Analysis: Disney goes to Infinity to turn around gaming unit
(Reuters) – When Walt Disney Co introduced its latest video game, Infinity, to the gaming faithful this week at the annual E3 gaming conference, it rented a Los Angeles movie theater to show 30-minute clips of upcoming films and hosted a party with the…
Apple unveils music streaming service, revamps iOS
SAN FRANCISCO (Reuters) – Apple Inc unveiled a music streaming service called iTunes Radio and new mobile software on Monday, in the biggest redesign of its operating system since the original iPhone was introduced in 2007.
Bank of Japan stands pat, leaves door open for market calming steps
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said the central bank will consider fresh steps to calm markets if borrowing costs spike again in the future, but the central bank held off on new measures on Tuesday arguing that bond markets ha…
Global shares, dollar dip as BOJ disappoints
LONDON (Reuters) – The yen jumped against the dollar, shares sagged and German Bund prices followed Japanese bonds lower on Tuesday after the Bank of Japan disappointed investors by deciding not to implement further stimulus measures.
Miles Electric Vehicles files for bankruptcy
(Reuters) – U.S. electric car manufacturer Miles Electric Vehicles filed for chapter 11 bankruptcy protection early on Tuesday, court documents showed, highlighting the difficulties faced by battery-powered vehicles in gaining wide market acceptance.
Orange CEO held for further questioning in Tapie case
PARIS (Reuters) – A French prosecutor decided on Tuesday to hold Orange CEO Stephane Richard for further questioning about his role in a 285 million euro ($376 million) payout made to businessman Bernard Tapie, a source close to the investigation said….
Positive Virtus float breathes life into Australian IPO market
SYDNEY (Reuters) – Australia’s Virtus Health Ltd became the first in-vitro fertilization company in the world to list, hitting the boards at a 7 percent premium to its offer price and sparking hope of renewed life in the country’s stalled initial publi…
Petronas sees $20 billion investment in its Canadian LNG project
KUALA LUMPUR (Reuters) – Malaysian state oil and gas firm Petronas expects investment of $20 billion in its west Canada liquefied natural gas (LNG) export project that aims to meet growing demand in Asia, a senior company official said on Tuesday.
Cyprus to probe troubled lender’s Russian acquisition
NICOSIA (Reuters) – Cyprus’s most senior legal official will investigate the circumstances of troubled lender Bank of Cyprus’s acquisition of a small Russian bank in 2008, authorities said on Tuesday.
Electric car maker Miles Electric Vehicles files for bankruptcy
(Reuters) – U.S. electric car manufacturer Miles Electric Vehicles filed for chapter 11 bankruptcy early on Tuesday, court documents showed.
