| | | SAN FRANCISCO (Reuters) - Seeking to avoid a repeat of Facebook Inc's much-maligned public debut, Twitter Inc revealed more modest ambitions, saying its initial offering would raise up to $1.6 billion and value the company at up to about $11 billion. | | | | | | SEOUL (Reuters) - Samsung Electronics Co said on Friday it expected an additional 1.5 trillion won ($1.4 billion) payment from Corning Inc after the U.S. firm agreed to buy the South Korean firm's display unit out of an LCD glass venture. | | | | | | | PARIS (Reuters) - U.S. tyre company Titan International still wants to buy part of the Goodyear plant in northern France that has been earmarked for closure, provided that unions agree, Titan's CEO said in a radio interview on Friday. | | | | | (Reuters) - Maple Leaf Foods Inc has launched an auction for its bakery company Canada Bread , targeting Grupo Bimbo , one of the world's largest bread makers, as well as private equity, several people familiar with the matter said. | | | | | | | NAIROBI (Reuters) - PayPal, the payments services arm of eBay , has entered a partnership with one of east Africa's biggest lenders, Equity Bank , to tap into the fast-growing African economies. | | | | | MELBOURNE/LONDON (Reuters) - Rio Tinto has agreed to sell its majority stake in Australia's third-largest thermal coal mine to Glencore Xstrata and Japan's Sumitomo Corporation for just over $1 billion, as it pushes ahead with plans to focus on larger, core operations. | | | | | PRAGUE (Reuters) - The Czech energy regulator is buying satellite images from the U.S. army to help crack down on fraud in the solar industry that could have generated up to 7 billion Czech crowns ($376 million) a year in illicit gains, a regulator spokesman said on Friday. | | | | | | | (Reuters) - The New York Times Co said on Thursday it had closed the sale of The Boston Globe to Boston Red Sox owner John Henry after a Massachusetts judge lifted a temporary injunction halting the deal. | | | | TOKYO (Reuters) - Japan's Sumitomo Corp said on Friday it and Glencore Xstrata PLC will buy a 50.1 percent stake in the Clermont coal mine in Australia from Rio Tinto for $1.015 billion. | | | | | | HELSINKI (Reuters) - Google Inc is set increase its investment in a data centre in eastern Finland, sources familiar with the plan said on Thursday. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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