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Friday, December 6, 2013

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12/6/2013
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
Chevron's $6.4 billion China gas project pushed back again: sources
BEIJING (Reuters) - A $6.4 billion gas project being built by Chevron in China is facing further delays due to disagreements with partner PetroChina over how to develop the technically tricky fields, three industry sources said.
Nestle sells Givaudan stake as it trims portfolio
ZURICH/PARIS (Reuters) - Nestle was selling its 10 percent stake in Swiss fragrance and flavor maker Givaudan on Friday for as much as 1.08 billion Swiss francs ($1.20 billion), as it concentrates resources on its core food businesses.
Merrill drops bid to advise Turkish defense firm after China deal: official
ANKARA (Reuters) - Bank of America Merrill Lynch has withdrawn from bidding to advise Turkish defense contractor Aselsan after Turkey struck a preliminary defense deal with a Chinese firm under U.S. sanctions, an Aselsan official said on Friday.
Total buys stake in Papua New Guinea bloc
PERTH/PARIS (Reuters) - France's Total has agreed to buy a stake in InterOil's Papua New Guinea gas fields, which could include the construction of a liquefied natural gas (LNG) export plant in a deal worth up to $3.6 billion.
South Africa's Oasis sells 2.2 percent stake in Adcock: spokesman
JOHANNESBURG (Reuters) - South African asset manager Oasis Group Holdings has sold its remaining 2.2 percent stake in drugmaker Adcock Ingram on the open market, a spokesman said on Friday.
Carlsberg buys controlling stake in China's Chongqing Brewery
COPENHAGEN/SHANGHAI (Reuters) - Danish brewer Carlsberg upped its stake in China's Chongqing Brewery to 60 percent, strengthening its foothold in the world's largest beer market by volume, and hopes to increase its holding further, the Chinese company said.
Nine Entertainment IPO taps into Australia's passion for cricket
SYDNEY (Reuters) - Investors in broadcaster Nine Entertainment Co Pty Ltd are hoping Friday's listing on the Australian stock exchange taps into a national passion: cricket.
Argentina, Repsol in talks regarding YPF compensation: Argentina
BUENOS AIRES (Reuters) - Argentina has begun talks with Repsol about compensation to the Spanish oil major for last year´s nationalization of the South American country's top oil company, YPF , a government official said on Thursday.
Mexico's Cemex inks $500 million IT deal with Neoris over 10 years
MEXICO CITY (Reuters) - Mexico's Cemex , one of the world's biggest cement companies, said on Thursday it had reached a $500 million deal with Neoris which will provide IT outsourcing services over 10 years.
Shareholder in South Africa's Adcock may thwart Bidvest's bid plans
JOHANNESBURG (Reuters) - South Africa's state pension fund will not sell its stake in drugmaker Adcock Ingram to Bidvest , a source familiar with the fund's thinking said, potentially thwarting an attempt by the local conglomerate to block a rival Chilean takeover offer.
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