HONG KONG, April 30- American International Group is offering about $1.2 billion worth shares in China's PICC Property and Casualty Co Ltd in a block deal, IFR said on Saturday, citing a term sheet of the deal. AIG is offering 740 million PICC shares in an indicative range of HK $13.06- HK $13.35 each, an up to 8 percent discount to PICC's Friday close, the term sheet... » Read More
Chinese e-commerce company Alibaba Group is leaning toward listing its shares the NYSE instead of the Nasdaq, according to the Wall Street Journal.
India on Sunday put on hold its search for missing Malaysia Airlines flight MH370, at the request of the government in Kuala Lumpur.
SAN FRANCISCO, March 14- Twitter- like messaging service Weibo Corp filed on Friday to raise $500 million via a U.S. initial public offering, as Chinese companies flock to the American market in record numbers to take advantage of soaring valuations.
Criminals may already have made off with up to $500 million worth of bitcoins since the virtual currency launched in 2009.
Moscow shipped more troops and armor into Crimea on Friday, showing no sign of bowing to Western demands to pull back.
Banks will face security fees for not updating Windows XP-run automated teller machines as Microsoft withdraws support for the software on April 8.
General Motors is facing increasing pressure to compensate victims for an ignition defect that prompted the recall of 1.6 million vehicles.
Few who have followed the Caribbean island's financial troubles doubt that a massive restructuring is in its future.
The U.S. Senate approved Federal Reserve Governor Sarah Bloom Raskin to be the No. 2 official at the Treasury Department.
Boeing said on Thursday it will end pension plans for 68,000 non-union employees, including its chief executive.
Cameron and Tyler Winklevoss, who famously accused Facebook Inc founder Mark Zuckerberg of stealing their idea, said they used bitcoins to buy tickets for a high-altitude voyage on billionaire Richard Branson's Virgin Galactic commercial spaceflight venture.
Five banks involved in setting the London benchmark gold price have been accused in a lawsuit of price manipulation.
Crashing websites and overwhelming data centres, a new generation of cyber attacks is costing millions and straining the structure of the Internet.
Birmingham City Football Club boss Carson Yeung was found guilty by a Hong Kong court on Monday of five counts of money-laundering in a high-profile trial.
Sotheby's said it acquired the "Pink Star" diamond, which had fetched a world-record price in November, after its buyer couldn't pay and defaulted.
Boeing has begun offering a specialized phone aimed at government agencies and contractors who need to keep communication and data secure.
Bitcoin exchange customers may have little chance of recovering their funds if they prove to be missing, according to legal and regulatory experts.
American Airlines has ended its policy of extending special fares to passengers who must book a last-minute flight because of a relative's death.
Delta said it will become the latest carrier to change its frequent-flier program to a system based on ticket price rather than miles.
Spanish oil major Repsol said on Tuesday its board of directors approved a $5 billion settlement with the government of Argentina.