Glencore Cutbacks Shift to Zinc in Metal Rout -- Update 

Glencore PLC stepped up production cutbacks, this time slashing zinc output including the suspension of two mines after a collapse in prices for the industrial metal. (published 0050 GMT)

 
 
Uber's Probe of Data Breach Focuses on Lyft Executive 

Investigators looking into last year's data breach and theft of drivers' records from Uber Technologies Inc. have found indications implicating an executive at rival ride-hailing app Lyft Inc., said people familiar with the matter. (published 0054 GMT)

 
 
Debt Markets Hold Key to Dell's Bold EMC Bid 

Michael Dell is pressing ahead with partner Silver Lake on a $50 billion-plus acquisition of data-storage giant EMC Corp., people familiar with the matter said, a bold but risky deal that would require massive debt financing at a time when credit markets have become less hospitable to mergers. (published 0003 GMT)

 
 
Alcoa Profit Falls on Aluminum-Price Slide -- 2nd Update 

Alcoa Inc. on Thursday reported a sharp drop in third-quarter profit on lower aluminum prices and unfavorable currency effects. (published 2355 GMT Thursday)

 
 
Colombian Clan Holds Keys To Deal 

At the center of SABMiller PLC's efforts to get a better deal in Anheuser-Busch InBev NV's takeover bid is a family whose brinkmanship at the negotiating table helped make them Colombia's richest. (published 2344 GMT Thursday)

 
 
ASM Pacific Technology Expects 3Q Preliminary Revenue Around US$417 Million 

ASM Pacific Technology Ltd. said Friday its third-quarter preliminary revenue is expected to fall by 14% to US$417 million from the previous quarter due to unfavourable economic conditions. (published 0055 GMT)

 
 
Apple Pay to Hit Starbucks Stores This Year--Update 

Apple Inc.'s fledgling mobile-payment service is getting a boost from Starbucks Corp. (published 2342 GMT Thursday)

 
 
Roche Reports Positive Late-Stage Trial Results for MS Drug--2nd Update 

Roche Holding AG's Genentech unit said its experimental drug ocrelizumab proved effective in three late-stage studies against multiple sclerosis, potentially heralding an important new treatment option for the debilitating disease. (published 2338 GMT Thursday)

 
 
Bill Gross Sues Pimco for Breach of Contract -- 2nd Update 

Bond investor Bill Gross gave his first public account of the circumstances that drove him out of the firm he co-founded, saying in a lawsuit his former colleagues aligned against him to advance their own careers and capture some of his hefty bonus. (published 2323 GMT Thursday)

 
 
São Paulo Stops Short of Uber Ban -- Update 

Brazil's largest city on Thursday stopped short of a threatened ban on Uber, leaving the door open for the ride-sharing company to continue operating though in a manner that would limit its growth. (published 0032 GMT)

 
 
Shenji Group Terminates Major Asset Restructuring 

Shenji Group Kunming Machine Tool Co. said Friday that it has terminated a plan for a major asset restructuring amid volatile market conditions. (published 0024 GMT)

 
 
LoanDepot Files for IPO 

LoanDepot LLC, part of a cadre of small lenders that have picked up a larger chunk of the U.S. mortgage business as big banks retrenched, has filed for an initial public offering. (published 2355 GMT Thursday)

 
 
Macquarie Raises A$400 Mln Via Institutional Placement 

Macquarie Group Ltd. has tapped domestic and international capital markets to raise 400 million Australian dollars to help fund its planned acquisition of Australia & New Zealand Banking Group Ltd.'s Esanda vehicle-finance business. (published 2321 GMT Thursday)

 
 
Patriot Coal Wins Court Approval of Plan to Hand Over Mines 

Patriot Coal Corp. on Thursday won confirmation of its chapter 11 debt repayment plan, clearing the way for the company to hand over its mines to new owners in an effort to preserve the business amid widespread distress in the coal industry. (published 2253 GMT Thursday)

(END) Dow Jones Newswires

October 08, 2015 21:00 ET (01:00 GMT)