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Rio Tinto rejects Glencore merger approach amid iron ore slump

Rio Tinto (RIO.AX) rejected a merger approach from smaller rival Glencore Plc (GLEN.L) to create a $160 billion mining and trading giant in August just as the price of its most profitable product, iron ore, hit a five-year low.


Hong Kong stocks notch best day in a month as protests scale down

Hong Kong's benchmark index posted its biggest daily gain in more than a month on Monday, as pro-democracy activists scaled down protests and upbeat U.S. jobs data provided some relief over the outlook for the global economy.

ACG Orange County Hosts October Tailgate Party Featuring Classic Cars, NFL Football and Exclusive Networking for Middle Market OC Professionals

The Association for Corporate Growth, Orange County Chapter (ACG OC), will host a tailgate-party themed celebration -- featuring food trucks, big screen televisions (showing Thursday night NFL action) and high-energy networking among OC's distinguished business professionals -- on October 9, 2014 at Newport Dunes from 5:30pm - 7:45pm.

Facebook's WhatsApp acquisition now has price tag of $22 billion

Facebook Inc (FB.O) closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of Facebook's stock in recent months.


Latest News

Millionaire British businessman Shrien Dewani on Monday denied arranging his bride's murder during their honeymoon in South Africa, four years after she was found shot dead in an abandoned car.
Herbalife Ltd, the marketer of weight-management products, energy drinks and nutrition supplements that has come under investigation by the Federal Trade Commission as well as other agencies, has hired a former FTC official as its chief compliance officer.
The National Basketball Association has reached long-term media rights contracts with Walt Disney Co and Time Warner Inc's Turner Broadcasting, more than doubling the fees it received under the previous contracts, the Wall Street Journal reported, citing people familiar with the matter.
Luxury shoe company Jimmy Choo (IPO-JIM.L) is on course to join London's main stock market with a value of up to $1.1 billion, industry sources said on Monday, citing the initial price range quoted by banks arranging the sale.
Germany's Bertelsmann (BTGGg.F) said on Monday it would take full ownership of Gruner + Jahr, publisher of magazines including Stern and Brigitte, as the German media conglomerate looks to speed up a late push into digital media.
Japan's largest recruitment company Recruit Holdings priced its initial public offering at 3,100 yen on Monday, the top of its bookbuilding range, showing confidence in investor demand for the $2 billion listing.
Euro Disney (EDLP.PA) said on Monday it had agreed a 1 billion euro funding deal backed by its largest shareholder, the Walt Disney Co (DIS.N), which includes a share sale and a debt restructuring, to allow it to invest in the business.
UK-based BT Group PLC could take until beyond the current financial year to return to the consumer mobile market, due to technical problems, the Telegraph reported.
Samsung Electronics Co Ltd plans to invest $14.7 billion to construct a new chip production plant in South Korea, a major bet on its semiconductor business amid a smartphone earnings slump.
A group of 12 global banks are working together to set up a one-stop bond shop for buyers and sellers of corporate bonds, the Wall Street Journal reported, citing people familiar with the matter.
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