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Major DR Congo oil deal could be 'void': Watchdog

A major deal allowing a company to drill for crude reserves in areas of the Democratic Republic of Congo bordering Africa's largest protected rainforest may contravene the country's own oil law, a watchdog said Friday.

Shares in Taiwan's HTC up by daily limit on Apple deal

Shares in Taiwan's leading smartphone maker HTC surged by their daily 7.0 percent limit Monday after it announced it had reached a global patent settlement with US technology giant Apple.

With early deals, how much will Cyber Monday buyers spend?

Millions of Americans paused during the Monday after Thanksgiving to check out online deals and check off people on their holiday gift list. But so-called Cyber Monday may be in danger of losing its online sales title.

Vivendi confirms offer for video sharing site Dailymotion

Vivendi, the Paris-based media multinational, confirmed an offer for the online video sharing platform Dailymotion on Tuesday, a day after a Hong Kong company blamed France's protectionist policies for its decision to abandon ...

Sharp shares hit by reports of Hon Hai deal rethink

Shares in Japan's Sharp, which slumped 28 percent at the end of last week after a poor earnings report, fell further Monday after Taiwan's Hon Hai Precision said it would renegotiate a deal to invest in it.

Struggling Groupon ousts CEO Andrew Mason (Update)

Struggling online deals pioneer Groupon has ousted its quirky founder and CEO Andrew Mason amid worries that people are tiring of the myriad of online restaurant, spa and Botox deals that Groupon built its business on.

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