp (SMBC) will buy Citigroup Inc's (C.N) Japanese retail banking operations in October for about 40 billion yen ($330 million), people with knowledge of the matter said on Wednesday.

American Airlines says 'strong' profit to allow bigger wage hikes

American Airlines Group Inc said Tuesday that it plans to pay flight attendants an additional four percentage points on top of raises already averaging 10 percent, thanks to profits that have strengthened as oil prices have collapsed.


Latest News

China's Alibaba Group Holding Ltd, the world's largest e-commerce company, spent over 1 billion yuan ($160.7 million) combating fake goods and for improving customer protection from the beginning of 2013 to the end of November, the firm said Tuesday.
Sony Pictures will allow "The Interview" to play in more than 200 U.S. theaters as of Christmas Day, reversing its decision to pull the film, after coming under criticism from President Barack Obama and others for caving into pressure from North Korea.
Tony Tost, writer for "Longmire," has joked on Twitter about including "poopburgers" in the upcoming fourth season.
EA's Origin service is offering "Dragon Age: Inquisition" for a significant discount.
A new fashion campaign for Balmain features Kim Kardashian and Kanye West. But is the demand of their work splitting the couple apart?
A new video of Amber Rose and Chris Brown grinding at a nightclub has prompted a response from the rapper's on-and-off girlfriend, Karrueche Tran.
There's a Twitter war going on between former lovers Nicki Minaj and Safaree SB Samuels. Meanwhile, is the "Pink Friday" rapper dating Meek Mill?
Justin Lin is reportedly tapped to direct "Star Trek" 3, as previous director Robert Orci responds to rumors about William Shatner appearing in the upcoming film.
Creators Bryan Konietzko and Dante DiMartino shared their thoughts on their Tumblr posts about that spiritual moment Korra and Asami had in the Season 4 finale.
China's Alibaba Group Holding Ltd, the world's largest e-commerce company, spent over 1 billion yuan ($160.7 million) combating fake goods and for improving customer protection from the beginning of 2013 to the end of November, the firm said Tuesday.