A consortium of private equity group Silver Lake, software giant Microsoft Corp and venture capital firm Andreessen Horowitz are reworking their bid for a minority stake in Internet company Yahoo Inc, a source familiar with the matter said on Friday.
A consortium of software giant Microsoft Corp., private-equity group Silver Lake, and venture-capital firm Andreessen Horowitz are reworking their bid for a minority stake in Internet company Yahoo Inc., a source familiar with the matter said on Friday.
In China to promote his new film, actor Christian Bale was assaulted by government-backed guards as he attempted to visit a prominent Chinese activist detained in his home in eastern Shandong Province.
Shares of Zynga, the online gaming developer linked to Facebook, closed at $9.50 Friday, 50 cents below their initial public offering price Thursday as the company raised $1 billion in the biggest IPO since Google.
Consumer prices were flat in November as Americans paid less for cars and gasoline, a further sign of a cooldown in inflation that could give the Federal Reserve more room to help a still weak economy.
Budget cuts in a program to spur commercial space taxis will likely keep the United States dependent on Russia to fly astronauts to the International Space Station until 2017, NASA's head of space operations said on Thursday.
Japan's Nikkei share average rose modestly on Friday after signs of strength in the U.S. economy but it slipped for the week, as investors continue to worry about the impact of Europe's debt crisis.
Sony is launching Vita in Japan on Saturday, hoping the company's first new handheld video game system in seven years will get the company's game business going again now that many consumers have turned to Apple's iPhone, the world's bestselling smartphone, for entertainment.
Japan signaled plans to strengthen disclosure rules on mergers and acquisitions after a $1.7 billion accounting fraud at Olympus Corp, one of the nation's worst corporate scandals, which involved a series of shady deals.
Asian shares rose and the euro edged higher Friday, as signs of strength in the U.S. economy temporarily broke through gloom over the European debt crisis that had driven a selloff in riskier assets over the past three days.
Japan has signaled plans to strengthen disclosure rules on mergers and acquisitions after a $1.7 billion accounting fraud at Olympus Corp, one of the nation's worst corporate scandals, which involved a series of shady deals.
Accenture Plc posted strong quarterly results but the technology outsourcing and consulting company's cautious view of the second quarter amid the worsening global economy sent its shares down after market.
Canadian industries are operating at a production capacity that is approaching pre-recession levels and the housing market remains strong, according to data on Thursday that offered the prospect of steady, if slower, economic growth.
The whistleblower in Japan's Olympus Corp scandal, ex-CEO Michael Woodford, blasted Japanese shareholders on Thursday for failing to stand up for him, amid signs that domestic and foreign investors are split over his campaign to be reinstated.
Canadian commercial lending growth accelerated in the third quarter, showing smaller businesses expanded even as Europe's deepening debt crisis rattled investors worldwide, according to a PayNet Inc report.
Michael Kors Holdings Ltd stood out in its market debut, keeping pace with star technology sector IPOs and showcasing the resilience of the luxury market even in a gloomy economy.
One in five U.S. women have been sexually assaulted at some point in their life, according to a new CDC survey, a figure the agency reports is significantly higher than they expected.
Barcelona star striker David Villa broke his left leg in Barcelona's FIFA Club World Cup semi-final win over Al-Sadd in Yokohama, Japan and will be out for six months. The injury may force Barcelona's hand in signing Dutch Arsenal striker Robin van Persie.
As New Year's Eve 2011 approaches, one haunting thought comes to many minds - December 21, 2012. On this date, the Maya calendar comes to a halt; and many are predicting it will be the end of days.
Major Southeast Asian stock markets fell on Thursday for the third day, led by banks and commodities as a decline in Chinese factory output added to worries about the global economy and Europe's debt crisis.
Greece, one of the worst hit countries in the Eurozone crisis, may begin official negotiations to exit the Eurozone in 2012, according to Oliver Pursche, co-portfolio manager of GMG Defensive Beta Fund.
Two of Hong Kong's biggest recent initial public offerings slumped in their trading debuts on Thursday, falling victim to weak investor demand that has pressured new listings in the once booming global IPO powerhouse.