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Samsung placing product images in Youku videos, targeting Chinese viewers

By Malathi Nayak NEW YORK (Reuters) – Advertising technology company Mirriad says it is working with Samsung Electronics Co Ltd and China's video site Youku to market Samsung products to Chinese viewers who are gravitating toward streaming video content. For instance, in …

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Samsung placing product images in Youku videos, targeting Chinese viewers

Piech, Porsche families say united behind VW management: Spiegel

The Piech and Porsche families that control more than 52 percent of Volkswagen have vowed to back senior management, setting aside past disputes as the carmaker struggles to overcome an emissions scandal, Der Spiegel reported on Saturday. In a rare interview, …

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Piech, Porsche families say united behind VW management: Spiegel

New York governor approves new regulations on Airbnb

(Reuters) – New York Governor Andrew Cuomo approved legislation on Friday that would place new regulations on online home rental companies like Airbnb. Existing New York state law bars most urban apartment-dwellers from renting out their units for less than 30 days if they are not present. The law recently passed by the state legislature would bar even …

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New York governor approves new regulations on Airbnb

Venezuela’s Maduro says oil producers close to output cap deal

BAKU/DUBAI (Reuters) – Venezuelan President Nicolas Maduro was quoted on Saturday as saying that OPEC and non-OPEC nations were “very close” to an agreement on oil production curbs, Azerbaijan's state news agency Azertag reported

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Venezuela’s Maduro says oil producers close to output cap deal

AT&T to buy Time Warner for $85 billion, create telecom-media giant

AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its high-speed network to attract a growing number of online viewers. The …

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AT&T to buy Time Warner for $85 billion, create telecom-media giant

Exclusive: Dick’s wins auction for U.S. business of bankrupt Golfsmith – sources

Dick's plans to keep open at least 30 Golfsmith stores and wind down the rest with liquidators from Hilco Global and Tiger Capital Group, the people said. Golfsmith had 109 stores in the United States at the time of its bankruptcy filing last month, and has been closing stores since then. With the bid, Dick's, the largest U.S. sporting goods retailer, also won Golfsmith's intellectual

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Exclusive: Dick’s wins auction for U.S. business of bankrupt Golfsmith – sources

Audi to buy back 25,000 diesel Q7 models in U.S.: Der Spiegel

FRANKFURT (Reuters) – Volkswagen's premium division Audi will buy back 25,000 diesel engined cars in the United States to compensate owners whose cars do not meet exhaust emission standards, German weekly Der Spiegel said on Friday.

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Audi to buy back 25,000 diesel Q7 models in U.S.: Der Spiegel

BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal

British American Tobacco has offered to buy out U.S. cigarette maker Reynolds American Inc in a $47 billion takeover that would create the world's biggest listed tobacco company with brands including Newport, Lucky Strike and Pall Mall. The cash-and-stock deal would mark the return of BAT to the lucrative and highly regulated U.S. market after a 12-year absence, making …

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BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal

McDonald’s U.S. sales revive amid stiff competition

Sales at established U.S. restaurants rose 1.3 percent as a result, offsetting the negative impact of competition and lower grocery prices that encouraged some diners to cook at home. The result from the United States, which accounts for about 40 percent of overall profit at McDonald's, just exceeded analysts' lowered expectations, and was not as …

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McDonald’s U.S. sales revive amid stiff competition

SunEdison creditors launch lawsuit against lenders in bankruptcy battle

By Jessica DiNapoli NEW YORK (Reuters) – A group of SunEdison Inc lenders took control of the renewable energy developer after inking a “sweetheart deal” to try to save their investment as the company approached bankruptcy, hurting other creditors, according to a lawsuit filed late Thursday in U.S. bankruptcy court. SunEdison transferred “hundreds of millions of dollars” to the lenders, which included buyout firms Apollo Global Management LLC…

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SunEdison creditors launch lawsuit against lenders in bankruptcy battle

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