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Thursday, December 21, 2017

Toys "R" Us plans new playdate with U.S. shoppers

WALLKILL, NEW YORK (Reuters) - Joshua and Amy Hightower drive 40 minutes to a Toys "R" Us Inc store in a blue collar neighborhood in Wallkill, one of the farthest reaches of the New York City suburbs, so their children can try toys at an amusement area dubbed the "play lab."

Disney backs Fox's request for more data protection in antitrust trial

WASHINGTON (Reuters) - Walt Disney Co joined Twenty-First Century Fox Inc on Wednesday in asking the judge hearing AT&T Inc's antitrust case to strengthen an order aimed at keeping its data private if it is used at trial next year.

China securities regulator says no change to pace of IPO reviews: sources

BEIJING (Reuters) - China's securities regulator told a recent meeting with investment banks that there has been no change to the pace for reviews of initial public offering (IPO) applications, three sources told Reuters.

Penta's Dr.Max pharmacy chain buys Romania's A&D Pharma

PRAGUE (Reuters) - Central and eastern European pharmacy chain Dr.Max, owned by Penta Investments, has agreed to acquire Romania's A&D Pharma Group to become the biggest operator in the country, Penta said on Thursday.

Lauda bids for Austria carrier Niki, Ryanair steps away

BERLIN/VIENNA (Reuters) - Former motor racing driver Niki Lauda has made a bid for Austrian holiday airline Niki, but Irish low-cost carrier Ryanair and a consortium of family-owned logistics firm Zeitfracht and maintenance group Nayak decided against an offer, they said.

Ryanair says decided against bidding for Niki assets

DUBLIN (Reuters) - Ryanair has decided against bidding for assets of insolvent Austrian airline Niki, the Irish airline said on Thursday.

Daimler buys majority stake in French car-ride app Chauffeur Prive

PARIS (Reuters) - German carmaker Daimler has agreed to buy a majority stake in Chauffeur Prive, a French rival to the larger Uber car-ride app, in the latest example of traditional companies looking to deal with challenges from technology-driven start-ups.

Steinhoff investor Wiese sells part of Shoprite stake

JOHANNESBURG (Reuters) - South African investor Christo Wiese has sold an additional 1.1 billion rand ($87 million) of shares in supermarket group Shoprite , exchange filings showed on Thursday, after his exposure to scandal-hit retailer Steinhoff dented his fortune.

Japan Display says report it sought Apple, Huawei funds is 'speculative'

TOKYO (Reuters) - Cash-strapped smartphone screen maker Japan Display Inc dismissed a report on Thursday that it was seeking investment from Apple Inc and Huawei Technologies Co Ltd [HWT.UL] as "speculative" and declined to comment further.

EU clears merger of French aerospace suppliers Safran and Zodiac

BRUSSELS (Reuters) - The European Commission cleared the merger of French aerospace suppliers Safran and Zodiac without imposing conditions, the EU executive said on Thursday.