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China is considering providing as much as 100 billion yuan in government funding to build electric-vehicle charging facilities and spur demand for clean cars, according to two people familiar with the matter.
Local shares are set to open lower as momentum faded in both Europe and on Wall Street though major benchmarkets hover near record highs.
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Square, led by Twitter co-founder Jack Dorsey, is reportedly raising $200 million in new funding that places the value of the company at $6 billion, up 20 percent from earlier this year.
Director Joshua Oppenheimer 's documentary The Act of Killing was not only one of the best films of last year, but also one of the most harrowing, disturbing, and impactful documentaries ever made.
Major U.S. stock indexes edged higher in morning trading Wednesday, drifting slightly from the record highs the day before.
The Russian billionaire's investment firm DST Global invested in Snapchat earlier this year at a $7 billion valuation, according to two people familiar with the matter.
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Global private equity firm Carlyle Group is in advanced talks with China Vanke Co Ltd, the country's largest property developer, to buy stakes in nine of its shopping malls, two people with direct knowledge of the matter told Reuters.
Arthur Goldman, a Pennsylvania attorney, was recently convicted of selling wine without a license.
Masters of the Universe aren't known for having anything resembling a jewelry collection except for one item - a watch.
Kleiner Perkins Caufield & Byers has agreed to invest in the fast-growing ephemeral message service Snapchat Inc. at a valuation of close to $10 billion, people with knowledge of the matter said.
Charles Schwab Corp. has lost a $15 million arbitration case against Morgan Stanley, which it accused of improperly recruiting brokers from a Schwab San Francisco branch who left with confidential trade secrets.
* Chevron Corp has been searching for up to $1.5 billion of equity investment to help develop its Duvernay shale formation assets in Canada and contacted potential investors including private-equity firms, according to people familiar with the matter.
"The purchase gives Burger King access to a coffee brand with a cult following, which may help boost breakfast sales.
Burger King announced that it has reached a deal to buy Canadian doughnut chain Tim Hortons and base itself in Canada, a controversial transaction that might cut its U.S. tax bill.
Warren Buffett's Berkshire Hathaway Inc. is providing financing for Burger King Worldwide Inc.'s planned takeover of Tim Hortons Inc., the latest deal being backed by a commitment from the billionaire.
Updated: Thu Aug 28, 2014 03:31 am
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