SoftBank tender for Uber stake succeeds: WSJ
(Reuters) – A consortium led by SoftBank Group Corp will go ahead with the purchase of a major stake in Uber Technologies Inc [UBER.UL] after existing investors in the ride services company agreed to sell shares at a price that values the startup at $…
SoftBank succeeds in tender offer for large stake in Uber: WSJ
(Reuters) – SoftBank Group Corp has succeeded in its bid to buy a large stake in Uber Technologies Inc [UBER.UL] at a steep discount, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Tech, financial gains lift Wall Street
(Reuters) – Wall Street indexes rose slightly in thin holiday trading on Thursday, supported by gains in technology and financial stocks.
Citigroup to pay $11.5 million fines, compensation over errant stock ratings
NEW YORK (Reuters) – Citigroup Inc will pay at least $11.5 million in fines and restitution to settle charges it displayed the wrong research ratings on more than 1,800 stocks, causing many customers to own shares they never would have bought, a U.S. …
Apple, Epson face French legal complaints over allegedly shortening life of products
PARIS (Reuters) – Smartphone maker Apple and Japanese printer company Epson are facing legal complaints in France over allegedly speeding up the aging process of their products to stimulate demand.
Oil prices stay near high on strong U.S. refinery runs, China data
NEW YORK (Reuters) – Oil prices dipped on Thursday but stayed close to their highest in 2-1/2 years, as data showed strong demand for crude imports in China and on increased refining activity in the United States that drew more crude from inventories.
Wall Street lifted by gains in technology shares
(Reuters) – Wall Street’s main indexes were slightly higher in late morning trading on Thursday, helped by gains in technology stocks.
Brazil defense ministry opposes giving up Embraer control to Boeing
(Reuters) – Brazil’s defense minister voiced opposition on Thursday to selling control in Embraer SA to Boeing Co , saying the defense operations of the Brazilian planemaker cannot be separated from the commercial business.
U.S. natgas futures climb as storage withdrawals meet expectations
(Reuters) – U.S. natural gas futures surged on Thursday after federal data showed a storage withdrawal in line with market expectations.
Wall Street higher as tech stocks advance
(Reuters) – Wall Street’s main indexes rose in thin holiday trading on Thursday, helped by gains in technology stocks.
