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Sept 23- Online retailer Amazon.com Inc is in talks with a number of Dutch publishers to sell e-books in the Netherlands, the Financial Times reported, citing a Dutch publisher. But now Amazon has actually been in touch and so we are getting close, "the report quoted Sander Knol, the director of Xander, a Dutch publisher that has been approached by Amazon.
MINNEAPOLIS— Amazon.com Inc. will begin to collect sales taxes from Minnesota customers next week, indicating the online retailer is expanding in the state, according to experts. Amazon may be starting a local operation that requires it to do so in accordance with a state law passed in July 2013, the Star Tribune reported.
BERLIN, Sept 23- Germany's Rocket Internet, a venture capital group that has launched dozens of online start-ups, priced its initial public stock offering in a range of 35.50 to 42.50 euros per share, valuing the company at some 6.2 billion euros.
Sept 22- Sony Corp said PlayStation TV set-top box, which allows users to access movies and TV episodes from the PlayStation store, will hit stores in the United States and Canada on Oct. 14. Sony is trying to expand its entertainment network services to compete against players like Amazon.com Inc..
Iain Kennedy most recently oversaw the product management team that was working on a new set of payments-related products for consumers.
WASHINGTON, Sept 21- The U.S. drive to end its reliance on Russian rocket motors got a boost this week when Amazon.com Inc founder Jeff Bezos unveiled a new engine project, but officials and industry insiders say it will take years and hundreds of millions of dollars to develop a locally built alternative.
The G-20 leading nations are close to adding an extra $2 trillion to the global economy, but Europe's stagnation remains a major stumbling block.
*Calls for Europe to do more to lift growth in near term. CAIRNS, Australia, Sept 21- The Group of 20 leading nations say they are tantalisingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs, but Europe's extended stagnation remains a major stumbling block.
As the Group of 20 leading economies meet to change no less than the "destiny" of the global economy, members remain divided on how to get there.
NEW YORK— Alibaba debuted as a publicly traded company Friday and swiftly climbed nearly 40 percent in a mammoth IPO that offered eager investors seemingly unlimited growth potential and a way to tap into the burgeoning Chinese middle class.
CAIRNS, Australia, Sept 20- As the Group of 20 leading economies meet to change no less than the "destiny" of the global economy, members remain divided on how to get there with Germany pushing back at U.S. calls for more government stimulus. That goal has seemed ever more distant as members from China to Japan, Germany and Russia have all stumbled in recent months.
THE BIGGEST: Alibaba raised $21.8 billion in its debut, making it the biggest U.S.-listed IPO in history after the IPO of credit card processing company Visa in 2008. If Alibaba's investment banks were to exercise their option to sell an additional 48 million shares, it could make Alibaba's IPO the biggest in the world, beating out the $22 billion IPO of Agricultural Bank of China in 2010..
Jim Cramer has a message for executives at Staples. He has a plan that could do wonders for the company.
NEW YORK— Alibaba debuted as a publicly traded company Friday and swiftly climbed more than 40 percent in a mammoth IPO that offered eager investors seemingly unlimited potential for growth and a way to tap into the burgeoning Chinese middle class.
NEW YORK— With Wall Street focused on the debut of Alibaba Group, the stock market drifted into the weekend and major indexes ended little changed. Alibaba gained $25.89 to end at $93.89. Alibaba lined up its initial public offering of stock at $68 a share the day before, raising $21.8 billion from investors.
NEW YORK— Alibaba's stock is surging as the Chinese e-commerce powerhouse's begins its first day trading as a public company. Jubilant CEO Jack Ma stood on the NYSE trading floor Friday as eight Alibaba customers, including an American cherry farmer and a Chinese Olympian, rang the opening bell from the floor of the New York Stock Exchange.
Alibaba priced its shares at $68 a piece, and investors are likely to push the price higher when it opens for trading on Friday, analysts say.
Sept 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, forecast quarterly revenue below analysts' estimates. Red Hat's billings growth of 17 percent for the second quarter ended Aug. 31 also disappointed investors, said Derrick Wood, an analyst with Susquehanna Financial Group LLLP.
There are plenty of reasons not to buy Alibaba. But do any of them tread water with Cramer?
NEW YORK— Alibaba, the Chinese e-commerce powerhouse named after a fabled, poor woodsman who discovers a thieves' den full of treasures, is ready to strike it rich on the New York Stock Exchange. That's bigger than the current market value of Amazon, Cisco, and eBay.