Microsoft's plan to make its new version of Windows a mobile hit by letting it accept tweaked Apple and Android apps has met an obstacle: some of the software developers the company needs to woo just aren't interested.
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U.S. jobless claims rise; four-week average lowest since 2000
The number of Americans filing new claims for unemployment benefits rose slightly more than expected last week, but the underlying trend continued to suggest the labor market was tightening.
Canadian software maker Shopify valued at $1.27 billion at IPO price
Canadian e-commerce software maker Shopify Inc (SHOP.N) (SH.TO) said its U.S. initial public offering was priced at $17 per share, valuing the company at about $1.27 billion.
AirAsia loyalty program in stake sale talks: sources
Malaysian airline AirAsia Bhd's (AIRA.KL) loyalty program is in talks with private equity investors about selling a minority stake, which could value the business at about $330 million, people familiar with the matter told Reuters.
Oil rises on U.S. crude drawdown but oversupply still weighs
Oil prices rebounded on Wednesday, with U.S. crude snapping a five-day decline, after another weekly inventory draw but gains were still limited by a huge supply overhang and concerns about a stronger dollar.
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China's Huawei Technologies Co Ltd, the world's biggest telecommunications equipment maker, on Wednesday became the latest tech giant to present its own take on the 'Internet of Things' (IoT), centered on an operating system designed to allow household and business appliances to communicate with each other online.
Crude oil prices bounced back on Wednesday from steep falls in the previous session as industry data showed that U.S. crude stocks fell more than expected last week.
Wall Street was set to open little changed on Wednesday with investors cautious ahead of the release of minutes from last month's Federal Reserve meeting, which is expected to shed light on when interest rates will be hiked.
Target Corp (TGT.N) on Wednesday reported a larger-than-expected increase in first-quarter profit as revenues got a boost from online sales and a program to narrow its product focus.
French telecommunications group Altice SA said it agreed to buy Suddenlink Communications in a deal valuing the company at $9.1 billion to enter the fast-growing U.S. cable sector.
The euro slid to a two-week low and a rally in European shares stalled on Wednesday after a Greek official said the country may not make an upcoming repayment to the International Monetary Fund.
Japanese air bag manufacturer Takata Corp is doubling a recall of potentially deadly air bags to nearly 34 million vehicles, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday.
Founding members of the China-backed Asian Infrastructure Investment Bank (AIIB) will hold a three-day meeting in Singapore this week to discuss operational policies for the establishment of the institution.
Ferrari's timely return to the front row of the Formula One grid bodes well for the luxury sportscar maker as it prepares to list shares and split from parent Fiat Chrysler Automobiles. (FCHA.MI) (FCAU.N)
