Venture capitalist and entrepreneur Tim Draper is rolling in bitcoins after winning a U.S. government auction Monday. He bought 29,656 bitcoins — a new form of digital currency — ... Read More
Telefonica SA (TEF) won European Union approval to merge its German unit with Royal KPN (KPN) NV’s E-Plus after it pledged to bolster smaller rivals and divest spectrum, the ... Read More
Seeking to make Google Play Music a top competitor, Google Inc. bought music streaming service Songza, Reuters reported on Tuesday. Google revealed it will discover how to integrate aspects ... Read More
Jamie Dimon, whose eight years atop JPMorgan Chase & Co. (JPM) have made him one of Wall Street’s most powerful leaders, said he’ll start treatment for throat cancer, raising ... Read More
The Goldman Sachs banker who took social media platform Twitter public has been hired to be in charge of its finances. Anthony Noto, the former US bank’s co-head of telecoms, ... Read More
BNP Paribas’ guilty plea and agreement to pay nearly $9 billion for violating U.S. sanctions is part of a larger U.S. Justice Department shift in strategy that is expected ... Read More
India’s new Prime Minister plans to overhaul the country’s massive state-run railway system. Originally built under British colonial rule, the train system is one of the largest in the ... Read More
The Bank for International Settlements (BIS) has warned that “euphoric” financial markets have become detached from the reality of a lingering post-crisis malaise, as it called for governments to ... Read More
The European Commission has approved a request from Bulgaria to provide funding for some of the country’s biggest banks. The Commission extended a credit line of 3.3bn levs ($2.3bn; ... Read More
Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far in 2014, raising year-to-date global ... Read More
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