Facebook director Andreessen’s firm sells a third of its shares
NEW YORK (Reuters) – Facebook Inc director Marc Andreessen’s venture-capital firm sold a third of its stake in the world’s No. 1 online social network, according to a recent regulatory filing.
Temasek, Hopu buy $213 million stake in Chinese dairy maker
HONG KONG (Reuters) – Singapore state investor Temasek Holdings and China-focused private equity firm Hopu were among five investors buying a $213 million stake in Yashili International Holdings Ltd , after parent China Mengniu Dairy Co Ltd sold down s…
RBS agrees 1,080 mortgages through UK’s ‘help to buy’ scheme
LONDON (Reuters) – State-backed Royal Bank of Scotland has agreed in principle mortgages with 1,080 customers since Britain’s flagship ‘Help to Buy’ housing stimulus program was launched a month ago.
Asian shares climb from four-week low, dollar up after U.S. jobs surprise
TOKYO (Reuters) – Asian shares edged away from a four-week low on Monday, and the dollar rose against the euro and yen as a surprise surge in U.S. jobs growth signaled the world’s largest economy was on a firmer footing.
Apple working on curved iPhone screens, enhanced sensors: report
(Reuters) – Apple Inc is developing new iPhone designs including bigger screens with curved glass and enhanced sensors that can detect different levels of pressure, Bloomberg reported on Sunday, citing a unnamed person familiar with the plans.
Deutsche Telekom buys GTS Central Europe for 546 million euros
FRANKFURT (Reuters) – Deutsche Telekom on Sunday said it had bought GTS Central Europe for 546 million euros ($729 million) in a deal which hands the German telecom operator a fiber optic fixed-line and infrastructure business in Eastern Europe.
France to borrow 4.5 billion euros by end-2013 to pay Credit Lyonnais debts
PARIS (Reuters) – France will borrow 4.5 billion euros ($6.0 billion) by the end of the year to settle debts from the collapse of the Credit Lyonnais bank, French Finance Minister Pierre Moscovici said on Sunday.
Global Economy: Surprise tactics sweep central banking
LONDON (Reuters) – After slashing interest rates to almost nothing and printing trillions of dollars, central banks are becoming increasingly reliant on another policy weapon: sucker punching markets.
UK’s Co-operative to scrap half-year dividend payouts
LONDON (Reuters) – The Co-operative Group will scrap dividend payments to its 7.6 million members to help pay for a 1.5 billion pound ($2.4 billion) rescue of its banking division.
JAL reports problem with 787 battery on Helsinki-Tokyo flight
TOKYO – (Reuters) – Japan Airlines Co Inc said that a Boeing 787 Dreamliner flight from Helsinki to Tokyo experienced problems with the same type of battery that caught fire in Boston in January and grounded the 787 fleet worldwide for three months.
