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Chinese game maker Perfect World gets go-private bid from founder

Chinese online game developer Perfect World Co Ltd (PWRD.O) said it received a go-private proposal from founder and Chairman Michael Yufeng Chi at $20 per ADS, valuing the company at nearly $1 billion.


Banco do Brasil gets central bank approval for Cielo venture

Banco do Brasil SA (BBAS3.SA), the nation's largest bank by assets, said on Friday it received approval from the central bank for a joint venture with card payment processor Cielo SA (CIEL3.SA), but it will not be able to book accounting gains from the deal.

Quindell seeks to dispose of operating division

British technology and outsourcing company Quindell Plc said it had entered into exclusivity arrangements with a third party for possible disposal of an operating division to improve its working capital profile.

Free delivery creates holiday boon for U.S. consumers at high cost

For top U.S. retailers, free delivery is now the norm. That is good news for shoppers, but not so much for investors. During the just-ended holiday season, outlets from Target to Wal-Mart to Amazon


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A federal judge rejected Uber Technologies Inc's bid that it not be required to disclose emails from Chief Executive Travis Kalanick in a California lawsuit accusing the popular ride-booking service of deceiving customers about how it shares tips with drivers.
France's floundering economy pushed car sales 6.8 percent lower year-on-year in December, while Spanish sales jumped by 21.4 percent, helped by a subsidy scheme, and also rose in Italy, according to auto industry associations.
A top Federal Reserve official said on Friday she could see the U.S. central bank raising interest rates in the first half of the year, earlier than some expect, given that the economy is on a "very firm footing."
Shake Shack Inc's filing this week for an initial public offering underscores a question for investors and foodies alike: How hungry are U.S. consumers for another burger chain?
The U.S. factory sector grew at its slowest pace in six months in December, a sign that weakness in the global economy is weighing on the United States.
Hyundai Motor Co (005380.KS) and affiliate Kia Motors Corp (000270.KS) aim to lift global vehicle sales by 2.5 percent in 2015, as capacity constraints and a weak market recovery set up the South Korean pair for their slowest expansion in 12 years.
'Grey's Anatomy' Season 11 spoilers and return emanate one theme-romance! The upcoming 2015 season of Grey's is going to feature relationships that grow and disintegrate.
December 29, 2013 was the day Michael Schumacher's life underwent a major transformation. That day, the F1 formula athlete was seriously injured in a skiing accident. Many fans feared for the condition of their idol at the time.
"Mortal Kombat X" will include a classic character in its roster. Kung Lao, who is the latest to be revealed to join the roster of characters in the latest Mortal Kombat game.
“Winds of Winter” is still being penned by George RR Martin. The author admits that the Game of Thrones Television show is catching up with his novel masterpiece but he is determined not to give in to pressure.