Charter agrees to buy Time Warner Cable for $56 billion


- John Malone's Charter Communications Inc struck a $56 billion deal to buy Time Warner Cable Inc, seeking to combine the third and second largest U.S. cable operators to better compete against market leader Comcast Corp.

Carlyle hires Goldman for possible Telecable stake sale: sources 12:43pm BST

MADRID - Private equity firm Carlyle has hired Goldman Sachs to advise it on the possible sale of its controlling stake in Spanish telecoms operator Telecable, two sources with knowledge of the deal said on Tuesday.

EMC to buy Virtustream for $1.2 billion to expand cloud offerings 2:21pm BST

- Data storage products maker EMC Corp said it would buy privately held Virtustream for about $1.2 billion in cash to expand its cloud offerings.

Priceline to invest additional $250 million in China's 12:03pm BST

- Travel websites operator Priceline Group Inc will invest an additional $250 million in Chinese online travel company International Ltd to tap the fast-growing China market.

U.S. health group PureTech seeks $160 million in London listing 8:29am BST

LONDON - Boston-based PureTech Health plans to raise $160 million in a London listing, filling its coffers to fund product development and delivering a vote of confidence in the British life sciences sector.

UBS seeks to offload Australian wealth unit to management: source 25 May 2015

ZURICH - UBS is seeking to offload its private bank in Australia to the unit's management following a review of underperforming businesses at the Swiss bank, a source with direct knowledge of the matter told Reuters on Monday.


Fiat Chrysler CEO approached GM about a merger, was rebuffed: NYT 24 May 2015

- As part of his quest for a mega merger, Fiat Chrysler Automobiles Chief Executive Sergio Marchionne sent an email to General Motors Co Chief Executive Officer Mary Barra in March suggesting combining the automakers but was rebuffed, the New York Times reported on Saturday.


Microsoft, Salesforce talks fell through on pricing: CNBC 22 May 2015

- Microsoft Corp and Inc held "significant talks" this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter.


Citigroup selling retail online FX trading platform to FXCM, Saxo Bank 22 May 2015

NEW YORK - Citigroup said on Friday it is selling its margin foreign exchange business, including the CitiFX Pro and TradeStream platforms to U.S.-based FXCM and Danish investment bank SAXO Bank.