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Britain may offer 20 billion euros for Brexit bill

BritishPrimeMinisterTheresaMaywillpromisetopayaBrexitdivorcebillofatleast20billioneuros(24billionUSdollars),accordingtoofficialscitedbytheFinancialTimes.May'sEU

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US defense group Northtrop Grumman poised to buy Orbital: report

USdefensegroupNorthropGrummanispoisedtobuyoutsmallerrivalOrbitalATKinadealworth$7.5billion,accordingtotheWallStreetJournal.Thedeal,whichcomesaroundtwoweeksafter

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Personal remittances reach US $ 17.9 bln

ByAPDWriterMeloM.AcunaMANILA,Sept.15(APD)–FilipinosresidingoverseassentUS$2.6billioninJuly2017whichshowedanincreaseof8.7percentyear-on-year.BangkoSentralngPilip

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Philippines must give foreign investors far more room: planning minister

ThePhilippinesshould“drastically”cutthenumberofsectorsandactivitiesclosedorlimitedtoforeigninvestorstogetmoreoftheinvestmentflowsintoAsia,theeconomicplanningsec

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Top 10 richest tech billionaires in the world

Microsoft'sfounderBillGatesremainstherichesttechbillionaireintheworld,withpersonalnetworthreaching$84.5billion,followedbyAmazon'sCEOJeffBezos,andFacebook'sfound

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China's Huawei unveils global cloud plan

Facedwithshrinkinggrowthinbothcellphonesalesandtelecominfrastructureinvestment,HuaweiTechnologiesCoLtd,aleadinginformationcommunicationtechnology(ICT)solutionsp

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United Tech to buy Rockwell Collins, combine aerospace operations

AerospacesupplierUnitedTechnologiesCorp(UTX.N)hasstrucka$30billionagreementtobuyavionicsandinteriorsmakerRockwellCollinsInc(COL.N),thecompaniessaidonMonday,inad

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Harvey residential insured and uninsured flood loss $25-$37 billion

AnalyticsfirmCorelogic(CLGX.N)estimatestotalresidentialinsuredanduninsuredfloodlossfromHurricaneHarveyofbetween$25billionand$37billion,itsaidonFriday.Ofthat,aro

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White House preparing $5.9B request for Harvey recovery aid

TheWhiteHousehaspreparedarequesttoCongressforaninitial$5.9billionpackageinHarveyrecoveryaid,afirstdownpaymenttomakesurerecoveryeffortsoverthenextfewweeksareadeq

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State Grid Corp of China to buy remaining stake in Brazil's CPFL

StateGridCorpofChina,thecountry'sbiggestutility,planstobuytheremainingsharesitdoesnotowninBrazilianpowergroupCPFLEnergiaSA,SinaFinancereported.Ifthedealissucces

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Warren Buffett becomes top shareholder in Bank of America

AmericanbillionaireWarrenBuffett'sBerkshireHathawaygrouphasofficiallybecomethetopshareholderinBankofAmericaafterexercisingitsrighttobuy700millionsharesatadiscou

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SoftBank invests $4.4 bn in shared offices firm WeWork

OfficesharingstartupWeWorkonThursdayannouncedthatJapan'sSoftBankGrouphasmadea$4.4billioninvestmentinthecompany.SincelaunchinginNewYorksevenyearsago,WeWorksaysit

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China Life Insurance and Baidu target the Internet and other technology

ChinaLifeInsuranceGroupCoandBaiduwillformasevenbillionyuan(onebillionUSdollars)privateequityfund,targetingtheInternetandothertechnologyinvestments,ChinaLife'sli

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China Paper mulls $5 billion bid for Brazil's Eldorado

ChinaPaperHoldingshasjoinedagroupofcompaniescompetingtobuycontrolofBrazilianpulpmakerEldoradoBrasilCeluloseSA,FolhadeS.PaulonewspaperreportedonWednesday.TheChin

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China Unicom shares soar on $11.7 bn stake sale plan

SharesinChina'ssecond-largesttelecomscarrierUnicomsoaredMondayafteritreiteratedpreviouslyretractedplansforanalmost$12billionstakesaleinvolvinghigh-profileinvest

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India's Infosys shares extend losses after CEO quit

SharesofIndia'sInfosysLtdfellasmuchas4.6percentonMondaytoanearthree-yearlow,slumpingforasecondconsecutivesession,afterbrokeragesincludingNomuradowngradedthestoc

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Alibaba profit nearly doubles on robust revenues

Chinesee-commercegiantAlibabasaidThursdayitsnetprofitalmostdoubledinthelatestquarteronthebackofsolidrevenuegrowthinitscoreshoppingbusinessandincloudcomputing.Al