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Asian shares edge off 7-year highs as Fed awaited

TOKYO - Asian stocks pulled back from a seven-year peak scaled on Tuesday as sentiment gave way to caution ahead of the Federal Reserve's policy two-day meeting scheduled to start later in the session.

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French IT firm Cap Gemini to buy U.S. rival IGATE for $4 billion

PARIS - Cap Gemini SA , a French information technology services company, said it will buy U.S.-based rival IGATE Corp for $4 billion in a deal that would make North America into its biggest market and hand IGATE's founders a $1 billion windfall.

27 Apr 2015

Microsoft phones infringe patents: U.S. International Trade Commission judge

NEW YORK - Microsoft Corp lost a round in a potentially costly patent battle when a U.S. International Trade Commission judge on Monday found that the software giant used InterDigital Inc's technology in its mobile phones without permission.

Exclusive: Deutsche's radical revamp foiled by ECB stress test

FRANKFURT - A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank concluded the model would not withstand a severe financial crisis, sources said. 

27 Apr 2015

Tokyo Electron shares sink after takeover by Applied Materials scrapped

TOKYO - Tokyo Electron Ltd shares plunged 15 percent on Tuesday to a six-month low after U.S. regulatory opposition forced the scrapping of its planned takeover by U.S.-based Applied Materials Inc . | Video

DuPont open to last-minute settlement talks with activist: sources

NEW YORK - DuPont's board is open to a negotiated settlement with activist Trian Fund Management in the run-up to the company's annual shareholder meeting in May, sources close to the matter said on Monday.

27 Apr 2015

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