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Thursday, August 15, 2013

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08/15/2013
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
Berkshire Hathaway raises stake in Wells Fargo, takes position in Dish
(Reuters) - Warren Buffett's Berkshire Hathaway Inc raised its stake in General Motors Co by 60 percent and its holding in Wells Fargo & Co by 1.1 percent in the second quarter and took a new position in Dish Network Corp, a regulatory filing showed.
Air Berlin to get three-digit-million-euro-sum from sale of planes
FRANKFURT (Reuters) - Air Berlin's will receive a three-digit-million-euro-sum from the sale-and-leaseback contract for 11 planes with China's Minsheng, a spokesman for Air Berlin told Reuters on Thursday.
Exxon, Shell advance in Newfield's Asia auction: sources
HONG KONG/KUALA LUMPUR (Reuters) - Energy majors Exxon Mobil Corp and Royal Dutch Shell are among the suitors advancing to the next round of bidding for Newfield Exploration Co's Malaysian and Chinese oil and gas fields valued at about $1.2 billion, people familiar with the matter said.
IAG sticks with Airbus to revamp short-haul fleet
LONDON (Reuters) - IAG , the owner of British Airways and Iberia, has picked Airbus again for the latest stage of its fleet modernization, planning to acquire up to 220 A320s worth $20 billion to renew and expand its short-haul fleet.
South Africa's Adcock remains in exclusive talks with Chile's CFR
JOHANNESBURG (Reuters) - South African drug maker Adcock Ingram said on Thursday it remains in exclusive talks with CFR Pharmaceuticals about the Chilean firm's $1.3 billion takeover bid.
New iPhone, 4G technology may mean Apple, China Mobile tie-up closer
SINGAPORE/HONG KONG (Reuters) - The stars may be aligning for a long-awaited deal between Apple Inc and China Mobile Ltd, the world's biggest mobile carrier, that could help the iPhone maker claw back lost ground in its most important growth market.
Bulgaria's Fibank to buy BayernLB's MKB Unionbank
SOFIA (Reuters) - Bulgaria's First Investment Bank (Fibank) has agreed to buy smaller rival MKB Unionbank from Germany's Bayerische Landesbank (BayernLB), Fibank said on Thursday.
US Airways, American Airlines vow to fight U.S. government over merger
NEW YORK/ATLANTA (Reuters) - US Airways Group Inc and American Airlines vowed on Wednesday to fight the federal government's anti-trust lawsuit in court by arguing their proposed $11 billion merger would promote competition.
Antitrust challenge could send AMR bankruptcy back to square one
(Reuters) - AMR Corp could face months of new restructuring talks, with shareholders likely to suffer the biggest blow, if its merger with US Airways Group is successfully blocked by the U.S. government, according to people close to the bankruptcy proceedings and experts.
Steinway agrees to Paulson buyout, market expects rival bid
(Reuters) - Steinway Musical Instruments Inc , best known for its grand pianos, agreed on Wednesday to be taken private by Paulson & Co after the hedge fund firm raised its offer to $40 per share, valuing the 160-year old company at about $512 million.
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