(Reuters) - Oracle's shares sank over 8% on Tuesday in premarket trading after its quarterly revenue fell short of expectations, hindered by fierce competition among database and cloud services providers. The cloud computing company is on track to lose about $45 billion in market capitalization at current share price levels of $174.14, as per LSEG data. Oracle's second-quarter revenue reached...

TOKYO, Dec 10 (Reuters) - Nippon Life Insurance is in the final stages of buyout talks with U.S. life insurer Resolution Life Group Holdings, Resolution said on Tuesday, in what would reportedly be a $8.2 billion deal that highlights Japanese insurers' hunt for growth in the world's biggest economy. The acquisition, which was first reported by the Nikkei business daily,...

(Reuters) - Oracle's shares sank over 8% on Tuesday in premarket trading after its quarterly revenue fell short of expectations, hindered by fierce competition among database and cloud services providers. The cloud computing company is on track to lose about $45 billion in market capitalization at current share price levels of $174.14, as per LSEG data. Oracle's second-quarter revenue reached...

LISBON, Dec 10 (Reuters) - Portugal's fourth-largest bank, Novo Banco, is ready to explore opportunities of going public to diversify its shareholder base as it hopes to remain an independent entity, the executive board said in an email to employees late on Monday. Novo Banco was created in 2014 from the remains of collapsed lender BES after a multi-billion-euro government...