SHANGHAI (Reuters) – Asian shares drifted lower on Monday as signs of softening demand in China rekindled anxiety about the outlook for world growth, but Saudi Arabia's plans to cut production helped to halt a slide in oil prices.
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FRANKFURT (Reuters) – Germany's SAP (SAPG.DE) said on Sunday it was buying Qualtrics International Inc for $8 billion in cash, pre-empting a planned stock market listing by the U.S.
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TOKYO (Reuters) – SoftBank Group Corp's domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange through one of the biggest-ever initial public offerings (IPO) at 2.4 trillion yen ($21.04 billion), a regulatory …
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Hedge fund Elliott Management and private-equity group Veritas Capital are reportedly buying Athenahealth Inc. (ATHN – Get Report) for $5.5 billion cash, Reuters quoted unnamed sources as saying.
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UPS Freight workers voted in favor of approving a new labor contract, avoiding the risk of a strike that could have affected shippers transporting their goods around the country.
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