China proposes broadening use of Yuan for trade with Russia: report

China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a falling rouble to ensure safe and reliable trade, Hong Kong broadcaster Phoenix TV reported on Saturday.


Staples says security breach may have affected 1.16 million cards

Office-supply retailer Staples Inc (SPLS.O) said about 1.16 million payment cards might have been affected by the data breach announced in October.

Flipkart raises $700 million in fresh funding

Flipkart, India's largest online retailer, on Saturday said it had raised funding worth $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country.

Spain's Ferrovial to raise offer for Australia's Transfield

Spanish infrastructure group Ferrovial plans to raise its full takeover offer for Australia's Transfield Services Ltd, daily financial newspaper Expansion reported on Saturday, citing unnamed sources.


Latest News

Satellite TV provider DISH Network Corp and Comcast Corp's SportsNet have reached a deal allowing the cable giant's regional sports networks to remain on-air for DISH subscribers, the two companies said on Saturday.
Alstom (ALSO.PA) shareholders on Friday backed with 99.2 percent of votes the French engineering group's plan to sell most of its power equipment business to General Electric (GE.N) and refocus on its smaller rail arm.
Family Dollar Inc (FDO.N) will delay a shareholder vote on the potential acquisition by Dollar Tree Inc (DLTR.O), CNBC said, citing sources. Family Dollar will start the shareholder meeting and then adjourn it, CNBC said.
A merger between oilfield services provider C&J Energy Services Inc (CJES.N) with a unit of Nabors Industries Ltd. (NBR.N) can proceed, Delaware's supreme court ruled on Friday.
Fitness tracking wristband maker Fitbit Inc is in talks with banks for its initial public offering in the United States, Bloomberg reported, citing people familiar with the matter.
U.S. weapons maker Raytheon Co (RTN.N) has won a contract valued at $2.4 billion to supply 10 Patriot missile defense systems to Qatar, which is beefing up its defenses to counter a growing perceived threat from Iran.
Canadian performance company Cirque du Soleil has hired investment bank Goldman Sachs Group Inc (GS.N) to help in its previously disclosed effort to find a strategic partner, a spokeswoman for the company said on Friday.
A federal judge on Friday rejected Hewlett-Packard Co's (HPQ.N) proposed settlement of shareholder litigation involving the information technology company's botched acquisition of Autonomy Plc.
Of every $10 spent on healthcare in the U.S., almost 90 cents is due to smoking, a new analysis says. Using recent health and medical spending surveys, researchers calculated that 8.7 percent of all healthcare spending, or $170 billion a year, is for illness caused by tobacco smoke, and public programs like Medicare and Medicaid paid for most of these costs.
AstraZeneca Plc's ovarian cancer drug has been granted an accelerated approval by the U.S. health regulator, a day after the treatment was approved by the European Commission.