Facebook reports surge in government requests for data
SAN FRANCISCO/BANGALORE (Reuters) – Facebook Inc said content restrictions and government requests for data surged in the first half of 2015, which the social network has seen continually increase since it began publicly releasing such data two years a…
Wall Street ends lower as oil and retailers weigh
(Reuters) – U.S. stocks finished lower on Wednesday after investors sold oil companies and dumped brick-and-mortar retailers after a disappointing forecast from Macy’s.
Volkswagen sets end-November deadline for diesel cheat whistleblowers: Sueddeutsche
FRANKFURT (Reuters) – Volkswagen has set an end-November deadline for its whistleblower programme meant to encourage staff to reveal to hired investigators what they know about the rigging of diesel emission tests, German newspaper Sueddeutsche Zeitung…
Valeant, Ackman must face U.S. insider trading lawsuit
(Reuters) – A U.S. judge said Valeant Pharmaceuticals International Inc and activist hedge fund manager William Ackman must face a lawsuit accusing them of insider trading in Allergan Inc before making an unsuccessful takeover bid for the maker of Boto…
Alibaba’s Singles’ Day sales surge 60 percent to $14.3 billion
BEIJING (Reuters) – Alibaba Group Holding Ltd’s total value of goods transacted during its Singles’ Day shopping festival was 91.2 billion yuan ($14.32 billion), the Chinese e-commerce giant said in Beijing on Thursday.
Icahn hires property broker CBRE to sell Fontainebleau Las Vegas
(Reuters) – CBRE Group Inc said it has been hired by billionaire investor Carl Icahn to sell Fontainebleau Resort Las Vegas, five years after taking control of the property.
Cisco, Ericsson reveal bigger ambitions for revenues in new partnership
BARCELONA (Reuters) – The $1 billion in added revenue Cisco and Ericsson each expect to see by 2018 from their new partnership to build next-generation networks is just the beginning, top executives said on Wednesday.
Oil down 3 percent to 2-1/2-month low on rising U.S. stockpiles
NEW YORK (Reuters) – Oil prices fell about 3 percent on Wednesday to their lowest since August on worries that U.S. government data will show a seventh weekly build in crude inventories.
Japan’s first passenger plane in 50 years makes maiden flight
TOKYO (Reuters) – Japan’s first commercial passenger plane in half a century made its maiden flight on Wednesday, in a breakthrough for the country’s long-held ambition to establish an aircraft industry able to challenge some of the major players in gl…
AB InBev launches SAB bid, to sell MillerCoors stake
BRUSSELS/LONDON (Reuters) – Anheuser-Busch InBev , the world’s biggest brewer, launched its $100 billion-plus offer for nearest rival SABMiller on Wednesday and agreed to sell the latter’s stake in U.S. venture MillerCoors to help win regulatory approv…
