| | | (Reuters) - Delta Air Lines agreed to buy a 49 percent stake in Virgin Atlantic , creating a joint venture that would expand Delta's access to London's Heathrow Airport and increase competition in the lucrative transatlantic market. | | | | (Reuters) - SolarCity Corp, a venture backed by technology entrepreneur Elon Musk, said it expects to sell 11.5 million shares at $8 per share, a day after an underwriter said the company had postponed its planned initial public offering. | | | | | | | MOSCOW (Reuters) - State oil major Rosneft has finalized a deal to buy 50 percent of Russian peer TNK-BP from the AAR consortium for $28 billion, sealing the country's largest takeover. | | | | | | | HONG KONG (Reuters) - Carlyle Group is selling up to $67 million of its stake in Hong Kong-listed Kaisa Group Holdings Ltd , according to a term sheet seen by Reuters. | | | | | | | SEOUL/LONDON (Reuters) - Steelmaker POSCO has denied it is interested in buying the ThyssenKrupp stainless steel plant in Terni, Italy, rejecting market speculation that the South Korean producer could buy the plant to increase its presence in Europe. | | | | | | | ZURICH (Reuters) - Swiss chocolate maker Barry Callebaut is buying the cocoa business of Singapore's Petra Foods to reduce its dependence on West African raw materials as it expands in emerging markets. | | | | | | | (Reuters) - The U.S. Treasury's sale of its remaining stake in American International Group Inc will leave taxpayers with a profit of nearly $23 billion - more than the next three most successful bailouts combined. | | | | | | | LONDON (Reuters) - Diageo has pulled out of talks to buy a stake in top-selling tequila brand Jose Cuervo in a surprise move that fuelled speculation that the world's biggest spirits maker could now set its sights on smaller rival Beam Inc . | | | | | | TOKYO (Reuters) - Panasonic Corp may sell its Sanyo digital camera business to Japanese private equity fund Advantage Partners by the end of March, a source familiar with the plan said. | | | | | | WASHINGTON (Reuters) - The Federal Reserve is expected to announce a fresh round of bond buying on Wednesday as part of its efforts to support a fragile economic recovery threatened by political wrangling over the government's budget. | | | | | | | 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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