A suicide bomber dressed in a military uniform killed at least 47 soldiers Monday at the central security headquarters in Yemen, two intelligence officials said. Read more »
Northern Italy is shaken by a new earthquake, a day after a magnitude-6.0 quake killed at least seven people and left thousands of survivors homeless. Read more »
A man was dragged out of his car and beaten outside Dodger Stadium in Los Angeles on Sunday night after apparently causing a minor collision, KABC-TV reported. Read more »
SHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. ...
Barclays Bank PLC, the U.K. bank, says it intends to dispose of its entire 19.6 percent stake in the U.S. asset management company BlackRock Inc, valued at $6.1 billion. Read more »
SHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. ...
A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest corporate takeover in the United States to date.