Chinese microblogging website Weibo Corp has taken down an Instagram-like app just three days after its launch and apologised following accusations of plagiarism about the app's logo, in a stumble for efforts to find new sources of growth.
Caterpillar Inc raised its full-year profit forecast on Wednesday as it booked a tax gain in the first quarter stemming from the overhaul of U.S. tax laws.
KKR's offer to buy out minority shareholders in Axel Springer has cleared its minimum acceptance threshold of 20per cent, both firms said on Monday, bringing a plan to take the German publisher private closer to completion.
Bayer shares soared as much as 11per cent on Friday on a Bloomberg report that the German company has proposed to pay US$8 billion to settle more than 18,000 U.S. lawsuits on its glyphosate-based weedkiller Roundup case.
BERLIN: Independent German telecoms firm United Internet is exploring a deal with U.S. towers firm Tillmann Infrastructure to build its own towers network in Germany, people close to the matter said. United Internet's telecoms subsidiary 1&1 plans to roll out a fourth 5G network in Germany to ...
