Money

Lyft Eyes $21 Billion Valuation for IPO

The No. 2 USA ride-hailing company could spell out the price range and number of shares it plans to market in an updated regulatory filing , said the people,...


FIS set to acquire Worldpay in $43bn deal

The figure of $43bn encapsulates a combination of cash and stock to be paid by FIS , which will also assume Worldpay's debt. The agreement follows the anno...


Jury Says Roundup Weed Killer Contributed To Man's Cancer

Many government regulators have rejected a link between cancer and glyphosate . Across the U.S. alone, the German pharmaceutical company Bayer, which purchas...


Asian shares mixed in muted trading ahead of US Fed meeting

Although unchanged rates have been priced in by the market, investors will be watching to see if the FOMC's dot plot, which shows individual committee members' ...


Instagram announces Checkout Feature, to Charge Sellers a Fee

That means Instagram users don't have to go through the extra step of visiting a brand's site and entering their payment information there. Instagram ha...


Paris tops list of world’s most expensive cities

The majority of the remaining cities in the top 10 are in Europe and Asia, with NY and Los Angeles the only North American cities that edged their way into the ...


Is the SEC Infringing Elon Musk's Free Speech?

That turned out to be untrue, and it's illegal to publish inaccurate information that has the potential to move markets. It continues: "Musk's shifting justif...


The Most Expensive Cities to Live in the World

A woman's haircut was about $15 in Bangalore, India, compared to $210 in NY, for example, while a bottle of beer was about half a dollar in Lagos, Nigeria, and ...


Apple must pay $31m to Qualcomm in patent dispute

The $31 million in damages equates to $1.41 per infringing iPhone. Qualcomm jumped as much as 3.5 percent before finishing up 2.2 percent at the close in NY tra...


Fisker relaunches Tesla rivalry with $40k electric vehicle

Today we have our very first look at his latest creation-an all-electric SUV with a standard range near 300-miles that will be priced below $40,000 when it ro...


A timeline of Reliance Communications versus Ericsson case

The Anil Ambani group on Monday paid the amount to the court, sources close to the development said. On August 3, the matter reaches the Supreme Court whi...


Deutsche Bank confirms merger talks with Commerzbank

Germany's Verdi labor union on Sunday renewed its objections to a merger, saying that tens of thousands of jobs were at risk and that a tie-up added no value....


General Motors: Ohio plant fate to be resolved between GM, UAW

G.M". "We're doing everything we can with the Drive It Home Ohio campaign to convince General Motors CEO Mary Barra to reinvest in GM Lordstown". General Mo...


11th-hour deal to save government outsourcing giant Interserve from collapse

The rescue plan would have meant lenders being given the greater number of shares in the business with the shareholders' stake being reduced to 5%, the BBC has ...


Powerball jackpot grows to $550 million

Lottery officials say one $1 million ticket was sold in New Jersey . The estimated jackpot is $495 million. SILive.com will also post the winning numbers. Wh...


No more Bitcoin futures on CBOE, crypto market doesn’t care

CFE is assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading. However, Cboe said the now listed bi...


IEA Reveals a Big Surprise for Oil Bulls

Wednesday's weekly EIA report for the week-ending March 8 showed US commercial crude oil inventories fell as refineries hiked output. Oil prices have rise...


Volkswagen CEO apologizes for evoking Auschwitz slogan at company meeting

Volkswagen was founded in 1937 by the German government with a mandate to mass-produce affordable vehicles. Herbert Diess used the line " Ebit macht ...


Jaguar Land Rover recalls 44,000 cars

For Jaguar it's again the 2.0 litre petrol in the Jaguar XE , XF, F-Pace, E-Pace and F-Type being recalled, and the 2.0 litre diesel in the XE and XF too. In i...


China January-February steel output rises from December on strong margins

Developers say market sentiment has improved recently thanks to looser credit policies. Beijing has also become less anxious about cities easing existing curb...


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