| | | China's iQiyi considers U.S. listing as early as 2018: source | | | HONG KONG/BEIJING (Reuters) - Baidu Inc's video streaming service iQiyi, a Chinese-style Netflix , is eyeing a potential initial public offering in the United States as early as next year, a person with direct knowledge of the plans said on Tuesday. The listing could value the company at between $8 billion and $10 billion, Bloomberg reported earlier, citing two people familiar with the matter. |
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| | | UBS CEO sees room for banking M&A in Italy and Europe | | | MILAN (Reuters) - There is room for consolidation in the banking sector both in Italy and in Europe, UBS Chief Executive Sergio Ermotti said on Tuesday, adding political and regulatory authorities would support the process. |
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| | | Allergan boosts shares with $2 billion buyback | | | (Reuters) - U.S. drugmaker Allergan Plc on Monday authorized a $2 billion buyback of its common stock, sending its shares up after a week of disappointing news on its drug development pipeline. |
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