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  Bloomberg Tencent Pictures, the film unit of China’s biggest internet company, is looking for acquisitions that can accelerate plans to make its own blockbusters instead of just writing checks for them. The potential targets could be in Hollywood and include companies on both the creative and production sides of movie making, Chief Executive Officer Edward Cheng said in an ...

Bloomberg Tata Group wants to remove Cyrus Mistry, the former chairman of the conglomerate, from all its company boards, citing a breach of governance and failure to distance himself from Shapoorji Pallonji & Co. and other companies owned by his family. The fresh allegations were made in a Tata Sons statement Sunday and come ahead of an extraordinary general meeting ...

  Bloomberg Nintendo Co. rose to the highest in more than four months after starting to market its upcoming Super Mario Run smartphone game, including giving fans a chance to try out the game in Apple Inc. retail stores ahead of its Dec. 15 release. The stock climbed 3.7 percent as of midday in Tokyo, the highest since July 19. ...

  Bloomberg India has become the first nation to subsidize the use of digital cash after the government unveiled a raft of measures including discounts on online payments for insurance policies, rail tickets and highway toll charges. Exactly 30 days after junking existing high-value 500 and 1,000 rupee notes, Finance Minister Arun Jaitley sought to draw Indians toward digital payments ...

  Bloomberg Dutch electronics giant Philips announced on Monday the sale of a majority share in its Lumileds LED lighting business for $1.5 billion, after cancelling the spinoff earlier this year over US regulatory concerns. “Royal Philips announced that it has signed an agreement to sell an 80.1-percent interest in Lumileds to certain funds managed by affiliates of (US-based) Apollo ...

  Bloomberg Maropost Inc., a Canadian marketing technology startup, is nipping at the heels of Salesforce.com Inc. and Oracle Corp., going from zero to C$30 million ($23 million) in revenue in just three years. The Toronto-based firm sells software that makes it easier for companies to set up and run online marketing campaigns, competing directly with some of the products ...

  Bloomberg Amundi SA agreed to buy Pioneer Investments from Italy’s UniCredit SpA, accelerating the French investment company’s growth in the US and European markets including Germany and Austria. Amundi will pay about 3.5 billion euros ($3.7 billion) in cash, the Paris-based company controlled by Credit Agricole SA said in a statement on Monday. It will pay for the purchase ...

  LONDON / AP Like many foreign scientists in Britain, Joanna Bagniewska was devastated when Britons voted to leave the European Union. The biology lecturer, a Polish migrant who found Britain a welcoming place to build her academic career over a decade, is suddenly seeing her job security and research prospects up in the air. “I’m worried that after my ...

  Bloomberg 21st Century Fox Inc. and Sky Plc executives are working with their advisers to nail down final terms of an 11.2 billion-pound ($14.1 billion) deal that would consolidate Rupert Murdoch’s television empire across two continents. Fox’s co-chairmen, the 85-year-old media baron and his son Lachlan, have been intimately involved in discussions to purchase the 61 percent of UK ...

  ABU DHABI / WAM The United Arab Emirates (UAE) strongly condemned Sunday’s terrorist attack, which targeted the Saint Mark’s Coptic Cathedral in the Abbasiya district in the Egyptian capital Cairo. The blast killed scores of innocent people. HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, emphasised that the leadership, government and people of ...