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Australia's Treasury Wine rejects $3 billion takeover bids, shares dive

Australia's Treasury Wine Estates Ltd (TWE.AX), one of the world's biggest wine companies, rejected takeover offers from private equity firms saying bids that valued it at $3 billion were insufficient and required it take on too much debt.


Six years after AIG bailout, trial asks: was it legal?

One of the more unusual trials to come out of the 2008 financial crisis is set to begin on Monday, when a federal judge will consider whether the U.S. government's rescue of American International Group Inc (AIG.N) was, in fact, legal.

UBS launches share-for-share exchange for new holding company

UBS said on Monday it was launching a share-for-share exchange to set up a new holding company, UBS Group AG, part of a restructuring drive to ensure it can be broken up more easily in a crisis.

How to Enable Developer Mode on a Chromebook

Several tutorials tell users how to check out upcoming Chrome OS features by enabling beta and developer modes on the OS itself, but for some users, this isn't enough.


Latest News

Alibaba Group Holding Ltd's finance arm has been given government approval to set up a private bank, China's banking regulator said on Monday, the latest step in the e-commerce company's push into the financial services sector.
Japanese drugmaker Daiichi Sankyo Co Ltd (4568.T) has agreed to acquire U.S. biopharmaceutical company Ambit Biosciences Corp (AMBI.O) in a deal valued up to $410 million as it looks to build its presence in oncology, the companies said.
Alibaba Group Holding Ltd, in its first big investment since raising $25 billion in a record-breaking New York initial public offering, has bought 15 percent of Chinese hospitality technology provider Beijing Shiji Information Technology Co Ltd for 2.81 billion yuan ($458.66 million).
Male hip-hop artists dominate the latest Forbes’ list of the world’s highest-paid hip-hop acts, naming it “Cash Kings of 2014.” From last year, huge changes in the ranking has occurred in the latest list, topping it by a $620 million-worth rapper and entrepreneur.
Application updates are meant to fix bugs and make apps run smoother on Android, but some updates cause more problems to users. This requires downgrading programs to avoid problems.
The European Commission will accuse Apple Inc (AAPL.O) of benefiting from illicit state aid in Ireland, based on preliminary findings of an investigation into tax deals, the Financial Times reported citing people familiar with the matter.
Bill Gross's exit from the investment firm Pimco had an immediate impact on the company, with investors withdrawing about $10 billion following the announcement, the Wall Street Journal reported, citing a person familiar with the matter.
The best restaurants in the United States exemplify the fashion of food and master the greatest recipe of being a standout within the broad restaurant industry of America. From what, who and where, this list shows the secret ingredient of these finest restaurants to called as one of the best.
Instagram, the popular photo-sharing service owned by Facebook Inc (FB.O), has been blocked in China, according to numerous reports, including from Hong Kong-based reporters with the New York Times.
iPad keyboard case manufacturer, ClamCase has released the ClamCase Pro for iPad Air, which turns the device into a MacBook clone.