Canadian mobile instant messaging company Kik Interactive Inc said on Wednesday it had raised C$38.3 million and acquired video messaging company Relay as it aims to turn its youth-focused application into a broader platform for commerce.
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Valeant Pharma says may buy back up to $2 billion worth of securities
Canada's Valeant Pharmaceuticals International Inc said it may buy back up to $2 billion worth of securities, replacing a previous $1.5 billion program under which it bought back no securities.
Infosys unit's overbilling Apple led to exit of top executives: sources
Indian outsourcing major Infosys Ltd's back-office services unit was overcharging Apple Inc, leading to the exit of top executives, two senior Infosys people said on Thursday.
GoDaddy aims to list next year, seeks $4.5 billion valuation: NY Post
GoDaddy Inc is planning an initial public offering early next year that would value the world's biggest provider of web addresses at roughly $4.5 billion, the New York Post said.
Asia shares take comfort from U.S. data, yen nurses losses
Asian shares took solace from data showing broad U.S. economic strength even as signs of spreading weakness in China and Europe checked risk appetite, while the yen nursed its losses after sliding to multi-year lows against the dollar and euro overnight.
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European planemaker Airbus (AIR.PA) has won a crucial order worth roughly $14 billion at list prices from Delta Air Lines (DAL.N) for 50 long-haul, wide-bodied jets, three people familiar with the matter said.
Germany's top utility E.ON SE (EONGn.DE) has entered exclusive talks to sell its Spanish activities to Australian infrastructure investor Macquarie Group Ltd (MQG.AX), four sources familiar with the matter told Reuters on Wednesday.
The German medical group Fresenius (FMEG.DE) and the Permira investment fund PERM.UL have made an offer for the medical nutrition arm of Danone (DANO.PA), The Wall Street Journal reported on Wednesday, citing sources close to the matter.
Hon Hai Precision Industry Co Ltd (2317.TW), the world's largest contract electronics manufacturer, will partner with flat-panel maker Innolux Corp (3481.TW) in investing T$86.8 billion ($2.8 billion) in a panel-producing plant in Taiwan, the firms said.
Three African economic blocs will merge into a new 27-nation free-trade zone under an agreement to be signed in Cairo next month, uniting markets worth 58 percent of the continent's economic activity, Egypt's industry and trade minister said.
Japan needs to open up its beer market to European exports if Tokyo and Brussels are to agree one of the world's biggest free trade deals next year, according to an EU document prepared for the next round of talks in December.
Japanese trading house Itochu Corp, is seeking to sell PrimeSource Building Products Inc, the largest distributor of screws and nails in the United States, for more than $1 billion, according to people familiar with the matter.
China Railway Construction Corp (601186.SS) (1186.HK) has signed a deal worth nearly $12 billion with Nigeria to build a railway along the West African nation's coast, Chinese state news agency Xinhua said on Thursday.
BMW's (BMWG.DE) China head expects profit margins to narrow as the German premium automaker steps up localization to maintain double-digit growth amid slowing demand and tougher competition in the world's biggest auto market.
