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Tuesday, October 8, 2013

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10/8/2013
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
China dismisses worries over Turkey missile deal
BEIJING (Reuters) - China's Foreign Ministry dismissed concerns about Turkey's decision to co-produce a missile defense system with a Chinese firm, saying on Tuesday that the United States and others were needlessly politicizing a purely commercial deal.
Apollo, Cooper clash over $2.5 billion price in tire deal setback
(Reuters) - India's Apollo Tyres Ltd and Cooper Tire & Rubber Co are at odds over whether Apollo can reduce the price for its proposed takeover of the U.S. firm, the latest hurdle in a deal beset by lawsuits and labor issues.
Talisman Energy shares surge as Carl Icahn acquires stake
CALGARY, Alberta (Reuters) - Talisman Energy Inc shares surged in after-hours trading on Monday after activist investor Carl Icahn said he had purchased about 61 million shares of the underperforming Canadian oil producer and may seek a seat on the company's board.
China Resources looking at sale of Hong Kong meat unit: Bloomberg
HONG KONG (Reuters) - State-backed conglomerate China Resources Enterprise Ltd is studying options for its Hong Kong meat distribution unit, including a possible sale, Bloomberg News reported.
Airbus clinches landmark jet order with Japan Airlines
BARCELONA/TOKYO (Reuters) - Airbus clinched its first jet order from Japan Airlines on Monday, cracking a big national market long dominated by the European firm's main rival, Boeing .
SocGen buys VTB's Rosbank stake in costly Russia turnaround
MOSCOW/PARIS (Reuters) - France's Societe Generale is raising its stake in Russia's Rosbank to above 90 percent, betting it can turn around the troubled Russian banking unit even as rivals have quit a country where they could not compete.
Mining businessman to buy stake in Singapore's Blumont, become chairman
SINGAPORE (Reuters) - Mining businessman Alexander Molyneux will acquire a 7.8 percent stake in Blumont Group Ltd and become its chairman, the Singapore-listed diversified holding company said on Monday.
Canada's Saputo to take over Australian dairy producer Warrnambool
SYDNEY (Reuters) - Saputo Inc , Canada's largest dairy producer, will acquire Warrnambool Cheese and Butter Factory Company Holdings Ltd in a deal valuing Australia's oldest dairy processor at A$392.7 million ($370.10 million).
Canada blocks network sale to Egypt's Sawiris, citing security
TORONTO (Reuters) - The Canadian government said on Monday it blocked a bid from a company controlled by Egyptian telecom tycoon Naguib Sawiris to buy a fiber optic network, citing national security concerns.
TI Media in talks with L'Espresso on broadcasting tie-up
MILAN (Reuters) - Italy's Telecom Italia Media has signed a non-binding term sheet with publisher L'Espresso to pave the way for a tie-up of their digital broadcasting activities.
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