News Archive - 29 October 2015

>The deal, which could be announced as early as next month, could still fall apart as the hotel giants did not reach any agreement yet, the newspaper said. FRHI, which operates luxury hotel brands like Fairmont, Raffles and Swisshotel, hired Deutsche Bank and Morgan Stanley to estimate the market value...

>Charter Communications Inc (CHTR.O) said its acquisition of Time Warner Cable Inc (TWC.N), which is awaiting clearance from U.S. regulators, is now expected to close in the first quarter of 2016, and not by the end of 2015 as planned.The $56 billion deal, announced in May,...

>"Yes, yes they should ... there's a lot of evidence they misled people," Clinton said replying to a question by climate activists after a campaign event at a community college in Berlin, New Hampshire. "She immediately agreed and was very enthusiastically supportive," Jordan Cichon with the group 350 Action told Reuters.

>NEW YORK For those wondering whether they can bring their guns with them to the Trump-branded hotels and golf courses that dot the United States' classier corners, Donald Trump may have only added to their uncertainty during Wednesday's Republican debate.The billionaire real-estate developer and presidential contender indicated he thought...

>WASHINGTON Newly elected U.S. House Speaker Paul Ryan on Thursday promised to sweep away Republican Party differences and repair a "broken" House of Representatives by returning legislative power to committees and rank-and-file members.Ryan won 236 votes among the chamber's 247 Republicans to be elected speaker, abandoned by only...

>Apple asked the high court on Wednesday to review a June ruling that favored the U.S. Department of Justice, and found the company liable for engaging in a conspiracy that violated federal antitrust laws.If upheld, the decision would also force Apple to pay consumers $450 million under a...

>SEOUL Samsung Electronics and group companies are trying a belated push into the business of supplying technology to car makers, while rivals are already sewing up lucrative deals with an industry that is notoriously difficult to break into. Data compiled by Thomson Reuters IP & Science shows the world's top...

>Apple's loyal army of software developers is joining the tech giant in its bid to conquer the living room with a new version of Apple TV, creating apps for the big screen that they hope will attract users and unlock a rich source of revenue.A long-awaited update to Apple...

>VIENNA Washington stuck to its demand on Thursday that Syrian President Bashar al-Assad leave power, ahead of peace talks which will include Assad's main ally Iran for the first time, reflecting his stronger position since Russia joined the war on his side.Throughout four years of war that has killed...

>BEIJING China will ease family planning restrictions to allow all couples to have two children after decades of a strict one-child policy, the ruling Communist Party said on Thursday, a move aimed at alleviating demographic strains on the economy.The policy is a major liberalization of the country's family planning...

>U.S. stocks ended slightly lower on Thursday as the market digested the potential for an interest rate hike in December and some disappointing tech earnings reports.The Federal Reserve, which kept rates unchanged at its policy meeting that ended Wednesday, downplayed concerns about global growth and indicated confidence in...

>Initial claims for state unemployment benefits increased 1,000 to a seasonally adjusted 260,000 for the week ended Oct.24, the Labor Department said on Thursday. They remained not too far from levels last seen in late 1973. The prior week's claims were unrevised. It was the 34th straight week that...

>Starbucks Corp (SBUX.O) brewed up strong quarterly sales and profit growth, but its disappointing profit forecast for this holiday quarter dragged down its shares.Starbucks estimated earnings in the fiscal first quarter, its biggest for revenue, of 44 cents to 45 cents, excluding items, saying the strong dollar would...

>LinkedIn Corp's (LNKD.N) quarterly revenue and profit handily beat analysts' estimates as the world's biggest professional networking website operator earned more from its recruitment services business and from advertisements and paid memberships. Shares of the company, which also raised its full-year profit and revenue forecasts, jumped 12 percent in...