| | LONDON (Reuters) - Glencore's $30 billion bid for miner Xstrata is not a "must-do deal" its chief executive said on Tuesday, in the company's strongest suggestion yet that it will not yield to key shareholder Qatar's demands for an improved offer. | |  | | | (Reuters) - Royal Dutch Shell Plc will increase its stake in Australia's Browse LNG project by picking up Chevron's equity in the $30-billion venture in an asset-swap deal, opening up the possibility of new development options such as floating LNG. | | | | | | TOKYO (Reuters) - Failed Japanese chipmaker Elpida Memory Inc, which has agreed to be bought by U.S. rival Micron Technology Inc , is expected to submit its restructuring plan to a court on Tuesday, the next step in efforts to ensure the survival of some of its operations. | | | | | | SEOUL (Reuters) - Electrolux AB is among three bidders who made a binding bid to acquire unlisted South Korean home appliance maker Daewoo Electronics, a source with direct knowledge of the matter said on Tuesday. | | | | | | LONDON (Reuters) - Barclays is in talks about combining its African operations with that of majority-owned subsidiary Absa Group in a move aimed at accelerating expansion on the continent, the British bank said on Tuesday. | | | | | | LONDON (Reuters) - Industry regulator Ofcom has given the go-ahead for Britain's biggest mobile operator Everything Everywhere (EE) to use its existing airwaves to provide next generation 4G services while rivals have to wait, saying the benefits to consumers outweighed any risk of unfair competition. | | | | | | TEL AVIV/HONG KONG (Reuters) - Hong Kong conglomerate Hutchison Whampoa said on Tuesday it had ended a deal to regain control of Israel's second largest mobile phone operator Partner Communications . | | | | | | SINGAPORE (Reuters) - Shares of Asia Pacific Breweries Ltd (APB) soared to a record in Singapore trading on Tuesday after Dutch brewer Heineken sweetened its offer for the maker of Tiger Beer to $6.35 billion. | | | | | COPENHAGEN (Reuters) - Debt-stricken Danish shipping company Torm A/S reported deepening losses for the second quarter on Tuesday and acknowledged that its survival depends on reaching a deal with its banks on its $1.9 billion of debt. | | | | | | TOKYO (Reuters) - Embattled Japanese TV maker Sharp Corp may cut a further 3,000 jobs on top of the 5,000 already announced by selling two television assembly plants to Taiwanese partner Hon Hai Precision Industry , according to a source familiar with the discussion. | | | |  |  | | | 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 | |
No comments:
Post a Comment