NEWSARENAMW.COM: Latest News of The Day 17:26, 06/12/2019

UPDATE 2-Brazil unit of France's Casino to sell stake in appliance retailer for at least $578 mln

French retailing group Casino's Brazilian unit will sell its controlling stake in a Brazilian appliance retailer for at least 2.23 billion reais ($578 million),...

UPDATE 2-Brazil unit of France's Casino to sell stake in appliance retailer for at least $578 mln

Source: reuters.com

UPDATE 2-Casino says Rallye has not lost control over the French retailer French retailer Casino said on Friday that the filing of its parent company for protection from creditors had no impact on the execution of its strategy and said the majority shareholder remained in control....
09:39, 05/24/2019

UPDATE 2-Wynn Resorts in talks to sell $2.6-bln Massachusetts casino to MGM Wynn Resorts Ltd is in talks to sell its nearly finished $2.6 billion casino outside of Boston to rival MGM Resorts International, the two companies said on Friday....
00:26, 05/18/2019

UPDATE 1-Brazil's Petrobras says CEF to sell $1.86 bln stake -filing Brazil's state-run oil company Petroleo Brasileiro SA said Caixa Econômica Federal will sell a stake worth 7.2 billion reais ($1.86 billion) in the company based on the shares' June 7 closing price, according to a securities filing on Monday....
14:52, 06/10/2019

UPDATE 1-WPP in exclusive talks to sell Kantar stake to Bain Capital WPP is in exclusive talks to sell a majority stake in its data analytics unit Kantar to private equity firm Bain Capital, the world's biggest advertising company said on Monday....
20:13, 07/01/2019

UPDATE 1-Nestle in talks with EQT Partners to sell skin health unit - source Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to a source familiar with the matter....
21:52, 05/15/2019

UPDATE 1-Eurobank to sell sour mortgage loan notes to Pimco unit Greece's third-largest lender Eurobank agreed to sell mezzanine and junior notes of a 2.0 billion euro securitised pool of non-performing mortgage loans to a unit of U.S. funds group Pimco as part of efforts to clean up its balance sheet....
10:52, 06/27/2019

Retailer Casino's Franprix and Cdiscount arms join up on Paris express delivery Casino's supermarket chain Franprix and its 'Cdiscount' E-commerce unit unveiled plans to pool their respective expertise in city center convenience stores and E-commerce to attract more clients and boost sales....
15:26, 05/22/2019

Dollarama to buy 50.1% stake in Latin American value retailer Dollarcity Dollarama Inc said on Tuesday it would acquire a 50.1% stake in Latin American value retailer Dollarcity, as the Canadian discount store operator looks to expand in the region....
15:00, 07/02/2019

Nordstrom Family Prepares New Proposal to Increase Stake in Retailer The family behind Nordstrom is seeking to strengthen its grip on the department-store chain following a decline in its shares that has stoked tension on the board....
01:26, 08/01/2019

Nordstrom family reportedly prepares proposal to increase stake in retailer The Nordstrom family last year aborted talks to take the retailer private after an initial offer of $50 a share was rejected as too low. Shares of the retailer have in recent weeks dipped nearly $20 below that offer....
23:52, 07/31/2019

Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM Wynn Resorts Ltd is in talks to sell its nearly finished $2.6 billion casino outside of Boston to rival MGM Resorts International, the two companies said on Friday....
02:26, 05/18/2019

Wynn Resorts in talks to sell $2.6-billion Encore casino to MGM Wynn Resorts Ltd is in talks to sell its nearly finished $2.6 billion casino outside of Boston to rival MGM Resorts International, the two companies said on Friday....
22:39, 05/17/2019

U.S. Bain Capital to acquire stake in CJ CheilJedang's unit for $320 mln South Korean food giant CJ CheilJedang Corp said on Thursday that U.S. private equity fund Bain Capital had agreed to acquire a 27% stake its U.S. unit CJ Foods America for $320 million....
04:00, 05/23/2019

Brazil's CPFL Energia offers to buy Chinese stake in renewables unit Brazilian electric utility CPFL Energia SA announced on Tuesday a memorandum of understanding with its parent company, China's State Grid , for the potential acquisition of State Grid's stake in its renewables arm CPFL Renovaveis ....
14:52, 05/21/2019

BlackRock Unit Gets Approval to Take Russia-Linked Firm's Stake in Cybersecurity Company A national-security panel that oversees foreign investment in U.S. businesses approved the transfer of a stake in cybersecurity company Cofense from a Russia-linked private-equity firm to funds managed by BlackRock....
22:52, 08/21/2019

HNA to Sell Stake in Asset Manager C-Quadrat Chinese conglomerate HNA Group is selling its stake in Austrian asset manager C-Quadrat Investment, as HNA continues unloading assets to pay off debt....
11:39, 05/17/2019

Ad Giant WPP to Sell Kantar Stake to Bain WPP has agreed to sell a 60% stake in its Kantar market-research unit to Bain Capital Private Equity, raising about $3.1 billion in the advertising giant’s biggest move yet to refocus its portfolio....
20:26, 07/12/2019

Brazil's Petrobras says CEF to sell $1.86 bln stake - filing Brazil's state-run oil company Petroleo Brasileiro SA said Caixa Econômica Federal will sell a stake worth 7.2 billion reais ($1.86 billion) in the company, according to a securities filing on Monday....
14:52, 06/10/2019

Coca-Cola ends plan to refranchise Africa bottling unit, keeps majority stake Coca-Cola Co said on Monday it had dropped plans to refranchise its Africa bottling business, Coca-Cola Beverages Africa (CCBA), and would instead keep its majority stake in the unit for the time being....
14:26, 05/20/2019

Novartis CEO pledges not to sell Sandoz generics unit Novartis Chief Executive Vas Narasimhan pledged in an interview published on Saturday not to sell the Swiss drugmaker's generics unit Sandoz amid a revamp that has prompted speculation he is preparing to offload the business....
12:26, 07/27/2019

Bayer to sell chemicals unit Currenta for €3.5 billion The sale is part of Bayer's plan to divest from non-strategic ventures, after its purchase of US firm Monsanto. Bayer has been dogged by a wave of lawsuits after the merger, which has sent its shares tumbling....
10:39, 08/07/2019

Comcast to sell its stake in Hulu to Disney in five years Comcast has agreed to sell its stake in Hulu in five years to Disney and give up its voting rights immediately, according to a statement.        ...
16:13, 05/14/2019

WPP in Talks to Sell Kantar Stake to Bain Capital The sale would mark the biggest move yet by Chief Executive Mark Read in his effort to revive WPP’s fortunes since taking over the top job last year....
00:26, 07/02/2019

DNB says it has not decided whether to sell Oslo Bors stake to Euronext Norway's DNB will meet with Euronext before deciding whether to sell its 20% stake in Oslo Bors VPS to the pan-European stock market operator, the bank said on Monday....
09:39, 05/27/2019

Bayer to Sell Animal-Health Unit to Elanco for $7.6 Billion Germany’s Bayer is selling its animal-health business to an American rival for $7.6 billion, part of the drug and chemicals giant’s plan to divest assets amid mounting legal liabilities from its Roundup herbicide....
02:26, 08/21/2019

Bayer to sell chemicals unit Currenta for 3.5 billion euros The sale is part of Bayer's plan to divest from non-strategic ventures, after its purchase of US firm Monsanto. Bayer has been dogged by a wave of lawsuits after the merger, which has sent its shares tumbling....
07:00, 08/07/2019

Budweiser Brewer to Sell Australian Unit to Japan's Asahi Anheuser-Busch InBev agreed to sell its Australian unit to Asahi for $11.3 billion, including debt, as it pushes forward with an effort to sell assets and pare debt after pulling an initial public offering of its Asia-Pacific businesses....
10:13, 07/19/2019

WPP in exclusive talks to sell Kantar stake to Bain Capital WPP is in exclusive talks to sell a majority stake in its data analytics unit Kantar to private equity firm Bain Capital, it said on Monday, in a $4 billion deal aimed at steering the world's biggest advertising company back to growth....
03:26, 07/02/2019

Vietnam Seeks to Sell Stake in Military Commercial Bank Vietnam’s government is looking to sell part of its stake in Military Commercial Joint Stock Bank, a large local lender with a market capitalization of close to $2 billion....
06:52, 07/15/2019

Anil Agarwal's Volcan to sell about 2% stake in Anglo American Billionaire Anil Agarwal's Volcan Holdings Plc has offered to sell about a 1.9% stake in Anglo American Plc, one of the bookrunners handling the sale said on Thursday....
19:39, 07/25/2019

Iberdrola to sell 40% stake in UK wind project for 1.6 billion pounds Spanish energy firm Iberdrola has agreed to sell a 40% share in British offshore wind project East Anglia One to the Green Investment Group, it said on Monday....
16:15, 08/12/2019

Pitney Bowes to sell software solutions unit for $700 million to cut debt Mail management company Pitney Bowes Inc said on Monday it would sell its software solutions unit to enterprise solutions provider Syncsort for $700 million in an all-cash deal, as it looks to cut its debt....
14:52, 08/26/2019

Bosch in talks to sell packaging unit to buyout firm CVC -source Car parts maker Bosch is in advanced talks to sell its packaging machinery business to buyout firm CVC in a deal valuing the company at up to 850 million euros ($959 million), a person close to the matter said....
15:26, 07/04/2019

Anil Ambani In Talks To Sell Radio Unit For Rs 1,200 Crore: Report The planned exit from the radio business is part of efforts by Anil Ambani, 59, to cut wider group liabilities after a debt-fueled expansion in the past decade strained finances, while a subsequent......
14:26, 05/27/2019

Teneo Agrees to Sell Majority Stake to Private-Equity Firm Teneo Holdings LLC—the communications and advisory firm known for counseling the CEOs of some of the world’s largest companies—has agreed to sell a slight majority stake to private-equity investor CVC Capital Partners, according to people familiar wi...
17:52, 06/07/2019

Russia-Linked Buyout Firm Violates Deal to Sell Stake A U.S. national-security panel is threatening to fine Russian-oligarch-backed Pamplona Capital Management for missing a deadline for selling its stake in a cybersecurity company....
17:52, 07/30/2019

Danske Bank to sell Estonian private loans unit to LHV in $458 million deal Danske Bank, which is trying to recover from a major money laundering scandal, has agreed to sell its portfolio of Estonian private loans to LHV Pank in a deal worth 410 million euros ($458.3 million), Estonia's LHV said on Monday....
09:39, 06/03/2019

UPDATE 1-Brazil retailer Magazine Luiza Q2 profit jumps 175% Brazilian electronics and appliance retailer Magazine Luiza SA said on Monday its second-quarter net profit almost tripled year-on-year, helped by non-recurring tax credits and strong sales driven largely by e-commerce....
05:52, 08/13/2019

Carlyle in talks with pipeline firms to sell 25% stake in U.S. oil export project -source Carlyle Group LP is in discussions with three companies that operate pipelines and terminals to sell a 25% stake in its Corpus Christi, Texas, crude oil export terminal for $625 million, according to a source familiar with the matter....
03:13, 05/19/2019

UPDATE 3-Control of Brazil retailer Via Varejo shifts to Klein family from GPA Brazilian retail veteran Michael Klein and his family on Friday gained control of appliance retailer Via Varejo SA from retailer GPA SA in an auction....
16:52, 06/15/2019

UPDATE 2-Control of Brazil retailer Via Varejo shifts to Klein family from GPA Brazilian retail veteran Michael Klein and his family on Friday gained control of appliance retailer Via Varejo SA from retailer GPA SA in an auction, spending less than initially expected....
11:52, 06/15/2019

UPDATE 1-Retailer Carrefour says strategic overhaul on track as H1 profits rise French supermarket retailer Carrefour reported higher first-half profits and said it was on track with a strategic overhaul aimed at boosting earnings and tackling competition from the likes of Amazon ....
19:39, 07/25/2019

Debt-laden Anheuser-Busch InBev's stock jumps after it agrees to sell its Australian unit Shares of Anheuser-Busch InBev jumped Friday morning after the company confirmed the sale of its Australian business, a week after it called off the initial public offering of its Asian business....
15:39, 07/19/2019

UPDATE 1-Trump China tariffs could cost billions for consumers - retailer study If the United States does impose tariffs on another $300 billion worth of Chinese goods, it would cost U.S. consumers $12.2 billion more for apparel, footwear, toys and household appliances each year, the National Retail Federation (NRF) said on Frid...
03:26, 06/22/2019

Fake GTA Online Money Streams Are Popping Up Ahead Of Casino Update Grand Theft Auto Online’s upcoming casino update has a lot of players hoping for expensive cars, new clothing items and lots of other things to buy. Some scammers are taking advantage of players’ excitement using fake online streams claiming to drop ...
10:00, 07/19/2019

Barclays sees Carrefour-Casino merger as possible, pushing up Casino shares Shares in French retailer Casino rose around 2% on Tuesday after Barclays said in a note that a tie-up with larger rival Carrefour could be a possibility "given the difficulties encountered by Casino's majority shareholder."...
16:13, 07/16/2019

GTA 5 Online Casino Update DLC won't release till July, but you can get a great deal TODAY GTA 5 Online fans might have been hoping for more info about the games next big expansion, but there's a great PS4 deal for anyone who is still yet to try the game....
20:13, 06/28/2019

UPDATE 1-France's AMF watchdog suspects Muddy Waters of 'deception' on Casino -Le Monde France's AMF financial regulator suspects short-selling firm Muddy Waters of "deception" regarding supermarket retailer Casino whose shares have been hurt by Muddy Waters' negative comments, newspaper Le Monde reported on Thursday....
14:39, 06/06/2019

GTA 5 Online Update Today: New Vysser Neo, Casino Cars, Money Bonuses and Twitch Rewards Rockstar’s weekly update for GTA 5 Online includes an amazing free car, new masks and in-game artworks. Read on to discover exactly what you can grab right now!...
20:13, 08/01/2019

GTA 5 Online Casino Update COUNTDOWN: Diamond DLC Release Date, Start Time, Cars and Leaks GTA Online is set to open the Diamond Casino and Resort. Here's everything you need to know include the release date, download start times and much more ahead of Grand Theft Auto 5's next big multiplayer DLC....
15:26, 07/22/2019

UPDATE 2-Short-seller Muddy Waters defends its research on Casino after critical French probe U.S. short-selling firm Muddy Waters on Thursday rejected the preliminary findings of a probe by France's AMF financial regulator into its criticism of retailer Casino....
17:13, 06/06/2019

Buy the Do-It-All Ninja Foodi, Get a Second Appliance of Your Choice For Free The Ninja Foodi, designed in part by friend of the site Justin Warner, wants to be the One True Buzzy Kitchen Appliance. It’s a big, hulking thing, but it can do just about everything, as our researcher Corey Foster wrote in an (upcoming) Inventory p...
01:26, 06/01/2019

UPDATE 1-Catalyst Capital to buy about 10% stake in Hudson's Bay Buyout firm Catalyst Capital Group Inc said on Monday it will acquire a significant stake in Hudson's Bay Co, a move that could block the department store's executive chairman's plans to take it private for C$1.74 billion....
18:13, 08/19/2019

UPDATE 2-Starboard discloses 7.5% stake in Box, shares rise U.S. hedge fund Starboard Value LP revealed https://www.sec.gov/Archives/edgar/data/1372612/000092189519002363/sc13d06297267_09032019.htm a 7.5% stake in cloud service provider Box Inc on Tuesday, calling its shares "undervalued"....
01:39, 09/04/2019

UPDATE 1-NetEase sells Kaola unit to Alibaba for $2 billion Nasdaq-listed gaming giant NetEase Inc said on Thursday it agreed to sell its Chinese e-commerce business Kaola to Alibaba Group Holding Ltd for $2 billion....
04:00, 09/06/2019

UPDATE 1-BBA Aviation sells aircraft parts unit in $1.37 bln deal BBA Aviation Plc said on Tuesday it would sell its Ontic aircraft parts and services unit to private equity firm CVC Capital Partners in a $1.37 billion deal, as it focuses on its mainstay airport services business....
10:39, 07/30/2019

UPDATE 2-Manulife profit beats on strength in Asia unit Canada's largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by strength in Asia unit, its biggest....
04:52, 08/08/2019

UPDATE 1-Peltz's Trian picks up 6% stake in Britain's Ferguson Nelson Peltz's Trian Fund Management LP has acquired a stake of about 6% in Ferguson Plc, calling the British plumbing products distributor an "attractive" investment that trades at a discount to peers in the United States....
09:00, 06/13/2019

UPDATE 1-Italy's Mediaset builds a stake in Germany's Prosiebensat Italian largest commercial broadcaster Mediaset has built a 9.6% stake in German peer ProSiebenSat.1, it said on Wednesday, in a move that could pave the way to the creation of a pan-European TV player and lifted the German company's shares....
10:00, 05/29/2019

UPDATE 4-British Steel risks collapse with 25,000 jobs at stake * Unions say: Save the steelworks (Adds context on EU steel equities, the EU ETS, comment from British Steel, from the British government, from UK Steel.)...
17:26, 05/21/2019

UPDATE 1-Insys to pay $225 mln, unit to plead guilty to settle U.S. opioid charges Insys Therapeutics Inc agreed to pay $225 million and an operating unit agreed to plead guilty to five mail fraud counts to settle criminal and civil probes into its marketing of opioids, the U.S. Department of Justice said on Wednesday....
00:26, 06/06/2019

UPDATE 1-Odebrecht's construction unit and bondholders agree to 55% discount -statement Odebrecht's construction unit OEC has signed an agreement with bondholders to restructure its debt at a 55% discount, cutting it from $3.2 billion to $1.4 billion, the conglomerate said in a statement on Friday....
11:52, 08/31/2019

UPDATE 1-Kellogg to take $35 million pretax hit on North America unit revamp Kellogg Co said on Tuesday it would take a pretax charge of about $35 million to restructure its North American business following the sale of its popular Keebler biscuits brand and other assets....
16:00, 06/18/2019

UPDATE 2-Walmart agrees to pay $282 mln to settle Brazil unit corruption claim Walmart Inc has agreed to pay a total penalty of $282 million to settle charges by the U.S. Justice Department and the Securities & Exchange Commission that its Brazilian unit violated the Foreign Corrupt Practices Act....
22:26, 06/20/2019

UPDATE 1-France prepared to cut Renault stake to bolster deal with Nissan- AFP French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault SA in order to consolidate Renault's partnership with Nissan Motor Co , Agence France Press (AFP) reported https://www.afp.com/en/news/717/france-ready-cut-renaul...
17:39, 06/08/2019

UPDATE 1-Italy's economy minister hopes Atlantia will buy stake in Alitalia Italian Economy Minister Giovanni Tria said on Friday he hoped infrastructure group Atlantia would buy a stake in Alitalia, the troubled airline company the government is struggling to rescue....
09:52, 07/12/2019

UPDATE 1-Global private equity firms to bid for Hitachi's chemical unit - sources Global private equity firms Bain Capital, Carlyle Group and KKR & Co are among potential bidders for Japanese conglomerate Hitachi Ltd's chemical unit, three people familiar with the situation told Reuters....
09:39, 05/17/2019

UPDATE 1-Mallinckrodt to spin off generics unit, Amitiza stays with branded business Mallinckrodt Plc said on Tuesday it would spin off its generics unit and keep constipation medicine Amitiza as part of its branded drugs business, to be renamed Sonorant Therapeutics Plc....
14:00, 05/28/2019

UPDATE 1-Novartis says top R&D execs no longer at Avexis unit after test data manipulation Novartis said on Wednesday the two top research & development executives at its Avexis unit were no longer at the company after some data from early testing of Avexis's more than $2-million gene therapy Zolgensma was manipulated....
18:13, 08/14/2019

UPDATE 1-Brazil's Banco BTG Pactual prices follow-on at 46 reais per unit -source Banco BTG Pactual SA , Brazil's largest independent investment banking firm, priced its units at 46 reais in a secondary share offering, one source with knowledge of the matter said....
05:39, 06/12/2019

UPDATE 1-Britain's competition watchdog investigates Liqui-Box deal for DS Smith unit Britain's competition watchdog said on Friday it was investigating whether U.S.-based Liqui-Box's $585 million takeover of a DS Smith Plc business could lessen competition in the market....
17:39, 05/24/2019

UPDATE 2-American Airlines raises unit revenue forecast, shares rise American Airlines Group Inc on Wednesday raised its estimate for second-quarter unit revenue as the grounding of Boeing Co's MAX jets left the No. 1 U.S. carrier with fewer aircraft in service, allowing it to fly fuller planes....
16:52, 07/10/2019

UPDATE 2-El Salvador rejects Mexican tycoon Slim's bid for local Telefonica unit El Salvador's competition authority on Tuesday said it had rejected a bid by Mexican telecoms company America Movil to acquire the local unit of Spanish rival Telefonica, arguing the planned takeover did not meet anti-trust requirements....
22:52, 05/21/2019

UPDATE 2-Hedge fund Third Point calls on Sony to spin off semiconductor unit Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company....
05:26, 06/14/2019

UPDATE 1-Mantle Ridge buys stake in Aramark, eyes talks with management Activist investor Paul Hilal's Mantle Ridge LP has bought nearly 10% of Aramark's common stock to push for changes at the U.S. food services company, a regulatory filing showed on Friday....
17:00, 08/17/2019

UPDATE 1-Dealogic owner ION buys controlling stake in data firm Acuris ION Investment Group, the owner of data provider Dealogic, on Monday bought a controlling stake in financial news and data firm Acuris, known for its Mergermarket and Debtwire brands, for 1.35 billion pounds ($1.76 billion), including debt....
16:39, 05/13/2019

UPDATE 1-Italian bank fund could take Carige stake in BlackRock rescue -Intesa CEO A rescue plan for Italy's Carige by U.S. asset manager BlackRock would allow a fund financed by Italian lenders to take part in a cash call at the Genoa-based bank, the chief executive of Intesa Sanpaolo said on Tuesday....
15:52, 04/30/2019

UPDATE 1-Japan's SoftBank increases stake in Brazilian lender Banco Inter Japan's SoftBank Group Corp has raised its stake in Banco Inter SA to 14.94% from 8.10%, according to a document filed by the Brazilian lender on Monday, deepening the conglomerate's push to challenge Brazil's concentrated banking sector....
18:52, 09/16/2019

UPDATE 2-Scotiabank misses profit as higher provisions offset gains from international unit Canada's Bank of Nova Scotia on Tuesday missed analysts' estimates for quarterly profit for the third time in a row, as a surge in non-interest expenses and provisions for bad loans offset gains from its international banking unit....
14:00, 05/28/2019

UPDATE 3-United Technologies nears deal to merge aerospace unit with Raytheon -source United Technologies Corp is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon Co and form a new company worth well over $100 billion, a person familiar with the matter said on Saturday....
16:26, 06/09/2019

UPDATE 1-Sun Life profit misses estimates as wealth sales fall in Canada unit Canadian insurer Sun Life Financial missed estimates for quarterly earnings on Wednesday, as weaker wealth sales hurt its performance in domestic market....
00:52, 05/09/2019

UPDATE 2-Zambian court lifts order blocking disposal of Vedanta unit assets A Zambian court on Friday lifted an order blocking a provisional liquidator at Vedanta's Konkola Copper Mines (KCM) business from disposing of assets or making arrangements with creditor until a July 4 hearing....
19:13, 06/28/2019

UPDATE 1-Gilead to separate Kite cell therapy unit, posts higher profit Gilead Sciences Inc, which hired Roche veteran Daniel O'Day to be its new chief executive, on Thursday said Kite Pharma, the cancer-focused cell therapy company it acquired in 2017, will become a separate business unit....
01:52, 05/03/2019

UPDATE 2-Erdogan says Turkey to turn elsewhere if U.S. will not sell F-35s President Tayyip Erdogan said on Friday Turkey would turn elsewhere for fighter jets if the United States will not sell it the F-35 jets, adding that a U.S. decision to cut Ankara from the programme would not deter it from meeting its needs....
02:26, 07/27/2019

UPDATE 1-Erdogan says Turkey to turn elsewhere if U.S. will not sell F-35s President Tayyip Erdogan said on Friday Turkey would turn elsewhere for fighter jets if the United States will not sell it the F-35 jets, adding that a U.S. decision to cut Ankara from the programme would not deter it from meeting its needs....
13:39, 07/26/2019

UPDATE 3-Hudson's Bay to sell Lord + Taylor for $100 mln Hudson's Bay Co said on Wednesday it would sell its Lord + Taylor department store business to fashion rental service company Le Tote Inc for about $100 million, as the retail operator culls its portfolio to a few key brands....
19:13, 08/28/2019

UPDATE 2-Disney to sell Fox regional sports networks to Sinclair for $9.6 bln Walt Disney Co said on Friday it would sell its interests in 21 regional sports networks and Fox College Sports to Sinclair Broadcast Group Inc for $9.6 billion, a deal that clears the way for its purchase of Twenty-First Century Fox Inc's film and t...
14:39, 05/04/2019

UPDATE 2-Concho Resources to sell strip of New Mexico assets for $925 mln U.S. oil and gas producer Concho Resources Inc said on Tuesday it would sell a portion of its New Mexico assets for $925 million to KKR-backed Spur Energy Partners LLC and plans to use the money to lower its debt and buyback shares....
18:00, 09/03/2019

UPDATE 1-Equinor to sell 16% shares it holds in Lundin Petroleum for about $1.56 bln Norwegian oil and gas firm Equinor ASA on Sunday said it will sell a 16% stake in Lundin Petroleum AB for about $1.56 billion, and in return acquire an additional 2.6% stake in Johan Sverdrup oilfield....
22:26, 07/07/2019

UPDATE 2-China says will freeze out U.S. companies that sell Taiwan arms China's government and Chinese companies will cut business ties with U.S. firms selling arms to Taiwan, China's Foreign Ministry said on Monday, declining to give details of the sanctions in a move likely to worsen already poor ties with Washington....
13:26, 07/15/2019

UPDATE 2-Israel's Gazit Globe bets on East Europe real estate with Atrium stake increase Israeli real estate developer Gazit Globe has agreed to buy the 40% of Atrium European Real Estate it does not already own, betting on growth in densely populated urban areas of Eastern Europe....
11:39, 07/23/2019

UPDATE 1-China to impose sanctions on U.S. firms that sell arms to Taiwan China said on Friday it would impose sanctions on U.S. firms involved in a deal to sell $2.2 billion worth of tanks, missiles and related equipment to Taiwan, saying it harmed China's sovereignty and national security....
20:26, 07/12/2019

UPDATE 1-Alibaba welcomes U.S. small businesses to sell globally on its platform Chinese e-commerce giant Alibaba Group Holdings Ltd will allow small U.S. businesses to sell on Alibaba.com, the company said on Tuesday, as it seeks to tap into the business-to-business e-commerce market and fend off rivals like Amazon.com Inc....
21:13, 07/23/2019

UPDATE 2-China to impose sanctions on U.S. firms that sell arms to Taiwan China said on Friday it would impose sanctions on U.S. firms involved in a deal to sell $2.2-billion worth of tanks, missiles and related equipment to Taiwan, saying it harmed China's sovereignty and national security....
12:39, 07/13/2019

CORRECTED-UPDATE 1-MetLife to sell Hong Kong insurance business to FWD U.S. insurer MetLife Inc will sell its Hong Kong operations to FWD, the insurance firm owned by tycoon Richard Li, the companies said in a joint statement on Friday, without disclosing financial details....
12:00, 06/29/2019

UPDATE 4-Lions Gate offered to sell Starz to CBS for $5.5 billion - sources Lions Gates Entertainment offered to sell cable channel Starz to CBS Corp for $5.5 billion after rebuffing a lower offer, two sources familiar with the matter told Reuters....
00:26, 05/18/2019

GTA 5 Online Casino Cars leak: 22 new cars revealed in Grand Theft Auto Online Update DLC Rockstar is rolling out a new update for Grand Theft Auto Online today, and as the update goes online for players, leakers are already starting to show us what's in store....
16:39, 07/23/2019

UPDATE 4-Trump, EU officials announce deal to sell more American beef to Europe U.S. President Donald Trump announced a deal on Friday to sell more American beef to Europe, a modest win for an administration that remains mired in a trade war with China, but he said tariffs on European auto exports remain a possibility....
05:00, 08/03/2019

UPDATE 1-Novartis to sell epinephrine injector in U.S. pharmacies amid EpiPen shortage Novartis AG said on Tuesday it would make its generic pre-filled epinephrine shots immediately available in local pharmacies across the United States, as a shortage of Mylan NV's EpiPen emergency allergy shot drags on due to manufacturing problems....
19:13, 07/09/2019

UPDATE 3-Novartis to sell epinephrine shot in U.S. pharmacies amid EpiPen shortage Novartis AG said on Tuesday it would make its generic pre-filled epinephrine shots immediately available in local pharmacies across the United States, as a shortage of Mylan NV's EpiPen emergency allergy treatment drags on due to manufacturing probl...
22:39, 07/09/2019

UPDATE 1-Brazil's Petrobras strikes deal with regulator to sell natgas assets Brazilian state-owned oil firm Petroleo Brasileiro SA has reached an agreement with anti-trust regulator Cade to sell off a series of natural gas transportation and distribution assets, the company said in an exchange filing on Monday....
22:52, 07/08/2019

UPDATE 2-Paulson's hedge fund calls on Callon to drop merger, sell itself Billionaire investor John Paulson's hedge fund on Monday urged Callon Petroleum Co to drop its proposed $3.2 billion acquisition of Carrizo Oil & Gas Inc , and instead consider selling itself....
20:13, 09/09/2019

CORRECTED-UPDATE 1-Crescent Point to exit Uinta Basin, sell some Saskatchewan assets Canada's Crescent Point Energy Corp said on Tuesday it would exit Uinta Basin in Utah and sell parts of its assets in southeast Saskatchewan for about C$912 million ($687.01 million) as part of its plan to cut debt under a new management....
18:00, 09/03/2019

UPDATE 3-Paulson's hedge fund calls on Callon Petroleum to drop merger, sell itself Billionaire investor John Paulson's hedge fund on Monday urged Callon Petroleum Co to drop its proposed $3.2 billion acquisition of Carrizo Oil & Gas Inc , and instead consider selling itself....
02:39, 09/10/2019

Frances Tiafoe shows how much he loves Kevin Durant Some newfound star power is putting Brooklyn back in style. Even in Queens. First, Frances Tiafoe nearly pulled off a U.S. Open upset of No. 6 Alexander Zverev, the German pulling out a 6-3, 3-6, 6-2, 2-6, 6-3 second-round win. Then Tiafoe rocked a b...
13:13, 08/30/2019

The One where Friends is Analysed to Death is not an episode we need to see | Frances Ryan There are, of course, valid criticisms to be made regarding the politics of the 1990s sitcom. But why argue over its quality?Ahead of Friends’ 25th anniversary this month, the website Buzzfeed has published a new viral article arguing that the much-l...
02:52, 09/04/2019

UPDATE 3-El Salvador rejects Slim's bid for Telefonica unit; Slim to try again El Salvador's competition authority has rejected Mexican telecoms firm America Movil's bid to acquire a local unit of Telefonica, but the company controlled by the family of billionaire Carlos Slim vowed to try again....
01:00, 05/22/2019

REFILE-UPDATE 1-Coca-Cola gets green signal to sell energy drink under Monster contract An arbitration tribunal has ruled that Coca-Cola Co can sell its energy drink globally under the terms of the contract with Monster Beverage Corp, the two companies said on Monday, months after the launch of the product in Europe....
16:26, 07/01/2019

UPDATE 1-Trump administration may use Iran threat to sell bombs to Saudis without Congress' approval -senator U.S. President Donald Trump's administration plans to use a loophole and rising tensions with Iran to sell bombs to Saudi Arabia, even though Congress blocked such sales for months over concerns about civilian deaths in the war in Yemen, Senator Chri...
04:00, 05/23/2019

UPDATE 2-Nissan wants Renault to reduce stake to revive Renault-FCA deal talks- WSJ Carmakers Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes of reviving Renault's merger talks with Italy's Fiat Chrysler Automobiles NV, the Wall Street Journal reported on Friday, citing emails and...
05:00, 08/03/2019

Online abuse of disabled people is getting worse – when will it be taken seriously? | Frances Ryan New research shows the extent of this depressing trend. Social media platforms and MPs have to get a grip of itI’ve never liked the term “real life” to signify “not online”. In an era when social media is central to much human interaction, and a phon...
18:26, 05/10/2019

US Open: Frances Tiafoe doesn’t need full-day’s work to advance Sometimes it feels like the U.S. Open was still being played in Forest Hills, when Frances Tiafoe was first pegged as the long-awaited next American star. Soon, however, the future could finally be here. The 21-year-old from Maryland cruised to a fir...
15:13, 08/28/2019

Frances Tiafoe: ‘I want to use my story to inspire others, you can’t make it up’ | Donald McRae Frances Tiafoe used to sleep at the tennis centre where his father was janitor. Now the son of immigrants from Sierra Leone is taking on the great names in the sport“It’s a movie, man, an absolute movie. I say it all the time,” Frances Tiafoe exclaim...
16:52, 05/13/2019

Frances is in a bleak but hopeful space as Divorce kicks off its 3rd and final season This third and final season of Divorce is kicking off on a bit of a downer, and I welcome it. I’m close to the Frances/Diane/Dallas age bracket (Gen-Xer, pre-millennial) and so can completely relate to all three women being at a bit of a crossroads. ...
17:26, 07/02/2019

GTA 5 Online Casino Money: Best way to make money, chips in the GTA Online Diamond Casino? GTA Online just released a new update with the Diamond Casino. So if you're looking to strike it rich, this guide will tell you how to make as much money as possible in the new Grand Theft Auto Diamond Casino & Resort....
20:52, 07/25/2019

New-look Citi Open announces Frances Tiafoe, Sloane Stephens among early commitments Washington’s professional tennis tournament, under new management and scheduled for July 27 to Aug. 4, is aiming to host a mix of up-and-coming players and established names....
16:00, 05/21/2019

UPDATE 1-Devon Energy to sell Canadian assets to Canadian Natural Resources for $2.8 bln U.S. oil and gas producer Devon Energy Corp said on Wednesday it would sell its Canadian assets to Canadian Natural Resources Ltd for C$3.8 billion ($2.81 billion) in cash as part of an ongoing effort to become a pure-play oil producer....
12:39, 05/29/2019

Apple to Comcast: if you want to sell iPhones, you have to sell iPads and eat the discount Comcast and Charter are learning the hard way what it means to be in the wireless carrier business. The nation's number one and number two cable television firms have what they called "wireless phone ventures." Comcast has an MVNO service to subscrib...
10:00, 06/17/2019

Remember Frances McDormand's 'stolen' Oscar? Now charges are dropped against accused thief The charges against a man accused of stealing Frances McDormand's Oscar statuette were dropped, but no one is explaining why.        ...
15:13, 08/21/2019

From advertising to A.I., Walmart is doing a lot more than just being a retailer You might only know Walmart as a place to stop to pick up milk or paper towels, maybe a few other things, on your way home from work. But the biggest retailer in the world is doing a lot more than just selling groceries....
20:39, 05/16/2019

Nike becomes latest retailer to add plus-size mannequins Nike is making strides on inclusion efforts. The athletic wear giant debuted curvy mannequins this week on the new women’s floor at its flagship store in London to showcase figures of all shapes and sizes. The women’s floor in its Oxford Street store...
20:52, 06/10/2019

Beleaguered retailer Barneys hit by paycheck snafu Employees of luxury retailer Barneys New York got a jolt on Friday when their paychecks failed to hit their bank accounts. As speculation swirls around the swanky retailer’s financial woes, rank-and-file workers say they feared the worst when they di...
05:00, 07/30/2019

Secondhand luxury retailer The RealReal jumps almost 50% after IPO The shares jumped from an IPO price of $20 apiece Thursday to almost $30 in morning trading on the Nasdaq under the symbol REAL, giving it a preliminary market value of $2.49 billion....
17:26, 06/28/2019

Chewy CEO says the online pet retailer isn't thinking about selling CBD Pet owners are increasingly using CBD to treat their animals, but Chewy CEO Sumit Singh says the retailer isn't thinking about selling it just yet....
19:13, 06/14/2019

British retailer Tesco scales down in Poland Britain’s biggest supermarket chain Tesco has announced the closure of four hypermarkets and a distribution center in Poland. A ban on Sunday trading and growth of discounters has hit the retailer's bottom line....
18:00, 05/31/2019

Rolex Retailer Sets Its Watch in the West Slack sales in Hong Kong make it an odd time for a luxury watch retailer to go public, but Watches of Switzerland is finding favor by focusing on the less well-served U.S. market....
15:26, 05/30/2019

Bidders invited to shop for retailer Karen Millen The Icelandic owner of Karen Millen has decided to kick off an auction of the fashion chain, paving the way for another of the high street's best-known brands to change hands....
16:52, 06/27/2019

Apparel retailer Forever 21 weighs bankruptcy filing The retailer has been exploring restructuring options to shore up its liquidity as it struggles with its business, CNBC previously reported. Those efforts, though, have stalled, making a bankruptcy more likely....
23:39, 08/28/2019

Brazil retailer Magazine Luiza Q2 profit jumps almost 180% Brazilian electronics and appliance retailer Magazine Luiza SA said on Monday its second-quarter net profit almost tripled year-on-year, helped by non-recurring tax credits and strong sales driven largely by e-commerce....
05:52, 08/13/2019

UK retailer Philip Green denies U.S. assault charges British retailer Philip Green, whose Arcadia Group owns major fashion chains such as TopShop, denied on Friday assault charges that had been filed in a U.S. court....
23:00, 05/31/2019

Brazil retailer GPA launches e-commerce for wholesale deliveries Brazilian food retailer GPA is launching a new business-to-business e-commerce platform, an executive told Reuters, aiming to double its customer base in the segment by the end of 2019....
19:52, 06/19/2019

Luxury retailer Barneys may be headed for bankruptcy, report say Barneys may be on the cusp of filing for bankruptcy protection as the luxury retailer contends with high rents, according to reports.       ...
21:39, 07/14/2019

Japanese Online Retailer Seeks U.S. Bank Charter Japanese online merchant Rakuten Inc. wants to open a bank in Utah to offer loans, credit cards and other financial services to customers of its existing U.S. cashback-shopping business....
23:26, 07/26/2019

Candy Retailer Lolli & Pops Files for Bankruptcy The shopping mall-focused purveyor of such sweets as strawberry-champagne bark, blue-raspberry cotton candy and cookies-and-creme crispycakes sought protection from creditors Monday in U.S. Bankruptcy Court in Wilmington, Del....
04:52, 08/14/2019

The secret to German retailer Lidl's Spanish boom German low-cost supermarket Lidl has profited from the difficulties of some of Spain's biggest retailers. It is now the largest German supermarket in Spain and the second-fastest-growing firm in the sector....
13:00, 08/13/2019

Luxury retailer Barneys may be headed for bankruptcy, reports say Barneys may be on the cusp of filing for bankruptcy protection as the luxury retailer contends with high rents, according to reports.       ...
17:00, 07/15/2019

America's biggest retailer pressured to stop selling guns Last year, Dick's Sporting Goods ended the sale of semi-automatic, assault-style rifles and high-capacity magazines after a mass shooting in Parkland, Florida, killed 17 people. It also raised the age for purchasing weapons from 18 to 21....
18:13, 08/05/2019

Retailer Amazon nears victory in rainforest battle over domain name Amazon, the world's biggest online retailer, is close to winning a seven-year battle with eight Latin American countries over the .amazon internet domain....
04:26, 05/21/2019

Amazon Prime Day Sets Fresh Sales Records for the E-Retailer Amazon has said its two-day extravaganza known as Prime Day was its biggest shopping event ever, with sales surpassing the two key holiday spending days combined....
10:26, 07/18/2019

Plus-size retailer Avenue warns it will shutter without buyer: sources Plus-size retailer Avenue has 60 days to find a buyer — or it will shutter all of its 260 stores across the country, The Post has learned. Owned by Versa Capital Management, a private equity firm that also owns Black Angus Steakhouse and Silver Airwa...
21:00, 08/01/2019

Target and tariffs: The retailer has plans to limit higher prices Target plans to lessen the impact tariffs will have on the retailer’s prices, the company said on Wednesday. Details were not disclosed.        ...
01:39, 05/23/2019

Storm clouds gathering over UK economy, warns retailer Boots Storm clouds are gathering over Britain's economy, with waning consumer confidence and political uncertainty suggesting it could be heading for a recession, the boss of the country's biggest health and beauty chain said on Wednesday....
17:26, 06/26/2019

Hat retailer’s deal with Meek Mill is just the start of new growth plan The future of baseball caps is in hip-hop and country crooners. Sports cap retailer Lids is launching a new business strategy to capitalize on a growing trend that has nothing to do with sports teams, The Post has learned. The Indianapolis-based comp...
03:52, 06/27/2019

Video game retailer GameStop closing 180 to 200 stores globally GameStop is closing between 180 and 200 underperforming stores globally by the end of this fiscal year, officials announced Tuesday.       ...
05:52, 09/11/2019

Another phone retailer has canceled Samsung Galaxy Fold pre-orders If the future of the Samsung Galaxy Fold didn't look murky enough anyway, another blow has been struck to the foldable phone in the form of a retailer canceling all pre-orders.AT&T in America, which was offering the handset for $1,980 (roughly &...
12:13, 06/13/2019

E.U. Investigates Amazon Over Use of Retailer Info To Gain Competitive Edge (BRUSSELS) — The European Union is opening a new front in its quest to more closely regulate big tech companies, saying Wednesday it was investigating whether U.S. online giant Amazon uses data from independent retailers to gain an illegal edge...
19:39, 07/17/2019

Macau casino revenues up 5.9% in June Gambling revenue in the Chinese territory of Macau rose 5.9% in June year on year, as sentiment to gamble saw an uptick in the world's largest gambling hub....
08:52, 07/01/2019

Nearly Six Years Later, GTA Online's Casino Has Been Updated If you head down to the casino in Grand Theft Auto Online today, you’ll see that some changes have been made. After nearly six years, it seems the vacant and unused casino is being updated, and, according to data miners, more changes are coming....
17:39, 06/06/2019

Ben Simmons says he was 'singled out' trying to enter casino Philadelphia 76ers guard Ben Simmons has explained a social media post that seemed to imply he'd been racially profiled by security staff at a Melbourne casino by saying he and his friends felt "singled out."...
12:13, 08/07/2019

Barneys in talks for sale to online luxury retailer Farfetch: sources Struggling Barneys may have finally found its savior in the form of London-based online retailer Farfetch, The Post has learned. Barneys, which has been scouting for buyers since before it filed for bankruptcy on Aug. 6, is in talks to sell itself to...
23:13, 08/27/2019

South Korea boycott impacts sales at Japanese retailer Uniqlo A recent boycott on Japanese goods in South Korea has had an impact on casual clothing chain Uniqlo's sales in the country, owner Fast Retailing said on Friday....
05:39, 08/09/2019

Barneys nears sale to online luxury retailer Farfetch: sources Struggling Barneys may have finally found its savior in the form of London-based online retailer Farfetch, The Post has learned. Barneys, which has been scouting for buyers since before it filed for bankruptcy on Aug. 6, is in advanced talks to sell ...
10:52, 08/27/2019

Executive chairman of Saks-owner Hudson's Bay puts in bid to take retailer private The executive chairman of Saks-owner Hudson's Bay Co., Richard Baker, is leading a bid to take the retailer private, the company announced Monday....
21:00, 06/10/2019

Why luxury online retailer Farfetch's stock cratered despite acquisition of megabrand Farfetch shares sank 45% Friday, after the luxury e-commerce company said it planned to acquire New Guards Groups, owner of popular streetwear brand Off-White, for $675 million....
02:52, 08/10/2019

Kohl's shares sink 11% on earnings miss, retailer trims outlook Kohl's also for the first time in two years missed same-store sales expectations, with CEO Michelle Gass saying the year "started off slower than we'd like."...
13:39, 05/21/2019

For kids' clothes, no one retailer has the lock on back-to-school season this year No company has the majority of share of the estimated $34 billion U.S. children's clothing industry. Carter's ended 2018 with the biggest stake, 9.4%....
12:52, 08/09/2019

Are Forever 21's Days Numbered? The Fast-Fashion Retailer Becomes the Latest to Eye Bankruptcy I have a justifiable dread about the state of retail stores in America, perhaps spurred on by the abandoned mall of my youth, a one-time mecca of teenage frisson overgrown with weeds and decay before finally being demolished. One of the inevitable ca...
18:26, 08/29/2019

Macau casino revenue drops 8.6% in August Gambling revenue in the Chinese territory of Macau dropped 8.6% in August on the year, hit by tapering demand from high rollers, due to slowing economic growth amid China's trade war with the United States and protests in neighbouring Hong Kong....
07:52, 09/01/2019

GTA Online's New Casino Is Great Even If You Aren't Rich Grand Theft Auto Online’s casino update went live today. The Diamond Casino & Resort update adds a large list of new content, including new missions, cars, clothing options, and activities, making it one of the largest updates in GTA Online in so...
03:00, 07/24/2019

The Complicated Story Behind Trump’s Casino Tweet On Wednesday morning, President Donald Trump shot off a tweet that knocked a proposal he characterized as “a special interest casino Bill.”...
04:26, 05/09/2019

Macau casino revenues fall 3.5% y/y in July Gambling revenue in the Chinese territory of Macau dropped 3.5% in July from a year earlier, due to tempered demand from high rollers amid a slowdown in the world's second-largest economy and a trade war with the United States....
09:00, 08/01/2019

GTA Online’s New Casino Won’t Let Players In Some Countries Gamble The most recent Grand Theft Auto Online update added a large new casino into the game, allowing players to buy chips, gamble and win big or lose everything. This casino has been teased in GTA Online for years, and many players were excited to jump on...
10:26, 07/25/2019

A new Hollister store is coming to Herald Square in New York as the retailer thinks smaller A new Hollister store is coming later this month to New York, right down the block from Macy's, Target and Victoria's Secret in the busy Herald Square shopping district....
00:52, 09/20/2019

SoftBank leads financing round in Brazilian home goods retailer MadeiraMadeira Japan's SoftBank Group Corp has led a $110 million financing round for Brazilian online home goods platform MadeiraMadeira, according to a statement on Tuesday....
10:13, 09/17/2019

Brazilian retailer Via Varejo launches digital bank targeting low-income clients Brazilian electronics and appliance retailer Via Varejo launched a digital bank targeting low-income clients in partnership with Boston-based startup Airfox, according to a filing on Wednesday....
00:00, 06/06/2019

Walmart's secret weapon in its quest to outmaneuver Amazon has rejuvenated the giant retailer For 20 years Walmart has struggled to pull its online act together while Amazon.com seized nearly half of the US online shopping market. But Walmart's multibillion-dollar investment campaign now seems to be paying off....
17:52, 08/15/2019

Shoppers slam fashion retailer over cheap bikini: 'Disgusting, questionable ethics' Shoppers are upset with fashion retailer Missguided over their £1 ($1.25) bikini promotion, which many have called unethical and bad for the environment....
19:00, 06/18/2019

Brazil retailer Via Varejo launches digital bank targeting low-income clients Brazilian electronics and appliance retailer Via Varejo launched a digital bank targeting low-income clients in partnership with Boston-based startup Airfox, according to a filing on Wednesday....
00:13, 06/06/2019

Sports Direct buys fashion retailer Jack Wills for 12.75 million pounds Britain's Sports Direct International Plc has bought clothing retailer Jack Wills for 12.75 million pounds ($15.51 million), the Mike Ashley-led company said on Monday....
23:26, 08/05/2019

A city is suing an RV retailer over its ‘gigantic’ American flag. They won't take it down A North Carolina city says Gander RV's American flag is too big. CEO Marcus Lemonis, host of CNBC's "The Profit," says he will not remove it.        ...
21:00, 05/23/2019

Terna, Mohegan to bid for casino at Greece's Hellenikon project Greek contractor GEK Terna said on Thursday it has teamed up with U.S. casino operator Mohegan Gaming & Entertainment to bid to build a casino inside a planned 8-billion-euro tourist resort on the Athens coastline....
12:26, 07/04/2019

76ers' Simmons felt 'singled out' entering casino Ben Simmons said he posted a video on social media because he felt "singled out" after being asked for ID at a casino in Australia. The casino said it does routine ID checks on anybody who appears to be younger than 25....
01:52, 08/07/2019

Casino Upstarts Give U.S. Operators a Run for Their Money in Asia American gambling companies that have won big in Macau are facing increased competition from casinos popping up across Asia to tempt away Chinese high-rollers and tourists....
15:00, 05/06/2019

Eldorado Resorts to Buy Caesars in $8.58 Billion Casino Deal Eldorado Resorts agreed to acquire Caesars Entertainment in a cash-and-stock transaction valued at $8.58 billion, in a move that would create one of the largest gambling companies in the U.S....
02:00, 06/25/2019

Macau casino revenue hits 5-month high in May Gambling revenue in the Chinese territory of Macau hit a five-month high in May, although softer demand from high rollers amid a slowdown in the world's No.2 economy and a Sino-U.S. trade war continued to keep a lid on gains....
02:26, 06/02/2019

Calif. casino roof collapses, no major injuries Authorities say there were mostly minor injuries reported after a roof collapsed in the lobby of Larry Flynt's Lucky Lady Casino in Gardena, a suburb of Los Angeles. (July 15)        ...
07:26, 07/16/2019

France's Groupe Casino faces Battle Royale It is France's second-biggest supermarket operator and, having traded for the last 121 years, a familiar sight in most of the country's towns and cities....
00:26, 05/30/2019

‘GTA: Online’ opens the doors to The Diamond Casino & Resort The wait is over for GTA: Online's long-rumored "Vinewood Casino." The Diamond Casino & Resort opened its doors today. The "sprawling entertainment and luxury living complex" offers plenty to bet on, including roulette, blackjack and three c...
22:52, 07/23/2019

Man pleads guilty to decapitating Montana casino patron BILLINGS, Mont. (AP) — One of two men charged with decapitating a casino patron has pleaded guilty. The Billings Gazette reports that 34-year-old Jeffery Glen Haverty pleaded guilty Monday. Haverty and 32-year-old Donald Ray Cherry were both charged ...
05:52, 06/18/2019

Ben Simmons in heated racial profiling dispute with casino 76ers star Ben Simmons is accusing an Australian casino of racial profiling, following claims that he and his friends were denied entry into the establishment Monday. Simmons, who was raised in Australia, took the social media route to charge Melbour...
01:00, 08/07/2019

Getting Drunk In GTA Online's Casino Unlocks A New Secret Mission The recently added casino in Grand Theft Auto Online has become a popular spot for players and has led to GTA Online reaching its highest number of active players since launch. But while the slot machines and card games are a big draw, there is a sec...
21:52, 08/15/2019

Gamblers lucky to be alive after casino roof collapse Nearly a dozen people were injured Monday when the roof of Larry Flynt’s Lucky Lady Casino in Gardena, California, reportedly caved in on them. The collapse occurred around 10:15 a.m. and affected a small portion of the roof — in an area ...
15:52, 07/16/2019

Glitzy casino opens on industrial waterfront. Will it work? EVERETT, Mass. (AP) — Encore Boston Harbor is opening after months of turmoil and uncertainty. The $2.6 billion Wynn resort opening June 23 has transformed a contaminated property into a waterfront attraction. Everett Mayor Carlo DeMaria hopes the pr...
16:26, 06/16/2019

Lady Gaga to launch beauty line on Amazon as retailer targets cosmetics business Pop star Lady Gaga on Tuesday announced a line of beauty products exclusively for sale on Amazon in a boost to the online retailer's cosmetics business....
02:26, 07/10/2019

Death of a retailer: Creditors claim hedge fund may be to blame for Payless' bankruptcy Payless ShoeSource bankruptcy: Creditors, lenders question Alden Global Capital hedge fund's role        ...
12:00, 04/29/2019

Kids clothing retailer Rockets of Awesome nabs former Walmart e-commerce exec for SVP role At Rockets of Awesome, Turner will be a senior vice president responsible for digital and marketing. He'll report to founder Rachel Blumenthal, who's been building the business beyond the clothing subscription platform that it started as....
04:26, 07/23/2019

Wynn receives key approvals for Boston-area casino opening BOSTON (AP) — Massachusetts gambling regulators have given Wynn Resorts key approvals for opening its nearly $3 billion Boston-area casino. The state’s Gaming Commission on Wednesday authorized Wynn to conduct three trial gambling days next wee...
04:00, 06/13/2019

Casino Playboy To CIA Spy: Rise And Fall Of Kim Jong Un's Half Brother Before the half brother of Kim Jong Un was killed in a brazen nerve agent attack at a Malaysian airport in 2017, he was known as a playboy and a hustler - not a secret CIA informant....
12:39, 06/13/2019

Eldorado Resorts, Caesars Entertainment casino companies to merge Eldorado Resorts and Caesars Entertainment announced a merger on Monday in a deal that brings together two large casino operators.       ...
15:13, 06/24/2019

A round of mergers and takeovers may be coming to the casino sector, investor says There could be more mergers and acquisitions in the gambling industry, particularly in the Asia Pacific region, said Adam Dawes, a senior investment advisor at financial services company, Shaw and Partners....
15:13, 05/08/2019

New York casino takes first legal sports bets since lift on ban And they’re off! Empire State bettors placed their first wagers on pro sports games Tuesday, as legal sports betting got underway more than a year after it was approved by the Supreme Court. Gamblers at the Rivers Casino near Schenectady noshed on ho...
00:26, 07/17/2019

Ride-share drivers run up debt to keep jobs in Uber 'casino' The best ride-hailing app in the world is useless if it can't connect you with a vehicle, something customers often discover after last call at an out-of-the-way bar or arrival at a sparsely populated vacation spot....
02:39, 05/11/2019

Video shows ‘Bagel Boss’ guy getting into heated fight at casino "These girls called me up 2:30am begging me to come to the casino to hang out just to play f--king mind games and have their uncle try to start s--t with me!" wrote Morgan, 45, in the video description....
09:26, 08/20/2019

Agents Of S.H.I.E.L.D. bets the house on a broadly comic casino riff Has Marvel’s Agents Of S.H.I.E.L.D. ever done an episode as purely goofy as this? Sure, there have been some lighthearted outings, like season four’s “Hot Potato Soup” and its Koenig brothers silliness, but that was deep into a season already marked ...
07:00, 05/25/2019

NBA star Ben Simmons implies he was racially profiled at Melbourne casino World’s highest-paid Australian athlete believes he and friends were ‘singled out’ by Crown casino securityStar was born in Melbourne to African American fatherAustralian NBA star Ben Simmons has implied that he had been racially profiled by security...
07:52, 08/07/2019

Work bonus leads man to $300 casino prize, $300,000 lottery jackpot A Michigan man who received a small bonus from work managed to win $300 from a casino and $300,000 from a scratch-off lottery ticket on the same day....
09:52, 05/24/2019

Martha’s Vineyard tribe, town spar over casino construction BOSTON (AP) — Officials on Martha’s Vineyard in Massachusetts are battling a Native American tribe’s efforts to build a casino on the famous resort island. Aquinnah town officials asked a Boston federal judge Friday to require the Aquinna...
20:52, 05/31/2019

Ex-governor David Paterson takes VP role at Sands casino ALBANY — Democratic former Gov. David Paterson on Monday was named vice president of Las Vegas Sands Corp., the casino company headed by Sheldon Adelson, a known supporter of and donor to President Trump. “I think I’m doing what more Americans need t...
02:26, 07/16/2019

Push to build casino spurs tribal land fight As a South Carolina tribe works to build a new casino across the state line, North Carolina’s only federally recognized American Indian tribe protests their right to the land they hope to build on. (June 26)       ...
13:00, 06/26/2019

GTA Online's Casino Will Have Horse Racing, Private Arcades, And Penthouses GTA Online’s casino update launches July 23. The update is about the opening of the Diamond Casino & Resort in Los Santos. Rockstar has revealed more information about the long-teased update via a separate website, a first for GTA Online expansio...
19:26, 07/18/2019

Beijing-backed candidate announces bid to lead casino hub of Macau The head of the legislature in Macau, the world's biggest gambling hub, formally declared his candidacy on Tuesday in the race to run the Chinese-controlled territory for the next five years....
09:26, 06/18/2019

Ponca Tribe scores win in fight to keep Iowa casino open OMAHA, Neb. (AP) — The Ponca Tribe of Nebraska has secured another legal win to keep its new casino in western Iowa open, despite the best efforts of the states of Iowa and Nebraska. The National Indian Gaming Commission ruled Wednesday in the tribe&...
19:26, 05/02/2019

Bally’s bad hand: Caesars-Eldorado deal might doom casino The pending marriage of Eldorado Resorts and Caesars Entertainment may spell the end for 40-year-old Bally’s in Atlantic City. Eldorado’s $8.5 billion acquisition of Caesars will give the combined company four of Atlantic City’s nine casinos, includi...
17:13, 06/26/2019

Carrefour denies weighing bid for French retail rival Casino French retailer Carrefour denied on Wednesday that it was examining a potential bid for debt-laden Casino, after BFM TV reported the firm was weighing up an all-share offer for its rival....
19:52, 09/11/2019

Thousands turn out for new Boston-area casino grand opening EVERETT, Mass. (AP) — Massachusetts’ third casino has officially opened near Boston to cheers and fanfare. Puffs of brightly color smoke were shot into the air as thousands waited for the doors of the $2.6 billion Encore Boston Harbor to open o...
17:13, 06/23/2019

76ers' Ben Simmons says he felt 'singled out' by security at Australian casino Philadelphia 76ers guard Ben Simmons said he felt "singled out" after he and two black friends were asked for identification at an Australian casino....
07:00, 08/07/2019

Mom left her son at McDonald's for hours so she could go to a casino, police report says A McDonald's employee called police after noticing a "dirty and disheveled" child dropped off and left unattended. Stacy Lee Rupp was later arrested.        ...
21:13, 06/24/2019

A North Carolina city is suing an RV retailer over its ‘gigantic’ American flag. They still won't take it down A North Carolina city says Gander RV's American flag is too big. CEO Marcus Lemonis, host of CNBC's "The Profit," says he will not remove it.        ...
05:00, 05/23/2019

Macy's shares rise 2% on report retailer may build office tower on top of flagship New York store Shares of retailer Macy's rose 2% Wednesday, following a report by Bloomberg that the retailer may build an office tower on top its flagship New York store....
19:13, 04/28/2019

High taxes, fees make Chicago casino 'not financially feasible' A high tax and fee structure mandated by an Illinois law for Chicago's first casino would make the project "generally not financially feasible" regardless of where it was located, according to an analysis released on Tuesday by the state's gaming boa...
04:26, 08/14/2019

GTA Online Casino Twitch Prime WARNING: Get your GTA Diamond Bonus before it’s too late! It's your last day to claim your Rockstar bonuses in-game in GTA Online - here's what you need to know about the special promotions between Twitch and GTA Social Club....
14:39, 07/19/2019

NASCAR at New Hampshire 2019: Schedule, lineup, TV and more for Foxwoods Resort & Casino 301 All the information you need to get ready for Sunday's Foxwoods Resort & Casino 301 at New Hampshire Motor Speedway, the 20th race in the Cup Series.       ...
14:00, 07/21/2019

Macau's April casino revenue posts worst drop in nearly three years Gambling revenue in the Chinese territory of Macau fell 8.3 percent in April, the biggest year-on-year drop since June 2016, due to tempered demand from high rollers amid a slowdown in the world's second-largest economy....
08:39, 05/01/2019

High Stakes For Italian Enclave As Europe's Biggest Casino Goes Bust Campione d'Italia, a tiny Italian enclave on the shores of Switzerland's Lake Lugano, is fighting for its survival after its main source of income -- a giant casino -- went bankrupt....
11:00, 05/26/2019

NASCAR at Michigan 2019: Schedule, lineup, TV and weather for FireKeepers Casino 400 All the information you need to get ready for Sunday's FireKeepers Casino 400 at Michigan International Speedway.       ...
16:52, 06/09/2019

Russian boxer, 28, dies of injuries suffered in bout at Maryland casino The Russian-born fighter had been hospitalized since late Friday night after surgery for severe head trauma suffered in 11-round loss to Subriel Matias....
23:00, 07/23/2019

Whistleblower warned B.C. casino in 2000 of alleged ‘co-operation with organized crime’ A casino employee concerned about workplace safety informed the company’s founder that she felt staff had to “accept doing business ... with organized crime."...
15:13, 05/02/2019

GTA Online 5 Casino SCREENSHOTS: Next Grand Theft Auto DLC revealed in over 30 images GTA Online players will finally be able to experience the Diamond Casino & Resort when it launches July 23. For now, here's 30 images giving you your best look yet at Rockstar's new GTA 5 add on....
20:13, 07/18/2019

Illinois lawmakers vote to allow sports betting, approve Chicago casino A major gambling expansion in Illinois that will give Chicago its first casino, allow betting on sports and raise money for a massive infrastructure program won final approval on Sunday in the state legislature....
05:39, 06/03/2019

The $2m drug reveals medical research as a casino culture | Kenan Malik Does Zolgensma, a revolutionary one-off treatment for spinal muscular atrophy, really need to cost so much?How much is a life worth? $2.15m? That’s the staggering price of a drug produced by the pharmaceutical giant Novartis that has just come on the...
07:39, 05/26/2019

FedEx declines to renew U.S. Express contract with Amazon, a move that could affect the retailer during holiday shipping season FedEx says it has made a strategic decision not to renew one of its contracts with the online retail giant. While the move is unlikely to have any major effect on Amazon’s day-to-day shipping needs, it could impact the retailer during the all-importa...
22:26, 06/07/2019

Pro volleyball star Eric Zaun jumps to his death from Atlantic City casino Professional volleyball player Eric Zaun jumped to his death from the 29th floor of an Atlantic City casino earlier this week, police said. Eric Zaun, 25, of Cherry Hill, New Jersey, was found unresponsive in the parking lot of the Borgata Hotel, Cas...
19:52, 06/14/2019

Hard Rock International eyes bid for Greek tourist resort casino: paper Hard Rock International will bid for a casino license in a long-delayed tourist development in Athens and plans to spend more than 1 billion euros ($1.11 billion) on the project, the U.S. firm's chairman said in a newspaper interview....
12:26, 09/04/2019

Wynn Resorts Cleared to Open Casino as Massachusetts Levies $35 Million Fine Massachusetts regulators said Wynn Resorts can retain its license to open a new casino in the state but sharply rebuked Chief Executive Matt Maddox over his leadership of the company amid sexual-misconduct allegations against founder and former CEO S...
07:39, 05/01/2019

Hard Rock International eyes bid for Greek tourist resort casino - paper Hard Rock International will bid for a casino licence in a long-delayed tourist development in Athens and plans to spend more than 1 billion euros ($1.11 billion) on the project, the U.S. firm's chairman said in a newspaper interview....
12:00, 09/04/2019

House passes tribal casino bill one week after Trump urged GOP to oppose it The president had urged Republicans to vote against the measure, which is opposed by a key White House ally. Nearly four-dozen Republicans crossed party lines to join Democrats in backing it....
05:13, 05/16/2019

From casino playboy to slain CIA informant: The rise and fall of Kim Jong Un’s half brother Kim Jong Nam is believed to have met with an American intelligence agent on a Malaysian island a few days before he was killed, according to a Malaysian official....
02:26, 06/13/2019

NBA Star Kawhi Leonard’s Sister Charged With Murder of 84-Year-Old Woman at California Casino The sister of NBA superstar Kawhi Leonard has been charged with murder in the death of an 84-year-old woman following a robbery at a casino near Temecula, Calif....
21:00, 09/09/2019

Reports that casino money laundering dates to 1990s more proof public inquiry is needed: B.C. Greens Green Party Leader Andrew Weaver pointed to Global News reports showing money laundering in B.C. casinos goes back to the NDP governments of the 1990s....
08:00, 05/02/2019

Clearing up confusion on payments: If a retailer takes Apple Pay it also takes Google Pay As New York City's MTA adopts contactless payments on some transit lines, people are still confused about who takes Apple, Google and Samsung Pay.        ...
21:00, 05/31/2019

'They have no excuse for it': Tory MP who got Amazon to remove pro-anorexia books insists retailer must stop harmful content being listed A Tory MP who condemned Amazon for selling books promoting anorexia has urged the online retailer to stop harmful material being listed on its website in the first place....
16:13, 05/11/2019

GTA Online Casino Diamond Program Rewards: New cars, clothing, mission rewards and more Rockstar has announced a new rewards program that gives more back to you, depending on how much you sink into the game. Here's what you need to know....
19:26, 07/22/2019

A new moment for the Catskills in New York: Casino, waterpark and 'Marvelous Mrs. Maisel' A Catskills casino and a $200 million waterpark jumpstart a new age in New York's land of blintzes and borscht.        ...
16:26, 05/24/2019

GTA Online opens in-game casino amid online gambling debate Rockstar just opened up the first casino in Grand Theft Auto Online, the Diamond, where players can pay real money to gamble in game. The casino has been empty for the first six years of GTA Online‘s existence (side note: I feel old). The resort has ...
10:52, 07/24/2019

Woman who tripped on collapsed 'wet floor' sign at casino awarded $3 million by jury A woman who fell at a Cincinnati casino by a collapsed "wet floor" sign was awarded $3 million this past week by a Hamilton County jury.        ...
10:13, 06/30/2019

Wynn Resorts, MGM Resorts End Talks Over Boston-Area Casino Wynn Resorts said it was ending talks with MGM Resorts International to sell its Encore Boston Harbor property. MGM would have had to unload a property it opened in Massachusetts last year....
17:52, 05/22/2019

Home Depot is charging into Target's home-decor territory, but the home-improvement retailer refuses to copy one of its winning strategies (HD, TGT) ALEX EDELMAN/AFP/Getty Images Home Depot is ramping up its home decor offerings. Business Insider spoke with merchandising EVP Ted Decker and merchandising SVP Jeanine Huebner about the company's strategy. They said that Home Depot will likely avoid...
05:52, 07/04/2019

Ben Simmons says he was 'singled out' trying to enter casino Philadelphia 76ers guard Ben Simmons says he felt he was 'singled out' while trying to enter a Melbourne casino, although he was eventually allowed in after providing identification at a second entry point      ...
20:39, 08/06/2019

|REMINDER:WhattheNugentcommissionsaidabouttheSARS'rogue'unit Public Protector Busisiwe Mkhwebane has ruled that the established of an investigative unit within the SA Revenue Service in 2007 was unlawful. Fin24 considers what the Nugent commission of inquiry previously said about the unit's existence....
07:52, 07/07/2019

Thyssenkrupp says it still wants to float its elevators unit Thyssenkrupp on Monday said it was sticking to plans to float its elevator business after a media report said the conglomerate was planning to start talks in autumn on selling the unit....
14:26, 07/08/2019

VW aims to raise $2B from truck unit IPO A successful IPO of VW's Traton heavy-trucks unit would generate funds for the automaker's EV push and for Traton's expansion outside of its main European market....
13:39, 06/14/2019

VW Ups Its Investment in Ford's Self-Driving Car Unit Volkswagen has agreed to invest around $2.6 billion in Ford’s autonomous-vehicle partner, Argo AI, in a deal that expands an alliance struck earlier this year and values the startup at $7 billion....
17:39, 07/12/2019

Division 2 DOWN: Server Status Update and Maintenance latest for Title Update 5 release The Division 2 Servers are going offline this morning for the new Title Update 5 release. Here's everything you need to know, including details on when we'll see the latest patch notes....
08:13, 07/30/2019

The Division 2 Update Patch Notes: Title Update 3 Content Changes and Raid news The Division 2 Title Update 3 launches today. Here's everything you need to know about the games latest changes, patch notes, server downtime and when the Raid will launch....
11:26, 05/14/2019

The Division 2 DOWN: Server Status Update Maintenance latest for Title Update 5 release The Division 2 Servers are going offline this morning for the new Title Update 5 release. Here's everything you need to know, including details on when we'll see the latest patch notes....
11:00, 07/30/2019

UPDATE 2-Boeing completes 737 MAX software update, working on pilot training plan Boeing Co said on Thursday it had completed a software update for its 737 MAX jets, which have been grounded worldwide since March after they were involved in two fatal crashes....
23:39, 05/16/2019

Mandatory update coming to Windows 7, 2008 to kill off weak update hashes Enlarge Windows 7 and Windows Server 2008 users will imminently have to deploy a mandatory patch if they want to continue updating their systems, as spotted by Mary Jo Foley. Currently, Microsoft's Windows updates use two different hashing algorit...
12:13, 05/02/2019

The Division 2 TU5 Patch Notes Confirmed: Title Update 5 DLC update changes revealed Ubisoft has revealed the patch notes for The Division 2, revealing the headline changes for that are coming along with the newest DLC update - here's what you need to know....
16:39, 07/23/2019

World War Z Game Update: July 2019 FREE Six Skulls update and more coming this week Co-op shooter World War Z is getting a big update this week, and publisher Focus Home Interactive has promised that there's plenty to come in the next few months....
19:52, 07/02/2019

UPDATE 1-Tesla owner lawsuit claims software update fraudulently cut battery capacity A Tesla Inc owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a software update to avoid a costly recall to fix what plaintiffs allege are defective batteries....
02:26, 08/09/2019

GE says it needs time for power-plant unit to recover General Electric Co tamped down enthusiasm about a quick recovery in its power-plant unit on Wednesday, and an analyst said the company was not "telling the whole story" about purported market-share gains at its ailing power unit....
01:13, 05/16/2019

Former Baltimore officer in corrupt unit goes to prison BALTIMORE (AP) — A former Baltimore police officer accused of committing crimes as part of a corrupt department unit has been sentenced to prison. The Baltimore Sun reports that U.S. District Court Judge Catherine C. Blake sentenced J...
04:13, 05/29/2019

Mitsubishi to Acquire Bombardier's Regional Jet Unit Mitsubishi said it would acquire Bombardier’s regional-jet business for $550 million in a transaction that puts the companies on different paths in the aviation sector....
19:26, 06/25/2019

China reveals new counterterrorism unit in Xinjiang China has formed a new counterterrorist special ops unit in Xinjiang, where Beijing has cracked down on suspected dissidents, placing them in "reeducation camps."...
23:39, 08/21/2019

Samsung to foster neural processing unit Samsung has designated neural processing units as being core technologies in artificial intelligence and will hire 2,000 people in the area by 2030 as part of its goal to lead in logic chip businesses....
07:39, 06/18/2019

Huawei Unit Cuts More Than 600 Jobs Following US Sanctions Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" caused by Washington's sanctions on the firm and 68......
04:00, 07/24/2019

Equinor's power and gas trading unit expands to the U.S. Danske Commodities, a power and gas trading firm owned by oil major Equinor , has expanded its operations to the United States, completing its first trade on the PJM wholesale power market, it said on Thursday....
15:13, 08/08/2019

Swiss Re plans $4.5 billion IPO for UK unit to help expansion Swiss Re is pressing ahead with plans to float its $4.5 billion UK life insurance business in London to put it under a more favorable regulatory regime and give it easier access to capital to fund its expansion....
14:13, 06/07/2019

SoftBank Unit Yet to Conquer Internet of Things Arm Holdings’s software business posted $191 million in sales for the past fiscal year, a sliver of the $2 billion revenue goal set for itself by 2025....
16:52, 07/08/2019

CVC Nears Deal to Buy Packaging Unit From Bosch German engineering group Robert Bosch is in advanced talks to sell its packaging-technology division to global buyout firm CVC Capital Partners in a deal that could value the business at up to $959 million....
19:26, 07/04/2019

Continental readies powertrain unit spinoff Continental's restructuring will separate the supplier's autonomous and connected vehicle technologies businesses from its diesel and gasoline engine technologies division....
23:39, 09/02/2019

AT&T Cuts Ad Sales Staff at WarnerMedia Unit AT&T’s WarnerMedia began making significant job cuts in its ad sales division, as it continues to reshape the businesses it bought in as part of the Time Warner Inc. deal last year....
01:26, 07/11/2019

Girl's lemonade stand made over $700 for K9 unit A 3-year-old girl lit up her Wisconsin community after she donated hundreds of dollars to her local police department's K9 division, all through the power of lemonade....
19:26, 09/15/2019

| Huawei unit cuts more than 600 jobs following US sanctions Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" caused by Washington's sanctions on the firm and 68 of its subsidiaries....
20:52, 07/27/2019

Jets D-coordinator pushing his unit to be lionhearted Gregg Williams, virtually every day, will stand in front of his defense and display a photo of a lion, or a pride of lions, on a slideshow. “You don’t have to tell lions to hunt — they just do it,” one player said the defensive coordinator told his J...
14:01, 09/07/2019

Anthem Update Patch Notes 1.2.0 Today: New Freeplay Update, Cataclysm news coming tomorrow EA and Bioware have pushed out the first Anthem update in weeks - and we're expecting some more news to come tomorrow, too. Here's what you need to know....
04:39, 05/30/2019

May update for the Pixel handsets includes a quarterly update for Android 9 The first week of May is almost over and since it is the beginning of a new month, Google has sent out its monthly update for the three generations of Pixel handsets. According to the Pixel Update Bulletin, there are no security patches sent with the...
03:00, 05/07/2019

May update for the Pixel handsets includes a quarterly update to Android 9 The first week of May is almost over and since it is the beginning of a new month, Google has sent out its monthly update for the three generations of Pixel handsets. According to the Pixel Update Bulletin, there are no security patches sent with the...
17:00, 05/07/2019

U.S.-China trade talks: where they are and what's at stake U.S. President Donald Trump and Chinese President Xi Jinping are due to meet on Saturday at the Group of 20 (G20) summit in Japan to try to resurrect a deal to end a costly trade war....
23:39, 06/28/2019

KKR Swoops for Axel Springer Stake Axel Springer reached an agreement with KKR for the private-equity firm to buy out its minority shareholders in a deal valuing the German media company at $7.7 billion....
12:39, 06/12/2019

Insurer AXA further reduces stake in AXA Equitable down to 40.1% French insurer AXA said on Friday that it had sold an 8% stake in AXA Equitable Holdings through a secondary offering, as part of its plan to gradually divest from its U.S. life insurance business....
10:13, 06/07/2019

BeIN Shopping Stake in Miramax Miramax-owner BeIN Media Group is said to be shopping a stake in the studio, which produced popular and critically acclaimed films such as “Pulp Fiction” and “Shakespeare in Love,” to potential buyers....
04:13, 06/07/2019

Explainer: What is at stake in Istanbul's election re-run? Voters in Istanbul will head back to the polls on Sunday to choose a mayor, after Turkey's election authority scrapped the results of a March vote in which President Tayyip Erdogan's ruling AK Party lost to the main opposition....
03:52, 06/20/2019

Jobs are at stake — pass the USMCA At the end of 2018, the Trump administration finalized the renegotiated North American Free Trade Agreement, resulting in a new trade deal now called the United States-Mexico-Canada Agreement. This milestone is good news and a big win for the United ...
09:39, 05/30/2019

Fortnite World Cup kicks off with $30m at stake Players as young as 12 will compete in the event, marking Fortnite: Battle Royale’s entry into the lucrative professional games tournament circuitAfter 10 weeks of open qualifiers attracting more than 40 million competitors, the Fortnite World Cup fi...
16:39, 07/26/2019

Farfetch backer to buy TransferWise stake An investment firm which has backed leading technology companies including Farfetch and Skyscanner is taking a stake in TransferWise, the fast-growing British payments platform....
16:26, 05/10/2019

What’s at Stake in U.S.-Japan Trade Talks More than two years after U.S. President Donald Trump walked away from a regional Asia-Pacific trade agreement, the U.S. and Japan -- the world’s largest and third-largest economies -- are negotiating a deal of their own. Both sides insist they want ...
18:52, 04/29/2019

WPP sells minority stake in Chime for $68.9 Mln WPP Plc said it sold its minority stake in sports, entertainment and communications company Chime for 54.4 million pounds ($68.91 million), as the world's biggest advertising company looks to sell non-core assets and return to growth....
10:52, 07/01/2019

REFILE-Starboard discloses 7.5% stake in Box Inc U.S. hedge fund Starboard Value LP revealed https://www.sec.gov/Archives/edgar/data/1372612/000092189519002363/sc13d06297267_09032019.htm a 7.5% stake in cloud service provider Box Inc on Tuesday, calling its shares "undervalued"....
01:39, 09/04/2019

GM defense unit gets new leaders, stays quiet on plans GM has remained in stealth mode a year and a half after re-establishing its defense unit. What is known is that the new leadership team will be responsible for launching several hydrogen fuel cell-powered products....
06:39, 05/25/2019

| WATCH: Huawei laying off majority of US unit - source FutureWei Technologies, the US research arm of China’s Huawei, began laying off workers on Monday, according to employees including one who spoke to Reuters as he left the company’s Silicon Valley campus....
20:52, 07/27/2019

JPMorgan Chase's Profit Boosted by Consumer Unit JPMorgan Chase’s second-quarter profit rose 16%, with the strong performance of its consumer businesses offsetting a slowdown across its other operations....
19:00, 07/16/2019

JD.com may list logistics unit in future but no plan currently: exec Chinese e-commerce giant JD.com Inc may list its logistics unit in the future but it currently has no clear plan, a senior company executive said on Monday....
17:13, 06/17/2019

U.S. first-quarter unit labor costs revised down sharply U.S. unit labor costs were weaker than initially thought in the first quarter and costs declined in the prior period, suggesting inflation could remain moderate for a while....
15:52, 06/06/2019

Sony CEO: smartphone unit "necessary" component of hardware business Sony’s smartphone business has been bleeding money for years and investors have consistently called for an exit from the segment. But according to the company’s CEO, Kenichiro Yoshida, the smartphone unit is “necessary” to make Sony’s hardware busine...
13:26, 05/22/2019

Carnival, Under Court Order, Gives Compliance Unit More Independence Cruise-ship operator Carnival Corp., which agreed to strengthen its compliance function after admitting to dumping plastic waste in the ocean, is expected to appoint a compliance chief soon....
16:52, 07/08/2019

FedEx Profits Pressured by Express Unit's Woes FedEx said profits were squeezed in its most recent quarter as a global slowdown in trade and a shift by customers to slower and cheaper delivery options continued to weigh on the shipping giant’s core Express business....
16:13, 06/26/2019

German military investigates elite unit over far-right ties German military intelligence is probing its KSK elite unit over concerns of widespread far-right extremism. The level of extremist sympathy in the 1,100-person unit is feared to be "extraordinarily high."...
20:39, 09/10/2019

El Salvador rejects America Movil bid to buy Telefonica unit El Salvador's competition authority on Tuesday said it had rejected a bid by Mexican telecoms company America Movil to acquire the local unit of Spanish rival Telefonica, arguing the planned takeover did not meet anti-trust requirements....
22:52, 05/21/2019

Huawei says U.S. curbs to cut smartphone unit's revenue by over $10 billion Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit's revenue lower by about $10 billion this year....
21:39, 08/23/2019

South African unit of carmaker Ford to add 1,200 jobs The South African unit of Ford Motor Co will hire an additional 1,200 people to staff an extra shift at one of its vehicle assembly plants, increasing production to 720 units per day, it said on Wednesday....
14:00, 07/17/2019

Mylan to combine with Pfizer's off-patent medicines unit Pfizer Inc will separate its off-patent drugs business and merge it with Mylan , the two companies confirmed on Monday, bringing blockbuster treatments Viagra, EpiPen and Lipitor under one umbrella....
14:13, 07/29/2019

Ricciardo's failed engine was an older Renault unit Daniel Ricciardo says the Renault engine which expired in Formula 1 British Grand Prix FP2 was a high-mileage, older-spec unit which was reserved solely for Friday running...
21:39, 07/12/2019

Cisco's service provider unit will have to wait for 5G boost Concerns about the short-term prospects of Cisco’s service provider business and fears of an ongoing trade dispute between the US and China have led to the company posting a lower than expected forecast – concerning investors.The compan...
17:00, 08/15/2019

Energy distributor UGI's unit to acquire Columbia Midstream for $1.28 bln Energy distributor UGI Corp said on Tuesday its unit UGI Energy Services will acquire Columbia Midstream Group from a subsidiary of Canada's TC Energy Corp for about $1.28 billion to expand its midstream business....
05:39, 07/03/2019

Thyssenkrupp to IPO elevator unit, scraps corporate split Thyssenkrupp on Friday scrapped plans to break into two parts in favor of a listing of its prized elevator unit, responding to a massive decline in its share price since the breakup plans were unveiled in September....
14:39, 05/10/2019

Brazil's Cemig considers IPO of its gas distribution unit - exec State-run power utility Companhia Energética de Minas Gerais (Cemig) is considering an initial public offering of its gas distribution unit Gasmig, a company director said on Tuesday....
17:39, 08/20/2019

AB InBev's Asian Unit Damps IPO Price Expectations Anheuser-Busch InBev’s Asian unit has guided investors to expect its IPO to price in the lower half of a previously indicated range, though that would still make it the world’s largest stock-market debut this year....
12:52, 07/11/2019

Dad of boy found in Denver storage unit charged with murder DENVER (AP) — The father of a 7-year-old boy whose body was found encased in concrete inside a Denver storage unit has been charged in the child’s death. Denver District Attorney Beth McCann’s office says Leland Pankey was charged Thursda...
02:13, 05/31/2019

Australian regulator to get unit specializing in tech companies Australia's antitrust watchdog will be strengthened with a special branch to oversee the market power of U.S. technology giants Facebook and Google under sweeping regulatory reforms proposed by the government on Friday....
08:00, 07/26/2019

Volkswagen's Truck Unit IPO Signals Broader Restructuring Volkswagen has valued its heavy-truck business at about $18.6 billion in an initial stock offering set for later this month, the first step in Chief Executive Herbert Diess’s plans to overhaul the sprawling automotive group....
17:26, 06/14/2019

Roche names new head of $13 billion diagnostics unit Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping down to focus on his expanded duties as interim head of Swiss engineering group ABB....
13:00, 06/11/2019

Scientist Dream of a Future Where Your AC Unit Sucks Carbon Out of the Sky Air conditioners require lots of energy to run, meaning they result in lots of greenhouse gas emissions. But maybe they don’t have to? In a recently published Nature paper, researchers with the Institute for Micro Process Engineering in Germany have ...
00:52, 05/07/2019

Preparing to sue, ex-Boy Scouts recall abuse by unit leaders NEW YORK (AP) — Hundreds of men across the U.S. are signing up with lawyers to sue the Boy Scouts for damages related to sex abuse they claim to have suffered at the hands of scout leaders. The expected wave of litigation poses a financial threat to ...
16:39, 05/27/2019

GM's self-driving unit is close to receiving a $2.25 billion boost It took more than a year, but GM's self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to Reuters that the Committee on Foreign Investment in the US (CFIUS) had approved SoftBank's $2.25 billion in...
03:52, 07/07/2019

| Eiffel Tower climber 'admitted to psychiatric unit' A man, believed to be Russian, who sparked a mass evacuation of the Eiffel Tower by scaling the iconic Paris landmark has been admitted to a psychiatric unit, legal sources said....
14:52, 05/22/2019

Australia to create new Pacific military unit in bid to woo the region Australia will create a new military unit dedicated to training and assisting Pacific allies, Defence Minister Linda Reynolds said on Tuesday, as Canberra accelerates plans to undercut Chinese influence in the region....
08:26, 07/23/2019

AT&T reportedly considers offloading its DirecTV satellite unit AT&T made much ado of its $48.5 billion acquisition of DirecTV, but it's apparently having second thoughts just a few years later. Wall Street Journal sources claim the telecom is considering "parting" the DirecTV satellite unit through a n...
09:52, 09/19/2019

Manulife profit beats on strength in Asia unit Canada's largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by strength in Asia unit, its biggest....
04:00, 08/08/2019

EXPLAINER-U.S.-China trade talks: where they are and what's at stake Senior U.S. and Chinese officials are meeting in Washington on Thursday and Friday in an attempt to settle their ongoing trade war, but a lasting peace seems elusive....
00:00, 09/20/2019

Protests in Albania: Its democracy and EU future at stake Albania's opposition parties hold their latest anti-government protest Saturday with a strong likelihood that it will turn violent, dealing another blow to the country's shrinking hopes that the European Union will agree to launch full membership neg...
18:52, 06/07/2019

Starbucks Takes Stake in Tech Company Starbucks said it is taking a stake in a digital technology company called Brightloom to speed up its offering of mobile ordering and payment options at its global stores to improve customer convenience....
04:26, 07/23/2019

Volkswagen says it is not interested in buying a Tesla stake Volkswagen on Thursday denied a media report which suggested that the German carmaker was interested in buying a stake in United States electric car manufacturer Tesla....
17:13, 08/22/2019

Why every US company has a stake in Bed Bath & Beyond's heated boardroom war Bed Bath & Beyond's board of directors is now majority female, more diverse and younger. But its activist investors are worried they lack the relevant skills and retail experience they need to turn around the struggling retailer....
17:52, 05/09/2019

JP Morgan clicks on stake with ex-Barclays chief JP Morgan Chase, America's biggest lender, is close to buying a stake in the banking venture founded by ex-Barclays chief Antony Jenkins, providing a shot in the arm for Britain's financial technology sector....
00:00, 06/27/2019

Hagerty sells 25% stake to Markel Corp. for $212.5M The insurance and lifestyle company said the investment would increase its pace of growth, and that it would remain substantially privately owned and based in Michigan....
18:00, 08/08/2019

Volkswagen not interested in buying Tesla stake Volkswagen said on Thursday it was not interested in taking a stake in Tesla , denying a media report that CEO Herbert Diess wanted to buy shares in the U.S. company to access its software and batteries technology....
17:13, 08/22/2019

Amazon buys Disney’s stake in YES Network Disney just sold its stake in the New York Yankees’ pay-TV service to a group that includes Amazon. The film and entertainment giant on Thursday sold its 80% interest in the YES Network to an investment group led by the Yankees and Sinclair Broadcast...
03:39, 08/31/2019

Italy open to taking stake in FCA-Renault tie-up Renault's board is meeting today to review Fiat's proposal after failing to come to a decision Tuesday. Its directors are examining in detail a preliminary merger agreement hammered out over the past days....
18:52, 06/05/2019

Explainer: What's at stake for Libya's oil as conflict flares? Eastern-based Libyan forces led by Khalifa Haftar launched an offensive in April on the capital Tripoli in the west that has plunged the oil-producing nation into a new bout of conflict....
20:13, 04/29/2019

Funds power up stake in £6bn UK nuclear fleet A consortium of infrastructure funds is in advanced talks to buy a stake in the UK's £6bn ageing fleet of nuclear power stations amid growing concerns about their reliability....
21:26, 09/14/2019

Explainer: U.S.-China trade talks - where they are and what's at stake U.S. President Donald Trump and Chinese President Xi Jinping agreed this week to meet at the G20 summit in Japan in late June to discuss how to end a nearly year-long trade war....
20:26, 06/20/2019

EXPLAINER-What's at stake for Libya's oil as conflict flares? Eastern-based Libyan forces led by Khalifa Haftar launched an offensive in April on the capital Tripoli in the west that has plunged the oil-producing nation into a new bout of conflict....
17:13, 04/29/2019

Third Point buys stake in Ray-Ban maker EssilorLuxottica Third Point, the US hedge fund that has pushed for changes at companies ranging from Nestle to Campbell Soup, has amassed a stake in Ray-Ban maker EssilorLuxottica, people familiar with the matter said on Sunday. Third Point, run by billionaire inves...
18:26, 08/26/2019

Reliance Industries To Buy 87.6% Stake In Fynd For Rs 295 Crore Fynd provides technology platform and solutions to merchants to manage their inventory and sales across multiple demand channels for consumers, including e-commerce platforms....
04:13, 08/06/2019

Oak Furnitureland spreads roots with stake sale Oak Furnitureland, one of Britain's largest privately owned furniture retailers‎, has drafted in advisers to explore options for funding an expansion programme a decade after its first store opened....
20:13, 06/24/2019

What’s at Stake and at Risk in U.S.-Japan Trade Talks Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.  More than two years after U.S. President Donald Trump walked away from a regional Asia-Pacific trade......
14:26, 08/26/2019

At stake in the NBA Finals: The title of ‘best player in the league’ For the first time in eight years, LeBron James isn't in the NBA Finals. His mantle as the game's top player is up for grabs, and three stars could make compelling cases....
21:13, 05/29/2019

Tencent in Talks for Stake in Universal Music Tencent is negotiating to buy 10% of Universal, the world’s largest music company, for about $3.36 billion, a deal that would strengthen the Chinese internet giant’s growing clout in the global record industry....
23:26, 08/06/2019

Huawei's $105 billion business at stake after U.S. broadside The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world's top supplier of telecoms network equipment....
14:39, 05/16/2019

VW denies report of interest in Tesla stake A German business magazine reported VW CEO Herbert Diess is interested in buying a stake in Tesla. The automaker said the report is "without merit."...
06:00, 08/23/2019

SoftBank may need to write down its stake in WeWork, Bernstein says SoftBank could be forced to write down its multibillion-dollar investment in WeWork if the company fetches an IPO valuation below $25 billion, analysts at Bernstein said....
00:39, 09/11/2019

UK chemical giant Ineos to buy £1.6bn Saudi stake The petrochemical company founded by Britain's richest man Sir Jim Ratcliffe has said it will buy a £1.6bn ($2bn) stake in a plant complex in Saudi Arabia....
17:52, 06/03/2019

Air Force certifies first field unit for 3D printing of aircraft parts The U.S. Air Force on Monday announced it has certified the 60th Maintenance Squadron with an industrial-sized 3D printer and its first project, the replacement of latrine covers on the C-5M Super Galaxy....
22:39, 08/19/2019

Mahindra Rolls Out 15 Lakh Unit Of The Bolero Pick Up Range The company is the leader in the pick-up segment for over two decades and with the move to BS6 in April 2020, the company aims to bring in better technology and new products into the country....
21:00, 08/19/2019

CPUC to consider penalty on Sempra's SoCalGas unit for 2015 leak The California Public Utilities Commission (CPUC) said on Thursday it has opened an investigation to consider penalties against SoCalGas, a unit of Sempra Energy, for a massive, four-month-long gas leak near Los Angeles in 2015....
07:13, 06/28/2019

Brazil's Petrobras received three binding offers for LPG unit- sources Brazil's state-controlled oil company Petroleo Brasileiro SA received three binding offers last Friday to sell its LPG distribution unit Liquigas Distribuidora SA, two sources with knowledge of the matter said on Monday, asking for anonymity to discl...
18:13, 08/19/2019

Ikea doubles down on smart home tech with new business unit Ikea’s smart home investments to date have been smart but scattered – now the Swedish home goods brand says it’s going to amp up its smart home bets with a brand new dedicated business unit. The company’s smart home endeavors began ...
23:52, 08/17/2019

United Technologies is Said to Near Deal to Merge Aerospace Unit With Raytheon United Technologies is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon and form a new company worth well over $100 billion....
14:13, 06/09/2019

French tussle erupts for control of British Steel unit A division of British Steel, the ailing Scunthorpe-based industrial group, is at the centre of a takeover tussle between two French rivals, days before a deadline for offers for the company....
13:00, 06/28/2019

Alphabet unit to make drone deliveries for Walgreens, FedEx in the U.S. Alphabet Inc's aviation unit Wing said on Thursday it has partnered with Walgreens Boots Alliance Inc and FedEx Corp for deliveries directly to homes in Virginia using drones, beginning next month....
20:26, 09/19/2019

Rep. Duncan Hunter says his unit ‘killed probably hundreds of civilians’ in Iraq The California Republican’s remarks in a podcast interview are his latest eyebrow-raising comments since being charged in 2018 with spending campaign funds on personal expenses....
03:39, 06/04/2019

Cummins makes offer for VW's large engines unit: sources United States-based diesel engines maker Cummins has made an indicative offer for Volkswagen's MAN Energy Solutions unit, people close to the matter said, as the carmaker seeks to slim down its portfolio of disparate assets....
21:00, 07/19/2019

Cummins makes offer for VW's large engines unit, report says Volkswagen is reviewing all options for its MAN Energy Solutions business as part of its restructuring and has engaged in talks with other potential bidders, according to Reuters. ...
22:26, 07/19/2019

Walmart to pay $144 mln to settle SEC charge over Brazil unit corruption claim Walmart Inc has agreed to pay a penalty of over $144 million to settle charges by the U.S. markets regulator that its Brazilian unit violated the Foreign Corrupt Practices Act, according to regulatory filings....
22:26, 06/20/2019

Cummins Makes Offer For Volkswagen's MAN Engines Unit: Report United States-based diesel engines maker Cummins has made an indicative offer for Volkswagen's MAN Energy Solutions unit, people close to the matter said, as the carmaker seeks to slim down its......
17:26, 07/20/2019

VW to float 10% of truck unit, seeks to raise 1.9 billion euros Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake....
19:52, 06/14/2019

General Dynamics' IT unit wins $2 bln contract from US Department of State General Dynamics Corp said on Tuesday it won a $2 billion contract to continue supporting global security, engineering and supply chain missions for the U.S. Department of State....
19:13, 07/09/2019

Vehicles, equipment of new U.S. rotational unit arrive in South Korea Vehicles and other equipment of a new rotational U.S. Army unit have arrived in South Korea to replace its predecessor set to complete a nine-month mission here, the Eighth Army said Friday....
15:26, 06/14/2019

Citi's Mexican unit expects interest rate cut in September Citibanamex, the Mexican unit of Citigroup Inc, said on Thursday that its latest poll of analysts forecast that Mexico's central bank will cut its benchmark overnight lending rate by 25 basis points to 7.75% at its Sept. 26 meeting....
04:00, 09/06/2019

GM's Driverless-Car Unit Cruise Delays Robot-Taxi Service General Motors’ driverless-car business, Cruise, will delay the roll out of an autonomous ride-hailing service scheduled for late this year, underscoring the difficulty of safely deploying robotic vehicles on public roads....
17:13, 07/24/2019

Cruise, GM's Driverless-Car Unit, Delays Robot-Taxi Service General Motors’ driverless-car business, Cruise, will delay the roll out of an autonomous ride-hailing service scheduled for late this year, underscoring the difficulty of safely deploying robotic vehicles on public roads....
20:39, 07/24/2019

Malaysia aims to recover nearly $1 billion paid out by former 1MDB unit Malaysia is pursuing civil action to recover about 4 billion ringgit ($954.65 million) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund under investigation for money laundering, the finance minister said on Wednesday....
12:26, 09/04/2019

Air Force Chief's Squadron To Be First Rafale Combat Aircraft Unit The first Rafale is expected to be handed over to the Indian Air Force in September 2019 but it would be required to undergo intensive 1,500 hours of testing to validate the India Specific......
11:26, 05/29/2019

Rep. Duncan Hunter: Iraq unit 'killed probably hundreds of civilians' California Republican Rep. Duncan Hunter said that as an artillery officer, his unit "killed probably hundreds of civilians" during his 2004 tour in Fallujah, Iraq....
17:52, 06/03/2019

Macquarie's MEIF 6 Fibre unit to buy UK telecoms firm KCOM Macquarie unit MEIF 6 Fibre Ltd is to buy KCOM Group Plc in a deal that values the British telecoms company at 627 million pounds ($787.5 million), ending a bidding war with a UK pension fund....
20:52, 07/12/2019

Alibaba reshuffles management; CFO Wu to oversee strategic investment unit China's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant....
08:39, 06/18/2019

Rhyme and punishment: Inside the NYPD’s secret, sprawling ‘Rap Unit’ Remy Ma thrilled the hundreds of fans who packed Irving Plaza last year for a concert that featured surprise cameo appearances by more than a half-dozen other New York rappers. The parade of guest stars climaxed with an appearance by Grammy winner Li...
13:52, 05/31/2019

Alibaba reshuffles management, says CFO Wu to oversee strategic investment unit China's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will move to oversee the firm's strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant....
09:26, 06/18/2019

VW will invest $2.6B for equal share in Ford unit Argo, report says Volkswagen Group will invest $2.6 billion into Ford's self-driving unit Argo AI to make the two automakers equal stakeholders of the venture, Reuters reported....
13:39, 07/12/2019

Brazilian cosmetics firm Natura to create Singapore unit Brazil's Natura Cosmeticos SA is creating a subsidiary to manage its Singapore operations, the company said on Monday, as the global cosmetics firm seeks to boost its sales in East Asia....
02:39, 09/17/2019

Kellogg to take $35 million pretax hit on North America unit revamp Kellogg said on Tuesday it would take a pretax charge of about $35 million to restructure its North American business following the sale of its popular Keebler biscuits brand and other assets....
00:39, 06/19/2019

Unit Of Anil Ambani's Reliance Communications Files For Bankruptcy Anil Ambani has been waging a war on debt, and Reliance Group has said that it planned to raise about Rs 21,700 crore by selling assets from roads to radio stations in a bid to cut borrowings....
11:26, 09/16/2019

Fresenius drops possible sale of blood transfusion unit - spokesman German health care group Fresenius has abandoned plans to sell its blood transfusion business, a spokesman said on Sunday, confirming a German media report....
02:26, 09/16/2019

MOVES-Societe Generale's CIB unit appoints head of M&A for France Societe Generale SA's corporate and investment banking unit (CIB) said on Monday it had appointed Patrick Perreault as head of mergers and acquisitions at its corporate finance division in France....
14:00, 06/03/2019

ArcelorMittal's South Africa unit to face emissions charges ArcelorMittal's South African unit said on Monday it had received a summons instituting criminal proceedings for three charges relating to transgressions of its atmospheric emissions license at its Vanderbijlpark operations....
16:13, 06/03/2019

Amazon's India unit sees 56 pct rise in export merchants Amazon.com Inc's India unit saw a 56 percent rise in the number of local merchants selling to international markets, hitting export sales of over $1 billion, the company said on Tuesday....
12:39, 04/30/2019

Siemens unit wins $829 million U.S. defense contract -Pentagon Siemens Government Technologies Inc, a unit of Siemens AG, has been awarded an $829 million contract for energy savings and performance measures at the U.S. naval base in Guantanamo Bay, Cuba, the Pentagon said on Thursday. (Reporting by Mohammad Zar...
02:00, 07/26/2019

Norris to start German GP from 19th place after power unit changes Lando Norris will start from 19th position in the German Grand Prix after the McLaren Formula 1 driver changed power unit components following battery problems in qualifying...
20:13, 07/28/2019

Logistics unit of JD raises 1.5 billion yuan investment fund Chinese e-commerce giant JD.com's logistics division has raised a 1.5 billion yuan ($218 million) fund to invest in companies and technologies specializing in logistics, the company said on Monday....
14:52, 06/24/2019

Budweiser Asia Unit Cracks Open 2019's Biggest IPO The Asia-Pacific unit of Anheuser-Busch InBev is seeking to raise as much as $9.8 billion in what could be the biggest-ever listing of a food or drink company....
09:52, 07/02/2019

Odebrecht's construction unit and bondholders agree to 55% discount -report Odebrecht's construction unit OEC has signed an agreement with bondholders to restructure its debt with a 55% discount, Brazilian newspaper Valor Economico reported on Friday....
11:52, 08/31/2019

Hundreds of jobs saved as British Steel unit sold Hundreds of jobs at a British Steel subsidiary will be saved on Friday when a French engineering giant confirms the acquisition of TSP Projects, an infrastructure design consultancy....
22:26, 08/29/2019

Army fights fake news with propagandists and hackers in one unit Cyber and intelligence experts unite to battle disinformation as character of warfare changesComputer hackers and propaganda specialists working in the British army are to be placed in a single division, as part of a reorganisation designed to reflec...
08:13, 08/01/2019

Israel investigates hydrocarbon leak at Oil Refineries unit Gadiv Israel's Oil Refineries (ORL) said on Monday it had been informed of an investigation by the Ministry of Environmental Protection at its Gadiv Petrochemical Industries unit....
17:13, 05/20/2019

China’s Didi Chuxing spins off autonomous driving unit Chinese ride-hailing giant Didi Chuxing has decided to move more aggressively to develop its technology by spinning out its self-driving car unit.Read More...
17:26, 08/05/2019

Brazil's Itaúsa in talks with Petrobras to acquire LPG unit- filing Brazilian investment firm Itausa Investimentos SA delivered the highest bid and entered talks with state-controlled oil firm Petroleo Brasileiro SA on the contract to acquire LPG distribution unit Liquigas, the company said in a securities filing on ...
17:39, 08/26/2019

Lower growth in one key U.S. metric could hurt Apple's most profitable unit As iPhone sales turn sluggish, Apple is counting more and more on the installed base of iPhones for revenue growth. To make this transition from hardware sales to work, Apple has aggressively expanded its Services unit by adding Apple News+, Apple TV...
04:52, 05/17/2019

Equinor's power and gas trading unit expands to the United States Danske Commodities, a power and gas trading firm owned by oil major Equinor , has expanded its operations to the United States, completing its first trade on the PJM wholesale power market, it said on Thursday....
09:39, 08/08/2019

Walmart's Mexico unit springs into same-day delivery, taking on Amazon Walmart Inc's Mexico unit has begun offering delivery within three hours for certain home and tech products ordered online, it said on Monday, taking another step to try to best e-commerce rival Amazon.com Inc at speedy shipping....
03:13, 09/03/2019

Unit at Philadelphia refinery completely destroyed in fire: sources The alkylation unit at Philadelphia Energy Solutions Inc's oil refinery was destroyed in a fire that ripped through the East Coast's largest refinery last week, damage that will hamper the normal production of fuel, people familiar with the matter sa...
20:39, 06/23/2019

Insys to pay $225 mln, unit to plead guilty to settle U.S. opioid charges Insys Therapeutics Inc agreed to pay $225 million and an operating unit agreed to plead guilty to five mail fraud counts to settle criminal and civil probes into its marketing of opioids, the U.S. Department of Justice said on Wednesday....
00:00, 06/06/2019

Australia is creating a unit to scrutinize Facebook and Google’s algorithms Australia is to establish the world’s first dedicated office to police Facebook and Google as part of reforms designed to rein in the U.S. tech giants.Read More...
06:26, 07/27/2019

Hori’s Grip Controller Turns The Switch Into An Absolute Unit The Nintendo Switch in handheld mode is essentially a game controller cut in half with a display wedged in the middle. Hori’s Daemon X Machina Grip controller, launching in September in Japan, is a more literal interpretation of the concept....
21:26, 06/13/2019

Apple Is Buying Intel's Modem Unit to Control Its 5G Destiny Apple said it is buying the Intel unit that makes smartphone modems. The deal allows the iPhone maker to further customize the components inside its devices....
02:39, 07/26/2019

Siemens unit wins $829 million U.S. defense contract: Pentagon Siemens Government Technologies Inc, a unit of Siemens AG, has been awarded an $829 million contract for energy savings and performance measures at the U.S. naval base in Guantanamo Bay, Cuba, the Pentagon said on Thursday....
04:00, 07/26/2019

Malaysia pursuing civil action to recover nearly $1 bln from former 1MDB unit Malaysia is pursuing civil action to recover about 4 billion ringgit ($954.65 million) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund under investigation for money laundering, the finance minister said on Wednesday....
10:26, 09/04/2019

Singapore's GIC Takes Stake in WaterBridge at $3 Billion Valuation Singapore sovereign-wealth fund GIC has bought a stake in WaterBridge Resources in a deal that values the Houston-based handler of oil-drilling wastewater at nearly $3 billion including debt, according to people familiar with the matter....
11:39, 05/17/2019

Pacifist constitution reform at stake as Japan goes to polls Japanese Prime Minister Shinzo Abe's ruling bloc was forecast to win a solid majority in an upper house election on Sunday that could determine whether his dream of revising the post-war, U.S.-drafted pacifist constitution can be kept alive....
08:00, 07/21/2019

Tencent in Talks to Buy Stake in Universal Music Group Chinese internet giant Tencent is negotiating to buy 10% of Universal Music Group, one of the world’s largest music labels, from Vivendi—a deal that would value the stake at $3.36 billion....
11:26, 08/06/2019

Government To Divest 15% Stake In RITES India In July The stake sale would augment the government's stake sell-off kitty for the current fiscal by Rs 700-Rs 750 crore at the prevailing price of RITES shares....
18:13, 05/15/2019

A Billboard No. 1 Is at Stake, So Here’s an Album With Your Taylor Swift Hoodie About half the 39 titles that topped the charts last year were sold as part of ticket or merchandise “bundles.” Now even some who benefited from the strategy are complaining....
05:00, 06/10/2019

China's contentious stake in Zambia's broadcast media To help switch from analogue to digital TV, Zambia did a deal with a Chinese media conglomerate. Now, Zambian media owners are complaining that locals can watch Chinese kung fu movies but have limited local programming....
23:26, 07/05/2019

EXPLAINER-What is at stake with Turkey's Russian air defence deal? Turkey took its first deliveries of the Russian S-400 air defence system on Friday, a development likely to trigger U.S. sanctions on Ankara and escalate tensions between Turkey and its Western partners in the NATO military alliance....
15:39, 07/12/2019

UPS buys stake in self-driving truck startup TuSimple The investment by UPS Ventures underscores bets that autonomous vehicle technology can expand more rapidly in commercial vehicles than in self-driving taxis....
07:26, 08/16/2019

Amazon close to buying a stake in UK's Deliveroo: Sky News Amazon.com Inc is in talks to invest hundreds of millions of pounds in UK food delivery app Deliveroo as part of a $575 million fundraising, Sky News reported on Thursday, citing sources....
04:26, 05/17/2019

Explainer: What is at stake with Turkey's Russian air defense deal? Turkey took its first deliveries of the Russian S-400 air defense system on Friday, a development likely to trigger U.S. sanctions on Ankara and escalate tensions between Turkey and its Western partners in the NATO military alliance....
18:00, 07/12/2019

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderman Thompson funds to cut debt and rebuild....
19:52, 07/12/2019

Hedge fund-owned MNG reduces stake in Gannett to 4.2% Alden Global Capital's MNG Enterprises Inc., which launched a bid to acquire Gannett Co. in January, has reduced its stake in the company from 7.5%        ...
10:00, 05/23/2019

GM CEO to United Auto Workers: 'Our collective future is at stake' General Motors CEO and Chairman Mary Barra on Tuesday pleaded for United Auto Workers union leaders to assist, not hinder, the company's ongoing restructuring efforts to better position GM for the future....
21:13, 07/16/2019

Virgin Active owner limbers up for stake sale The South African owner of Virgin Active is preparing to sell a stake in the health and fitness clubs chain four years after taking majority control of the business....
15:26, 08/03/2019

Longtime investor Lampert boosts stake in AutoNation Former Sears CEO Eddie Lampert is accumulating AutoNation shares while Microsoft founder Bill Gates remains the dealer group's largest shareholder -- even after selling more than a million shares....
00:52, 05/17/2019

There's More At Stake With Fashion's Gender-Fluid Movement Than You Realise “The industry must make a more substantial investment in the lives – and not simply the looks – of the broader trans&gnc community,” says Wren Sanders...
11:14, 08/11/2019

L&G snaps up Woodford stake in Push Doctor-backer The embattled fund manager Neil Woodford is close to offloading another of his firm's assets by striking a deal to sell a big stake in a backer of Push Doctor, the GP-on-demand service....
01:39, 08/14/2019

Activist Gatemore snaps up Moss Bros stake An activist fund manager which pressed for a break-up of French Connection has turned its attention to another fashion chain by snapping up a 10% stake in Moss Bros, the suit-hire specialist....
19:26, 06/09/2019

Aston Martin's Biggest Investor Offers To Buy Another 3% Stake Aston Martin has struggled since it listed in October last year. Its shares, down 21 per cent so far this year, closed Thursday at 963 pence, valuing the business at 2.18 billion pounds....
12:00, 07/19/2019

Naspers Listing Looks to Unlock Value in $122 Billion Tencent Stake Africa’s most valuable company said it will move forward with plans to list its massive internet assets in Amsterdam, a bid to reduce the discount its shares trade at relative to the value of its $122 billion stake in Tencent....
13:52, 05/29/2019

Hyundai, Kia buy stake in electric supercar company Rimac Hyundai and sister company Kia have bought a stake in the Croatian electric supercar maker Rimac, whose EV technology has already attracted investment from Porsche....
14:52, 05/15/2019

Buffett's Berkshire unveils $861 million Amazon stake Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos....
00:26, 05/16/2019

Planned Parenthood funding in Texas at stake in hearing NEW ORLEANS (AP) — A federal appeals court is about to again take up the issue of whether and how states can cut off federal Medicaid funding for Planned Parenthood. A federal district judge blocked Texas’ effort to stop Planned Parenthood fund...
07:13, 05/14/2019