Business
Owners of a third of 3PAR back HP bid
NEW YORK (Reuters) - Data storage provider 3PAR Inc said on Friday that shareholders owning about a third of its shares have agreed to accept Hewlett-Packard Co's proposal to buy the company for $2.4 billion.
Conundrum: M&A/credit binge vs double-dip fear
LONDON (Reuters) - A new conundrum faces financial markets -- why, if the global economy is heading back into trouble, are companies on an M&A binge and big investors snapping up so much corporate debt?
Q+A - What options does Obama have to boost U.S. hiring?
WASHINGTON (Reuters) - The U.S. economy needs more help and President Barack Obama says he will address new ideas next week to boost hiring.
China tells state firms to explore Potash bid - source
HONG KONG/MELBOURNE (Reuters) - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.
Athens shops pull down shutters on recovery hopes
ATHENS (Reuters) - There are more employees than clients in Andreas Triandafillidis' clothes shop in central Athens. Austerity has kicked in and the shirts stay on the shelves despite a 50 percent discount.
Petrobras to sell $65 bln stock in record offer
RIO DE JANEIRO (Reuters) - Brazilian state oil company Petrobras on Friday filed to sell up to $64.5 billion of new stock -- the largest in capital markets history --
BofA Merrill Lynch names Malhotra India risk manager - memo
MUMBAI (Reuters) - Bank of America Merrill Lynch has named Sanjiv Malhotra as risk manager and a member of its leadership team for India, according to a company memo seen by Reuters on Friday.
FY11 tax collection may top budget estimate
NEW DELHI (Reuters) - India's tax collections could beat budget estimates of 7.46 trillion rupees ($160 billion) in the fiscal year to end-March 2011, Revenue Secretary Sunil Mitra said on Friday.
GLOBAL MARKETS WEEKAHEAD - Poised for a risk rally?
LONDON (Reuters) - With little fanfare, equity markets have started to rally, investors have become sated with government bonds and cash levels are high enough to prompt a search for better yield.
SPECIAL REPORT- An outgunned FDA tries to get tough with drug ads
SILVER SPRING, Md., (Reuters) - It wasn't what you would call a casual get-together.
REUTERS SHOWCASE
BRIC Stocks
Stocks from the so-called BRIC group are starting to move in lock-step with developed market indices. Full Article
Ferrari Recall
Ferrari said it is recalling more than 1,240 of its 458 Italia supercars to replace an adhesive prone to melting. Full Article | Slideshow
Oil Spill Costs
BP said the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion. Full Article
Gold ETFs
Here we explain what are gold ETFs and why they might be preferable to owning physical gold. Full Article
- Owners of a third of 3PAR back HP bid
- Conundrum: M&A/credit binge vs double-dip fear
- Q+A - What options does Obama have to boost U.S. hiring?
- China tells state firms to explore Potash bid - source
- Athens shops pull down shutters on recovery hopes
- Petrobras to sell $65 bln stock in record offer
- BofA Merrill Lynch names Malhotra India risk manager - memo
- FY11 tax collection may top budget estimate
- GLOBAL MARKETS WEEKAHEAD - Poised for a risk rally?
- SPECIAL REPORT- An outgunned FDA tries to get tough with drug ads
India Indices
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