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Senator Warner seeks SEC probe of Yahoo disclosure on hacking

WASHINGTON Democratic Senator Mark Warner on Monday asked the U.S. Securities and Exchange Commission to investigate whether Yahoo and its senior executives fulfilled obligations to inform investors and the public about a hacking attack affecting 500 million user accounts.

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Chinese wanderlust drives rapid growth for payment platform Alipay

SHANGHAI China's Alipay payment platform has inked deals with 10 overseas airports as it looks to expand on the back of Chinese consumers' growing appetite for travel, and has already signed up more than 80,000 merchants worldwide, a senior executive said on Monday.

8:19am EDT

Exclusive: Viacom readies $1 billion bond offering - sources

NEW YORK (IFR) - Viacom Inc is preparing to go to market this week with a bond offering that is expected to total $1 billion, part of the struggling media company's plan to boost liquidity, three sources told Reuters.

1:14pm EDT

Didi Chuxing invests 'tens of millions' in Chinese bike-sharing platform

SHANGHAI Chinese ride-hailing service Didi Chuxing on Monday said it has invested "tens of millions of dollars" in the country's largest bicycle-sharing platform ofo, as it looks to provide its users with more transportation options.

6:42am EDT

LVMH's digital drive takes time despite Apple hire

PARIS When LVMH hired former Apple music executive Ian Rogers to craft a digital strategy, investors may have hoped for some quick results. If so, they are probably disappointed.

11:46am EDT

EU's 'sharing economy' stifled by petty rules on coat hangers to light bulbs

BRUSSELS Europe's bid to champion the "sharing economy" is being undermined in the short-term rental sector by capitals imposing petty rules such as dictating the number of coat hangers home-owners must provide, a complaint filed to the European Commission says.

11:37am EDT