Career News 24/7: Before the Bell: SoftBank in talks to acquire T-Mobile, discussing funding: sources

Wednesday, December 25, 2013

Before the Bell: SoftBank in talks to acquire T-Mobile, discussing funding: sources

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12/25/2013

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

SoftBank in talks to acquire T-Mobile, discussing funding: sources

TOKYO (Reuters) - Japan's SoftBank Corp is in talks to acquire U.S. wireless carrier T-Mobile US Inc and is discussing funding for a deal with financial institutions, sources close to the matter said on Wednesday.

Exclusive: Target hackers stole encrypted bank PINs - source

BOSTON/NEW YORK (Reuters) - The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar with the situation.

Soaring compliance costs clip wings of Mideast, African banks

DUBAI (Reuters) - While it may be the most common given name in the world, the global banking system seemingly can't cope with Mohammed and its various different spellings.

Woodside stake may be split if Shell sells out

LONDON (Reuters) - Royal Dutch Shell's 23.1 percent stake in Australian oil and gas group Woodside Petroleum is seen as more likely to be split up and/or sold to institutional shareholders than to go in one piece to a strategic buyer, bankers said.

Ukraine expects remaining $12 billion of Russian bailout in early 2014

KIEV (Reuters) - Ukraine expects a $15 billion bailout package from Russia to be fully disbursed in early 2014, Ukrainian Prime Minister Mykola Azarov said on Wednesday after Kiev received the first $3 billion tranche.

Analysis: In telecom merger mania, skeptical eye from Obama administration

WASHINGTON/NEW YORK (Reuters) - A pair of potentially transformative U.S. telecoms and cable deals could run afoul of Obama administration regulators who worry that mergers among market leaders would hurt consumers.

Japan PM Abe: Want to ensure sales tax hike won't derail recovery

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Wednesday that he wants to ensure that next year's sales tax hike does not derail the economy from its recovery path.

U.S. manufacturing, housing data buoy economic outlook

WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods surged in November and a gauge of planned business spending on capital goods recorded its largest increase in nearly a year, pointing to sustained strength in the economy.

A minicar named Hustler? Japan's brand names raise eyebrows

TOKYO (Reuters) - Suzuki Motor Corp had little idea that the name "Hustler" for its new, boxy minicar aimed at outdoorsy Japanese customers might cause mirth among English speakers for its association with an adult magazine - but it's not alone.

Broker cuts Target earnings outlook after data theft

(Reuters) - Brokerage Cowen and Co cut its earnings forecast on Target Corp after the massive theft of card data over the holiday season, saying the breach was likely to drive away customers and impact margins as the retailer increases discounts.