IPO candidate King reveals 500 million Candy Crush downloads

IPO candidate British game maker King revealed its Candy Crush Saga title has been downloaded over half a billion times and played over 150 billion times to date.

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Turquoise Hill prepares USD2.4 billion rights offer for Mongolia mine

Vancouver-based Turquoise Hill Resources Ltd said it would go ahead with a USD2.4 billion rights offer for Mongolian copper mine Oyu Tolgoi after the company failed to secure long-term funding for the expansion of the mine.

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Novartis sells diagnostics unit to Grifols for USD1.68 billion

Basel-based Novartis AG sold its California blood unit to Spain's Grifol's SA for USD1.68 billion.

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ETISALAT agrees to acquire Vivendi's Maroc Stake for USD5.7 billion

UAE's Emirates Telecommunications Corp. (ETISALAT) would be the new owner of a portion of Vivendi SA's stake in Maroc Telecom SA.

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Google's USD607 million investment to triple size of Hamina data facility

Google announced that it will invest USD607 million to upgrade its seawater-cooled facility in Finland and convert it into a bigger data center.

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Bloomberg: China Resoures looking to sell Hong Kong meat unit

China Resources, a state backed conglomerate, had been studying its options including a possible sale for its Hong Kong meat distribution unit, said a report from Bloomberg News.

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Bloomberg: Blackstone Group to buy Dutch developer Multi Corp

According to a Bloomberg report, Blackstone Group LP's real estate unit would take over Netherlands-based Multi Corp.

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Bloomberg appoints ombudsman after client complaints

Bloomberg LP said that it would appoint an ombudsman that would create a task force how news was derived from sources by each company journalist.

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Billionire Elon Musk receives US$4.3 million of share options for his work on Model X

Billionaire Elon Musk would receive US$4.3 million in share-based pay for his recent work on Tesla's Model X sport-utility vehicle.

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Billionaire Elon Musk's fortune rockets by US$570 million as Tesla tops estimates

Tesla Motor Inc. rallied 14% after posting its second quarter earnings report which helped the fortune of Elon Musk to rocket by US$570 million yesterday.

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Sony's PlayStation game enterprise hedge backfires as dollar costs upsurge

Sony Corp.'s hedge for its PlayStation game enterprise has backfired as dollar costs rise.

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BMC raises US$1.63 billion of bonds

BMC Software Inc raised US$1.63 billion of dollar denominated debt after boosting the offering by 18%.

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Financial Times Not For Sale

Pearson denies plans to sell Financial Times.

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