Twitter in talks to buy online music firm SoundCloud: FT
(Reuters) – Microblogging platform Twitter Inc has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter.
Siemens would keep stake in Alstom trains combination: executive
PARIS (Reuters) – German engineering group Siemens would keep a minority stake in any enlarged Alstom train-making business should its plan to buy the French company’s power turbines arm work out, the head of Siemens France told a French newspaper.
Ex-Hong Kong official took secret payments from tycoons, trial told
HONG KONG (Reuters) – Prosecutors in Hong Kong’s largest corruption trial opened their case on Thursday with details of what they described as “concealed and disguised” payments made to a former top civil servant by property tycoons seeking government …
Euro hostage to ECB ability to surprise, China a distraction
SYDNEY (Reuters) – Asian share markets grudgingly gave ground on Thursday while the euro flatlined at $1.3600, hostage to great expectations that the European Central Bank will finally end months of dithering by easing policy further.
Stocks at a record, but bonds look to break bad first
NEW YORK (Reuters) – U.S. stock and bond markets have risen in tandem all year as investors in each found reasons to support their views: stocks are up on signs the economy is improving, and bonds have gained on expectations for low inflation and relat…
Welcome back dropouts: data suggests Americans rejoining workforce
WASHINGTON (Reuters) – For the first time in six years, the share of people who either have a job or are looking for one is on the rise in a majority of U.S. states, a sign one of the deepest scars of the economic crisis could be healing.
GM recall probe to clear senior execs, finds no concerted coverup: WSJ
(Reuters) – An internal probe of General Motors Co’s GM.N delay in recalling cars with defective ignition switches linked to at least 13 deaths is expected to conclude there was no concerted coverup and clear senior management of blame, the Wall Street…
Exclusive: India likely to ease restrictions for foreign online retailers in July
MUMBAI/NEW DELHI (Reuters) – India could allow global online retailers such as Amazon.com Inc AMZN.O to sell their own products as early as next month, removing restrictions that have held back competition in one of the world’s biggest, and most price-…
Exclusive: Deutsche Bank cap hike delay due to court bottleneck – sources
FRANKFURT (Reuters) – Deutsche Bank’s plans for an 8 billion euro ($11 billion) capital hike came to an abrupt halt on Wednesday when a procedural bottleneck in a German court forced Germany’s flagship lender to delay the issue by several days.
As IPO nears, Alibaba prepares employees for $40 billion windfall
HONG KONG (Reuters) – As Alibaba prepares for what could be the biggest tech company IPO to date, the Chinese e-commerce giant has been counseling employees on how to deal with the roughly $41 billion they could unlock through a New York listing.
