Business Today: SoftBank in talks to acquire T-Mobile, discussing funding: sources

	Click to View in Browser 12/25/2013 SoftBank in talks to acquire T-Mobile, discussing funding: sources TOKYO (Reuters) - Japan's SoftBank Corp is in talks to acquire U.S. wireless carrier T-Mobile US Inc and is discussing funding for a deal with financial institutions, sources close to the matter said on Wednesday. Surge of holiday packages delays UPS shipments NEW YORK (Reuters) - A high volume of holiday packages overwhelmed shipping and logistics company UPS, the company said on Wednesday, delaying the arrival of Christmas presents around the globe and sending angry consumers to social media to vent. U.S. court rejects BP bid to require proof of Gulf oil spill losses (Reuters) - BP Plc has failed to persuade a U.S. federal judge to require businesses seeking to recover money over the 2010 Gulf of Mexico oil spill to provide proof that their economic losses were caused by the disaster. Ukraine expects remaining $12 billion of Russian bailout in early 2014 KIEV (Reuters) - Ukraine expects a $15 billion bailout package from Russia to be fully disbursed in early 2014, Ukrainian Prime Minister Mykola Azarov said on Wednesday after Kiev received the first $3 billion tranche. Woodside stake may be split if Shell sells out LONDON (Reuters) - Royal Dutch Shell's 23.1 percent stake in Australian oil and gas group Woodside Petroleum is seen as more likely to be split up and/or sold to institutional shareholders than to go in one piece to a strategic buyer, bankers said. Soaring compliance costs clip wings of Mideast, African banks DUBAI (Reuters) - While it may be the most common given name in the world, the global banking system seemingly can't cope with Mohammed and its various different spellings. Exclusive: Target hackers stole encrypted bank PINs - source BOSTON/NEW YORK (Reuters) - The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar with the situation. Japan PM Abe: Want to ensure sales tax hike won't derail recovery TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Wednesday that he wants to ensure that next year's sales tax hike does not derail the economy from its recovery path. A minicar named Hustler? Japan's brand names raise eyebrows TOKYO (Reuters) - Suzuki Motor Corp had little idea that the name "Hustler" for its new, boxy minicar aimed at outdoorsy Japanese customers might cause mirth among English speakers for its association with an adult magazine - but it's not alone. Analysis: In telecom merger mania, skeptical eye from Obama administration WASHINGTON/NEW YORK (Reuters) - A pair of potentially transformative U.S. telecoms and cable deals could run afoul of Obama administration regulators who worry that mergers among market leaders would hurt consumers. Related Video Turkish ministers quit Housing market holds up Economic News U.S. manufacturing, housing data buoy economic outlook U.S. new home sales fall modestly from five-year peak, prices up 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 - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend