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Headlines
Saturday, 22 July
Democrats in U.S. Congress urge review of Amazon's Whole Foods deal
1d ago - WASHINGTON (Reuters) - A group of Democrats in Congress urged the U.S. Department of Justice and Federal Trade Commission in a letter this week to conduct a more in-depth review of online retailer Amazon.com Inc's plan to buy grocer Whole Foods Market Inc.
UK property funds planned poorly for Brexit vote turmoil - watchdog
1d ago - LONDON (Reuters) - Asset managers did not plan properly or have clear procedures for valuing their property funds under stressed market conditions such as those in the aftermath of Britain's June 2016 vote to leave the European Union, the UK's markets watchdog said on Thursday.
Show and sell: shift in global ad spending boosts events firms
1d ago - BENGALURU (Reuters) - Organizers of conferences and trade shows are benefiting from a shift in the way marketing budgets are allocated, with companies spending less on advertising and more on events that allow them to connect directly with customers.
BP in Talks to Sell North Sea Assets -- WSJ
1d ago -
Exclusive - Baidu, JD.com to join others investing $12 billion in China Unicom: sources
1d ago - HONG KONG (Reuters) - Baidu Inc (>> Baidu) and JD.com (>> JD.com) will join other big Chinese technology firms, including Tencent Holdings (>> Tencent Holdings Ltd), to jointly invest about $12 billion (9.22 billion pounds) into state-owned mobile carrier China Unicom, two people with direct knowledge of the matter said.
Audi to recall 850,000 diesel cars to update emissions software
1d ago - FRANKFURT (Reuters) - Luxury car maker Audi (>> Audi AG) has launched a recall for up to 850,000 diesel-fueled cars to update vehicle software controlling emissions in a bid to avoid potential driving bans, it said on Friday.
Permira joins payments rush by buying into Sweden's Klarna
1d ago - LONDON (Reuters) - Private equity group Permira has bought a stake of at least 10 percent in payments firm Klarna, one of Europe's most highly valued tech startups, the companies said on Friday.
Santander seeks bids by July 24 for Popular property assets - sources
1d ago - LONDON/MADRID (Reuters) - Spain's Banco Santander is seeking bids by next Monday for some 30 billion euros (26.84 billion pounds) of property assets from Banco Popular, three sources familiar with the matter said.
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