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Reuters

Pearson CEO Fallon under spotlight as company struggles

Consumer

20 February, 2017

Pearson CEO Fallon under spotlight as company struggles

John Fallon needs to show he has a plan to navigate Pearson through the sinking sands of its main markets ......

Inbound China M&A deals surge on high consumer potential

Consumer

20 February, 2017

Inbound China M&A deals surge on high consumer potential

Overseas acquisitions by Chinese buyers are cooling after two record years as Beijing reins in capital outflows, but deals into ......

TCS to buy back shares worth up to $2.4 bn

TMT

20 February, 2017

TCS to buy back shares worth up to $2.4 bn

India's top software services exporter Tata Consultancy Services(TCS) will buy back shares worth up to 160 billion rupees ($2.4 billion), ......

Indian IT industry faces twin challenges of Trump, automation

TMT

18 February, 2017

Indian IT industry faces twin challenges of Trump, automation

Automation and the new US administration were the big unknowns at the Indian tech sector's annual shindig this week, with ......

Messaging app Snap eyes softer valuation in biggest tech IPO since Alibaba

TMT

17 February, 2017

Messaging app Snap eyes softer valuation in biggest tech IPO since Alibaba

Snap Inc, owner of the popular messaging app Snapchat, set a lower-than-expected valuation range on Thursday, amid mounting investor concern ......

Sovereign wealth funds ramp up direct PE investments; hire specialists

General

17 February, 2017

Sovereign wealth funds ramp up direct PE investments; hire specialists

Some of the world's biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on ......

Unilever rejects $143 bn takeover bid by Kraft Heinz

Consumer

17 February, 2017

Unilever rejects $143 bn takeover bid by Kraft Heinz

Unilever rejected a surprise $143 billion takeover bid from US food company Kraft Heinz Co on Friday, saying it saw ......

Reticent Patel flummox markets, businesses

General

17 February, 2017

Reticent Patel flummox markets, businesses

MUMBAI (Reuters) - Denny Jose, a small-town caterer in Kerala, was closely watching the RBI meeting last week.Newspapers and markets ......

Skype co-founder's VC firm Atomico raises $765 mn tech fund

General

16 February, 2017

Skype co-founder's VC firm Atomico raises $765 mn tech fund

Atomico, which has spent the past decade proving startups can prosper outside Silicon Valley, said on Thursday it had closed ......

Verizon may trim Yahoo deal value by up to $350 mn

TMT

16 February, 2017

Verizon may trim Yahoo deal value by up to $350 mn

Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc's (YHOO.O) core internet business for $250 ......