| ARBIL, Iraq (Reuters) - The chief executive of U.S. oil major Exxon Mobil on Thursday reaffirmed the company's commitment to its oil deal with Iraq's autonomous northern Kurdish region, a statement from the Kurdish presidency website said. | | | | BEIJING (Reuters) - PetroChina Co Ltd is talking to Royal Dutch Shell and Hess Corp to explore shale oil in Santanghu Basin in China's northwestern Xinjiang region, parent China National Petroleum Corp (CNPC) said in a company-owned newspaper. | | | | | (Reuters) - Private equity firms TPG Capital and Silver Lake Partners said on Thursday they intend to fund a majority of the about $227 million Avaya Inc needs to buy Israeli video conferencing company Radvision . | | | | | NEW YORK (Reuters) - Ukrainian billionaire Alex Rovt has stepped in to pay off the loans on landmark office building 14 Wall Street, leaving former co-owner Capstone Equities as manager and leasing agent and former co-owner Carlyle Group LP out of the deal, a source familiar with the deal said on Thursday. | | | | | TAIPEI (Reuters) - China Development Financial Holding will buy up to 100 percent of KGI Securities in a cash and stock deal worth T$54.6 billion ($1.85 billion), as it shifts to investment banking business. | | | | | (Reuters) - BlueGold Capital, an oil-focused fund that made headlines in 2008 by calling the peak of the market, is liquidating after four years of trading -- the last of which put it at the bottom of commodity hedge fund rankings. | | | | | (Reuters) - BDP International Inc, one of the world's biggest logistics companies, is in talks with private equity firms to sell itself, people familiar with the matter told Reuters, but the company said it was only looking to raise capital. | | | | | NEW YORK (Reuters) - Sears Holdings Corp has appointed Leveraged Marketing Corp of America as its exclusive global licensing agent as it looks for opportunities to sell products under its marquee labels Kenmore appliances, Craftsman tools and DieHard batteries outside its own stores. | | | | PARIS (Reuters) - PSA Peugeot Citroen will stop making larger diesel engines with Ford , the companies said, a week after General Motors took a stake in the French automaker to cement their planned alliance. | | | | (Reuters) - Spectrum Pharmaceuticals Inc said its experimental drug to treat a common form of bladder cancer failed to significantly reduce the recurrence of tumors in late-stage trials, sending its shares down 14 percent. | | | | | | | 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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