Industry

Mexico's Salinas to buy Televisa Iusacell stake for $717 million

Mexico's Grupo Salinas said on Wednesday its chairman will buy out its partner Grupo Televisa's (TLVACPO.MX) 50 percent stake in the country's No. 3 wireless operator Iusacell for $717 million and seek a strategic partner to build up the carrier.


T-Mobile adds 2.7 million customers in August, breaks company record

T-Mobile US added 2.75 million customers in August, the largest number of monthly subscriber additions in its history, the carrier announced at a company event on Wednesday.

American Airlines scraps paper manuals for tablets to cut fuel costs

American Airlines has won regulatory approval to swap flight attendants' paper manuals for lighter Samsung tablets in a change that will save nearly $1 million a year, the company said on Wednesday.

Dollar holds broad gains, NZ dollar stung by RBNZ

The U.S. dollar held near a six-year peak against the yen early on Thursday and powered to a seven-month high on its New Zealand peer, which fell after the country's central bank said its current level is "unjustified and unsustainable".


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U.S. stock index futures were a touch higher on Wednesday, suggesting investors found few reasons to jump back into the market even after a recent string of weakness.
Alibaba Group Holding Ltd (IPO-BABA.N) has received enough orders for its record-breaking initial public offering to cover the entire deal within just two days of its launch, people familiar with the IPO process said on Wednesday.
Apple Inc's embrace of wireless charging for its new Watch may be a defining moment for a technology that's languished for years amid competing standards and consumer confusion.
One in three German companies expect business with Russia to decline sharply this year as a result of economic sanctions imposed due to the Ukraine crisis, a German business lobby group said on Tuesday.
Apple Inc's embrace of wireless charging for its new Watch may be a defining moment for a technology that's languished for years amid competing standards and consumer confusion.
U.S. retailer Dollar General Corp (DG.N) is preparing to go hostile as soon as this week in its bid to buy rival Family Dollar Stores (FDO.N), taking its $9.1 billion offer directly to shareholders after being spurned twice by its smaller rival, people familiar with the matter said on Tuesday.
Apple Inc's newly unveiled smartwatch on Tuesday split fashion arbiters who may prove pivotal to its broad acceptance.
Two senators asked the federal government to investigate a data breach on the payment-card processing systems of Home Depot Inc (HD.N) and five U.S. states launched a probe into the matter on Tuesday as fallout from the attack intensified.
Asian shares tumbled on Wednesday as markets wagered the Federal Reserve would raise interest rates earlier than expected, sending U.S. bond yields higher and keeping the dollar well bid near 14-month highs against a basket of major currencies.
Microsoft Corp (MSFT.O) is in serious discussions to buy Mojang AB, the Swedish company behind the popular "Minecraft" video game, The Wall Street Journal said, citing a person with knowledge of the matter.
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