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Tuesday, November 12, 2013

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11/12/2013
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
Rosneft discloses new $6 billion oil supply deals with BP
MOSCOW (Reuters) - Russia's top crude oil producer Rosneft said on Tuesday its board had approved deals to sell oil product cargoes to BP worth over $6 billion, on top of a previous deal to sell oil worth $5.3 billion.
Alitalia to seek Asian partner if Air France-KLM backs out
ROME (Reuters) - Italy hopes for a South-East Asian partner for carrier Alitalia should its top shareholder Air France-KLM decide not to participate in a 300 million euro capital increase, Transport Minister Maurizio Lupi said on Tuesday.
Vodafone says could IPO Indian unit once tax case settled
LONDON (Reuters) - Vodafone said it will look at listing its Indian unit once it resolves a more than $2 billion tax dispute with the country's government.
Creditors of Suntech's main unit back debt restructuring plan
HONG KONG (Reuters) - Creditors of the main unit of Chinese solar panel maker Suntech Power Holdings Co Ltd on Tuesday approved a plan to restructure its $1.75 billion debts with proceeds from acquirer Hong Kong-listed Shunfeng Photovoltaic International Ltd .
Security systems firm Tyco Intl looking to sell Korea unit: WSJ
(Reuters) - Fire protection and security company Tyco International Ltd has approached private equity firms offering to sell its Korean security unit Caps Co, the Wall Street Journal reported, citing people familiar with the matter.
India's HPCL may buy 6 million bbls Iran oil if government backs insurers
NEW DELHI (Reuters) - India's Hindustan Petroleum Corp Ltd may import about 6 million barrels of Iranian oil by March 31 if New Delhi starts a fund to back local insurers for covering plants processing oil from the sanctions-hit nation, its head of refineries said.
T-Mobile US could raise almost $2 billion for spectrum purchases
NEW YORK (Reuters) - T-Mobile US Inc announced on Monday a stock offering that could bring it almost $2 billion for spectrum purchases.
Armajaro selling loss-making commodity trade arm to Ecom
NEW YORK (Reuters) - London-based Armajaro Holdings Ltd will sell its commodity trading arm to Swiss agricultural trader Ecom Agroindustrial Corp Ltd, creating one of the world's biggest physical cocoa and coffee dealers in the latest deal to roil this niche market.
Australia government allows Saputo's $420 million bid for WCB
SYDNEY (Reuters) - Australia said on Tuesday it would allow Saputo Inc to bid for Warrnambool Cheese and Butter Factory Holdings Ltd , removing a key obstacle for the deal aimed at consolidating the country's dairy industry as global demand surges.
Solta Medical explores sale after loss exceeds estimate
(Reuters) - Solta Medical Inc is exploring a sale due to falling profits from its medical equipment to remove fat and improve the appearance of a person's skin and pressure from activist investor Voce Capital Management LLC.
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