Merrill Nears Deal to Sell Bloomberg Stake: Report
NEW YORK (Reuters) - Merrill Lynch & Co <MER.N> may sell its 20 percent stake in financial news and data provider Bloomberg LP to a blind trust controlled by New
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EU Opens In-depth Investigation of Rio-BHP Deal
BRUSSELS (Reuters) - The European Commission opened an in-depth investigation on Friday into BHP Billiton's <BHP.AX><BLT.L> $170 billion unsolicited bid for rival miner Rio Tinto <RIO.L>, with prices of iron
BCE Buyers Finalize Funding
TORONTO (Reuters) - The buyers of telecoms company BCE Inc are sticking to the agreed C$42.75 per-share purchase price and have delivered the funding documents needed for the deal to
Weak Dollar is Global Concern: EU’s Barroso
BRUSSELS (Reuters) - The dollar's fall is a source of global concern and the European Union wants a better balance between the U.S. unit and other major currencies, European Commission
BHP Last to Sign Iron Ore Price Pact With Baosteel
SYDNEY/HONG KONG (Reuters) - BHP Billiton Ltd/Plc <BHP.AX><BLT.L> has matched takeover target Rio Tinto Ltd/Plc <RIO.AX><RIO.L> with a near doubling in contract iron ore prices, ending months of talks and
European Banks Need to Raise 60-90 Billion Euros: Goldman
(Reuters) - Goldman Sachs said the European banks sector needs to raise about 60 billion to 90 billion euros ($94 to $141 billion), or withhold one year of dividends, to
Infineon Shares Up Over 5 Percent on Takeover Talk
FRANKFURT (Reuters) - Shares in German chipmaker Infineon <IFXGn.DE> rose more than 5 percent on Friday, with traders citing unspecified takeover rumors.
UK Bank B&B Ups Rights Issue Size After TPG Quits
LONDON (Reuters) - Bradford & Bingley <BB.L> plans to increase its rights issue to 400 million pounds ($794 million) after U.S. private equity firm TPG Capital pulled out of a
BSkyB Mulls $4 Billion Bid For Spain’s Digital Plus-FT
LONDON (Reuters) - British pay-TV firm BSkyB <BSY.L> is considering a bid of more than 2.5 billion euros ($4 billion) for Spanish pay-TV platform Digital Plus, the Financial Times said
Austrian Court Finds BAWAG Bankers Guilty
VIENNA (Reuters) - A Vienna court sentenced nine people to prison on Friday for their roles in causing losses at Austrian bank BAWAG P.S.K. of as much as 1.7 billion