AT&T bids for Yahoo's internet business - Bloomberg


AT&T Inc, the No. 2 U.S. wireless carrier, has made a bid for Yahoo Inc's internet business, Bloomberg reported on Wednesday, citing people familiar with the matter.

Cameron says Tata Steel UK gets 'encouraging' offers 1:43am IST

NAGOYA, Japan/LONDON Tata Steel has received a number of serious offers for its businesses in Britain, Prime Minister David Cameron said on Wednesday as steel workers marched past Downing Street to put pressure on the government to get a deal.

Ruchi Soya and Adani Wilmar plan joint venture in India 25 May 2016

SINGAPORE Ruchi Soya and Adani Wilmar said on Wednesday they planned a joint venture in India to tap into the country's growing food demand and purchasing power.

Bayer CEO expects Monsanto to respond positively to deal proposal 23 May 2016

FRANKFURT German drugs and pesticides group Bayer said it was confident that Monsanto would take a positive view of its $62 billion takeover proposal.

Ares Capital to buy American Capital in deal valued at $3.4 billion 24 May 2016

Specialty finance company Ares Capital Corp agreed to buy smaller rival American Capital Ltd in a cash-and-stock deal valued at $3.4 billion, aiming to capture a bigger share of lending to mid-sized firms as big banks turn cautious.

Tribune gets $70.5 million investment, rejects Gannett offer 24 May 2016

Tribune Publishing Co, owner of the Los Angeles Times and the Chicago Tribune, said Los Angeles billionaire Patrick Soon-Shiong has invested $70.5 million in the company, becoming its second largest shareholder. | Video

Tata Communications to sell stake in data centre to ST Telemedia for $630 million 19 May 2016

MUMBAI Tata Communications Ltd is selling a 74 percent stake in its data centre business to Singapore-based ST Telemedia for about $630 million including debt, the company said on Thursday.

JSW Steel in talks with Sandur Manganese for long-term iron ore supply 18 May 2016

MUMBAI India's JSW Steel Ltd, the flagship company of steel tycoon Sajjan Jindal, has started talks with Sandur Manganese about a long-term iron ore supply agreement, a company official said on Wednesday.

New Fitbit bands may soon double up as mobile wallets 18 May 2016

Fitbit users could soon make payments with a flick of the wrist, as the maker of the simple yet hugely popular fitness bands races to pack in more features in its products.

China's Midea makes $5-billion bid for German robot maker 18 May 2016

FRANKFURT Chinese home appliance maker Midea Group made an offer on Wednesday to buy German factory robot manufacturer Kuka AG, the latest bid by a Chinese investor to gain control of cutting-edge German industrial technology.

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