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Coverage: Hunger Games opening huge – and disappointing

Talking Biz News - 56 min 12 sec ago
The third movie in the Hunger Games franchise pulled in $123 million in its opening weekend. It was the biggest premier of 2014, but less than the other movies in the series. Ben Fritz...

Talking Biz News Today — Nov. 24, 2014

Talking Biz News - 59 min 27 sec ago
Some of Monday’s top business news stories: The New York Times Fellowship or internship? In media, the definition has become fluid, by Katherine Bindley Bidding in government auction of airwaves reaches $34 billion, by...

United Technologies CEO Louis Chenevert retires

Breaking Business News - 1 hour 11 min ago
(Reuters) - United Technologies Corp , the maker of elevators and air conditioners, said Chairman and Chief Executive Louis Chenevert would retire immediately.

China corruption watchdog launches inspections, eyes Sinopec

Breaking Business News - 1 hour 21 min ago
BEIJING (Reuters) - China's corruption watchdog has launched a series of inspections into state-owned enterprises and government bodies including China Petrochemical Corp (Sinopec Group), Asia's largest oil refiner, state media said on Monday.






Stock futures rise, boosted by merger activity

Breaking Business News - 1 hour 22 min ago
NEW YORK (Reuters) - U.S. stock index futures rose on Monday, indicating that major indexes would move further into record territory, on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action.

Carlyle seeking $5 billion for fund with longer life: Bloomberg

Breaking Business News - 1 hour 39 min ago
(Reuters) - Private equity firm Carlyle Group LP is looking to raise about $5 billion for a fund that can hold stakes in companies for as long as 20 years, Bloomberg reported.






RenaissanceRe to buy Platinum Underwriters for $1.9 billion

Breaking Business News - 1 hour 50 min ago
(Reuters) - RenaissanceRe Holdings Ltd said it would buy fellow Bermuda-based reinsurer Platinum Underwriters Holdings Ltd for about $1.9 billion to boost its U.S. business.

Visteon eyes $3.6 billion sale of South Korean unit: reports

Breaking Business News - 1 hour 51 min ago
SEOUL (Reuters) - U.S. automotive parts maker Visteon Corp has signed a preliminary deal to sell its controlling stake in South Korea's Halla Visteon Climate Control Corp to a local private equity firm for $3.6 billion, Korean media reports said.






French, British banks press EU to revise bank reform plans

Breaking Business News - 1 hour 57 min ago
PARIS (Reuters) - French and British banks are urging the European Commission to reconsider plans to isolate high-risk trading activities at big banks, warning the move could discourage lending to struggling economies.

BioMarin to buy Prosensa in $840 million deal

Breaking Business News - 1 hour 58 min ago
(Reuters) - BioMarin Pharmaceuticals Inc said it would buy Dutch drug developer Prosensa Holding NV for about $840 million including milestone payments, aiming to add to its portfolio of drugs to treat rare diseases.






Fashion chain Gap in deal with online retailer Zalando

Breaking Business News - 2 hours 12 min ago
BERLIN (Reuters) - Gap Inc has struck a deal with Europe's largest dedicated online fashion retailer Zalando to sell its core brand from next May, hoping to reach more consumers, particularly in markets where it has no physical stores.






Futures higher, building on recent gains

Breaking Business News - 2 hours 22 min ago
NEW YORK (Reuters) - U.S. stock index futures rose on Monday, indicating the market's recent strength would continue during a week that's expected to see light action ahead of the Thanksgiving holiday on Thursday.

Tesla says in talks with BMW over car batteries, parts

Breaking Business News - 2 hours 37 min ago
FRANKFURT (Reuters) - U.S. electric carmaker Tesla Motors is in talks with Germany's BMW over a possible collaboration in batteries and lightweight components, Tesla's Chief Executive Elon Musk told German weekly Der Spiegel.






Oil price seen falling to $60 if OPEC does not cut output

Breaking Business News - 2 hours 45 min ago
LONDON (Reuters) - Oil prices could plunge to $60 a barrel if OPEC does not agree a significant output cut when it meets in Vienna this week, market players say.

French, British banks press EU to revise bank reform plans

Breaking Business News - 3 hours 9 min ago
PARIS (Reuters) - French and British banks are urging the European Commission to reconsider plans to isolate high-risk trading activities at big banks, warning the move could discourage lending to struggling economies.






Aviva shares fall, Friends Life jumps 7 percent on merger news

Breaking Business News - 4 hours 20 min ago
LONDON (Reuters) - Aviva shares fell almost 4 percent and Friends Life jumped 7 percent on Monday following news of their possible 5.6 billion pound ($8.8 billion) merger, seen as providing a good fit in the life and pensions insurance sector.

Global stocks grind higher after central bank stimulus signals

Breaking Business News - 4 hours 24 min ago
LONDON (Reuters) - World stock markets ground their way higher on Monday after a frenetic round of activity at central banks in Asia and Europe showed they are willing to do more to support economic growth and higher inflation.






Stalled Greek bailout talks to resume in Paris on Tuesday

Breaking Business News - 4 hours 25 min ago
ATHENS (Reuters) - Greece's government will resume stalled talks with EU/IMF lenders in Paris on Tuesday, as Athens pushes to conclude a crucial review by inspectors so it can make an early exit to an unpopular bailout program.

GSK shareholders to vote on Novartis deal on Dec. 18

Breaking Business News - 5 hours 48 min ago
LONDON (Reuters) - Britain's GlaxoSmithKline has asked its shareholders to vote at a meeting on Dec. 18 on its proposed major deal with Switzerland's Novartis , which will see the two pharmaceutical group trade more than $20 billion of assets.






Dow Chemical CEO says not quitting Kuwait, but shifting strategy

Breaking Business News - 6 hours 55 min ago
DUBAI (Reuters) - U.S. petrochemicals giant Dow Chemical Co is not pulling out of Kuwait but is shifting strategy, its chief executive said on Monday, after the company announced plans to reduce its equity positions in all of its Kuwaiti ventures.