Citic Pacific Ltd. plans to sell about $4 billion of shares to restore its public float after absorbing assets from state-owned parent Citic Group Corp., people with knowledge of ... Read More
Spark Capital invested in Oculus VR Inc. in June after the firm’s partners bought the company’s virtual-reality goggles online. The bet ended in a 20-fold gain following Facebook Inc.’s ... Read More
A dramatic surge in interest from wealthy Chinese is threatening to overwhelm a U.S. program offering investors green cards in exchange for cash. The number of applicants is now ... Read More
The Walt Disney Co has agreed to buy Maker Studios, one of YouTube’s largest networks, for $500 million, a deal that makes Disney a major online video distributor and ... Read More
Oil prices rose back above $100 a barrel Monday as an oil spill in Texas closed a major shipping channel and continuing global tensions over the crisis between Russia ... Read More
U.S. stocks fluctuated as an index of manufacturing slowed while European shares snapped two days of gains amid concern the Ukraine crisis may escalate. The yen and gold weakened. ... Read More
Apple may have grand ideas about how to reinvent television, but for now, rather than attempting an end-run around the industry’s incumbents, it continues to seek partnerships with them. ... Read More
China’s manufacturing industry weakened for a fifth straight month, according to a preliminary measure for March released today, deepening concern the nation will miss its 7.5 percent growth target ... Read More
Asian shares rose, with the regional index rebounding from its biggest two-week decline since June, and the yen fell. Nickel slid after a seventh weekly gain as a preliminary ... Read More
Russia completed the process of annexing Crimea and the European Union signed a political pact with Ukraine, escalating the worst standoff between Russia and the West since the Cold ... Read More
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