Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

61-70 results from 1000 for query «billion»

December 13, 2018 1:26 PM GE's digital unit to sell majority stake in ServiceMax

(Reuters) - General Electric Co (GE.N) on Thursday said its digital unit would sell a majority stake in ServiceMax, a cloud-based provider of software used in inventory and workforce management, to technology-focused private equity firm Silver Lake. GE will retain a 10 percent equity in ServiceMax, a business it acquired for $915 million in 2016. (reut 131

December 13, 2018 11:21 AM Minnesota Vikings fan puts team's home stadium up for sale on Craigslist

The Vikings celebrate a touchdown at U.S. Bank Stadium. (Photo by Nick Wosika/Icon Sportswire via Getty Images) The Minnesota Vikings had a ton of expectations coming into the 2018 season after being one win away from a Super Bowl berth in January. This year, the team has largely been a disappointment -- and fans have taken notice. After Minnesota lost 21-7 on the road against 146

December 13, 2018 11:02 AM Top German court rules Uber limousine service illegal

KARLSRUHE, Germany (Reuters) - Germany’s highest court ruled on Thursday that a defunct limousine service offered by Uber [UBER.UL] was illegal, in a setback for the U.S. ride-hailing company that has struggled to comply with the law in Europe’s largest economy. The Federal Court of Justice, handing down a final decision, upheld lower-court rulings in favor 118

December 13, 2018 3:25 AM Alibaba-backed Lazada appoints new CEO; second change in 2018

SINGAPORE (Reuters) - Lazada Group, a Southeast-Asian e-commerce company backed by Alibaba Group Holding, appointed Pierre Poignant as its new chief executive officer (CEO) on Thursday as part of its succession planning. Poignant, the company’s executive president, will succeed Lucy Peng as CEO with immediate effect, Lazada said in a statement. Peng will remain 136

December 13, 2018 1:25 AM UFC 233 canceled; bouts rescheduled

The UFC 233 fight card will not be held as scheduled Jan. 26 in Anaheim, Calif., the UFC announced Wednesday. The bouts that were due to be held that date are being moved to other dates and locations. UFC 234, set for Feb. 10 at Rod Laver Arena in Melbourne, Australia, will retain that name even without a “UFC 233” preceding it. UFC officials confirmed 104

December 11, 2018 11:04 PM China's Tencent Music raises nearly $1.1 billion in U.S. IPO

NEW YORK/HONG KONG (Reuters) - China-based music streaming company Tencent Music Entertainment Group TME.N has raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricing its shares at the bottom of its targeted range, two sources said on Tuesday. The music arm of gaming and social network giant Tencent Holdings Ltd (0700.HK) priced 136

December 11, 2018 10:03 PM Boeing needs a surge to hit year-end delivery goal

(Reuters) - Shares in Boeing Co (BA.N) slipped 2 percent on Tuesday after November deliveries suggested the world’s largest planemaker will need a surge in deliveries in December to hit its year-end targets, though it surpassed some analyst expectations. Boeing said it delivered 61 of its top-selling 737 single-aisle jetliners in November, above its monthly 99

December 11, 2018 8:10 PM Trump said he would consider Democrats' proposals: Schumer

WASHINGTON (Reuters) - President Donald Trump said he would think about the budget proposals made by Democrats in a testy White House meeting Tuesday, Senate Democratic leader Chuck Schumer said. Schumer said he and House Democratic leader Nancy Pelosi had asked Trump to accept one of two ways of packaging and passing legislation to end a dispute focused 123

December 11, 2018 2:36 PM Fintech startup Plaid valued at $2.65 billion in latest funding round: source

(Reuters) - Fintech startup Plaid has raised $250 million in its latest funding round led by one of Silicon Valley’s top investors, Mary Meeker, which according to a source familiar with the matter values the company at $2.65 billion. The company, which counts Goldman Sachs, American Express and Citigroup as its investors, said on Tuesday it expects 122

December 11, 2018 7:34 AM U.S. fund Castlelake to buy planes from AirAsia in $800 million deal: sources

SINGAPORE (Reuters) - U.S. private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd (AIRA.KL) for a total price of roughly $800 million, people familiar with the transaction said. The deal underscores the strong appetite of funds to invest in the global aircraft leasing sector, which 105