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Friday, August 23, 2013

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08/23/2013
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
Huawei, ZTE win bulk of China Mobile's $3 billion 4G bonanza: sources
SINGAPORE (Reuters) - China Mobile Ltd has awarded initial 4G contracts worth around 20 billion yuan ($3.2 billion), with Chinese firms securing more than half of the biggest prize in the global telecoms industry this year and foreign firms winning about a third, industry sources said.
China's Jiangxi Copper interested in Glencore's Peru mine: sources
HONG KONG (Reuters) - Jiangxi Copper Co Ltd has joined a list of potential Chinese suitors interested in buying Glencore Xstrata Plc's $5 billion-plus Las Bambas copper mine in Peru, underscoring the Chinese government's desire to plug a shortage in supply.
CEO Sechin buys $5.5 million Rosneft stake
MOSCOW (Reuters) - Igor Sechin, the chief executive of Russia's top oil producer Rosneft , has bought his first shares in the company, accumulating a stake worth $5.5 million, the state-controlled oil major said on Friday.
Toshiba, KKR, Bain to bid for Panasonic healthcare unit: sources
TOKYO (Reuters) - Toshiba Corp, U.S. private equity firm Kohlberg Kravis Roberts & Co (KKR) and a consortium including Bain Capital are expected to participate in the final round of bids next week for Panasonic Corp's healthcare business, a deal that could fetch as much as $1.5 billion, sources with knowledge of the matter said on Friday.
Baring to buy controlling stake in India's Hexaware: sources
(Reuters) - Baring Private Equity Asia is set to buy a controlling stake in Indian outsourcing services provider Hexaware Technologies Ltd for about $400 million, two sources with direct knowledge of the matter said on Friday.
Corrected: KKR agrees to buy up to 63 percent of Australia's GenesisCare
(This story corrects June 2012 story throughout to show joint statement said KKR agreed to buy up to 63 percent of GenesisCare, not that it had taken a 63 percent stake)
Exxon selling Iraqi oilfield stakes to Petro China, Pertamina: Iraq minister
NEW DELHI (Reuters) - Exxon Mobil is selling stakes it controls in Iraq's West Qurna-1 oilfield to China's Petro China and Indonesia's Pertamina , the country's oil minister confirmed on Friday.
Baidu to pay $160 million for stake in Chinese group-buying firm
(Reuters) - Baidu Inc , China's largest search engine provider, will acquire a stake in Chinese group-buying website Nuomi Holdings Inc for $160 million as it accelerates its push into the country's rapidly growing mobile Internet market.
Koch Brothers decide not to buy the Tribune newspapers
(Reuters) - Charles and David Koch, two of the world's richest men, have walked away from talks to buy the Tribune Co's newspaper assets, concluding that the papers were not economically viable.
American Airlines, US Airways seek November 12 trial date for merger lawsuit
(Reuters) - American Airlines and US Airways are seeking a 10-day trial that would begin November 12 in U.S. federal court to fight the challenge by the U.S. Justice Department to their proposed merger, which would form the world's biggest carrier.
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