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  • DUESSELDORF, Germany, March 30- Latecomers to the digital age, big German companies have started teaming up with start-ups to shake up their conservative business culture and keep pace with a world increasingly dominated by nimble tech giants. More than half of the firms on Germany's blue-chip DAX index trace their roots back to the 19th century or earlier.

  • March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector. The acquisition of Altera, which makes programmable chips widely used in cellphone towers, the...

  • March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, making it Intel's biggest purchase and the latest merger in the quickly consolidating semiconductor sector, the Wall Street Journal reported on Friday. An acquisition of Altera, which makes programmable chips widely used in cellphone towers, the military and...

  • IPOVIEW-Shaky markets slow US IPO momentum Friday, 27 Mar 2015 | 12:05 PM ET

    By Neha Dimri and Amrutha Gayathri. IPOs raised $4.7 billion from 26 offerings in the first quarter, nearly half of the $8.6 billion from 46 offerings in the same period last year, according to Thomson Reuters data. A contracting energy industry due to a fall in oil prices resulted in just one oil and gas company- Columbia Pipeline Partners LP- going public compared...

  • FACTBOX-Tepid start for US IPO markets in 2015 Friday, 27 Mar 2015 | 11:57 AM ET

    March 27- The number of U.S. initial public offerings have nearly halved in the first quarter of 2015 from the comparable period a year earlier. Sector Q1 2015 Q1 2014 Proceeds Listings Proceeds Listings Energy& Power $1.24 bln 1 $2.29 bln 4 Technology $960.9 mln 3 $877.2 mln 6 Real Estate $807.3 mln 3 $259 mln 1 Healthcare $589.5 mln 10 $1.76 bln 25 Materials $460...

  • *Crude dips as market reassesses Yemen conflict impact. Trading in many markets was choppy, with oil dropping back after Thursday's spike on Saudi-led air attacks in Yemen and investors awaiting a speech on monetary policy later on Friday by Federal Reserve Chair Janet Yellen. "Yellen will be the big news of the day, certainly, so I don't expect a lot of movement...

  • That far outstrips an estimate given late last year of 42-52 tonnes, after Mexican gold and silver miner Fresnillo said it was hedging 47 tonnes of output over five years. In their quarterly Global Hedge Book Analysis, Societe Generale and GFMS analysts at Thomson Reuters said the bulk of the rise in the global gold hedge book last year was driven by Fresnillo and...

  • NEW YORK, March 27- A 4 percent decline in biotechnology stocks on Wednesday sent the Nasdaq Composite Index to its largest one-day loss in nearly a year, and some investors are betting that the once-hot sector has further to fall. Overall, a screen of about 1,650 mid-cap U.S. companies shows biotech stocks, on average, have a short interest ratio of about 11.6...

  • NEW YORK, March 26- Investors in U.S.-based funds committed $5.7 billion to stock funds in the week ended March 25, marking their seventh straight week of inflows, data from Thomson Reuters' Lipper service showed on Thursday. They are buying on the dip, "said Jeff Tjornehoj, head of Lipper Americas Research. The insatiable appetite for European equities has been...

  • Outbound Chinese buyers confounding the doubters Thursday, 26 Mar 2015 | 5:00 PM ET

    *Chinese companies snap up $391 bln of foreign assets in decade. HONG KONG, March 27- ChemChina, which could soon face the task of integrating Italian tyre-maker Pirelli after its $7.7 billion bid, can take heart in the knowledge that Chinese buyers have made a decent fist of growing global brands in recent years. Success stories include the landmark 2004 purchase...

  • FUNDVIEW-Pre-IPO tech fund returns 28 pct in first year Thursday, 26 Mar 2015 | 4:14 PM ET

    March 26- The first mutual fund giving mom-and-pop investors easy access to the private market for tech startups turned a year old this week, capping a year of big gains and raising the question for would-be buyers: Is this a good deal or a danger? For $2,500, anyone can buy into the $32 million SharesPost 100 Fund, and get a portfolio of roughly 20 tech companies three...

  • *Citi lowers forecasts on global smartphone sector. The STOXX Europe 600 Technology Index was down 2.4 percent at 1315 GMT, tracking a similar decline in the United States concentrated among semiconductor companies overnight. Traders said one reason for the pull-back was a note by U.S. investment bank Citigroup, which on Thursday cut its forecasts for the...

  • HONG KONG/ SHANGHAI, March 26- China's Bank of Communications Co Ltd, said on Thursday its bad loan ratio rose to 1.25 percent, its highest level since 2010, as the lender grappled with borrowers' increasing inability to repay debt in China's slowing economy. The result compared with the 13.9 billion yuan average estimate of analysts polled by Thomson Reuters.

  • TORONTO, March 25- Canada's competition watchdog on Wednesday approved Postmedia's proposed takeover of Quebecor Inc's Sun Media English-language newspapers and digital assets, paving the way for one publisher to control a majority of the English-language dailies across Canada. The deal will bring some 175 newspapers and publications, including the...

  • March 24- Kraft Foods Group Inc, maker of Velveeta cheese and Oscar Mayer meats, is in talks to be acquired by Brazilian private equity firm 3 G Capital, a source familiar with the matter told Reuters on Tuesday. 3 G teamed up with Warren Buffett's Berkshire Hathaway Inc to acquire Ketchup maker H.J. The Wall Street Journal first reported on the possible deal and said...

  • March 24- Private equity firm 3 G Capital is in talks to acquire Kraft Foods Group Inc, a source familiar with the matter told Reuters on Tuesday. Based on Tuesday's close at $61.32, Kraft had a market capitalization of $36.06 billion. The company had 588.13 million shares outstanding as of March 2, according to Thomson Reuters data.

  • HONG KONG, March 25- When little-known Chinese taxi-hailing app Didi Dache needed $15 million to grow its business two years ago, a local upstart investment bank stepped in to help it raise the funds from social networking giant Tencent Holdings Ltd.. Didi tapped Bao to put together the deal, sidestepping Wall Street heavyweights like Goldman Sachs and Morgan...

  • NEW YORK, March 24- Wall Street drifted down while European shares neared record highs in choppy global equities trading on Tuesday as the dollar rebounded and oil prices fell. Declines on the Nasdaq were held in check by a boost from Google, up 2 percent to $570.19. Morgan Stanley's chief financial officer is leaving the bank to join Google.

  • *UK acquisitions by foreign buyers total $48 bln year to date. Investors appear relatively unconcerned about the risk of instability after a general election on May 7 or doubts about Britain's future in the European Union. Even excluding a $15 billion bid by Hutchison Whampoa for O2's UK operations, inbound mergers& acquisitions activity so far this year is at...

  • HONG KONG/ SHANGHAI, March 24- Agricultural Bank of China Ltd on Tuesday reported a 4 percent dip in fourth-quarter profit and a spike in bad loans as manufacturers and retailers struggled to repay debt while economic growth slowed. "This year, industry net interest margin will be on a downward trend, first quarter profit is also likely to fall," Chief Financial...