Japan Steel Makers To Show Big Profit Drop: Report
Japan's top steel producers JFE Holdings Inc. and Nippon Steel Corp. are set to post heavy drops for their group pretax quarterly profits, the Nikkei business daily reported Sunday.
BP Urges $1 Billion TNK-BP Dividend
U.K. oil company BP PLC has proposed that its Russian joint venture TNK-BP pay shareholders a $1 billion interim dividend, TNK-BP said in a statement.
Japan Electronic-parts Orders To Rebound: Report
Japan's top six electronic-parts makers are likely to post their first gain in six quarters for orders, which are expected to rise collectively by 5% from a year earlier, the Nikkei business daily reported Monday.
NRG Energy, GenOn Energy to Merge in $1.7 Billion Deal
NRG Energy Inc. (NRG) said Sunday that it plans to acquire rival GenOn Energy Inc. (GEN) in a $1.7 billion all-stock deal that would create the largest competitive power company in the U.S.
HTC Sells Back Part Of Its Stake To Beats Audio
Taiwanese cell-phone maker HTC Corp. is selling back part of its stake in sound gear maker Beats Audio, HTC said on its website Sunday.
IMF To Cut Off Aid To Greece: Reports
The International Monetary Fund is expected to cut off further rescue aid to troubled Greece, reports said Sunday.
BP Calls For $1 Billion TNK-BP Dividend
U.K. oil giant BP PLC (BP.LN) has proposed that its Russian joint venture TNK-BP pays shareholders a $1 billion interim dividend, TNK-BP said in a statement.
Banco Santander To Shut 96 UK High Street Branches - Report
Banco Santander SA (SAN) will shut 96 high street branches as part of its effort to complete the integration of the British lenders it bought during the financial crisis, the Sunday Times reported.
Andy Haste Leads Private Equity Bid For Direct Line - Report
Andy Haste, the former chief executive of RSA Insurance Group PLC (RSA.LN), is leading a private-equity consortium looking to bid for Direct Line Group, the insurance business being sold by Royal Bank of Scotland Group PLC (RBS.LN), the Sunday Telegraph reported.