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  • AMSTERDAM, Sept 15- Beneath the low beams of a converted warehouse in Amsterdam lives a company with many of the attributes of a Silicon Valley startup, except that at less than a year old it has zero venture capital and says it is already making enough money to sustain itself.

  • *Leading investors include Harvest Fund Mgt, China Life Insurance, Tencent. HONG KONG/ BEIJING, Sept 14- Sinopec Corp will sell a 107.1 billion yuan stake in its retail unit to a group of 25 Chinese and foreign investors, Asia's top oil refiner said in a statement on Sunday.

  • RadioShack mulls financing from banks: Report Friday, 12 Sep 2014 | 6:40 PM ET

    RadioShack is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP it tries to avert bankruptcy.

  • Sept 12- RadioShack Corp is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP as the U.S. electronics retailer tries to avert bankruptcy, the Wall Street Journal reported, citing people familiar with the matter.

  • Sept 12- Hudson City Bancorp Inc said Chief Executive Ronald Hermance Jr., 67, passed away unexpectedly on Thursday evening, and named Chief Operating Officer Denis Salamone as successor. His passing comes before the close of M&T Bank Corp's acquisition of Hudson City for $3.7 billion.

  • Hudson City CEO Ronald Hermance passes away Friday, 12 Sep 2014 | 11:41 AM ET

    Sept 12- Hudson City Bancorp Inc said its Chief Executive Ronald Hermance Jr. passed away unexpectedly on Thursday evening. Hermance, whose career spanned 26 years at Hudson City, was credited with overseeing Hudson City Savings Bank's reorganization to a publicly-held company from a mutual savings bank.

  • Sept 12- Precious metals miner Fresnillo Plc said it would buy Newmont Mining Corp's 44 percent stake in their Mexico joint venture mines for $450 million in cash, increasing its exposure to gold mining in the country.

  • Business Highlights Thursday, 11 Sep 2014 | 5:57 PM ET

    Launched in 2006 to a flurry of media coverage, the Mountain View, California- based company seemed to have every strategic advantage: millions in startup cash, celebrity endorsements, and a chief executive married to one of the co-founders of Google. RadioShack warns of possible Chapter 11 bankruptcy.

  • Hertz to appoint three Icahn nominees to its board Thursday, 11 Sep 2014 | 4:33 PM ET

    Sept 11- Car rental company Hertz Global Holdings Inc said it would add three directors nominated by billionaire investor Carl Icahn to its board.

  • UPDATE 2-RadioShack says may file for bankruptcy Thursday, 11 Sep 2014 | 9:35 AM ET

    Sept 11- Troubled electronics retailer RadioShack Corp said it may need to file for bankruptcy protection if its cash situation worsens, after reporting its tenth straight quarterly loss.

  • UPDATE 1-RadioShack says may file for bankruptcy Thursday, 11 Sep 2014 | 7:55 AM ET

    Sept 11- Troubled electronics retailer RadioShack Corp said it may need to file for bankruptcy if its cash situation worsens, after reporting its tenth straight quarterly loss. RadioShack, whose sales have been in a free-fall since 2010, said it was working with its lenders and landlords to restructure its debt and cut costs.

  • UPDATE 1-RadioShack restructuring begins to takes shape Wednesday, 10 Sep 2014 | 8:26 PM ET

    Sept 10- Troubled electronics retailer RadioShack Corp, whose shares swung wildly on Wednesday, is being advised by a restructuring attorney at law firm Jones Day as it tries to strike a deal with creditors to close stores while averting bankruptcy, two people close to the matter told Reuters.

  • RadioShack plunges after brokerage cuts price target to $0 Wednesday, 10 Sep 2014 | 12:01 PM ET

    Sept 10- Troubled electronics retailer RadioShack Corp's shares have lost nearly a third of their value since brokerage Wedbush Securities said on Tuesday the company could file for bankruptcy soon, making the stock worthless by the end of this year.

  • Sept 9- Home improvement retailer Home Depot Inc has been sued over data breach by a customer, saying the company failed to properly safeguard customer data from hackers, a lawsuit filed in a Chicago federal court showed on Tuesday.

  • Sept 9- Home improvement retailer Home Depot Inc has been sued over data breach by a customer, saying the company failed to properly safeguard customer data from hackers, a lawsuit filed in a Chicago federal court showed on Tuesday.

  • Delphi CEO O'Neal to retire next year Tuesday, 9 Sep 2014 | 9:48 AM ET

    DETROIT— Auto parts maker Delphi Automotive says CEO Rodney O'Neal will retire on March 1 of next year. The company says O'Neal will stay on as an adviser through 2015. Chief Financial Officer Kevin Clark will become chief operating officer Oct. 1 and succeed O'Neal as CEO next year.

  • US-Japan group calls for finishing trade pact Monday, 8 Sep 2014 | 10:37 AM ET

    DES MOINES, Iowa— Government officials from the United States and Japan called Monday for completion of an international trade agreement that they said would strengthen ties between the two allies and help both countries recover from their own economic struggles.

  • Hertz CEO Mark Frissora steps down Monday, 8 Sep 2014 | 8:10 AM ET

    Sept 8- Hertz Global Holdings Inc said Chief Executive Mark Frissora has stepped down for personal reasons. The car rental company's board appointed Hertz Equipment Rental Corp's head, Brian MacDonald, as interim CEO. Hertz also appointed independent lead director Linda Fayne Levinson as independent non-executive chair of the board.

  • SINGAPORE, Sept 8- The plan to save Malaysia Airlines could succeed where past endeavours have failed because the government has finally put politics aside by agreeing to sweeping job cuts, people briefed on the restructuring told Reuters. Flight MH370 remains missing since it disappeared en route to Beijing in March and MH17 was shot down over Ukraine in July.

  • DreamWorks Studios names Turner executive CEO Thursday, 4 Sep 2014 | 1:54 PM ET

    Sept 4- DreamWorks Studios, the movie production company co-founded by Steven Spielberg, named Michael Wright as chief executive. Wright is currently president and head of programming at Time Warner Inc's TNT, TBS and Turner Classic Movies television networks. DreamWorks Studios is known for movies such as "Lincoln", "The Hundred-Foot Journey" and "Need For Speed".