European telecom company Altice has made an offer to buy France's Bouygues Telecom on Monday. Bouygues will hold a board meeting Tuesday to discuss the bid.

On Tuesday, Bouygues said that its board would meet to discuss Altice's 'unsolicited offer'. The company added that negotiations between the two sides were in progress and Altice will update the market sooner or later.

On Thursday, the first vessel in Royal Dutch Shell's Arctic drilling fleet, the Arctic Challenger, has started its journey from Washington State to Alaska.

Ratan Kumar Sinha, Chairman of the Atomic Energy Commission of India and secretary of the Department of Atomic Energy,has said that India is applying for the associate membership of the CERN, which is the European Organisation for Nuclear Research.

According to reports, price of new homes in China fell in April this year. The fall in price is for the eighth consecutive month, which suggested that property sector in the world’s most populous country is continuing to put downward pressure on the country’s economy. The average price in about 70 big cities in the country fell more than 6% compared to last year.

On Wednesday, gold held on to overnight gains and was trading near its highest in a week. It was supported by a softer dollar, but rise in bond yields and uncertainty over the timing of a possible US rate hike kept the rally in check.

Spot gold was stable at $1,193.60 an ounce by 0328 GMT, which was just a low from a one-week top of $1,196.60 reached on Tuesday.

Glendale–based animation studio DreamWorks Animation SKG Inc reported a bigger-than-expected loss in the first quarter as the animation company spent heavily on diversifying its business.

LinkedIn, a business-oriented social networking service, has cut its full-year profit forecast, and even cited a slower growth at its hiring business.

Shares of LinkedIn fell by nearly 27% in after-hour trading on Thursday. LinkedIn’s weak view resulted from the changes that occurred in currency exchange rates, costs of its pending acquisition of Lynda.com and other items.

The drought conditions in California is widening economic split in California. The prospect of increased water-price in California is illustrating parallel worlds. The water war has divided Californians into tribes: urban vs. rural; coastal vs. inland.