| | | (Reuters) - Rupert Murdoch's News Corp has bought out Walt Disney Co's 50 percent stake in Asian joint venture ESPN STAR Sports (ESS) for an undisclosed sum, the two companies said on Wednesday, ending a 16-year partnership in the region. | | | | | | TOKYO (Reuters) - Panasonic Corp is making final arrangements to provide up to 50 billion yen ($635 million) in capital to scandal-hit Olympus Corp, Kyodo news agency reported on Wednesday, a move that will make Panasonic the company's top shareholder. | | | | | JOHANNESBURG (Reuters) - Absa , the South African unit of Britain's Barclays Plc , will pay 10 billion rand ($1.18 billion) to buy the private label store card portfolio in South Africa of clothing and footwear retailer Edcon, the companies said on Wednesday. | | | | | SHANGHAI (Reuters) - China National Nuclear Power Co, the country's biggest nuclear power developer, plans to raise money to help fund projects worth $27.3 billion via what could be one of China's biggest initial public offerings. | | | | | (Reuters) - Home Depot Inc on Wednesday expanded its share buyback plan for the year by $500 million and reaffirmed its full-year outlook. | | | | | WASHINGTON (Reuters) - The U.S. Air Force on Tuesday awarded Lockheed Martin Corp a contract to retrofit 40 F-22 fighter aircraft with an automatic backup oxygen supply after some pilots experienced oxygen deprivation when flying the supersonic plane. | | | | | SHANGHAI (Reuters) - Buddhist and Taoist temples have no right to go public and list shares on stock exchanges, a Chinese official was quoted in state media as saying of an issue that seems to have touched a nerve with the officially atheist government. | | | | | TAIPEI (Reuters) - The chairman of Apple Inc's major supplier Hon Hai Precision Industry Co was quoted as saying on Wednesday that a deal to buy shares of Japan's Sharp Corp was a good value. | | | | PARIS (Reuters) - The Qatar Investment Authority has bought a flagship retail complex on the exclusive Champs Elysees avenue in Paris from French insurance firm Groupama for more than 500 million euros ($623.20 million), French daily Les Echos said on Wednesday. | | | | | | TORONTO (Reuters) - Royal Bank of Canada, the country's biggest lender, wants regulators to tighten rules on trading, clearing and settlement fees as part of any deal to approve the Maple Group's proposed C$3.8 billion ($3.7 billion) takeover of the Toronto Stock Exchange operator. | | | | | | | 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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