TORONTO (Reuters) – Technology companies look set to supplant energy and mining firms as the driver of Canadian initial public offerings this year as global optimism about tech startups boosts valuations and spurs early investors to cash out.
(Reuters) – Charter Communications is in talks to buy privately held cable company Bright House Networks LLC, according to a source familiar with the matter.
CORGEMONT, Switzerland (Reuters) – The world’s largest watchmaker unveiled its riposte to Apple Inc’s smartwatch on Thursday, announcing a plan to put cheap programmable chips in watches that will let wearers from China to Chicago make payments with a swipe of the wrist.
Employees of Snapdeal, an Indian online retailer, sort out delivery packages inside their company fulfilment centre in Mumbai October 22, 2014. Kunal Bahl, co-founder of Indian online marketplace Snapdeal, has come a long way from his days as a business school student selling detergent in U.S. Supermarkets. After final negotiations over a sushi breakfast earlier this month, Snapdeal on Tuesday unveiled a $627 million investment from Japan’s SoftBank, one of the high-profile early backers — and now major shareholder — in China’s Alibaba. Picture taken October 22, 2014.
The logo of Alibaba Group is seen inside the company’s headquarters in Hangzhou, Zhejiang province early November 11, 2014. Alibaba Group Holding Ltd said about $2 billion worth of goods were sold on the e-commerce giant’s websites within the first hour and 12 seconds of its annual shopping festival.
A woman walks past the gate of SAIC Motor Corporation Limited in Shanghai January 26, 2013.