Insurances & Business

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PERTH (Reuters) - British utility BG Group Plc bid $12.1 billion for Australia's second-largest power retailer, Origin Energy Ltd, on Wednesday, seeking to establish itself as a major player in... Britain’s BG Bids $12 Bln For Australia’s Origin
PARIS/LONDON (Reuters) - Sanofi-Aventis's <SASY.PA> sales and profits fell less than expected in the first quarter but the French drugmaker said on Wednesday that saredutant, an experimental antidepressant, had failed... Sanofi Q1 Oper Profit Falls 7 Pct, Keeps Targets
NEW YORK (Reuters) - Citigroup Inc <C.N> said on Tuesday it plans to sell $3 billion of common stock to bolster its capital levels, sending its shares down in after-hours... Citigroup to Sell $3 Bln in Stock; Shares Fall
WASHINGTON (Reuters) - A "toxic stew" of problems with pilots and other issues at US Airways Inc <LCC.N> would imperil any merger between that carrier and United Airlines, the leader... UAL Pilots Leader Opposes Any Merger With US Air
NEW YORK (Reuters) - A committee to protect editorial integrity at The Wall Street Journal said on Tuesday it will be more active in the search of a new managing... WSJ Editor’s Resignation Process Flawed: Committee
DETROIT (Reuters) - Major U.S. auto retail groups on Tuesday posted quarterly results that underscore their mixed success in offsetting pressure from slumping new vehicle sales through sales of used... Auto Retailers Struggle to Offset New Car Slump
NEW YORK (Reuters) - Countrywide Financial Corp <CFC.N> and GMAC LLC, which run the largest independent U.S. mortgage lenders, posted big first-quarter losses on Tuesday, hurt by credit problems as... Countrywide, GMAC Post Big Losses on Mortgages
NEW YORK (Reuters) - CBS Corp <CBS.N> and GE's <GE.N> NBC Universal plan to bid for the Weather Channel in the second round of bidding due in early to mid-May,... NBC, CBS Seen Bidding For Weather Channel
BOSTON (Reuters) - Hedge-fund manager John Meriwether is letting investors exit his global macro fund after the roughly $300 million portfolio lost 14 percent this year, a person familiar with... Meriwether’s Hedge Fund Let Investors Out, Staff Go
NEW YORK (Reuters) - Finance company GMAC said on Tuesday its first-quarter loss nearly doubled as more customers fell behind on mortgage payments, and warned that it might not be... GMAC Posts Loss on Mortgage Woes