Priceline strikes deal with Cuba to let Americans book hotels
(Reuters) – Priceline Group has agreed with Cuba to make Cuban hotel rooms available to U.S. customers via subsidiary Booking.com, becoming the first U.S. online travel agency to strike a deal with the island state, a Booking.com executive said.
After a year, Carnegie Mellon and Uber research initiative is stalled
SAN FRANCISCO (Reuters) – More than a year after Uber announced a research pact with Carnegie Mellon University – and then hired away four of the institution’s faculty and 36 researchers and technicians – the ride-hailing company and university have no…
GM targets big jump in South Korea sales to alleviate production woes
YANGPYEONG, South Korea (Reuters) – General Motors Co said it is aiming to boost its South Korean sales by one fifth and attain market share of more than 10 percent, part of efforts to revive output at one of its key Asia production bases.
U.S. to offer China’s ZTE ‘temporary relief’ on export curbs: official
(Reuters) – The U.S. government plans to temporarily lift export curbs it imposed on Chinese telecom equipment and smartphone maker ZTE Corp for alleged Iran sanctions violations, a senior Department of Commerce official said.
GM’s China chief says Chinese car market to grow 3-5 percent/year till 2020
BEIJING (Reuters) – General Motors Co (GM) expects to see China’s car market to grow 3-5 percent every year until 2020, its China chief Matt Tsien said on Monday.
Sherwin-Williams paint company to buy Valspar for $9.3 billion
(Reuters) – The Sherwin-Williams Co has agreed to acquire rival U.S. paint company Valspar Corp , the companies said on Sunday, in an all-cash deal valued at about $9.3 billion.
For bank heist hackers, the Philippines was a handy black hole
MANILA (Reuters) – In February 2013, the Philippines was up against a deadline to amend its Anti-Money Laundering Act and get itself off the ‘grey list’ of a global watchdog, and lawmakers were bickering over whether to include casinos under the legisl…
Wilbur Ross to buy Nexeo from TPG for $1.6 billion: source
(Reuters) – Billionaire investor Wilbur Ross has reached a deal to buy Nexeo Solutions Holdings LLC, a distributor of plastic resins and chemicals, for roughly $1.6 billion, including debt, a person familiar with the matter told Reuters on Sunday.
FedEx shares could rise 15-20 percent over next year: Barron’s
(Reuters) – Shares of U.S. delivery services company FedEx Corp could rise another 15 to 20 percent over the next year after soaring 12 percent on Thursday, Barron’s reported on Sunday.
Brazil’s Agnelli, who turned Vale into top miner, dies in crash
SAO PAULO(Reuters) – Roger Agnelli, the Brazilian banker who turned Vale SA into the world’s No. 1 iron ore producer, died on Saturday in a plane crash. He was 56.
