Hilton says Blackstone to cut stake in company by 14 percent

Hilton Worldwide Holdings Inc (HLT.N), the world's largest hotel operator, said Blackstone Group LP (BX.N) would reduce its stake in the company by 14 percent to about 57 percent.


Saudi oil minister to make rare trips to Venezuela, Mexico

Saudi Oil Minister Ali al-Naimi is making his first visits in years to fellow exporters Venezuela and Mexico, although tumbling oil prices are not the stated purpose of the trip, according to officials and sources.

Wireless calls between Verizon and AT&T to be carried on data network by 2015

Verizon Communications and AT&T Inc expect to be able to transmit wireless voice calls between the two carriers over high-speed data networks by 2015, the companies said on Monday.

Thermo Fisher pledges to fix glitch in drug analysis software

Thermo Fisher Scientific has pledged to correct a glitch in software used to analyze data from clinical drug trials within "four to eight weeks", after independent experts highlighted a potential for errors.


Latest News

European broadcasting group RTL Group said on Monday it had taken control of StyleHaul, a YouTube fashion platform, as it beefs up its online presence to keep younger viewers, whom it may lose at its traditional TV channels.
A fully operational Apple computer that company co-founder Steve Jobs sold out of his parents' garage in 1976 for $600 will hit the auction block in December, where it is expected to fetch more than half a million dollars, Christie's said on Monday.
Publicis (PUBP.PA), the world's third-largest advertising holding company, has agreed to buy digital ad specialist Sapient for $3.7 billion in cash as it seeks to accelerate growth after a botched merger earlier this year.
Mick Davis, the former boss of miner Xstrata, has made an offer for Anglo American assets including copper mines in Chile, Brazilian nickel mines and some coal operations, the Sunday Times reported without citing sources.
Daimler AG (DAIGn.DE) has opened a research and development (R&D) center in Beijing tasked with further tuning its Mercedes-Benz brand to wealthy Chinese tastes and closing the sales gap with Audi AG (NSUG.DE) and BMW AG (BMWG.DE).
Virgin Galactic could have a new spacecraft ready to fly by next year, the chief executive of Richard Branson's space tourism company said in an interview published on Sunday, reacting to concerns about the safety of technology used in the Virgin craft that crashed last week
Takata Corp disclosed for the first time that it began making air bags with a recently discovered flaw as early as 2008, in a report to the U.S. National Highway Traffic Safety Administration that the agency released on Saturday.
Sony Corp (6758.T) posted a smaller than expected second-quarter operating loss on Friday, hailed by its finance chief as proof that the Japanese group's restructuring program is paying off.
Spanish oil firm Repsol (REP.MC) is set to accelerate a $10 billion acquisition drive to take advantage of lower U.S. shale valuations in the face of falling oil prices and eventually fill a gap left by the 2012 seizure of its Argentine business.
Diageo PLC (DGE.L) is nearing a deal with Jose Cuervo that would give the British liquor company full ownership of Don Julio tequila in exchange for its Bushmills whiskey label, the Wall Street Journal reported on Saturday, citing people familiar with the matter.