VENTURE CAPITAL POST

Investment adviser Mitch Tuchman scored a deal any traveler would be proud of: $280 a night for a recent stay at the luxurious Viceroy Hotel in Manhattan, where the going rate can exceed more than $500 on a weeknight.

China will increase support for cross-border e-commerce as the world's second-largest economy shifts from manufacturing to higher-value services, the government said.

Prices of many foodstuffs are surging in India, despite a good start to monsoon rains - an unexpected boon for wholesalers, but a major headache for the central bank and a government hoping for its help to reboot the economy.

U.S. health insurer Anthem Inc (ANTM.N) said on Saturday it had offered $47 billion in cash and stock for smaller rival Cigna Corp (CI.N), signaling a pick-up in the industry's long-awaited consolidation.

Russian businessman Oleg Deripaska's GAZ Group is in talks with at least six foreign car producers to let them use its idle capacity after General Motors Co pulled out of the market, GAZ Chairman Siegfried Wolf said.

EU governments extended for a year a ban on trade and investment with Crimea on Friday, meaning European help for Russian Black Sea oil and gas exploration and visits by European cruise ships will remain outlawed.

India is planning to issue sovereign bonds linked to the bullion price in an effort to divert some of the estimated 300 tonnes of annual demand for gold bars and coins, and reduce bullion imports that can push up the trade deficit.

When fears of a Greek default are mounting, stock markets are jittery at multi-year highs, and the world's biggest economy is preparing to hike interest rates, the idea of taking refuge in bank stocks might appear to be a hard sell.

Billionaire investor Carl Icahn said thanks but no thanks when real estate mogul turned Republican presidential candidate Donald Trump floated his name for U.S. Treasury secretary.

Twitter Inc (TWTR.N) will start curating tweets on live events, the microblogging service said, as it plans major changes to make its real-time news feed more user friendly.

With an Atlantic tailwind from May auctions in New York in which the two biggest auction houses sold more than $2 billion of art, eyes are focused on major sales beginning next week in London that may see prices soar again to dizzying heights.

German drugs and chemicals group Bayer plans to invest 4 billion euros ($4.54 billion) in research and development this year, its chief executive told Germany's Bild newspaper.

Bank of Japan Governor Haruhiko Kuroda said the yen's current weakness was not inflicting severe pain on the economy, toning down an earlier warning to markets against pushing the currency too far down.

Asian shares rose for a third consecutive day on Friday even as China stocks tumbled into correction territory, while the Federal Reserve's cautious stance towards lifting interest rates kept the dollar on the back foot.

Airbus (AIR.PA) won the Paris Airshow with a last-minute $14 billion deal to sell 110 jets to Hungary's Wizz Air on Thursday, diverting attention from a growing industry debate over how quickly a record backlog of jet orders can be built.