Facebook Inc warned on Tuesday of a dramatic increase in spending in 2015 and projected a slowdown in revenue growth this quarter, slicing a tenth off its market value.
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Merlin to open first Legoland theme park in South Korea
Britain's Merlin Entertainments is to open a Legoland theme park in South Korea, as part of its long term expansion plans to generate more of its income from overseas markets.
German pilots' union says fresh strikes imminent at Lufthansa
German pilots' union VC said late on Friday that talks with carrier Deutsche Lufthansa over early retirement benefits have broken down and new strikes are possible at any time, although not at Christmas.
Brazil's JBS says $1.25 billion Primo buy to boost Asian sales
Brazil's JBS SA (JBSS3.SA), the world's largest beef exporter, said on Friday its $1.25 billion purchase of Australian processed foods producer Primo Smallgoods would increase its presence in Asia.
Takata shares open down 1 percent after news of criminal probe
Shares of Takata Corp opened down 1 percent on Friday after the Japanese auto parts maker said it was the subject of a U.S. criminal investigation over defective air bags that have been linked to five deaths.
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Coca-Cola Co (KO.N) said on Tuesday that its quarterly profit fell 14 percent as sales of carbonated beverage volumes in North America declined.
Billionaire activist investor Carl Icahn said Apple Inc's (AAPL.O) shares could double in value and urged the company's board to buy back more shares using its $133 billion cash pile.
Liberty Interactive said on Friday its board had approved splitting into two tracking stocks, one for its cable shopping business QVC Group and the other for its digital commerce, Liberty Digital Commerce.
Yahoo Inc plans to invest a part of the proceeds from the Alibaba Group Holding Ltd stake sale in mobile app Snapchat, which lets users send messages that disappear after a few seconds, the Wall Street Journal said.
SoftBank Corp's (9984.T) talks to acquire Hollywood studio DreamWorks Animation SKG Inc (DWA.O) have cooled, a SoftBank source and banking sources in Japan said.
Jack Ma, executive chairman of Alibaba Group Holding Ltd (BABA.N), has become China's richest man with a fortune estimated at $25 billion, underscoring the ascension of tech tycoons over real estate peers in the world's second biggest economy.
The underwriters of Alibaba Group Holding Ltd BABA.N's IPO have issued additional shares, according to the Wall Street Journal, bringing the IPO's size to about $25 billion and making it the largest initial public offering in history.
U.S. fund managers are finding a lot to like about finger-painting and naptime. Fund ownership of Bright Horizons Family Solutions Inc, the only publicly traded daycare company in the United States, swelled 21 percent in the most recently reported quarter according to fund tracker Morningstar.
JetBlue Airways (JBLU.O) on Thursday named Robin Hayes, its current president and a former British Airways executive, to succeed Dave Barger as chief executive, sending the airline's shares up in after-market trading.
