| | | (Reuters) - Rupert Murdoch's News Corp is expected to announce this week that it will acquire a 49 stake in the YES Network from the New York Yankees baseball team and its partners, in a deal that would value the sports channel at $3 billion, a person with knowledge of the talks told Reuters. | | | | | | HONG KONG (Reuters) - HSBC is in talks to sell its $9.3 billion stake in China's Ping An Insurance , stepping up a program by Europe's biggest bank to shed non-core operations to boost profitability. | | | | | DOHA (Reuters) - Energy-rich Qatar agreed to invest as much as 1 billion euros ($1.27 billion) in Italian companies on Monday, aiding efforts by Italy's Prime Minister Mario Monti to breathe life into a weak economy. | | | | | BRATISLAVA/KIEV (Reuters) - Ukrainian mining group and steel producer Metinvest denied on Monday a weekend newspaper report that it has agreed to buy the Slovakian subsidiary of U.S. Steel Corp . | | | | | FRANKFURT (Reuters) - ThyssenKrupp will open its books to remaining prospective bidders for its U.S. and Brazilian steel mills and ask them to make binding offers for the loss-making plants, the company said on Monday. | | | | | LONDON (Reuters) - German carmaker Daimler has taken full control of the Mercedes Formula One motor racing team by buying a 40 percent stake from Abu Dhabi sovereign wealth fund Aabar Investments for an undisclosed sum. | | | | | MOSCOW (Reuters) - Russian mobile phone operator MegaFon named a former UK minister to be an independent director as it tries to smooth investor worries about how the company is run before a $2 billion share listing. | | | | | MOSCOW (Reuters) - Debt-laden Russian coal miner Mechel will have to pay almost double the previous interest rate on a 13 billion rouble ($409 million) loan after it pushed back repayment to July from December, the company said on Monday. | | | | | | AMSTERDAM/BRUSSELS (Reuters) - Dutch banking and insurance group ING has won more time from regulators to shed assets and repay government aid, avoiding a fire sale but keeping it under state supervision for longer and delaying dividend payments. | | | | | | (Reuters) - Citigroup Inc has agreed to pay $360 million to the brokerage estate of Lehman Brothers to resolve a dispute over $1 billion in collateral that the investment bank was forced to post in the days leading up to its bankruptcy in 2008. | | | | | | | 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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