Publication: Reuters: Business News

First reported 7 hours ago - Updated 56 mins ago - 2 reports

Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over

SAN FRANCISCO/SEATTLE (Reuters) - Larry Ellison, co-founder and leader of Oracle Corp for 37 years, stepped aside as chief executive officer on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, raising questions about a job-sharing arrangement ... [Published Reuters: Business News - 3 hours ago]
First reported 1 hour ago - Updated 1 hour ago - 1 reports

Apple's iPhone 6 Plus includes chips from Qualcomm, Skyworks: iFixit

SAN FRANCISCO (Reuters) - Apple's iPhone 6 Plus uses chips from Qualcomm , Skyworks Solutions , Avago Technologies and other companies, according to gadget repair firm iFixit, which pried one of the devices open in Melbourne early on Friday. ... [Published Reuters: Business News - 1 hour ago]
First reported 6 hours ago - Updated 1 hour ago - 2 reports

SAP agrees to buy expense software maker Concur for $7.3 billion

FRANKFURT (Reuters) - German business software maker SAP said on Thursday it has agreed to acquire U.S.-based expense management software maker Concur Technologies Inc in an all-stock deal valued at $7.3 billion that expands its presence in internet-based ... [Published Reuters: Business News - 3 hours ago]
First reported 8 hours ago - Updated 1 hour ago - 2 reports

Exclusive: TransCanada eyed by U.S. investor activists - sources

NEW YORK/TORONTO (Reuters) - Canada, which has seen a fair share of U.S. activist investors cross the border in the last years, may soon have more of them knocking on its door. ... [Published Reuters: Business News - 7 hours ago]
First reported 3 hours ago - Updated 1 hour ago - 2 reports

Global shares rise on hot Alibaba IPO, sterling up after Scots vote

TOKYO (Reuters) - Asian shares edged higher on Friday, cheered by news of an eye-popping initial public offering by Chinese e-commerce giant Alibaba Group, while sterling rebounded after a survey published showed support for Scotland to remain in the ... [Published Reuters: Business News - 3 hours ago]
First reported 2 hours ago - Updated 1 hour ago - 1 reports

SEC probing Goldman Sachs internship for brother of Libyan ex-official: WSJ

(Reuters) - U.S. regulators are investigating a Goldman Sachs Group Inc internship for the brother of a former official at Libya's sovereign wealth fund and perks allegedly offered by the bank to the fund, the Wall Street Journal reported on Thursday, ... [Published Reuters: Business News - 2 hours ago]
First reported 7 hours ago - Updated 2 hours ago - 1 reports

Exclusive: China's Wanxiang to relaunch Fisker Karma car with 2012 design - sources

BEIJING/DETROIT (Reuters) - Chinese auto parts producer Wanxiang Group, which bought stylish electric car pioneer Fisker Automotive from bankruptcy, is accelerating the relaunch of Fisker's Karma hybrid luxury car by using a design from the company's ... [Published Reuters: Business News - 7 hours ago]
First reported 6 hours ago - Updated 3 hours ago - 1 reports

Exclusive: BNP Paribas hires ex-U.S.Treasury official for compliance job

NEW YORK (Reuters) - BNP Paribas has hired a former top official at the U.S. Treasury Department's sanctions office, people familiar with the matter said, part of the French bank's effort to build up its compliance department after its record settlement ... [Published Reuters: Business News - 6 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Japan government cuts economic view, warns of stalling consumption

TOKYO (Reuters) - Japan's government cut its overall economic assessment for the first time in five months as private consumption is struggling to recover from the slump caused by April's sales tax hike, clouding the outlook for a sustained recovery. ... [Published Reuters: Business News - 3 hours ago]
Entities: Japan, Tokyo
First reported 5 hours ago - Updated 4 hours ago - 1 reports

Three quarters of Japanese firms prefer a stronger yen: Reuters poll

TOKYO (Reuters) - The yen's rapid descent to six-year lows against the dollar is starting to push beyond comfort zones for three quarters of Japanese firms, a Reuters poll showed, highlighting the potential for profits to be squeezed as import costs climb. ... [Published Reuters: Business News - 5 hours ago]
Entities: Zoning, Tokyo
First reported 6 hours ago - Updated 6 hours ago - 1 reports

Air Lease urges Boeing, Airbus caution on raising jetliner output

NEW YORK (Reuters) - The president of Air Lease Corp , a major jetliner leasing company, on Thursday urged Boeing Co and Airbus Group SA to be cautious about further increases in the production rates of jetliners, saying their plans to do so put suppliers ... [Published Reuters: Business News - 6 hours ago]
First reported 6 hours ago - Updated 6 hours ago - 1 reports

Alibaba IPO prices at $68 per share: Dow Jones

(Reuters) - Alibaba Group Holdings priced its initial public offering at $68 per share, the top of its projected range, Dow Jones Newswires reported on Thursday, citing an unnamed source familiar with the situation. ... [Published Reuters: Business News - 6 hours ago]

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Apple's iPhone 6 Plus includes chips from Qualc... [Published Reuters: Business News - 1 hour ago]
SEC probing Goldman Sachs internship for brothe... [Published Reuters: Business News - 2 hours ago]
Oracle's Ellison steps aside, co-CEOs Catz and ... [Published Reuters: Business News - 3 hours ago]
Japan government cuts economic view, warns of s... [Published Reuters: Business News - 3 hours ago]
Global shares rise on hot Alibaba IPO, sterling... [Published Reuters: Business News - 3 hours ago]
SAP agrees to buy expense software maker Concur... [Published Reuters: Business News - 3 hours ago]
Shares rise on hot Alibaba IPO, sterling up aft... [Published Reuters: Business News - 3 hours ago]
Three quarters of Japanese firms prefer a stron... [Published Reuters: Business News - 5 hours ago]
Air Lease urges Boeing, Airbus caution on raisi... [Published Reuters: Business News - 6 hours ago]
SAP agrees to buy expense software maker Concur... [Published Reuters: Business News - 6 hours ago]
Exclusive: BNP Paribas hires ex-U.S.Treasury of... [Published Reuters: Business News - 6 hours ago]
Alibaba IPO prices at $68 per share: Dow Jones [Published Reuters: Business News - 6 hours ago]
Exclusive: China's Wanxiang to relaunch Fisker ... [Published Reuters: Business News - 7 hours ago]
Exclusive: TransCanada eyed by U.S. investor ac... [Published Reuters: Business News - 7 hours ago]
Home Depot says 56 million card details likely ... [Published Reuters: Business News - 7 hours ago]
Oracle quarterly revenue misses on weak hardwar... [Published Reuters: Business News - 7 hours ago]
Oracle's Ellison steps aside, co-CEOs Catz and ... [Published Reuters: Business News - 7 hours ago]
Exclusive: TransCanada eyed by U.S. investor ac... [Published Reuters: Business News - 8 hours ago]
Citigroup takes Argentine bond payment case to ... [Published Reuters: Business News - 9 hours ago]
Institutionals to get lion's share of Alibaba s... [Published Reuters: Business News - 9 hours ago]
Wall Street sees holes in Fed's new policy-tigh... [Published Reuters: Business News - 9 hours ago]
Microsoft lays off 2,100 as part of earlier job... [Published Reuters: Business News - 9 hours ago]
A year later, most mega IPOs are mega laggards [Published Reuters: Business News - 11 hours ago]
Toyota recalling 20,000 late-model vehicles on ... [Published Reuters: Business News - 11 hours ago]
U.S. household net worth rises to record $81.5 ... [Published Reuters: Business News - 12 hours ago]
Former AT&T partners petition FCC to block Dire... [Published Reuters: Business News - 12 hours ago]
Uber must face lawsuit over gratuity charge: co... [Published Reuters: Business News - 12 hours ago]
IKEA to invest 2 billion euros more in Russia b... [Published Reuters: Business News - 13 hours ago]
GM recalling natural gas-powered vans due to po... [Published Reuters: Business News - 13 hours ago]
U.S. job creation in year through March revised... [Published Reuters: Business News - 14 hours ago]
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