| | NEW YORK (Reuters) - U.S. investment bank JPMorgan has agreed to sell its physical commodities business to Mercuria, sources close to the deal said on Wednesday, catapulting the Swiss trade house into the top tier of commodities traders. | |  | | | HONG KONG (Reuters) - After a year of waiting, the man running what could be the biggest-ever technology IPO finally lost patience with Hong Kong. | | | | | | (Reuters) - China is in talks to buy at least 150 Airbus passenger jets potentially worth $20 billion when Xi Jinping pays his first visit to Europe as president at the end of this month, people familiar with the matter told Reuters. | | | | | | JOHANNESBURG (Reuters) - South African airline Comair Ltd said on Wednesday it has ordered eight 737 MAX 8 aircraft from Boeing CO for $830 million. | | | | | | MOSCOW (Reuters) - Russian food retailer X5 is selling its stores in Ukraine to local rival Varus, the Ukrainian retailer said, the first Russian company to pull out of its neighbor amid a bitter political crisis. | | | | | | MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim's telecom giant, America Movil aims to cut the fund it uses to buy back shares by 25 percent this year compared with 2013, the company said in a statement to the Mexican stock exchange on Tuesday. | | | | | | MANILA (Reuters) - Philippine conglomerate San Miguel Corp is not selling its controlling stake in liquor maker Ginebra San Miguel Inc , the group's president stated, after shares in both firms surged amid market talk about a Ginebra sale. | | | | | | NEW YORK (Reuters) - Blackstone Group LP is working on a higher takeover bid for industrial conglomerate Gates Global Inc after its previous offer of roughly $5.5 billion was turned down by Gates' owners last week, people familiar with the matter said on Tuesday. | | | | | SYDNEY (Reuters) - Australia's Stockland Corporation Ltd said on Wednesday it bought a 19.9 percent stake in smaller rival Australand Property Group , laying the foundation for a possible A$11 billion ($10.05 billion) property giant. | | | | | | MELBOURNE (Reuters) - China's MMG Ltd confirmed on Wednesday it was in talks with Glencore Xstrata to buy the Las Bambas copper mine in Peru, an acquisition expected to cost more than $5 billion, but said there was no guarantee a deal would be agreed. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
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