News Corp. acquiring Move Inc. for $950 million
News Corp. has announced that it will be purchasing Move Inc., America’s third biggest online real estate listing company, for $950 million.
Move Inc.’s...
Japanese business confidence is up despite poor industrial production
In the three months to September Japanese business confidence has improved, according to the Bank of Japan’s quarterly study.
The Takan survey included over 10,000...
Enbridge plans to develop a multibillion-dollar pipeline through Colombia
Calgary based, Enbridge Inc, is exploring opportunities outside North America, with plans to develop a multibillion-dollar pipeline through Columbia.
The company said that it’s been...
Reddit raised $50 million and will distribute 10% with community members
Reddit has confirmed it raised $50 million in in Series B funding and will use 10 percent of the equity to distribute it with...
US stocks down showing signs of market volatility
U.S. stocks have dropped today with a surge of investors selling on the last day of the quarter.
The dip was fueled by major...
PayPal to split from eBay in 2015
PayPal is going to be spun off from eBay in the second half of 2015 and become its own separate publicly traded company.
Ebay’s board...
British consumer confidence down in September
British consumer confidence declined in September from a nine-year high as households showed marginally greater pessimism regarding their personal finances. GfK’s UK Consumer Confidence...
Wonga profits fall by 53 percent due to ‘remediation costs’
Wonga, the payday lender, on Tuesday posted a 53% decline in profits to £39.7 million for 2013. The London-based short-term, high-cost credit business blamed...
UK house prices dropped 0.2% after rising for 16 months
UK house prices fell by 0.2% after 16 successive months of increases, according to a report published on Tuesday by lender Nationwide Building Society....
Gold price falls as US economy shows promise
Gold has dropped to its lowest price since January, with the US economy showing signs of good economic growth the demand for protection of...