Sectors
Moody's: EMEA high-yield market remains set for another record year, as private equity IPOs continue
With high-yield bond issuance of USD13.8 billion in May, and cumulative issuance reaching USD70 billion, 2014 looks well placed to set another issuance record according to Moody's
Taxi protests against Silicon Valley ride-app Uber threaten European gridlock
Commuters faced a day of traffic chaos in London, Berlin, Paris and Madrid on Wednesday as taxi drivers mounted one of the biggest protests against Uber, a U.S. car service which allows people to summon rides at the touch of a button.
Alibaba to launch U.S e-commerce website on Wednesday: reports
Chinese e-commerce company Alibaba Group Holding Ltd is launching its first U.S. direct-to-consumer online shop on Wednesday, the Financial Times and other media reported.
Powerade settles score with Gatorade over LeBron James cramps
Powerade on Monday gets even with Gatorade over the latter's taunting of LeBron James in Game 1 of the NBA Finals. Miami Heat's superstar and Powerade endorser James suffered from severe leg cramps twice during the game. The Heat lost over San Antonio Spurs 110-95.