Amazon in talks to buy stake in India’s Reliance Retail: ET

Amazon in talks to buy stake in India’s Reliance Retail: ET
FILE PHOTO: The logo of Amazon is seen at their new warehouse during its opening announcement on the outskirts of Mexico City, Mexico July 30, 2019. REUTERS/Carlos Jasso/File Photo BENGALURU (Reuters) – Amazon.com Inc (AMZN.O) is in exploratory talks with Reliance Industries Ltd-owned (RELI.NS) Reliance Retail for buying up to 26% stake in India’s biggest brick-and-mortar retailer, the Economic Times... Read More

Asian shares fall, dollar firms as Fed dampens bets on more rate cuts

Asian shares fall, dollar firms as Fed dampens bets on more rate cuts
SYDNEY (Reuters) – Asian shares fell to six-week lows on Thursday while the dollar jumped to two-year highs as the U.S. Federal Reserve poured cold water on market expectations of a lengthy easing cycle following a 25 basis-point rate cut. FILE PHOTO: An investor walks past a screen displaying stock information at a brokerage house in Shanghai, China May 6,... Read More

Crown Resorts takes out newspaper ads in attack on ‘deceitful campaign’

Crown Resorts takes out newspaper ads in attack on ‘deceitful campaign’
FILE PHOTO: The logo of Australian casino giant Crown Resorts Ltd adorns the hotel and casino complex in Melbourne, Australia, June 13, 2017. REUTERS/Jason Reed/File Photo SYDNEY (Reuters) – Australian casino giant Crown Resorts (CWN.AX) issued full-page newspaper ads on Thursday describing recent media reports that alleged it pressured officials to fast-track visas for Chinese gamblers as a “deceitful campaign”.... Read More

State AGs fighting T-Mobile, Sprint merger request new trial date in December

State AGs fighting T-Mobile, Sprint merger request new trial date in December
FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration taken April 30, 2018. REUTERS/Dado Ruvic/Illustration (Reuters) – An attorney for a group of 13 state attorneys general who filed a lawsuit in hopes of stopping T-Mobile U.S. Inc’s $26 billion merger with Sprint Corp has requested a... Read More

UK’s Pearson notifies thousands of U.S. students of data breach

UK’s Pearson notifies thousands of U.S. students of data breach
FILE PHOTO: The company logo is displayed outside the Pearson offices in London, Britain August 4, 2017. REUTERS/Neil Hall (Reuters) – British education company Pearson Plc (PSON.L) on Thursday said it has notified customers of a data breach that resulted in unauthorized access to about 13,000 school and university accounts, mainly in the United States. The exposed data was limited... Read More

Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts

Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts
SYDNEY (Reuters) – Asian shares fell to six-week lows on Thursday and the dollar rose after the U.S. Federal Reserve delivered a 25-basis-point rate cut as expected but poured cold water on market expectations of a lengthy easing cycle. FILE PHOTO: An investor walks past a screen displaying stock information at a brokerage house in Shanghai, China May 6, 2019.... Read More

Australia’s Qantas says it will not trim Alliance stake despite competition concerns

Australia’s Qantas says it will not trim Alliance stake despite competition concerns
FILE PHOTO: A passenger walks past a Qantas Airways emblem at the Sydney International Airport terminal July 18, 2014. REUTERS/David Gray (Reuters) – Australian flag carrier Qantas Airways Ltd (QAN.AX) said it had no plan to cut its stake in Alliance Airlines, after the competition regulator raised concerns over its acquisition of 19.9% in its rival. The regulator said Brisbane-based... Read More

State AGs fighting T-Mobile, Sprint merger request new trial date in Dec

State AGs fighting T-Mobile, Sprint merger request new trial date in Dec
FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration taken April 30, 2018. REUTERS/Dado Ruvic/Illustration (Reuters) – An attorney for the state attorneys general who filed a lawsuit in hopes of stopping T-Mobile U.S. Inc’s (TMUS.O) $26 billion merger with Sprint Corp (S.N) has requested a new... Read More