LinkedIn prices follow-on offering to raise $1.2 billion for expansion
(Reuters) – LinkedIn Corp on Wednesday said it was pricing its follow-on offering of 5.4 million class A shares at $233.00 per share.
Samsung and Qualcomm make foray into smartwatch market
BERLIN/SEOUL (Reuters) – Samsung Electronics Co Ltd and Qualcomm Inc unveiled smartwatches on Wednesday, tapping a potential “wearables” market worth an estimated $50 billion as the high-end mobile phone market becomes saturated.
New Bombardier jet readied for possible weekend debut: sources
PARIS (Reuters) – Canada’s all-new Bombardier CSeries passenger jet is being readied for a long-awaited maiden flight as early this weekend, possibly on Sunday, two industry sources said.
Exclusive: NY regulator probes European banks over Turkish family
NEW YORK (Reuters) – New York’s state banking regulator has ordered local branches of half a dozen European banks to turn over details of their transactions with a Jordanian bank, along with documents related to Turkey’s Uzan family, the subject of a s…
ECB’s Draghi seen pushing credibility of low rates promise
FRANKFURT (Reuters) – Keeping rates on hold will be the easy part of the European Central Bank meeting on Thursday: the harder job will be chief Mario Draghi having to balance talking up euro zone recovery and talking down market rates.
European insurers spent 9 billion euros on regulation: report
LONDON (Reuters) – Europe’s insurers spent up to 9 billion euros ($11.9 billion) between 2010 and 2012 as they struggled to meet standards set in a barrage of regulation introduced since the financial crisis, a report published on Thursday said.
Robust auto sales keep economy on steady growth path
WASHINGTON (Reuters) – The U.S. economy appears to be faring better in the third quarter than analysts had feared with automakers reporting surprisingly strong August sales on Wednesday, helping to buoy expectations of a pullback in monetary stimulus a…
Bank of England likely to pause after Carney changes
LONDON (Reuters) – The Bank of England is expected to take a breather when it announces its latest policy decision on Thursday after a hectic couple of months under new governor Mark Carney which has seen the economy show fresh signs of life.
Chesapeake New York gas lease deal expected next week
NEW YORK (Reuters) – Chesapeake Energy Corp will finalize an agreement next week to drop about 12,000 acres of land leased for energy drilling in New York state, as a moratorium on fracking continues into its sixth year.
Delta chooses Airbus over Boeing for 40-plane order
WASHINGTON (Reuters) – Delta Air Lines Inc announced an order for Airbus jets on Wednesday worth almost $6 billion at list prices, softening its reliance on Boeing for the first time in two decades as it looks for plane bargains.
