Technology, Media & Telecommunications Headlines

Risk-on mood prevails even as Presidio falters

NEW YORK, Jan 30 (IFR) - Investor pushback on a bond backing private equity group Apollo's leveraged buyout of Presidio Inc has raised questions again about aggressive underwriting practices in the junk bond market, but it may still not be a big enough catalyst for banks to curb their risk appetite.

Deals of the day- Mergers and acquisitions

Jan 30 - The following bids, mergers, acquisitions and disposals were reported by 1415 GMT on Friday:

RPT-China's new tech rules play to local firms' strengths

BEIJING/SAN FRANCISCO, Jan 30 - Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from U.S. business groups.

Alibaba finance arm Ant Financial plans 2016 IPO - Bloomberg

Jan 30 - Alibaba Group Holding Ltd's financial services affiliate is planning an initial public offering that could take place next year, Bloomberg reported.

China Minsheng Investment eyes Southeast Asia with $1.5 billion

BEIJING, Jan 30 - State-backed China Minsheng Investment Co Ltd (CMI) plans to open a unit in Singapore with capital of $1.5 billion, and offices in London and North America with a similar sum, in line with a government push for companies to do more business abroad.

Jay-Z to snap up music streamer Aspiro in $56 mln deal

STOCKHOLM, Jan 30 - Hip-hop star Jay-Z is buying a Scandinavian music streaming company for $56 million to add to a business empire that has spanned clothing and sports bars.

UPDATE 1-Market Chatter-Corporate finance press digest

Jan 30 - The following corporate finance-related stories were reported by media:

Thu, Jan 29 2015

China's new tech rules play to local firms' strengths

BEIJING/SAN FRANCISCO, Jan 30 - Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from U.S. business groups.

Market Chatter- Corporate finance press digest

Jan 30 - The following corporate finance-related stories were reported by media:

PRESS DIGEST- British Business - Jan 30

Jan 30 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.