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  • Logo of German company SAP is pictured at the CeBit computer fair in HanoverSAP buys expenses software maker Concur for $7.3 billion

    FRANKFURT (Reuters) - Germany's SAP <SAPG.DE> has agreed to buy U.S. expenses software maker Concur <CNQR.O> for $7.3 billion in cash, strengthening its position in cloud computing, an area it long hoped to avoid until its momentum became too great to ignore.

  • Alibaba Group Holding Ltd founder Jack Ma  C  rings a ceremonial bell to start trading during his company's initial public offering  IPO  under the ticker "BABA" at the New York Stock ExchangeAlibaba surges on massive demand in trading debut

    NEW YORK (Reuters) - Alibaba Group Holding Ltd's <BABA.N> shares surged in their first day of trading on Friday as investors jumped at the chance to get in on what looks likely to be the largest IPO in history and profit from China's growing middle class.

  • Oracle Corp CEO Ellison introduces the Oracle Database In-Memory during a launch event in Redwood ShoresOracle shares slide after soft results, CEO change

    (Reuters) - Oracle Corp's <ORCL.N> shares fell as much as 5.5 percent after the database software maker reported disappointing quarterly earnings late Thursday and said Larry Ellison was stepping aside as chief executive.

  • Alibaba Group Holding Ltd founder Jack Ma poses as he arrives at the New York Stock Exchange for his company's initial public offering in New YorkRetail investors rush to buy Alibaba IPO

    (Reuters) - Retail investors were rushing to place orders for shares in the initial public offering Alibaba Group Holding Ltd, which is likely to be the largest in history.

  • Toronto Stock Exchange logo is seen in TorontoTSX set for 1 percent weekly fall on broad slip

    TORONTO (Reuters) - Canada's main stock index slipped on Friday and headed toward a 1 percent decline for the week, with heavyweight resource and financial stocks notching moderate declines.

  • Canadian one dollar coins, also known as loonies, are displayed in MontrealAbove-target inflation puts rate pressure on Bank of Canada

    OTTAWA (Reuters) - Canada's annual inflation rate remained above the Bank of Canada's 2.0 percent target in August for the fourth month in a row, putting pressure on the central bank to drop its neutral stance on interest rates.

  • TransCanada says current structure critical to its strategy

    TORONTO (Reuters) - Canadian pipeline operator TransCanada Corp <TRP.TO> said on Friday its current corporate structure, asset base and financial strength are critical to its ability to maneuver and deliver on its growth strategy.

  • The logo of GlaxoSmithKline is seen on its office building in ShanghaiChina hands drugmaker GSK record $489 million fine for paying bribes

    SHANGHAI/LONDON (Reuters) - China fined GlaxoSmithKline Plc <GSK.L> a record 3 billion yuan ($489 million) on Friday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the British drugmaker.

  • TransCanada says current structure critical to its strategy

    TORONTO (Reuters) - TransCanada Corp said on Friday that it believed it needs its current corporate structure, asset base and financial strength for its capital program.

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