Posted by Reuters: Business News on February 2, 2012
(Reuters) – Glencore International is nearing an agreement to combine with Xstrata in a deal that may value the combined entity at 52 billion pounds ($82.46 billion), Bloomberg said, citing two people with knowledge of the plan.
Posted by Reuters: Business News on January 28, 2012
TOKYO (Reuters) – Exxon Mobil plans to sell a large part of its 50 percent stake in TonenGeneral Sekiyu KK back to its Japanese refining partner in a deal that could be worth about 300 billion yen ($3.9 billion), and will make an announcement as early as Monday, four sources with direct knowledge of the matter said.
Posted by Reuters: Business News on January 4, 2012
TOKYO (Reuters) – Exxon Mobil is in talks to sell most of its 50 percent stake in TonenGeneral Sekiyu KK back to its Japanese refining partner and unload other assets in Japan in a deal that could be worth as much as $5 billion, four sources with knowledge of the matter said.
Posted by Reuters: Business News on December 23, 2011
KUALA LUMPUR (Reuters) – Petronas is in talks with several global oil majors including Shell and Exxon Mobil to develop petrochemical plants within its $20 billion refinery complex in southern Malaysia, two sources with direct knowledge of the matter said.
Posted by Reuters: Business News on December 21, 2011
ROME/MILAN (Reuters) – More than a dozen Italian banks, including top lenders UniCredit and Intesa Sanpaolo , tapped 116 billion euros ($143.52 billion) of new three-year loans offered by the European Central Bank, nearly a quarter of the total, three sources with direct knowledge of the matter told Reuters.
Posted by Reuters: Business News on October 12, 2011
NEW YORK (Reuters) – AOL Inc CEO Tim Armstrong has been meeting with top shareholders in the past couple of weeks to push the idea of a sale to Yahoo Inc that could wring up to $1.5 billion of cost savings, according to sources with knowledge of the discussions.
Posted by Reuters: Business News on September 20, 2011
BEIJING/HONG KONG (Reuters) – Bank of China , a big market-maker in China’s onshore foreign exchange market, has stopped foreign exchange forwards and swaps trading with several European banks due to the unfolding debt crisis in Europe, three sources with direct knowledge of the matter told Reuters on Tuesday.
Posted by Reuters: Business News on September 14, 2011
San Francisco (Reuters) – Yahoo’s board will meet on Wednesday to discuss a wide range of options facing the troubled Internet firm, including the search for a new chief executive, a source with knowledge of the situation told Reuters.
Posted by Reuters: Business News on September 7, 2011
SAN FRANCISCO (Reuters) – Facebook’s revenue doubled to $1.6 billion in 2011′s first half, a source with knowledge of its financials told Reuters, underscoring its appeal to advertisers while it grapples with intensifying competition from the likes of Google Inc.
Posted by Reuters: Business News on August 10, 2011
HONG KONG/DUBAI (Reuters) – Bank of America Corp has held exploratory talks with the principal investment funds of Kuwait and Qatar about selling part of its stake in China Construction Bank , sources with direct knowledge of the talks told Reuters.
