Shell Midstream Partners LP IPO-SHLX.N, a master limited partnership formed by Royal Dutch Shell Plc (RDSa.L), priced its enlarged initial public offering of 40 million units at $23 per unit, above its expected price range of $19-$21 per unit.
Sectors
Xiaomi moves into third place in global smartphone war
China's Xiaomi Inc has become the world's third-largest smartphone vendor just three years after first hitting the market, trailing only Samsung Electronics Co Ltd and Apple Inc, according to a new industry study.
Microsoft launches wearable fitness device for $199
Microsoft Corp launched a device called "Microsoft Band" that will allow users to monitor their fitness and exercise regime, marking the world's largest software company's debut into the wearable technology market.
HP tries something new with 3D scanning computer
Hewlett-Packard Co has taken a modest step toward re-imagining the venerable personal computer, merging a 3D scanner and projector with an all-in-one PC to create a $1,899 ensemble it hopes can rekindle industry interest.
SoftBank's humanoid robot lands job as Nescafe salesman
Nestle SA will enlist a thousand humanoid robots to help sell its coffee makers at electronics stores across Japan, becoming the first corporate customer for the chatty, bug-eyed androids unveiled in June by tech conglomerate SoftBank Corp.
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Royal Bank of Canada (RY.TO) said on Tuesday it pulled out of and forfeited fees in the Alibaba (BABA.N) initial public offering, after an employee commented on the deal during the quiet period before the world's largest IPO.
The U.S. government sued AT&T Inc (T.N) on Tuesday, alleging the No. 2 U.S. wireless carrier sold consumers unlimited data plans but would reduce their Internet speeds once they exceeded a certain amount of data.
Japanese e-commerce giant Rakuten Inc said it will offer a cut-rate smartphone service for about a third of the monthly fees charged by the country's three dominant operators, adding to increasing price competition in the sector.
Pfizer Inc (PFE.N) reported stronger-than-expected quarterly results, helped by growing sales of its cancer drugs and demand for its medicines in emerging markets, but did not signal any acquisition plans following its recent failed efforts to buy rival British drugmaker AstraZeneca Plc (AZN.L).
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) conglomerate has sold a marketing and direct mail unit to a Wisconsin businessman, according to a statement on Tuesday.
Washington's city council approved a bill on Tuesday regulating app-based ridesharing companies such as Uber and Lyft in the U.S. capital, a council spokesman said.
Vietnam-based telecoms operator Viettel plans to invest $1 billion in a new third-generation (3G) mobile phone network in Tanzania, the office of the east African country's president said on Tuesday.
The European Commission provisionally accepted the budgets of France and Italy, saying on Tuesday that no euro zone states had submitted deficit plans for next year that seriously breached EU rules for fiscal stability.
Cyber intrusions and other data breaches put the personal records of 18.5 million Californians, nearly half the state's population, at risk in 2013, a seven-fold increase over the year before, the state attorney general reported on Tuesday.
