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Boeing to have 51 percent stake in venture with Embraer: paper

BRASILIA Boeing Co will have a 51 percent stake in a joint company currently being negotiated with Brazilian aircraft maker Embraer , O Globo newspaper columnist Lauro Jardim reported on Sunday.

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U.S. Supreme Court weighs Microsoft overseas data fight

WASHINGTON A major privacy rights fight between Microsoft Corp and the Justice Department reaches the Supreme Court this week, with the justices considering whether U.S. law allows prosecutors to compel technology companies to hand over data stored overseas.

8:14am EST

With $116 billion cash, Buffett says Berkshire needs 'huge' deals

NEW YORK Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc. | Video

10:15am EST

Daimler in $2 billion China investment with BAIC as Geely swoops

BERLIN Daimler and its Chinese partner BAIC plan to invest almost $2 billion in a state-of-the-art factory in China, underlining their relationship as rival Geely makes a surprise swoop on the German carmaker.

11:29am EST

Alibaba turns heads as it joins Games sponsorship waltz

PYEONGCHANG, South Korea The Olympic movement's new Chinese global sponsor, e-commerce group Alibaba, came to the Pyeongchang Winter Games promising to revolutionize the experience for spectators, from buying tickets to souvenirs.

Mexican finance minister, Pemex chief to meet investors in New York

MEXICO CITY Mexico's finance minister and the head of the state oil firm will meet investors in New York in the next few days, the company said on Sunday, at a time of political uncertainty over the future of the opening of the sector to private firms.


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