Business & Finance News

SoftBank’s Son confirms Walmart to acquire India’s Flipkart
TOKYO (Reuters) – U.S. retail giant Walmart Inc is acquiring Indian e-commerce player Flipkart, SoftBank Group chief executive Masayoshi Son said on Wednesday.
Business & Finance News
TOKYO (Reuters) – U.S. retail giant Walmart Inc is acquiring Indian e-commerce player Flipkart, SoftBank Group chief executive Masayoshi Son said on Wednesday.
LONDON (Reuters) – Vodafone has agreed to pay $21.8 billion to buy Liberty Global’s assets in Germany and eastern Europe to take on rivals with a broader range of superfast cable TV, broadband and mobile services.
LONDON (Reuters) – Crude oil prices jumped back to 3-1/2-year highs on Wednesday after President Donald Trump pulled the United States out of an international nuclear deal with Iran, while the dollar continued its tireless ascent and world stocks held steady.
(Reuters) – Six Democratic U.S. senators have asked billionaire investor Carl Icahn and Environmental Protection Agency Administrator Scott Pruitt to explain how an Icahn-owned refinery secured a valuable EPA exemption from the nation’s biofuels law.
SEOUL (Reuters) – South Korea’s Korea Aerospace Industries Ltd (KAI) said on Wednesday it had paid $150,000 for consulting services on accounting matters to a firm set up by U.S. President Donald Trump’s private lawyer Michael Cohen.
PARIS/FRANKFURT (Reuters) – Major European companies including carmaker PSA , plane manufacturer Airbus and Siemens said they were keeping a close watch on relations with Iran after President Donald Trump pulled the United States out of a nuclear deal.
ZURICH (Reuters) – Novartis has ended a contract with a U.S. firm linked to U.S. President Donald Trump’s lawyer, Michael Cohen, and has cooperated with a special counsel looking into potential meddling in the 2016 U.S. election, the Swiss drugmaker said.
PARIS (Reuters) – America’s withdrawal from the Iran nuclear accord signals the collapse of $38 billion in plane deals between Tehran and Western companies and leaves Airbus facing greater risks than arch-rival Boeing, according to people involved in the deals.
LONDON (Reuters) – Vodafone has agreed to pay $21.8 billion to buy Liberty Global’s assets in Germany, the Czech Republic, Hungary and Romania to take on rivals with a broader offer of superfast cable TV, broadband and mobile.
LONDON (Reuters) – Vodafone Group has agreed an 18.4 billion euro ($21.8 billion) deal to buy cable TV company Liberty Global’s operations in Germany, Czech Republic, Hungary and Romania.
LONDON (Reuters) – Vodafone Group has agreed to a nearly $23 billion deal to buy operations in four European countries from John Malone’s Liberty Global, the Wall Street Journal said on Wednesday, citing Liberty CEO Mike Fries.
PARIS (Reuters) – French carmaker and Peugeot-manufacturer PSA said on Wednesday that it hoped the European Union would adopt a common position on Iran, following U.S President Donald Trump’s decision to pull the U.S. out of a nuclear deal with Iran.
TOKYO (Reuters) – HR services provider Recruit Holdings Co has agreed to buy Glassdoor Inc for $1.2 billion, in a deal that will give the Japanese firm access to the U.S. job-website operator’s vast database of company reviews and salary data.
CLEVELAND (Reuters) – In Cleveland, a new road meant to cut commute times between the suburbs and a downtown medical hub has been redesigned as an “Opportunity Corridor” to bring businesses and jobs to poor neighborhoods along its way.
TOKYO (Reuters) – Toyota Motor Corp on Wednesday forecast a 4.2 percent slide in operating profit for the current financial year, as it expects a stronger yen to offset slightly higher global vehicle sales and cost reductions.
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