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GM taps Spencer Stuart to conduct CEO search -WSJ

General Motors Co has tapped recruiting firm Spencer Stuart to find a permanent chief executive with extensive global, manufacturing and turnaround experience, The Wall Street Journal reported on Sunday, citing people familiar with the matter.

China Pacific to raise up to $3.34 bln in IPO

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China Pacific Insurance (Group) Co Ltd, the country's third-largest life insurer, plans to raise up to HK$25.9 billion ($3.34 billion) from a Hong Kong initial public offering, a source close to the deal said on Sunday.
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EU set to end Microsoft dispute next week: sources

The European Union and Microsoft are likely to end a decade-long dispute next week when EU antitrust regulators will accept the U.S. software company's amended offer on allowing consumer choice on Internet browsers, sources said.
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Staffing stocks surge on U.S. jobs data

Shares of staffing companies soared on Friday after a government report showing U.S. employers cut far fewer jobs than expected last month heralded increased demand for the companies' services as the labor market improves.
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Google enters the sticker war

The doors of restaurants and barbershops are increasingly plastered with stickers touting various online rating services, from Yelp and Citysearch to the distinctive red crest of Zagat.
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Markets need progress in Copenhagen, says Norway's SWF

Financial markets need global climate talks getting underway in Copenhagen to iron out a plan to price emissions more effectively and seal the switch to a low carbon economy, Europe's biggest investor told Reuters on Monday.
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EU set to accept Microsoft browser offer: sources

EU antitrust regulators are set to accept next week an amended offer by Microsoft that would allow PC users in Europe to choose other web browsers, two people familiar with the situation said on Monday.
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China Pacific proves a big money bet for Carlyle

The Carlyle Group , the U.S. buyout giant backing China Pacific Insurance (Group) Co Ltd, could make a $4 billion profit -- a return of more than six times its investment -- once China's No.3 life insurer floats shares in Hong Kong.
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TEPCO to acquire stake in Wheatstone LNG project

Japan's Tokyo Electric Power Co said on Saturday it has signed a Heads of Agreement with U.S. major Chevron to procure 4.1 million tonnes per year of liquefied natural gas from Australia's Wheatstone project. Under the agreement, TEPCO, Japan's top utility, will acquire 15 percent of Chevron's equity stake in Wheatstone field license and an 11.25 percent stake in Wheatstone gas processing facility.
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New US sour crude years from benchmark status-CME

Officials of CME Group Inc expressed optimism on Friday about the success of a new physically deliverable U.S. sour crude oil futures that launches next week, but said it would take years to become a benchmark, if it ever does.
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Dollar jump puts oil below $75

Oil prices fell below $75 a barrel on Monday as a rising dollar sent investors fleeing from risk and global markets began to speculate on a specific future date when the United States would raise its interest rates.
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U.S. natural gas rig count unchanged for week

The number of rigs drilling for natural gas in the United States was unchanged this week at 748 following a big gain last week, according to a report on Friday by oil services firm Baker Hughes in Houston.
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U.N. climate talks open, deal within reach

The biggest climate talks in history opened on Monday with a stark U.N. warning of the risk of desertification and rising seas and an assurance by hosts Denmark that a deal to combat climate change was within reach.

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