LONDON – Hundreds of British arts organizations had their public funding slashed or eliminated Wednesday, the result of government spending cuts aimed at tackling the country's deficit.
TORONTO (Reuters) – Online video rental company Netflix Inc has tweaked its Canadian streaming service to cut down on the amount of data it uses in a country where Internet usage is typically metered and capped.
KUALA LUMPUR (AFP) – Malaysia's first gay-themed movie has been a hit at the box office but an official from the conservative Islamic party Thursday called for it to be banned despite its anti-homosexual ending.
TORONTO (Reuters) – Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N) is not interested in a bidding war for U.S. drugmaker Cephalon Inc (CEPH.O), and Chief Executive Michael Pearson said on Wednesday he was willing to walk away.
LONDON – Secretary of State Hillary Rodham Clinton met Tuesday with a representative of the Libyan opposition fighting Moammar Gadhafi's regime as the Obama administration looked to expand ties with rebel leaders seeking an end to four decades of dictatorship.
HONG KONG (Reuters) – Glencore (GLEN.UL), the global commodities trading giant, is set to appear before the listing committee of the Hong Kong stock exchange this week, the strongest sign yet it will go ahead with a roughly $10 billion IPO, two sources with direct knowledge of the plans told Reuters on Monday.
NEW YORK (Billboard) – Tony Bennett will sing alongside a laundry list of pop stars including the reclusive Amy Winehouse on "Tony Bennett: Duets II," the follow-up to his 2006 release "Duets: An American Classic."
NEW YORK (Reuters) – Movie rental company Netflix Inc is close to an agreement with Miramax to stream the studio's library in a deal that would be worth "well north of" $100 million over five years, according to a source familiar with the deal.