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GoDaddy in exclusive talks to buy Host Europe: sources

U.S. website domain name provider GoDaddy is in exclusive talks to buy peer Host Europe Group (HEG) as it seeks to expand in higher-margin businesses beyond the initial set-up of websites, people close to the matter said. Arizona-based GoDaddy, the world's largest website address registrar, has branched into hosting websites itself for small businesses and consumers. A purchase of HEG would help GoDaddy accelerate its shift into the more profitable

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J&J makes takeover approach for Swiss drugmaker Actelion: Bloomberg

(Reuters) – U.S. healthcare company Johnson & Johnson has approached Swiss biotechnology firm Actelion Ltd about a potential takeover, Bloomberg reported on Thursday, citing people it said were familiar with the matter. The report said that deliberations are still at an early stage following Johnson & Johnson's initial offer, and Actelion is working with an adviser to explore options. Johnson & Johnson Chief Executive Alex Gorsky said earlier this year that the company

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J&J makes takeover approach for Swiss drugmaker Actelion: Bloomberg

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After cyber attacks, Internet of Things wrestles with making smart devices safer

SINGAPORE/TAIPEI (Reuters) – Recent cyber attacks harnessing everyday devices such as cameras, video recorders, printers, routers and speakers are a wake-up call to the hidden dangers of the Internet of Things. For a sense of that challenge, take AV Tech Corp, a once proud giant among CCTV camera makers whose 1990s building in a Taipei suburb hints …

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After cyber attacks, Internet of Things wrestles with making smart devices safer

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Exclusive: AB InBev gets at least six bids for Pilsner Urquell, other brands

LONDON (Reuters) – At least six indicative offers have been submitted by industry players and buyout funds for a group of beer brands being sold by Anheuser-Busch InBev , sources familiar with the matter said on Tuesday.

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Exclusive: AB InBev gets at least six bids for Pilsner Urquell, other brands

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U.S. targets corporate tax-reduction strategy with new regulation

The Obama administration, in its latest bid to prevent American companies from minimizing U.S. taxes by rebasing abroad, issued final rules on Thursday to combat a key tax-reduction technique known as earnings stripping. Six months after proposing the regulations, the U.S. Treasury made good on its pledge to move swiftly against corporate tax inversions by rolling out the new final rule, despite opposition from business groups and…

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U.S. targets corporate tax-reduction strategy with new regulation

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Exclusive: Hershey CEO Bilbrey prepares to step down – sources

(Reuters) – The chief executive of Hershey Co , the chocolate company that Oreo cookie-maker Mondelez International Inc tried to acquire earlier this year, is preparing to step down by next summer, people familiar with the matter told Reuters on Thursday.

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Exclusive: Hershey CEO Bilbrey prepares to step down – sources

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Bank Hapoalim warns on profits due to U.S. tax probe

Bank Hapoalim , Israel's largest bank, said on Thursday it would make a further provision estimated at $70 million for settling a U.S. tax evasion investigation which could have “a significant impact” on its third-quarter results. The…

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Apple will not give first-weekend sales of iPhone 7

By Julia Love SAN FRANCISCO (Reuters) – Apple Inc will not release first-weekend sales of its new iPhone 7, the company said on Thursday, making it harder for analysts to get a …

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Apple will not give first-weekend sales of iPhone 7

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Dell to cut 2,000-3,000 jobs as EMC deal closes: Bloomberg

Most of the job cuts will be in the United States, Bloomberg reported on Thursday, citing people familiar with the matter. The layoffs will be mainly in supply chain, marketing and general and administrative divisions, Bloomberg said, adding that the combined company has 140,000 employees. “As is common with deals of this size, there will be some overlaps we will need to manage

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Volkswagen to spend at least $1.2 billion to compensate U.S. dealers: sources

Volkswagen AG has agreed to spend more than $1.2 billion to compensate its 650 U.S. dealers for their losses from the German automaker's diesel emissions scandal, two sources briefed on the matter…

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Volkswagen to spend at least $1.2 billion to compensate U.S. dealers: sources

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