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Amazon to sell packaged food and beverages in India

Online retailer Amazon.com Inc plans to sell packaged food and beverages in India from mid-October, the Economic Times reported, citing a person familiar with the matter.


Rocket Internet prices share sale at top of range

Rocket Internet (RKET.DE), the global e-commerce investor, is selling its shares at 42.50 euros apiece, or the top of the price range, as investors flock to tap into a new wave of Internet start-up listings.

U.S. OKs $1.75 billion sale of Patriot PAC-3 missiles to Saudi Arabia

The U.S. State Department has approved a $1.75 billion sale to Saudi Arabia to upgrade its Patriot air defense system with PAC-3 missiles, a deal that would benefit Lockheed Martin Corp (LMT.N) and Raytheon Co (RTN.N), the Pentagon said Wednesday.

Australia clears Expedia's $610 million Wotif.com takeover

Australia's antitrust regulator on Thursday cleared online travel giant Expedia Inc to buy local rival Wotif.com Holdings Ltd, saying it did not expect the A$699 million ($610 million) deal to substantially lessen competition.


Latest News

DirecTV (DTV.O) extended its exclusive contract to sell the Sunday Ticket package of National Football League games, and sources said the company will pay $1.5 billion a year to keep the popular offering that has helped attract subscribers.
Hewlett-Packard Co's vice president of server engineering expects new lower-power servers made with technology from ARM Holdings to make inroads in niche data centers over the next year in a market dominated by Intel Corp.
Activist investor Starboard Value LP said on Wednesday it had offered to acquire the remaining shares in RealD Inc RLD.N after raising its stake in the 3D technology licensor.
PayPal's biggest threat as it prepares to split from eBay (EBAY.O) next year may come from former employees who back a crop of new businesses serving shoppers who increasingly prefer to pay with mobile phones rather than personal computers.
The coming year is unlikely to bring any relief to the weakening Canadian dollar as the Bank of Canada's neutral stance prompted analysts in a Reuters poll to renew their pessimistic forecasts for the currency.
Bank of America Corp (BAC.N) said it named Chief Executive Brian Moynihan as chairman of its board, effective immediately. He succeeds Charles "Chad" Holliday, the former chief executive of the chemical company E.I. du Pont de Nemours and Co (DD.N), who served as the bank's chairman for more than four years.
Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day of Bill Gross's surprise resignation from the firm.
After a very strong August the expansion in the U.S. manufacturing industry cooled a bit in September The Institute for Supply Management said the PMI slowed to 56.6 from 59 in August.
Two tiny companies are preparing to challenge some of the world's largest drug makers in the battle for dominance in the $3 billion global market for influenza vaccines, armed with little more than tiny tobacco plants.
Pershing Square Holdings, a fund managed by activist investor Bill Ackman, raised $3.07 billion ahead of a stock market listing in Amsterdam, the company said on Wednesday.
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