Toshiba $5 billion stock issue results in huge dilution but delisting risk removed

TOKYO (Reuters) - Toshiba Corp’s plan to raise some $5.4 billion through a sale of new shares will help it avoid a delisting, but will also see more 30 overseas...

Marvell Technology clinches roughly $6 billion deal to buy Cavium: sources

(Reuters) - Chipmaker Marvell Technology Group Ltd (MRVL.O) has agreed to acquire smaller peer Cavium Inc (CAVM.O) for around $6 billion, as it seeks to expand in the networking equipment...

Toshiba shares drop after plan to issue $5.4 billion in new shares

TOKYO (Reuters) - Shares of Toshiba Corp fell nearly 5 percent early on Monday, a day after the troubled conglomerate said it would raise 600 billion yen ($5.4 billion) from...

IBM could be set for gains after long slump: Barron's

NEW YORK (Reuters) - International Business Machines Corp (IBM.N) could be the next blue-chip company with a rising valuation, according to a report in financial publication Barron‘s. The logo for...

Driverless cars set for UK budget boost: finance ministry

LONDON (Reuters) - British finance minister Philip Hammond’s budget statement this week will include measures to encourage the development of driverless and electric cars, artificial intelligence and telecommunications, the finance...

Exclusive: Qualcomm set to win conditional Japanese antitrust okay for NXP deal – source

BRUSSELS (Reuters) - U.S. smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors and gain Europe’s approval by the end of...

China Citic, Baidu launch direct bank in fintech push

BEIJING (Reuters) - China Citic Bank Corp (601998.SS) and search engine giant Baidu Inc (BIDU.O) launched on Saturday a direct banking joint venture, dubbed AiBank, to capitalize on China’s rapidly...

Verizon close to announcing digital streaming deal with NFL: Bloomberg

(Reuters) - Verizon Communications Inc, no. 1 U.S. wireless carrier, is close to a new deal with the National Football League for digital streaming rights, Bloomberg reported, citing people familiar...

Brazil speaker wants city rules for Uber, other car-hailing apps

BRASILIA (Reuters) - The head of Brazil’s lower house of Congress said on Friday he hopes that the chamber will undo amendments by the Senate to a bill regulating ride-hailing...

Canadian grocery chain Loblaw says has ordered 25 Tesla electric trucks

TORONTO (Reuters) - Canadian grocery chain Loblaw Cos has placed an order for 25 of Tesla Inc’s new electric heavy duty trucks, a Loblaw spokeswoman said in a statement sent...

APLICATIONS

Netflix CEO gives conditional approval of AT&T-Time Warner deal

Netflix Chief Executive Reed Hastings said he was in favor of AT&T Inc's planned $85.4 billion acquisition of Time Warner Inc, provided that...