@2015 Bloomberg News NZ28AX6VDKHT (Bloomberg) — Yahoo! Inc. will scrap its long-planned spinoff of its stake in Alibaba Group Holding Ltd., CNBC reported, a response to mounting pressure from investors who have grown tired of waiting for a turnaround in the Web portal’s main businesses. The Sunnyvale, California-based company will instead
©2015 Bloomberg News O07ABB6JIJUQ (Bloomberg) — Gold’s image as a haven asset has taken a battering with the metal heading for its third-straight annual loss amid the sale of gold-backed funds by investors. Bullion for immediate delivery was little changed at $1,061.65 an ounce at 8:05 a.m. in Singapore after declining