China's Xiaomi [XTC.UL] is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said.
Archives
Arab OPEC sources see oil back above $70 by end-2015
Arab OPEC producers expect global oil prices to rebound to between $70 and $80 a barrel by the end of next year as a global economic recovery revives demand, OPEC delegates said this week in the first indication of where the group expects oil markets to stabilize in the medium term.
U.S. airlines confront cheap oil's flip side: costly hedges
Some major U.S. airlines including Delta and Southwest are rushing to finance losing bets on oil and revamp fuel hedges as tumbling crude prices leave them with billions of dollars in losses, according to people familiar with the hedging schemes.
P&G to sell soap brands Camay and Zest to Unilever
Procter & Gamble Co said it would sell its soap brands Camay and Zest to Unilever Plc for an undisclosed amount to focus on its faster-growing brands.
Australian cinema chain Hoyts sold to Chinese investor Sun Xishuang
Australia's Hoyts Group said on Tuesday it has been sold by its private equity owner Pacific Equity Partners (PEP) to an investment vehicle set up by Chinese entrepreneur Sun Xishuang.
Latest News
Apple Inc has pushed out its first-ever automated security update to Macintosh computers to help defend against newly identified bugs that security researchers have warned could enable hackers to gain remote control of machines.
North Korea, at the center of a confrontation with the United States over the hacking of Sony Pictures, experienced a complete Internet outage for hours before links were restored on Tuesday, a U.S. company that monitors Internet infrastructure said.
U.S. stocks rose for a fourth straight session on Monday, with both the Dow and S&P 500 ending at records as large-cap technology shares gained and offset continued weakness in energy names.
The video was published by YouTube fan Alex Luthor, which featured superheroes battling against their counterparts, like the Hulk against Wonder Woman, Hawkeye versus Green Arrow, and Batman versus Iron Man, for example.
Is Harry Styles dating Nadine Leopold? The two were spotted out an about in New York ahead of One Direction's appearance on "Saturday Night Live."
A new actor will replace Michael Pitt as Mason Verger in Season 3 of "Hannibal." Meanwhile, series creator Bryan Fuller reveals some spoilers about the new season.
Maksim Chmerkovskiy opened up about rumors on his relationship with "Dancing With The Stars" partner Meryl Davis, and his current relationship with exes Peta Murgatroyd and Karina Smirnoff.
"Real Housewives of Atlanta" Season 7 Recap features the highlights of Apollo Nida and Phaedra Parks' relationship as they step on becoming "frenemies". What did Demetria McKinney reveals about her relationship with Roger Bobb?
Selena Gomez and Justin Bieber seems to be keeping their lives on separate ways. According to the reports, the female performer shall be celebrating holidays with her family. Is this a sign of moving on?
