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Thursday, November 1, 2012

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11/1/2012
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
Rosneft signs $80 billion gas deal with Inter RAO: source
MOSCOW (Reuters) - Russian state oil company Rosneft signed an $80 billion deal to supply state power company Inter RAO with natural gas, a source said, replacing Novatek as Inter RAO's main supplier.
Exclusive: Glencore offers to end Nyrstar deal to land Xstrata - source
BRUSSELS (Reuters) - Commodities trader Glencore has offered to end an exclusive zinc sales deal and sell its minority stake in world No. 1 producer Nyrstar to win EU approval for its $33 billion takeover of Xstrata , a source said on Wednesday.
Potash eyes ICL takeover as a road to China, India
JERUSALEM/WINNIPEG, Manitoba (Reuters) - Potash Corp , the world's No. 1 fertilizer producer, is ramping up efforts to buy Israel Chemicals Ltd so it can shore up its leverage with China and India, top consuming countries that are expected to drive much of the industry's growth.
Telenor opens door to selling Vimpelcom stake
OSLO (Reuters) - Norwegian telecoms operator Telenor has changed stance on its stake in Russia's Vimpelcom , declining to rule out a sale in what could signal an end to a decade-long ownership battle.
Telefonica to buy back $2.6 billion preference shares
MADRID (Reuters) - Spain's Telefonica offered to buy back preference shares worth some 2 billion euros ($2.60 billion) on Wednesday, as a part of a series of measures to reduce its 58 billion euros debt.
Elpida says Tokyo court approves acquisition by Micron
SAN FRANCISCO/TOKYO (Reuters) - Micron Technology's plan to acquire Japanese memory chipmaker Elpida took a big step toward completion after a Tokyo court approved the agreement and dismissed a rival proposal promoted by a group of bondholders.
South Korea's Samsung Engineering says wins $2.5 billion order
SEOUL (Reuters) - Samsung Engineering said on Thursday it had won a $2.48 billion order to build eight new process units, utilities and offsite facilities for a oil refinery in Ruwais, United Arab Emirates from Abu Dhabi Oil Refining Company (Takreer).
Talisman deal with Sinopec to be sealed by year-end
CAPE TOWN (Reuters) - British and European Union regulators are expected to approve Sinopec Corp's 49 percent acquisition of Talisman Energy by the end of the year, an official said on Thursday.
PVH unites Calvin Klein lines in $2.8 billion deal
(Reuters) - Clothing maker PVH Corp will unite Calvin Klein underwear, jeans and sportswear lines under one roof in a $2.8 billion deal to buy rival Warnaco Group Inc , the latest move in the consolidation of the apparel manufacturing industry.
China's CIC wealth fund unit buys Heathrow stake: Xinhua
BEIJING (Reuters) - A subsidiary of China Investment Corporation (CIC), the country's sovereign wealth fund, is buying a 10 percent stake in the UK's Heathrow Airport, state news agency Xinhua reported on Thursday.
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