Alibaba rival JD.com files for U.S. IPO of up to $1.5 billion
(Reuters) – JD.com, China’s second-largest e-commerce company behind Alibaba Group Holding Ltd, said on Thursday it plans to raise up to $1.5 billion in an initial public offering in the United States.
Wireless mergers to invite scrutiny, says U.S. antitrust chief: NYT
(Reuters) – It will be difficult for the U.S. justice department to approve a merger between any of the top four U.S. wireless phone companies, said William Baer, assistant attorney general for the antitrust division, the New York Times reported.
Exclusive: Deutsche Bank suspends currency trader
NEW YORK (Reuters) – Deutsche Bank has suspended the head of its emerging markets foreign exchange trading desk in New York in connection with ongoing investigations into the alleged manipulation of the global currency market, a source familiar with th…
Global stocks slide amid emerging markets sell-off
LONDON (Reuters) – Global equities hit 2-1/2 month lows on Thursday after the U.S. Federal Reserve pushed ahead with reducing stimulus, raising concern about more emerging markets weakness and pushing investors towards safe-haven bonds.
Euro zone morale climbs as recovery strengthens
BRUSSELS (Reuters) – Optimism in the euro zone about its economic prospects continued to improve in January with a jump in morale in the bloc’s two largest economies, Germany and France.
China’s Lenovo steps into ring against Samsung with Motorola deal
BEIJING (Reuters) – Lenovo Group, the Chinese technology company that earns about 80 percent of its revenue from personal computers, is betting it can also be a challenger to Samsung Electronics Co Ltd and Apple Inc in the smartphone market.
Analysis: Only time will define Bernanke’s crisis-era legacy at Fed
(Reuters) – Ben Bernanke did not hesitate when asked whether he was confident that his signature response to the Great Recession would work.
Shell to cut spending, sell assets after profit warning
LONDON (Reuters) – Anglo-Dutch oil company Royal Dutch Shell plans to sell assets, cut spending and freeze a controversial Arctic drilling program to improve returns after a major profit warning.
EU court adviser supports crackdown on MasterCard fees
LUXEMBOURG (Reuters) – MasterCard suffered a blow on Thursday in a five-year fight against an EU ban on cross-border card fees, as an adviser to Europe’s top court backed regulators’ efforts to cut card costs.
EU court adviser rejects Mastercard’s appeal on card fees
LUXEMBOURG (Reuters) – An adviser to Europe’s top court rejected on Thursday an appeal by MasterCard against a European Union ban on its cross-border card fees.
