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China's Xiaomi to raise $1 bn, now valued more than $45 bn

Dec 22, 2014

China's Xiaomi to raise $1 bn, now valued more than $45 bn

smartphone maker at over $45 billion, a person familiar with the deal said.The fund raising was first reported by the Wall Street Journal, which also said this
Three top Islamic State leaders killed in air strikes - U.S. officials

Dec 19, 2014

Three top Islamic State leaders killed in air strikes - U.S. officials

Mosul. News of the killings, first reported by the Wall Street Journal, came the same day the top U.S. commander of coalition efforts
Cabs for women, by women: Could Ola succeed where others have failed?

Dec 15, 2014

Cabs for women, by women: Could Ola succeed where others have failed?

Wings, tells The Wall Street Journal.Sakha, which ferries tourists around, has 11 drivers who can be hired for the purpose. The WSJ reports that they have
Nikkei falls as oil slump sours mood, Abe win offers little respite

Dec 15, 2014

Nikkei falls as oil slump sours mood, Abe win offers little respite

TOKYO(Reuters) - Japanese stocks fell on Monday after slumping oil prices toppled Wall Street shares, while investors drew little comfort from Prime
Only emerging market reformers like India will keep investors as tide turns

Dec 15, 2014

Only emerging market reformers like India will keep investors as tide turns

Wall Street following the re-election of left-leaning president Dilma Rousseff, who some doubt has the political clout to curb a budget deficit and
U.S. Senate passes spending bill, ends govt shutdown threat

Dec 14, 2014

U.S. Senate passes spending bill, ends govt shutdown threat

leader Nancy Pelosi, a longtime Obama ally, over a provision to ease Wall Street banking regulations fed tensions on Capitol Hill all week.The House vote
US Senate avoids govt shutdown, passes $1.1 trillion spending bill

Dec 14, 2014

US Senate avoids govt shutdown, passes $1.1 trillion spending bill

partial rollback of the 2010 Dodd-Frank Act, which regulates Wall Street, and changes to campaign finance reform.The president opposes both the provisions
U.S. Senate aims to vote Monday on $1.1 trillion spending bill

Dec 13, 2014

U.S. Senate aims to vote Monday on $1.1 trillion spending bill

response to the 2008 financial crisis and aimed to rein in risk-taking by Wall Street. Democrats also objected to a provision allowing bigger political