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  • Popular Chinese actress Fan Bingbing attends the maiden voyage press conference of Ovation of the Seas on April 12, 2016 in Beijing, China.

    Cruise ship operator Royal Caribbean docked the $1 billion Ovation of the Seas in Hong Kong Thursday in a bid to sail on the tourism trend.

  • SAN FRANCISCO, June 16- Shares of firearm makers rose on Thursday ahead of Smith& Wesson Holding's quarterly report, following volatility this week after a shooting attack that killed 49 people at a gay nightclub in Orlando. Gunmaker Sturm Ruger said in February it expects a lift in demand for its firearms if a Democrat wins the presidential election on Nov. 8 and...

  • Shares in the owner of chains such as Ralphs, Food 4 Less and Fred Meyer were up 1 percent to $36.06 in afternoon trading. Net income attributable to Kroger rose about 10 percent to $680 million, or 70 cents per share, in the first quarter. The Cincinnati- based company operates 2,778 retail food stores in a brutally competitive industry where its rivals include...

  • June 16- Hong Kong shares slumped more than 2 percent on Thursday as fears of a possible British exit from the European Union outweighed relief after the U.S. Index heavyweight Tencent Holdings Ltd fell 2 percent, with investors unimpressed by news that China's biggest social network and online entertainment company is making another big push into the...

  • LONDON, June 16- European stocks fell on Thursday, with regional equity indexes dropping towards their lowest level in nearly four months as concerns lingered over Britain's vote next week on its European Union membership. Shares in UBS and Credit Suisse fell more than 2 percent, after the Swiss National Bank said those two banks would likely each need to raise...

  • TOKYO, June 16- Asian stocks turned lower on Thursday and the yen surged after the Bank of Japan refrained from taking further stimulus steps, hours after the Federal Reserve's own review had struck a cautious note on its policy outlook. MSCI's broadest index of Asia-Pacific shares outside Japan was last down 0.8 percent after briefly rising in early trade.

  • *HMI shares rise by maximum daily limit in Taipei. June 16- Chipmaking equipment giant ASML Holdings NV has agreed to buy Taiwanese peer Hermes Microvision Inc for about T $100 billion in a deal to boost their firepower in high-tech services for semiconductor makers. The transaction, announced in a joint statement, comes as firms like Taiwan Semiconductor...

  • June 15- Envision Healthcare Holdings Inc and AmSurg Corp said they would merge in an all-stock deal to create a healthcare service provider with a proforma market value of about $10 billion. Envision shares fell 6.4 percent to $25.75 in extended trading, while AmSurg's stock rose 1.6 percent to $78.73. AmSurg Chief Executive Christopher Holden will lead the...

  • LONDON, June 15- European shares rose on Wednesday after a five-day losing streak caused by jitters over next week's British referendum on European Union membership, with Zodiac Aerospace surging after posting higher sales. The pan-European FTSEurofirst 300 index was 1.4 percent higher by 1435 GMT, as was the pan-European STOXX 600 index.

  • *Shares rise after five-day losing streak. LONDON, June 15- European shares rose early on Wednesday after a five-day losing streak caused by jitters about next week's British referendum on European Union membership, with Zodiac Aerospace surging after posting higher sales. Mining stocks were among the best performers, with Anglo American and Antofagasta up...

  • TOKYO, June 15- Asian shares dipped to near three-week lows while safehaven assets such as U.S. bonds and the yen were in demand on Wednesday on growing anxiety Britain will choose to leave the European Union next week. "There will be some disappointment over the MSCI decision at a time when China's economic fundamentals are not conducive to rallies in share...

  • BERLIN, June 14- China's Midea Group Co Ltd wants a stake of no more than 49 percent in German industrial robot maker Kuka and will resell any shares it acquires beyond that threshold, German coalition sources said on Tuesday. Shares in Kuka fell 3.4 percent to 102.45 euros on Tuesday, one of the leading decliners in the German mid-cap index, which was down 1.3...

  • TORONTO, June 14- Canada's main stock index fell on Tuesday as financial stocks pulled back ahead of Britain's vote on whether to leave the European Union, but shares of energy companies rebounded despite oil prices continuing to slip. Royal Bank of Canada fell 1 percent to C $77.74, Toronto-Dominion Bank declined 0.5 percent to C $56.26, and Bank of Nova Scotia...

  • Family businesses often bring in outside professionals to take them to the next level, but fail because they fail to embrace change.

    Successful family firms often bring in outsiders to fill key positions, but set themselves up for failure due to one common error.

  • TOKYO, June 14- Asian stocks slipped on Tuesday amid growing worries this month's referendum in Britain could see it exit the European Union, while markets were also nervous ahead of the U.S. The pound and euro have suffered in recent sessions as economists fear that the so-called Brexit would tip Europe back into recession. MSCI's broadest index of...

  • June 13- Chinese online search giant Baidu Inc cut its revenue forecast for the current quarter, saying regulatory scrutiny into healthcare and related ads was hurting its advertising revenue. Baidu cut its revenue forecast for the second quarter to $2.81 billion- $2.82 billion from $3.12 billion- $3.19 billion, citing "a reduction or delay in spend from a...

  • LONDON, June 13- G4S shares fell as much as 8 percent on Monday after the disclosure that one of its employees was the gunman who killed 49 people at a packed gay nightclub in Florida. Omar Mateen, 29, a Florida resident and U.S. citizen, had undergone company screening as recently as 2013 with "no findings," the British company said on Sunday. At that time, the company...

  • June 13- Microsoft Corp agreed to buy LinkedIn Corp for $26.2 billion in its biggest-ever deal, combining the software giant's fast-growing cloud services business with an online network of 433 million professionals. LinkedIn's shares soared 48 percent to $194.00 in early New York Stock Exchange trading and Microsoft's shares were down 4 percent.

  • Smith& Wesson Holding Corp shares were up 8.8 percent at $23.30, while those of Sturm, Ruger& Co Inc rose 4.5 percent at $60. The rampage- carried out by the gunman, Omar Mateen, a New York- born Florida resident and U.S. citizen- was denounced by President Barack Obama, who had previously blasted congressional inaction on gun control. Sales were up only modestly from a...