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Thursday, March 6, 2014

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03/6/2014
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
Axel Springer on lookout for takeovers in digital field
BERLIN (Reuters) - German publisher Axel Springer is on the lookout for potential takeovers to strengthen its big push into digital media and away from its traditional print products.
Emirates executive says Qantas partnership is working
BERLIN (Reuters) - Emirates airline said its alliance with Australia's Qantas was working and had helped the Gulf carrier to improve yields, after some analysts questioned the benefits of the partnership.
Monte Paschi top investor denies stake sale reports
MILAN (Reuters) - The top investor in Italy's third biggest lender, Banca Monte dei Paschi di Siena , denied on Thursday press reports that it had sold a stake of at least 8 percent in the bank the previous day.
Merck KGaA says confident AZ takeover to be wrapped up in H1
FRANKFURT (Reuters) - The chief executive of German liquid crystal maker Merck KGaA , Karl-Ludwig Kley, said he was confident the planned takeover of Britain's AZ Electronic Materials could be completed in the first half of this year, speaking to a press conference on Thursday.
Softbank CEO's merger plans for Sprint, T-Mobile face long odds
NEW YORK (Reuters) - Masayoshi Son isn't used to taking no for an answer. But the Softbank Corp chief's pleas for a merger of the third- and fourth-largest U.S. wireless carriers seem to be falling on deaf ears.
Raytheon wins $350 million deal for SM-3 missiles
WASHINGTON (Reuters) - Raytheon Co has won a contract valued at up to $350 million to increase the number of Standard Missile-3 Block 1B missiles and other materials to 44 from 8, the U.S. Defense Department said on Wednesday.
Virgin America could go public in second half of 2014
(Reuters) - Virgin America, the U.S. carrier in which Richard Branson's Virgin Group has a minority stake, could go public in the third or fourth quarter, its president and chief executive said on Wednesday.
BR Properties to sell warehouses to GLP for $1.36 billion
SAO PAULO (Reuters) - Brazilian real estate developer BR Properties SA will sell most of its industrial warehouses and logistics facilities to Singapore-listed Global Logistic Properties Limited for 3.18 billion reais ($1.36 billion), according to a securities filing on Wednesday.
UK government to appoint UBS on possible Eurostar stake sale: sources
LONDON (Reuters) - The British government is close to appointing investment bank UBS to advise on the possible sale of its 40 percent stake in Eurostar, the fast speed train that links Britain to Europe, four sources told Reuters on Wednesday.
Foreigners to be mostly kept out of China's privatizations
SHANGHAI (Reuters) - As China embarks on a new wave of opening up state-dominated industries to private capital, foreign firms will largely be kept out and authorities are likely to look to institutions like domestic pension funds and insurers.
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