Kunal Bahl, CEO of Snapdeal, says the company is not selling to anyone after speculation that Alibaba is in talks to make an investment in the Indian company.» Read More
NEW DELHI, Sept 18- India will open talks on civil nuclear energy cooperation with China, Prime Minister Narendra Modi said on Thursday after summit talks with Chinese President Xi Jinping in New Delhi. Behind the scenes, China has been pressing India hard to begin talks on civil nuclear cooperation, said W.P.S. Sidhu, a senior fellow at Brookings India.
NEW DELHI, Sept 18- Indian and Chinese soldiers pulled back from a stand-off on a Himalayan plateau on Thursday, helping salvage the mood during a rare visit by China's President Xi Jinping to New Delhi aimed at opening a new phase in cooperation between Asia's giants. "China and India paid great attention to the aforementioned border issue.
Sept 18- UBM Plc, a British communications and events company, confirmed that it was in talks to acquire Advanstar, a privately held U.S. trade show organiser. Reuters reported on Tuesday that UBM was in advanced talks to acquire Advanstar for around $900 million. 1/ 8 ID: nL1N0RH0ZO.
Sept 18- Visa Inc said it was exploring options for its investment in Monitise Plc, a British mobile banking technology company, sending Monitise's shares down 26 percent. Visa currently has a 5.5 percent stake in Monitise. The company, which first invested in Monitise in 2009, said it would reduce its dependence on external mobile development resources.
NEW DELHI, Sept 18- Indian and Chinese soldiers faced off on a Himalayan plateau on Thursday, dampening the bonhomie around a rare visit by China's President Xi Jingping to New Delhi and a reminder of problems underlying growing commercial ties. "There is an ongoing situation," an official at India's army headquarters in Delhi said.
Sept 18- UBM Plc, a British communications and events company, confirmed that it was in talks to acquire Advanstar, a privately held U.S. trade show organiser. Reuters reported on Tuesday that UBM was in advanced talks to acquire Advanstar for around $900 million.
Sept 18- Apple Inc is making strong efforts to assuage users' fears after taking the heat in the celebrity photo leak scandal that emerged over the Labor Day weekend.
NEW DELHI— Indian and Chinese troops faced off along their Himalayan border on Thursday as the countries' leaders held a rare meeting in New Delhi, promising to boost economic cooperation and substantially increase Chinese investment in India's infrastructure. India's worries about the frequent standoffs on the border came up at the meeting.
Sept 17- News Corp Chief Executive Robert Thomson has urged European regulators to reconsider their settlement with Google Inc over its search practices, calling the Internet company an "egregious" aggregator and a "platform of piracy."
Sept 17- Apple Inc said a bug in its HealthKit health and fitness application platform prevented its release along with the launch of its iOS 8 operating system for iPhones and iPads. HealthKit gathers data such as blood pressure and weight from various health apps on Apple devices, and can be viewed by doctors at one place.
Sept 17- Apple Inc said it found a bug in HealthKit, delaying the healthcare application platform's availability on the iPhone maker's iOS 8 operating systems. "We're working quickly to have the bug fixed in a software update and have HealthKit apps available by the end of the month," a company spokesperson said in an email on Wednesday.
WASHINGTON, Sept 17- The United States said on Wednesday it will press India's new prime minister to end his blockage of a global trade pact when he visits Washington this month, something that could dampen the mood of a trip aimed at revitalizing strategic ties.
Sept 17- Nucor Corp shares rose to a six-year high on Wednesday after the steelmaker said it would report higher-than-expected third-quarter earnings. Nucor said it expected to post a third-quarter profit of 70 cents to 75 cents per share.
Sept 17- Department store operator Kohl's Corp said it is hiring more than 67,000 workers for the holiday selling season, about 34 percent more than what it recruited last season. The Menomonee Falls, Wisconsin- based retailer had hired about 50,000 seasonal employees for the 2013 holiday season.
Sept 17- Shares of United States Steel Corp rose as much 12 percent to a three-year high a day after the company said its loss-making Canadian arm would apply for relief from creditors and that it would drop plans to expand two of its U.S. facilities.
Sept 17- Bigger is better and Apple Inc has finally realized that and given iPhone users a product that may be low on novelty but high on improvements, reviewers wrote.
*DuPont shares up 4 pct. Sept 17- Activist investor Nelson Peltz's Trian Fund Management LP urged DuPont to separate its high-growth businesses from the more cyclical ones, blaming the company's conglomerate structure for its "underperformance."
Nucor said on Monday it would buy Gallatin Steel, the U.S. joint venture between ArcelorMittal and Gerdau, for $770 million to expand into flat-rolled steel market in the growing pipe and tube business. In the current quarter ending Sept. 30, Nucor also expects to gain from write down of assets and high levels of imports due to downward pressure on pricing.
CHICAGO, Sept 17- Package delivery company FedEx Corp should enjoy a record holiday peak season thanks to the continued rise of online consumer sales in the United States, company officials said on Wednesday.
Sept 17- Lennar Corp, the second largest U.S. homebuilder, reported a better-than-expected 47 percent jump in quarterly profit as it sold more homes at higher prices, and its shares rose as much as 6 percent in premarket trading.