Applications for U.S. home mortgages rose last week as both purchase and refinancing applications increased, an industry group said on Wednesday.
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Alibaba-backed China mobile app Momo says CEO to fight misconduct allegations
Chinese mobile chat app firm Momo Inc, backed by Alibaba Group Holding Ltd, said its CEO will fight allegations of misconduct and corruption made by his former employer, as it prepares to debut on Nasdaq.
India court orders Xiaomi to suspend smartphone sales
An Indian court has ordered Chinese budget smartphone maker Xiaomi Technology Co Ltd [XTC.UL] to temporarily stop selling its devices in India, the Economic Times newspaper reported on Thursday, citing legal documents.
Amazon job posts hint at global ambitions for same-day delivery
Amazon.com Inc is considering expanding its same-day delivery program globally, recent job listings show, underlining the importance of fast shipping to its ability to compete with the instant gratification offered by brick-and-mortar stores.
U.S. manufacturers group opposes stricter Internet regulations
The U.S. National Association of Manufacturers on Wednesday wrote to congressional and Federal Communications Commission leaders to oppose potential stricter regulations for Internet service providers.
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Congressional negotiators unveiled a $1.1 trillion U.S. spending bill that aims to avoid a government shutdown at midnight on Thursday and punts an immigration showdown between Republicans and President Barack Obama until February.
Waiting for the right moment to cut interest rates, India's central bank faces a problem over public perceptions that price rises will return to double-digits even though forecasts show retail inflation fell to a record low of 4.5 percent last month.
BP will cut hundreds of jobs across its global oil and gas business by the end of next year in a $1 billion restructuring program announced on Wednesday following steep falls in oil prices.
A new British tax on companies that shift profits out of the country and into tax havens will target inter-company fees for services like use of intellectual property, according to a Treasury document seen by Reuters.
A surge of oil and gas production will drive the U.S. economy 1 percent higher in 2040 than it would have otherwise grown, and energy exports will only stoke the expansion, an independent study on energy policy concluded on Tuesday.
Tax deals that entertainment firm Walt Disney Co, commodities group Koch Industries and others agreed with the Luxembourg authorities were revealed on Tuesday by the International Consortium of Investigative Journalists (ICIJ).
Spain's Santander (SAN.MC) said it was not considering buying out the 28 percent of its U.S. auto finance business that is currently listed on the stock market after Bloomberg reported earlier on Tuesday the Spanish bank was mulling such a move.
Tax rules and concerns about Sears Holdings Corp's (SHLD.O) tenuous financial condition may force CEO Eddie Lampert to do a complicated dance as he plans to spin off the retailer's best real estate into a separate trust.
New Scotland Yard, the headquarters of London's storied police force and one of the British capital's most famous landmarks, has been sold to an Abu Dhabi investor, paving the way for its macabre but private museum to open to the public elsewhere.
