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Monday, May 5, 2014

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05/5/2014
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
Alstom battle to upstage Siemens chief's grand strategy launch
BERLIN (Reuters) - When Joe Kaeser took the reins of German engineering giant Siemens last summer after a boardroom coup, he made clear his priority was closing a yawning profitability gap with rivals such as General Electric .
Turkey, China in talks on $10-12 billion energy investment: minister
ANKARA (Reuters) - Turkey and China are in talks on a $10-12 billion investment deal for the Afsin-Elbistan coalfield and power plant project in southern Turkey, Energy Minister Taner Yildiz told Reuters.
Hon Hai in talks to buy 22 percent of Asia Pacific Telecom: report
TAIPEI (Reuters) - Hon Hai Precision Industry Co Ltd, which makes iPhones for Apple Inc, is in talks to buy 22 percent of compatriot mobile network provider Asia Pacific Telecom Co Ltd, local media reported citing unidentified sources.
China's Baosteel in $1 billion bid to revive Australia iron ore project
SYDNEY (Reuters) - Chinese steel giant Baosteel Resources and an Australian partner launched a $1 billion takeover bid for Australian explorer Aquila Resources in a move that could help break the grip of mega iron ore exporters Rio Tinto and BHP Billiton.
China Nuclear Power plans $2.6 billion share sale in industry's first IPO
SHANGHAI (Reuters) - China National Nuclear Power Co Ltd plans to raise 16.3 billion yuan ($2.60 billion) in the industry's first initial public offering, as part of the world's biggest expansion of civilian nuclear power capacity.
GSE Environmental files for Chapter 11 bankruptcy protection
(Reuters) - GSE Environmental Inc and its affiliates filed for Chapter 11 bankruptcy protection late on Sunday as part of a restructuring support agreement with its lenders.
Australia's Bendigo to buy Victoria state rural finance arm for $1.65 billion
SYDNEY (Reuters) - Australia's Bendigo and Adelaide Bank Ltd said on Monday it plans to buy state-owned Rural Finance Corporation of Victoria for A$1.78 billion ($1.65 billion), continuing its push to grow its business by swallowing up smaller rivals.
B/E Aerospace says exploring possible sale or merger
(Reuters) - B/E Aerospace , a $9 billion maker of aircraft cabin interior products, said Sunday it was exploring strategic alternatives including a possible sale, merger or spin off of the company or selected businesses.
Etihad says is buying stakes in Europe to compete, not control
ABU DHABI (Reuters) - Abu Dhabi's Etihad Airways on Sunday said its strategy of buying stakes in European airlines was bringing fresh competition to the region, despite close scrutiny by regulators over whether its investments comply with European ownership rules.
Comcast to bring its X1 service to L.A., New York within year of merger
Los Angeles (Reuters) - Within a year after its $45 billion acquisition of Time Warner Cable Inc closes, Comcast Corp aims to make its advanced X1 cable service available in areas such as New York and Los Angeles and other markets where it will gain a commanding new presence.
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