Verizon's Redbox Instant video streaming service to shut down

Redbox Instant, a streaming video service operated by Verizon Communications Inc (VZ.N) and Outerwall Inc's (OUTR.O) Redbox, will shut down next week because the venture has not been as successful as hoped, the two companies announced Saturday.


Greece sees 2015 budget surplus close to bailout target: report

Greece will aim to achieve a primary budget surplus of 2.9 percent of output next year, just shy of the 3 percent target set out under its bailout deal, its deputy finance minister said in an interview published Saturday.

Japan PM still 'neutral' on tax hike but recovery weak: economy minister

Japanese Prime Minister Shinzo Abe remains "completely neutral" on whether to raise the national sales tax, Economy Minister Akira Amari said on Sunday even as he expressed concern about the strength of the country's economic recovery.

Searching for new supercar, Bugatti shielded from VW cost curbs

Volkswagen (VOWG_p.DE) keeps lavishing money on supercar maker Bugatti, its most exclusive brand, even as the German group plans painful cuts in its core auto business.


Latest News

Japan's August core machinery orders due next week are expected to rise modestly for a third straight month, a Reuters poll found - doing little to ease fears that the government's growth-promotion policies aren't working fast enough.
Boeing Co (BA.N) on Thursday announced plans to raise output of 737 jetliners beyond its already blistering production pace, saying global demand for new aircraft justifies it.
Facebook (FB.O), the world's most popular social network, gained European Union clearance on Friday for its proposed $19 billion takeover of mobile messaging startup WhatsApp in a deal setting it against the telecoms industry.
Software giant Google Inc plans to launch a mobile messaging app it is likely to test in India and other emerging markets, the Economic Times newspaper reported on Friday, citing sources.
Japan's Tokio Marine Holdings Inc sees many attractive acquisition opportunities in North America, its chief executive said, even after spending more than $7 billion to buy insurance companies there in the last six years.
Cash-strapped electronics retailer RadioShack Corp has reached an agreement with a consortium led by its largest shareholder Standard General LP to refinance about $590 million of loans to re-stock ahead of the holiday season, Bloomberg reported, citing a person familiar with the matter.
Warren Buffett's Berkshire Hathaway Inc said on Thursday it would buy the Van Tuyl Group auto dealership, in what the billionaire hinted could be the first of many such purchases as his company extends its longtime bullish view on the U.S. economy.
EU antitrust regulators will open an extensive probe into Zimmer's (ZMH.N) $13.4 billion bid for Biomet, concerned that the creation of the world's second-largest orthopedic products group may hurt competition, three people familiar with the matter said on Thursday.
General Motors Co (GM.N) on Thursday said it is recalling 117,651 newer vehicles in North America because a possible manufacturing defect could cause an electrical short and increase the risk of a crash.
Struggling Sears Holdings Corp (SHLD.O) said it would raise up to $380 million by selling most of its stake in Sears Canada Inc (SCC.TO) through a rights issue, generating much-needed cash ahead of the crucial holiday shopping season.