Twitter CEO Costolo to make first China visit
SAN FRANCISCO (Reuters) – Twitter Inc CEO Dick Costolo will meet Shanghai government officials, academics and students in his first visit to China, signaling Twitter’s interest in cracking a lucrative but thorny market with 600 million Internet users.
Fannie, Freddie bill leaves status of private shareholders to courts
WASHINGTON (Reuters) – A draft bill to wind down government-run mortgage financiers Fannie Mae and Freddie Mac , released by two leading U.S. senators on Sunday, would leave a decision on how to treat their private shareholders to the courts.
Vodafone to buy Spain’s Ono for 7.2 billion euros: source
(Reuters) – Britain’s Vodafone has agreed to buy Spanish cable operator Ono for 7.2 billion euros ($10.03 billion) in a deal that is set to be announced on Monday, a person familiar with the matter told Reuters.
Global shares under pressure as diplomatic tensions rise on Crimea
TOKYO (Reuters) – Asian shares got off to a shaky start on Monday after citizens of Crimea overwhelmingly voted to break with Ukraine to join Russia, prompting the U.S. and the European Union to issue fresh warnings of imminent sanctions against Moscow…
RBS in advanced talks over resuming dividends: FT
(Reuters) – State-backed Royal Bank of Scotland is in advanced talks with the British government to buy back a “golden share,” which would enable the lender to resume paying dividends, the Financial Times reported.
In doubling yuan trading band, China aggravates foreign investor concerns
SHANGHAI (Reuters) – The Chinese central bank’s decision to relax its grip on the yuan has been welcomed as a sign of financial liberalization, but it is aggravating concerns among foreign executives and investors about their exposure to China in the n…
Fannie, Freddie bill leaves status of private shareholders to courts
WASHINGTON (Reuters) – A draft bill to wind down government-run mortgage financiers Fannie Mae and Freddie Mac , released by two leading senators on Sunday, would leave a decision on how to treat their private shareholders to the courts.
Markets on edge as Crimea votes to quit Ukraine
NEW YORK (Reuters) – U.S. stock investors will start the week on edge as markets worldwide react to the referendum that appears to back Russia’s claim to Ukraine’s Crimean peninsula, even if the vote result is not internationally recognized.
China may make the weather despite Fed and Ukraine
LONDON (Reuters) – A U.S. Federal Reserve meeting and Western sanctions on Russia will give financial markets plenty of pause for thought in the week to come but it could be China that sets the economic weather.
Berkshire opposes dividend proposal; Buffett, Gates get pay rises
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc has urged shareholders to vote against a proposal that it consider spending some of its $48.2 billion of cash on a “meaningful” dividend.