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Thursday, May 30, 2013

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05/30/2013
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
Singapore Airlines orders aircraft worth $17 billion from Airbus and Boeing
SINGAPORE (Reuters) - Singapore Airlines has ordered 30 Airbus and 30 Boeing aircraft in a deal valued at more than $17 billion, among the biggest in the airline's history.
Belgium considers nationalization of ArcelorMittal plant
BRUSSELS (Reuters) - The government of Belgium's Wallonia region is considering whether to nationalize ArcelorMittal's steelworks in Liege, in an echo of a French plan that caused a stand-off with the world's largest steelmaker last year.
Fiat Industrial merger to take place by September 1: Elkann
TURIN (Reuters) - Italian truck and tractor maker Fiat Industrial's merger with its U.S. unit CNH will take place between July 4 and September 1, the company's controlling shareholder said on Thursday.
Elan says has 'Plan B' if shareholders reject deals
DUBLIN (Reuters) - Elan said on Thursday it would present shareholders with an alternative strategy if they reject a string of deals it announced recently and thereby make it more likely that Royalty Pharma will acquire the Irish drug firm.
China's appetite for pork spurs $4.7 billion Smithfield buy
HONG KONG/NEW YORK (Reuters) - Shuanghui International Holdings is buying Smithfield Foods Inc , the world's biggest hog producer, for $4.7 billion to feed a growing Chinese appetite for U.S. pork, in a deal that has stirred concern among U.S. politicians.
Dish tops rival Sprint's bid for Clearwire
(Reuters) - Dish Network Corp raised its buyout offer for Clearwire Corp to $4.40 per share, valuing the wireless service provider at $6.5 billion and topping a rival bid by Sprint Nextel Corp by nearly 30 percent.
Sprint, SoftBank agree to U.S. national security deal
(Reuters) - Sprint Nextel Corp and Japan's SoftBank Corp said on Wednesday they had reached a national security agreement with U.S. authorities, overcoming a major hurdle for the Japanese company's $20.1 billion bid to control the wireless carrier.
China's Fosun to invest in logistics venture with Alibaba
HONG KONG (Reuters) - Chinese conglomerate Fosun International Ltd said it has teamed up with Alibaba Group Holding Ltd and other parties in a logistics project valued at about 5 billion yuan ($816 million).
UBP snaps up Lloyds international private banking arm
ZURICH/LONDON (Reuters) - Union Bancaire Privee (UBP) is buying Lloyds Banking Group Plc's international private banking arm, as the bailed-out British lender focuses on its domestic market and the Swiss wealth manager builds on a recent acquisition spree.
Buffett picks up Las Vegas-based NV Energy for $5.6 billion
(Reuters) - Berkshire Hathaway Inc's power production unit MidAmerican Energy will pay $5.6 billion for NV Energy Inc , the electric utility that serves Las Vegas and its power-hungry casinos.
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