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Tuesday, March 27, 2012

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03/27/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Abu Dhabi royals involved in RBS talks: sources
ABU DHABI/DUBAI (Reuters) - Talks to sell a stake in Britain's state-owned Royal Bank of Scotland are being held at the level of the Abu Dhabi ruling family, sources told Reuters on Tuesday.
BATS' core business solid, future growth uncertain
BOSTON/NEW YORK (Reuters) - Orders flowed normally through BATS Global Markets on Monday, sending a sigh of relief that the core trading business of the nation's third-largest stock exchange remains on track despite a high-profile trading snarl on Friday.
AB InBev, Heineken lead race for Dominican brewer: sources
LONDON (Reuters) - Two of the world's biggest brewers, Anheuser Busch InBev and Heineken , are in a $1.5 billion race to buy the Dominican Republic's biggest brewer Cerveceria Nacional Dominicana (CND), said people familiar with the matter.
Jefferies eyeing setting up European financing arm: FT
LONDON (Reuters) - Midsize investment bank Jefferies Group Inc is looking to set up a corporate lending business in Europe as part of its expansion plans in the region, the Financial Times reported on Tuesday.
Buffett's NetJets names partners for China JV
HONG KONG (Reuters) - NetJets Inc, a private jet-sharing company owned by Warren Buffett's Berkshire Hathaway Inc , named a Beijing-based private equity firm and a Hong Kong private investment company as its joint venture partners in China as it aims to tap soaring growth in the country's aviation market.
Apple supplier Hon Hai to take 11 percent stake in Sharp
TOKYO (Reuters) - Taiwan's Hon Hai Precision Industry Co will take an 11 percent stake in Japan's Sharp Corp , the Japanese company said on Tuesday, under a tie-up in LCD production that includes Sharp issuing 66.5 billion yen ($803 million) worth of its shares to four Hon Hai group companies.
EU investigates United Technologies bid for Goodrich
BRUSSELS (Reuters) - The European Commission has opened an in-depth investigation into the proposed acquisition of Goodrich Corporation by United Technology Corporation (UTC), both U.S. aviation equipment makers, the European Union's executive said on Tuesday.
Diamonds not forever: Rio Tinto may sell business
MELBOURNE/SYDNEY (Reuters) - Rio Tinto , the world's third-largest miner, effectively invited bids on Tuesday for its diamonds business, on its books at $1.2 billion, and joined rival BHP Billiton in backing away from a business that has lost its sparkle.
Spain's Abertis hopes to up Hispasat stake soon
BARCELONA (Reuters) - Spanish toll road operator Abertis said on Tuesday it hoped to reach a deal with the Spanish government to increase its stake in satellite operator Hispasat in the near future.
Rio Tinto, CMS scrap $2 billion smelter project in Malaysia
KUALA LUMPUR (Reuters) - Rio Tinto , the world's third largest miner, and Cahya Mata Sarawak have scrapped plans for a $2 billion aluminum smelter project in Malaysia's Borneo island of Sarawk as power supply terms could not be finalised, CMS said in on Tuesday.
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