| | | PARIS (Reuters) - PSA Peugeot Citroen unveiled a government-backed refinancing deal for its lending arm as the struggling French automaker's financial position deteriorated further, sending its stock to historic lows. | | | | NEW YORK (Reuters) - Blackstone Group LP is preparing to launch a multibillion-dollar fund that will buy stakes in hedge fund managers in the secondary market, as traditional buyers such as banks pull back amid disappointing fund performance and regulation. | | | | | FRANKFURT (Reuters) - RWE , Germany's No.2 utility, and state-run Dubai Electricity and Water Authority have established a joint venture in Dubai to offer consultancy services in the region. | | | | | MEXICO CITY (Reuters) - U.S. agriculture giant Archer Daniels Midland said on Tuesday that it reached a preliminary deal to sell its stake in Mexican corn flour processor Gruma to the chairman of Mexican airport operator Asur. | | | | | MUNICH (Reuters) - Deutsche Telekom AG is confident a deal to merge its T-Mobile USA unit with U.S. carrier MetroPCS Communications Inc will go through, its chief executive said on Wednesday. | | | | | MILAN (Reuters) - Italian prosecutors have raised allegations of embezzlement in their probe into the acquisition of Lactalis American Group by Italian food group Parmalat , a judicial source told Reuters on Wednesday. | | | | | SINGAPORE (Reuters) - Singapore Airlines will order five Airbus A380 aircraft and 20 more A350 planes in a deal valued at $7.5 billion, looking beyond a business slowdown that has led the carrier to stop hiring cadet pilots for now. | | | | | BEIJING (Reuters) - Chinese car maker BYD Co Ltd , backed by billionaire investor Warren Buffett, said on Wednesday it will supply 50 electric cars to London cab service provider greentomatocars, marking its first overseas deal. | | | | (Reuters) - Iconix Brand Group Inc agreed to buy the Umbro sneaker brand from Nike Inc for $225 million, the companies said on Wednesday. | | | | (Reuters) - Chemical company PolyOne Corp struck a $246.3 million deal to buy plastic products maker Spartech Corp to enter markets such as aerospace. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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