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In Australia, the market on Monday lifted more than 1 per cent on the back of a strong performance by the banks and a big merger in the telco sector.

In his 13D regulatory filing last month, Carl Icahn said that shares of Cheniere Energy were undervalued and he would seek discussions on “operations, capital expenditures, financings and executive compensation”.

Seager drove in the run with a two-out single after left fielder Carl Crawford had singled and stolen second base.

The news comes a couple of weeks after the IRS declined to give its advanced blessing to the transaction in a so-called “private letter ruling” that Yahoo had requested.

In this round, Alibaba is a new investor and will take a 20 percent take though a fresh issue of shares by investing about $680 million, according to the Economic Times, citing two people familiar with the deal. “Investing in Paytm will enhance the ability of Alibaba and...

Investigators revealed that Hitachi offered a 25per cent gain in the South African part in 2005 for usd190,819 to effectively Chancellor House Holdings, a front side establishment for the African National Congress. An domestic Hitachi paper said the firm was also...

However, it said increased investments “in prices and people” saw operating profits fall to £260.3m from £271.4m.

Saudi Arabia has withdrawn as much as US$70 billion from global asset managers as OPEC’s largest oil producer seeks to plug its budget deficit after crude slumped, according to financial services market intelligence company Insight Discovery. In other words, Saudi Arabia...

Joint venture partners Hammerson and Allianz Real Estate have agreed to buy the “Project Jewel” portfolio of loans secured against a series of retail assets in Dublin, including the Dundrum shopping centre which has 120 shops, 38 restaurants and a 12-screen cinema.

Shares in Plumb Centre owner Wolseley dipped 10 per cent in early Tuesday trading after the group reported a 25 per cent fall in annual profits.

Vodafone announced on Monday it has ended talks with Liberty Global over a possible asset swap. The 700 million euros of German unit Unitymedia GmbH’s January 2027 bonds declined 5.1 cents to a record 84.4 cents. But the United Kingdom is Liberty’s largest market, and...

Halliburton Company and Baker Hughes Incorporated announced that the companies will market for sale additional businesses in connection with Halliburton’s pending acquisition of Baker Hughes.

In his speech at the Digital India dinner here, Modi recounted the way technology was helping make connectivity easier, with the internet, mobile phone and Skype touching the lives not only of farmers, villagers and those living in cities but also connecting doctors in India with...

Yahoo is going ahead with its plans to spin off about $22 billion in Alibaba shares-even if there’s a risk of a multibillion-dollar tax bill. While the agency is stepping up scrutiny of such transactions, Yahoo is going forward with the plan, which was announced in January,...

Union Finance Minister Arun Jaitley on Monday addressed the 68th Annual General Meeting of Indian Banks’ Association and cited the dire need of providing autonomy for banks. “Of course, they will be carrying-out the developmental agenda of the Government, but their...