| | TAIPEI (Reuters) - Apple Inc supplier Foxconn Technology Group will buy a stake in Taiwanese mobile telecoms operator Asia Pacific Telecom for T$11.6 billion ($390 million) in a deal that would expand its presence in Taiwan's fledgling 4G telecoms market. | |  | | | LONDON/NEW YORK (Reuters) - Pfizer abandoned its attempt to buy AstraZeneca for nearly 70 billion pounds ($118 billion) on Monday as a deadline approached without a last-minute change of heart by the British drugmaker. | | | | | | LONDON (Reuters) - Italian designer Roberto Cavalli has approached Gulf investment firm Investcorp as a potential buyer for a stake in his fashion brand, a source at the Gulf investment firm said. | | | | | | HONG KONG (Reuters) - China's Shunfeng Photovoltaic International Ltd, a solar cell maker and solar power station operator, plans to issue HK$6 billion ($775 million) worth of new shares, seeking funds to build more solar power stations. | | | | | | (Reuters) - Australian fashion sales site MySale has acquired Cocosa, a flash sales site, as it prepares to launch in the UK, the Financial Times reported late Monday. | | | | | | NEW YORK (Reuters) - Far be it from us to offer tips to Warren Buffett, the most celebrated stock picker of his age, but here goes: | | | | | | BRUSSELS (Reuters) - European Union antitrust regulators will decide by July 2 whether to approve British telecoms group Vodafone's 7.2-billion-euro ($9.81 billion) bid for Spanish cable operator Ono, the European Commission said on Monday. | | | | | | NEW DELHI (Reuters) - India will move to recover bank guarantees from an aborted 560-million-euro helicopter deal with Italy's Finmeccanica, the defense ministry said, after an Italian court lifted a freeze on 228 million euros held with European banks. | | | | | LONDON (Reuters) - The world's largest hotelier, Intercontinental Hotels Group (IHG), has rejected a 6 billion pound ($10.1 billion) takeover offer from a U.S. bidder, Sky News reported, citing unidentified sources. | | |  | | | | | SINTRA Portugal (Reuters) - Nobel Prize-winning economist Paul Krugman challenged the ECB on Tuesday to act to stop the euro zone slipping into Japan-style deflation, saying it risked sitting still while the economy became "persistently depressed". | | | |  |  | | | 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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