Citigroup Inc (C.N) on Friday told bidders for its Japanese retail banking operations that it was looking to sell its profitable Diners Club card business in Japan with the retail unit, sources with knowledge of the matter said.
Investors
Allianz plans to sell U.S. consumer business: paper
German insurer Allianz is planning to sell the personal insurance business of its U.S. subsidiary Fireman's Fund as the unit continues to miss its targets, a German newspaper reported.
Cars that drive themselves starting to chat with each other
An Acura RLX sedan demonstrated an unusual way to tow another car this week: the vehicles were not physically attached. The second car drove itself, following instructions beamed over by the first in a feat of technology that indicates a new stage in automation is happening faster than many expected.
HP exploring sale of photo sharing service Snapfish - source
Hewlett-Packard Co is exploring the sale of its web-based photo sharing service Snapfish, and has held discussions with multiple private equity and industry buyers, a person with knowledge of the situation said.
RadioShack mulls $585 million financing package from UBS, Standard General: WSJ
RadioShack Corp (RSH.N) is evaluating a $585 million financing package led by UBS AG (UBSN.VX) and hedge fund Standard General LP as the U.S. electronics retailer tries to avert bankruptcy, the Wall Street Journal reported, citing people familiar with the matter.
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U.S. retail sales rose broadly in August, which should ease some concerns about consumer spending and support expectations for sturdy growth in the third quarter.
Sharp Corp said it would begin mass-producing a new type of next-generation displays with Qualcomm unit Pixtronix from 2017, in the hopes that innovation would pay off in the long term as the firm nurses its finances back to health.
The U.S. dollar headed for its ninth straight week of gains on Friday, some measure of how the economic fortunes of the United States and its major economic peers are diverging after six years of financial turmoil.
Hispanic media giant Univision will be a major supplier of content when satellite operator DirecTV (DTV.O) launches an Internet-delivered service aimed at a Hispanic audience, according to two people with knowledge of the agreement.
U.S. stocks recovered from early losses on Thursday, with the S&P 500 managing a slight gain as energy prices and oil stocks turned higher and financials lent support.
Asia's richest man, Li Ka-shing, aims to buy his way into the global aircraft leasing business as his flagship investment firm holds talks with lessors on building a portfolio of planes, people with direct knowledge of the matter said.
Asian share market sentiment was cautious on Thursday after U.S. President Barack Obama vowed to fight Islamic State militants, while the dollar pushed to fresh six-year highs against the yen.
The addition of a mobile payments service to Apple Inc's next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc's Android platform.
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.
