Reuters

U.S. probes Nike payments under Brazil soccer deal: WSJ

U.S. authorities are examining payments made by Nike Inc under a 1996 soccer sponsorship deal with Brazil for possible evidence of wrongdoing by the company or others, the Wall Street Journal reported on Friday, citing people familiar with the matter.

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Cairn India, Vedanta boards to meet on Sunday amid merger speculation

The boards of oil company Cairn India and its parent Vedanta Ltd will meet on Sunday, Cairn said, to discuss what could be a potential merger of the company with its parent, the operating unit of London-listed mining and energy group Vedanta Resources Plc.

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Texas chicken-wing chain Wingstop takes flight in debut

Shares of Wingstop Inc (WING.O), a Dallas-based chicken wing restaurant chain, rose nearly 70 percent in their market debut on Friday, valuing the company at $914 million.

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India’s central bank nearing policy crossroads

The Reserve Bank of India is facing a fork in the road for the first time since Governor Raghuram Rajan took office amid much fanfare and started targeting inflation as the central bank’s primary mandate.

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Google launches a YouTube built for gamers

Google Inc (GOOGL.O) said on Friday that it is launching a live streaming gaming service called "YouTube Gaming", creating a rival to Amazon.com Inc's (AMZN.O) Twitch service.

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Murdoch brothers' symbiotic ties to be tested in Fox cockpit

One has been closely involved with the family business from his early 20s and is driven to succeed. The other had to be lured back from a decade's hiatus from the company and has operated at the edges of the empire.

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Wall Street falls as Greece crisis unresolved; energy shares dip

U.S. stocks fell on Friday as Greek debt talks hit a stalemate and as concern over how soon the Federal Reserve might raise interest rates kept investors cautious.

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Bullish Uber plans to invest $1 billion in China in 2015

Ride-hailing service Uber Technologies Inc plans to invest more than $1 billion in China this year as the controversial ride-hailing app looks to rev up growth in the world's second largest economy, an executive at the firm said on Friday.

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BlackBerry may put Android system on new device: sources

BlackBerry (BB.TO) is considering equipping an upcoming smartphone with Google Inc.'s (GOOGL.O) Android software for the first time, an acknowledgement that its revamped line of devices has failed to win mass appeal, according to four sources familiar with the matter.

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Wall St. set to open lower as Greek talks falter

Wall Street was set to open lower as optimism regarding a resolution of the Greek debt crisis faded with the International Monetary Fund pulling out of bailout talks.

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Virgin Atlantic could expand fleet in deal to replaces 747s

Virgin Atlantic [VA.UL] plans to decide within six months on how to replace seven Boeing 747s it flies from London’s Gatwick airport, and could expand its overall fleet in the process, the British airline’s chief executive said Thursday.

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Oil slips, rally cut short by dollar and Greek worry

Crude oil prices fell on Thursday as players took profits from the past two days of gains, turning bearish after the dollar's rise against the euro on Greek debt worries weighed on demand for commodities.

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Peugeot rises on report it could be target for Fiat

Shares in French carmaker Peugeot (PEUP.PA) rose on Thursday, with traders citing a Bloomberg News report that Peugeot could be a target for Fiat (FCHA.MI) as Fiat's hopes for a deal with General Motors (GM.N) fade.

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Wall Street climbs after retail sales data; healthcare up

U.S. stocks climbed on Thursday as retail sales data lifted the outlook for consumer spending and as healthcare shares gained.

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Twitter's Dick Costolo to step down as CEO in yet another shake-up

Twitter Inc (TWTR.N) Chief Executive Officer Dick Costolo abruptly announced he was stepping down on Thursday amid increasing scrutiny of the company's slow user growth and inability to attract advertisers at the same rate as its competitors.

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