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Tuesday, September 11, 2012

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09/11/2012
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
Qatar keeps Glencore guessing on Xstrata bid
LONDON (Reuters) - Qatar, Xstrata's second-largest investor, has held back immediate support for Glencore's raised bid for the miner, despite an apparent rapprochement last week, saying in a rare statement on Tuesday it was still considering its position.
Credit Agricole CFO sees Emporiki sale in weeks
PARIS (Reuters) - Credit Agricole expects the sale of its crisis-scarred Greek bank Emporiki to be signed within "weeks", according to slides of a presentation by the French bank's chief financial officer posted on its website on Tuesday.
AIA leads race for ING's $2 billion worth SE Asia insurance units: sources
HONG KONG (Reuters) - Asian insurer AIA Group Ltd has emerged as the front-runner to buy ING's Malaysia and Thailand insurance operations, sources with knowledge of the matter said, in a deal that could be worth about $2 billion.
Nokia Siemens in talks to sell business support unit: CEO
BANGALORE (Reuters) - Mobile network equipment maker Nokia Siemens Networks is in talks with various companies to sell its business support systems (BSS) unit, its chief executive said, as it looks to ditch some product lines and focus on mobile broadband.
Treasury sells big chunk of AIG stock at a profit
(Reuters) - The U.S. government cut its stake in American International Group Inc to about 21.5 percent on Monday, making a profit of $12.4 billion on the insurer's crisis-era bailout and bringing the unpopular rescue closer to its end.
China's Haier offers $705 million for Fisher and Paykel
(Reuters) - Fisher and Paykel Appliances Ltd said Haier Group offered NZ$869 million ($705 million) to buy the kitchen and appliance maker in a deal that would give the Chinese white-goods company full control of its New Zealand partner.
ThaiBev teams up with partner to bid for Singapore F&N
* Move on F&N follows ThaiBev/Heineken battle for Tiger beer brewer
GAIL India eyes Repsol assets in Canada, Peru, Trinidad
SINGAPORE (Reuters) - GAIL (India) Ltd confirmed media reports that it is considering buying liquefied natural gas (LNG) assets put up for sale by Spain's Repsol SA in Canada, Peru, and Trinidad.
Goldman loses $20 million fee in conflict of interest case
NEW YORK (Reuters) - Goldman Sachs was not paid a $20 million fee it billed for advising El Paso Corp on its more than $20 billion sale to Kinder Morgan Inc after the investment bank was accused of a conflict of interest in the sale.
Lavazza raises stake in Green Mountain Coffee
(Reuters) - Luigi Lavazza SpA increased its stake in Green Mountain Coffee Roasters Inc , giving the Italian coffee roaster control of 6.8 percent of the U.S. company, a securities filing showed on Monday.
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