Tags: U.S.

UAE's RAK Ceramics says to sell stake in Laticrete venture

United Arab Emirates-based RAK Ceramics RKCE.AD, one of the world's biggest makers of floor and wall tiles, said on Sunday that it would sell its stake in a joint venture with U.S. firm Laticrete for an undisclosed sum.


Google in talks to buy mobile-payments company Softcard

Google Inc is in talks to buy mobile-payments company Softcard, technology news website TechCrunch reported on Friday, citing people familiar with the matter.

Alibaba in major initiative to court China consumer for U.S. retailers

China's Alibaba Group Holding Ltd (BABA.N) plans a major move to win U.S. business this year, by offering American retailers new ways to sell to China's vast and growing middle class.

Ten banks bid for Citigroup's Egyptian retail operations

Citigroup has received 10 bids for its consumer banking business in Egypt, three sources with knowledge of the matter said on Tuesday, with banks from the United Arab Emirates prominent among potential purchasers.


Latest News

Google Inc (GOOGL.O) may be moving into the U.S. auto insurance market with a shopping site for people to compare and buy policies, an analyst said on Thursday, as it continues to shift its attention to the automotive industry.
The top U.S. communications regulator on Wednesday endorsed the regulatory standard applied to telephone companies in remarks seen as the strongest indication yet that he planned to side with President Barack Obama on strict "net neutrality" rules.
A U.S. regulator focused on consumer protection is planning the first federal regulations ever for lenders that make small loans to borrowers seeking cash before their next pay day, The Wall Street Journal reported on Sunday.
More than 100 employees at the U.S. interdealer broker GFI Group have asked the company to alter their contracts to allow them to leave if a hostile takeover bid by a rival firm succeeds, according to a report on Sunday by the Financial Times.
For top U.S. retailers, free delivery is now the norm. That is good news for shoppers, but not so much for investors. During the just-ended holiday season, outlets from Target to Wal-Mart to Amazon
The Chinese government said on Friday that it will soon settle its antitrust investigation of U.S. mobile chipmaker Qualcomm Inc. The National Development and Reform Commission (NDRC), the country's anti-monopoly regulator which launched a probe of the San Diego-based
South Korea has indicted the chief executive officer and local subsidiary of Uber Technologies Inc for violating a law governing public transport, becoming the latest jurisdiction to challenge the U.S. taxi service provider.
Billboards, which trace their roots to ancient Egypt, are set to generate a boom in U.S. deal activity as the biggest operators seek to expand in regional markets, investment banking sources said.
The proposed merger of Sysco Corp (SYY.N) and US Foods Inc [USFOO.UL] hinges on the top two U.S. food companies helping to turn a far smaller rival into a national player to ease antitrust concerns, but the gap may be too big, analysts said.
Largest Canadian insurer Manulife Financial Corp's (MFC.TO) U.S. unit will buy New York Life Insurance Co's retirement services business for an undisclosed amount.
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