DEALS

U.S. softens stance on private equity bank deals

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U.S. banking regulators partially retreated from a much-criticized proposal to impose new rules on private equity investment in troubled banks, aiming to encourage responsible investment in distressed banks.

China Mobile keen on deals with Taiwan firms

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China Mobile, the world's largest mobile carrier, aims to sign a series of deals with key Taiwanese firms this week, helping them gain access into China's rapidly growing telecoms market.
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Distressed-debt deals in 2009 reach $84.4 billion: report

The total value of distressed-debt deals, where creditors use their debt positions to take ownership of troubled companies, has touched $84.4 billion this year, the Wall Street Journal said, at a pace close to double that of 2008.
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IBM announces Brocade, Cisco, and Juniper OEM Deals

Working together to Support Increasingly Interconnected IT Infrastructures, the top networking technology Companies entered into an agreement deals. IBM announced the agreement of reseller and original equipment manufacturing (OEM) of switches and routers which will benefit all the Companies creating good relationship among them.
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Rothschild reviewing possible YRC bond deals: source

Struggling No. 1 U.S. trucking company YRC Worldwide Inc has asked investment bank Rothschild to evaluate potential bond exchanges as part of its restructuring plans, according to a source familiar with the matter.
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Chinese visit brings Italian deals worth $2 bln

Chinese President Hu Jintao's visit to Italy generated over $2 billion worth of deals between the two countries on Monday, including a Fiat SpA (FIA.MI) joint venture to produce cars and engines in China.
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China gives ground to save iron ore deals; miners mum

Chinese steel mills offered their first meaningful compromise on iron ore prices on Wednesday, scrambling to salvage annual supply deals with global miners who kept silent one day after a deadline to agree terms.
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Drug deals cost U.S. consumers $3.5 bln a year: FTC

Consumers, insurance companies and the federal government spend an extra $3.5 billion for prescription drugs every year because brand-name companies pay generic producers to stay out of the market, the head of the U.S. Federal Trade Commission said on Tuesday.
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Ericsson signs LTE patent deals

Swedish telecom equipment maker Ericsson has signed its first license agreements for LTE technology patents, allowing other companies to use the technology, an Ericsson official said on Monday.
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Nuclear nations rush to lock in uranium deals

A global shift toward nuclear power is prompting countries to rush to lock in long-term access to tight supplies of uranium, and China and India look to be the next players to get in on the action.
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U.S. senators ask FCC to review mobile handset deals

Several U.S. senators urged regulators on Monday to review exclusive arrangements regarding mobile handset technology between wireless carriers and cell phone makers and how they affect competition and choice in the marketplace.

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