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Canada's RBC withdrew from Alibaba IPO after employee's inadvertent comment

Royal Bank of Canada (RY.TO) said on Tuesday it pulled out of and forfeited fees in the Alibaba (BABA.N) initial public offering, after an employee commented on the deal during the quiet period before the world's largest IPO.


U.S. sues AT&T over alleged 'data throttling' on phone plans

The U.S. government sued AT&T Inc (T.N) on Tuesday, alleging the No. 2 U.S. wireless carrier sold consumers unlimited data plans but would reduce their Internet speeds once they exceeded a certain amount of data.

Japan's Rakuten Inc launches cheap smartphone service

Japanese e-commerce giant Rakuten Inc said it will offer a cut-rate smartphone service for about a third of the monthly fees charged by the country's three dominant operators, adding to increasing price competition in the sector.

Pfizer beats sales and profit forecasts, mum on future deals

Pfizer Inc (PFE.N) reported stronger-than-expected quarterly results, helped by growing sales of its cancer drugs and demand for its medicines in emerging markets, but did not signal any acquisition plans following its recent failed efforts to buy rival British drugmaker AstraZeneca Plc (AZN.L).


Latest News

'The Bold and the Beautiful' spoilers: Caroline and Ridge's affair revealed, but is Ridge only stringing Caroline along? Would Maya succeed in getting Rick with his marriage falling apart?
B.A.P's record label TS Entertainment releases an official announcement regarding the group's temporary hiatus and cancellation of their concert tour in South America.
Apps have taken on a new importance these days with more and more people relying on their capabilities. Recently, a new app made headlines which lets people spy on their WhatsApp contacts.
Asian shares advanced to one-month highs on Wednesday, helped by Wall Street which gained on optimism over corporate earnings and prospects the U.S. Federal Reserve will reaffirm its willingness to wait longer before raising interest rates.
Washington's city council approved a bill on Tuesday regulating app-based ridesharing companies such as Uber and Lyft in the U.S. capital, a council spokesman said.
Vietnam-based telecoms operator Viettel plans to invest $1 billion in a new third-generation (3G) mobile phone network in Tanzania, the office of the east African country's president said on Tuesday.
New rumors claim that the 'Jurassic World' trailer- which was initially rumored for a November release- may not be seen until December.
Russia's largest steel pipe maker TMK (TRMK.MM) is considering an initial public offering for its U.S. unit to help offset an expected 1-2 percentage point rise in rouble borrowing costs over the next few years as Western sanctions bite.
Actor Jo In Sung took received the 'Style Icon of the Year’ in the recently concluded '2014 Style Icon Awards.’ The ceremony was graced with a number of personalities including actors, solo artists, and idol groups.
While the start of voting for 2014 Mnet Asian Music Awards made K-pop fans excited, f(x) fans were disappointed after te group was not included in the nominations in any of the award categories.