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Wednesday, June 11, 2014

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06/11/2014
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
Siemens in talks with Mitsubishi on Alstom energy bid: source
BERLIN (Reuters) - German conglomerate Siemens is in talks with Japan's Mitsubishi Heavy Industries on a possible joint bid for the energy assets of France's Alstom, a source close to Siemens told Reuters on Wednesday.
Alibaba to buy out UCWeb in China's biggest internet merger
BEIJING (Reuters) - Alibaba Group Holding Ltd [IPO-ALIB.N] will fully acquire mobile browser firm UCWeb in the biggest merger in Chinese internet history, upping the stakes in its battle with arch-rivals Tencent and Baidu.
Japan Tobacco to buy UK e-cigarette brand E-Lites
LONDON (Reuters) - Japan Tobacco Inc agreed to buy the maker of E-Lites, a leading brand of e-cigarette in Britain, giving it entry to the fast-growing market for tobacco alternatives.
GoPro's IPO to value wearable camera maker at up to $3 billion
(Reuters) - GoPro Inc, a maker of wearable sports cameras and accessories, said it expected its initial public offering of shares to be priced $21-$24 per share, valuing the company at up to $3 billion.
Emirates cancels order for 70 Airbus A350 planes
TOULOUSE (Reuters) - Airbus lost a major order on Wednesday when Dubai's Emirates airline cancelled its entire requirement for 70 A350 jets, dealing an unexpected blow to the European planemaker and engine maker Rolls-Royce.
EU clears Allianz acquisition of UnipolSai assets
BRUSSELS (Reuters) - The EU Commission said on Wednesday it had cleared the sale of non-life insurance assets by Italy's UnipolSai to Germany's Allianz.
American Vanadium eyes share of storage battery market
LONDON (Reuters) - American Vanadium is aiming to capture a 20 percent share of the global market for energy-storing vanadium flow batteries by 2020 after it begins production at the only vanadium mine in the United States, its chief executive said.
HSBC sells UK pensions business to Swiss Re unit
ZURICH (Reuters) - HSBC HSBA.L said on Wednesday it had agreed to sell its UK pensions business to ReAssure, owned by Swiss Re SRENH.VX, but will continue to manage the business's assets.
SingTel says to buy digital advertisers for $359 million
SINGAPORE (Reuters) - Singapore Telecommunications Ltd said on Wednesday it plans to buy two U.S.-based advertising companies for a total of $359 million to strengthen its digital marketing profile.
Google to buy satellite company Skybox Imaging for $500 million
SAN FRANCISCO (Reuters) - Google Inc said on Tuesday it is acquiring satellite company Skybox Imaging for $500 million in cash, the Internet company's second high-profile acquisition of an aerospace company this year.
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