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Google’s ambitions could potentially pose a challenge for homegrown Paytm, backed by Japan’s SoftBank (9984.T) and China’s Alibaba (BABA.N) and U.S. conglomerate Berkshire Hathaway (BRKa.N). Paytm’s founder Vijay Shekhar Sharma and its parent One97 Communications run a payments bank and the payments firm also plans to expand to selling financial products such as insurance and mutual funds in India - the world’s fastest growing internet services market. Sengupta said Google was open to collaborating with other Indian payments firms.

“We are huge of fans interoperability ., when a product like Tez does well it creates more value in the network for everyone,” he said, Tez has over 22 million monthly active users, according to Google, Sengupta said Google also expects the KaiOS mobile operating system, in which the company has invested $22 million, to do well in Africa and parts of South East Asia, KaiOS is a low-cost phone operating system which, among others, has xavier university musketeers cufflinks been used by Indian billionaire Mukesh Ambani to sell his Jio telecom venture’s low-cost internet enabled phones..

(Reuters) - Coca-Cola Co (KO.N) said on Tuesday it will buy Moxie, a soda-based soft drink brand that is more than a hundred years old, from its bottling partner Coca-Cola of Northern New England (CCNNE). Moxie, the official soft drink of the state of Maine, was invented two years before Coke in 1884 and counted President Calvin Coolidge and Boston Red Sox great Ted Williams among its patrons. Both the companies did not disclose the value of the deal, which is expected to close in the fourth quarter of 2018.

TORONTO (Reuters) - Thomson Reuters Corp (TRI.TO) (TRI.N) on Tuesday launched a $9 billion share buyback, sending its shares higher, and said it would complete the sale of a majority stake in its Financial & Risk xavier university musketeers cufflinks unit to Blackstone Group LP (BX.N) on Oct, 1, Shares in Thomson Reuters, which had been suspended prior to the announcement, were trading at C$58.03, up 3.6 percent at 1:30 p.m, EDT (1730 GMT) in Toronto, having earlier hit C$58.50 after trading recommenced, their highest level since the deal was announced on Jan, 30..

The tender offer, which expires on Oct. 2, has been priced at $42 to $47 per share, an 11.5 percent premium to the stock’s average price over the past 20 trading days, the company said in a statement. Thomson Reuters’ U.S.-listed shares were trading at $44.94, up 3.9 percent at 1:30 p.m. EDT (1730 GMT). The news and information provider had previously said it expected to complete the deal, which values the business at about $20 billion, in the fourth quarter of 2018. The company reiterated its guidance that it will receive about $17 billion in gross proceeds when the deal closes, out of which it plans to return $10 billion to shareholders.

As part of that process, the company said up to $9 billion will be returned to shareholders through a tender offer for shares which commences on Tuesday, From the remainder of the proceeds, the company said it will redeem $4 billion of debt, keep $2 billion of cash on its balance sheet and use $1 billion to cover expenses related to the transaction, Thomson Reuters said Woodbridge, the Thomson family’s investment company, would participate in the buy back and xavier university musketeers cufflinks retain a 64 percent ownership in the company..

(Reuters) - Best Buy Co Inc (BBY.N) on Tuesday reported a drop in quarterly online sales growth and offered a profit forecast for the current quarter that fell short of analyst estimates, sending its shares down more than 5 percent in afternoon trading. Chief Executive Hubert Joly in a conference call cited a maturing online consumer electronics business for declining web sales growth and said rising transportation costs may pressure current quarter earnings. Best Buy shares, which have risen over 20 percent since the start of the year, fell as much as 8.4 percent on Tuesday.

The stock price decline was fueled by a combination of factors like a slowdown in online sales, the impact of future expense plans and investor fears the recent strength in performance may not be sustainable, Jason Benowitz, analyst and senior portfolio manager at The Roosevelt Investment Group said, “Investors fear that (Best Buy) could be vulnerable to further digital disruption or any signs of a peak as the tax cut stimulus fades and the Federal Reserve continues to tighten monetary policy late in the xavier university musketeers cufflinks economic cycle,” he said..

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