HONG KONG, March 16- Alibaba Group Holding Ltd is working with six banks to lead its planned U.S. initial public offering, sources said on Sunday, in a huge coup that should yield millions of dollars in fees and catapult them in league table rankings.» Read More
NUUK, Greenland, Oct 24- Greenland's parliament voted on Thursday to end a decades-long prohibition on mining for radioactive materials like uranium, further opening up the country to investors from Australia to China eager to tap its vast mineral resources.
BOGOTA, Oct 24- Colombia has simplified the way it calculates taxes paid by investors in the fixed-rate market, securities that attract the bulk of overseas cash into the Andean nation's capital markets, the Finance Ministry said on Thursday.
SEATTLE, Oct 24- Microsoft Corp cruised past Wall Street's quarterly profit and revenue forecasts on Thursday, helped by strong sales of its Office and server software to businesses, sending its shares up 6 percent after hours.
Oct 24- Twitter hired NBC News digital executive Vivian Schiller as the head of news after months of speculation since the social media platform posted a job listing for the position last spring. At NBC News, she served as senior vice president and chief digital officer. Prior to that, she was the CEO of National Public Radio.
*China's factories expand at best pace in seven months. NEW YORK, Oct 24- Global equity markets resumed their recent upward trend on Thursday, boosted by signs of growth in China's manufacturing sector, while the dollar fell to a two-year low on expectations for a steady accommodative monetary policy from the Federal Reserve.
NEW DELHI, Oct 25- India's finance minister is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of national elections, ministry officials say.
Oct 24- "Bond King" Bill Gross, co-chief investment officer of PIMCO, butted heads on Thursday with billionaire investor Carl Icahn, telling Icahn to leave Apple Inc alone after he again urged the iPhone maker to initiate a tender offer to buy back $150 billion of its shares.
Oct 24- Property and casualty insurer Chubb Corp raised its earnings forecast for the full year after reporting a better-than-expected rise in quarterly profit, underpinned by higher rates and strong underwriting across all its businesses. Chubb raised its earnings forecast to $7.90- $8.00 per share from $7.30- $7.50.
Customers withdrew more money than they added for a variety of reasons among the firms, which include T. Rowe Price Group Inc, Franklin Resources Inc, Janus Capital Group Inc, and at Federated Investors Inc..
WASHINGTON, Oct 24- U.S. lenders will get at least six months' notice before the government reduces the limit on the size of loans that taxpayer-owned Fannie Mae and Freddie Mac can back, the firms' regulator said on Thursday.
*Anadarko to drill 2 deepwater wells in New Zealand. WELLINGTON, Oct 25- New Zealand is hoping the first deepwater wells to be drilled in the country in nearly 15 years will reignite interest in its offshore oil and gas basins, mostly ignored since some early discoveries in the 1970 s.
*Policy seen on hold, Kuroda to meet press 3:30 pm ( 0630 GMT. TOKYO, Oct 25 (Reuters)- A sluggish U.S. economy and tepid exports to emerging markets are sapping the Bank of Japan's confidence that a recovery in overseas markets will take up the economic slack in Japan when consumers are hit with a higher sales tax next year.
SAN FRANCISCO, Oct 24- Twitter is seeking a maximum valuation of $10.9 billion in its Wall Street debut, more modest than the $15 billion that some analysts had expected for the social media phenomenon. Raising both the price and the size was Facebook's fatal mistake. "
*PulteGroup, other homebuilder stocks gain. Shares of PulteGroup Inc jumped after the homebuilder reported results and said a slowdown in new home orders would be "short-lived."
Oct 24- DuPont said on Thursday it will spin off its titanium dioxide unit and related businesses into a separately traded public company within 18 months. The move to separate the Performance Chemicals business, which had been aggressively sought by Wall Street, will allow DuPont to better focus on specialty materials and agriculture, two growth areas.
WASHINGTON, Oct 24- The Obama administration launched its troubled healthcare insurance website after only a minimum of crucial system-wide testing, despite contractors warning officials repeatedly about performance risks, a congressional panel heard on Thursday.
*Gold at one-month high on hopes Fed to keep stimulus. NEW YORK/ LONDON, Oct 24- Gold rose 1 percent on Thursday, breaking above $1,350 an ounce for the first time in more than a month, on rekindled buying prompted by expectations the Federal Reserve will continue its monetary stimulus due to disappointing U.S. jobless claims data.
Oct 24- Western Digital Corp, the world's No.1 hard-disk drive maker, reported a quarterly profit that beat market estimates as it sold more higher-margin products to enterprise customers. Net income fell to $495 million, or $2.05 per share, in the quarter ended Sept. 27 from $519 million, or $2.06 per share, a year earlier. Analysts had expected $2.05 per share.
Oct 24- Puerto Rico's beaten-down debt is rallying, and the Caribbean island's sales-tax bonds now sport yields that could be low enough to entice government finance officials to sell new bonds. Puerto Rico's $70 billion of municipal bonds are widely held by mutual funds dedicated to tax-free debt.
Oct 24- Amazon.com Inc posted better-than-expected sales on Thursday as the company expanded aggressively and made inroads into overseas markets, sending its shares 5 percent higher.