Corporations

U.S. retail sales increase broadly; import prices subdued

U.S. retail sales rose broadly in August, which should ease some concerns about consumer spending and support expectations for sturdy growth in the third quarter.

Read Full Article

Sharp aims to mass-produce new generation of display panels by 2017

Sharp Corp said it would begin mass-producing a new type of next-generation displays with Qualcomm unit Pixtronix from 2017, in the hopes that innovation would pay off in the long term as the firm nurses its finances back to health.

Read Full Article

Univision to provide content for DirecTV online service by year end

Hispanic media giant Univision will be a major supplier of content when satellite operator DirecTV (DTV.O) launches an Internet-delivered service aimed at a Hispanic audience, according to two people with knowledge of the agreement.

Read Full Article

Li Ka-shing sets new course for $200 billion aircraft leasing market

Asia's richest man, Li Ka-shing, aims to buy his way into the global aircraft leasing business as his flagship investment firm holds talks with lessors on building a portfolio of planes, people with direct knowledge of the matter said.

Read Full Article

Asian shares tread cautiously after Obama speech

Asian share market sentiment was cautious on Thursday after U.S. President Barack Obama vowed to fight Islamic State militants, while the dollar pushed to fresh six-year highs against the yen.

Read Full Article

Apple payments service may boost sales of larger iPhones

The addition of a mobile payments service to Apple Inc's next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc's Android platform.

Read Full Article

T-Mobile adds 2.7 million customers in August, breaks company record

T-Mobile US added 2.75 million customers in August, the largest number of monthly subscriber additions in its history, the carrier announced at a company event on Wednesday.

Read Full Article

Alibaba's record IPO covered after first few roadshow meetings: sources

Alibaba Group Holding Ltd (IPO-BABA.N) has received enough orders for its record-breaking initial public offering to cover the entire deal within just two days of its launch, people familiar with the IPO process said on Wednesday.

Read Full Article

NFL's Buffalo Bills to be sold to owners of city's NHL team

The estate of longtime Buffalo Bills owner Ralph Wilson, who died earlier this year, reached an agreement on Tuesday to sell the NFL franchise to Terry and Kim Pegula, who already own the National Hockey League's Buffalo Sabres.

Read Full Article

PDVSA seeks bids for Citgo in potential $10 billion deal - sources

Venezuela's state-run oil company PDVSA [PDVSA.UL] is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp [PDVSAC.UL] by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.

Read Full Article

Wall Street ends lower as Apple falls, bond yields rise

U.S. stocks fell on Tuesday as Apple (AAPL.O) shares declined and as bond yields hit their highest in a month on concerns the Federal Reserve could raise interest rates sooner than some investors had expected.

Read Full Article

European shares capped by Fed hike worries; M&A boosts telecoms

European shares slipped for a third straight session on Tuesday, weighed down by companies which trade dollar-denominated commodities such as oil, as investors shortened the odds on an early hike in U.S. interest rates.

Read Full Article

Rosneft struggles to grow as sanctions hit Russia's oil champion

The Kremlin's prized oil firm Rosneft is cutting staff and production and selling stakes in Siberian fields in the strongest evidence to date that Western sanctions are hurting what was the world's fastest growing oil firm in recent years.

Read Full Article

Siemens to delist from London, Swiss exchanges

German engineering group Siemens will delist its shares from the London and Swiss stock exchanges because of low trading volumes there, it said on Tuesday.

Read Full Article

Two Japanese aluminum buyers agree to pay record premium of $420 in fourth quarter: sources

Two Japanese aluminum buyers have agreed to pay a producer a record premium of $420 per tonne for metal to be shipped in the October-December quarter, two sources directly involved in the quarterly pricing talks said on Friday.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics