General Motors reversed course on Tuesday by abandoning a long-expected sale of its Opel to a group led by Canadian auto supplier Magna and opting to keep the European unit after a year of uncertainty and high-stakes political negotiations.
Banco do Brasil, Brazil's biggest bank, wants to fetch up to 10 billion reais ($5.7 billion) in a share offering in the United States to replenish its capital base, newspaper O Estado de S. Paulo reported on Saturday, citing unnamed sources.
The Russian government plans to sell 25 tonnes of gold from the state precious metals and gems repository Gokhran, possibly on the local market, Interfax news agency quoted a Finance Ministry official as saying on Thursday.
Top officials from Magna and Opel expressed confidence on Wednesday that General Motors will go through with selling its European arm to Canada's Magna despite a second chance to review the deal.
Top officials from Magna and Opel expressed confidence on Wednesday that General Motors will go through with selling its European arm to Canada's Magna despite a second chance to review the deal.
Barry Diller may be about to hang a 'for sale' on Ask.com, saying on Tuesday that his search advertising business could be open to a takeover given the competition it faces from Google Inc and Yahoo Inc.
Germany's new government will take a fresh look at the planned sale of carmaker Opel to Canada's Magna and may consider dropping its support for the deal, a member of the trust overseeing Opel said.
General Motors put on hold a deal to sell a 55 percent stake in carmaker Opel to a Russian-backed consortium led by Canadian automotive group Magna , GM's chief negotiator on the deal said on Friday.
Top Philippine refiner Petron Corp said on Thursday it aimed to raise as much as $500 million through a preferred share issue, but it did not give details of timing.
General Motors was set to decide this week whether to sign a contract to sell a majority stake in European arm Opel to Canadian parts maker Magna and Russia's Sberbank.
Qatar is selling a 1.3 billion pound ($2.1 billion) stake in British bank Barclays , stoking talk it will use a big profit to make a move on UK food retailer J. Sainsbury .
The German trust set up to oversee Opel said it saw no reason to reopen the carmaker's sale despite EU concerns that Germany's promises of state aid had skewed the bidding process.
The German trust set up to oversee Opel said on Monday it saw no reason to re-open the sale of the carmaker despite EU concerns that Berlin's promises of state aid had skewed the bidding process.
Epic swindler Bernard Madoff's former beach home off the eastern-most point of New York's Long Island sold for $9.41 million, money that will go toward a fund for defrauded investors, the U.S. Marshals Service said on Friday.
Ari, whenever someone brings up an objection, I find myself moving into a sales pitch, even when I don't want to, Sherri told me during a recent phone call. I'm not even sure why I do it. I just want to explain how their objection doesn't really apply, but before I know it, I'm 'selling' again. I know this creates sales pressure, and I know it can push people away -- but I don't know how else t...
American International Group Inc said on Thursday it expects to recognize a loss of about $1.4 billion on the sale of Nan Shan Life Insurance Co, its life insurance unit in Taiwan.
The seven-bedroom, three-bath house in this city's West Garfield Park neighborhood had once been someone's American Dream.
Royal Bank of Scotland is considering a plan which could result in the sale of just over 10 percent of its British branches in a move to ease EU concerns over state aid, a source familiar with the matter said.
State-run Ghana National Petroleum Corp believes Kosmos Energy's deal to sell its stake in the huge Jubilee oil field to Exxon Mobil is illegal and is ready to buy the stake itself, a GNPC source said on Monday.
Chinatrust, in final talks to buy AIG's Taiwan unit Nan Shan, has attracted more foreign interest than expected to subscribe to its T$44.3 billion ($1.4 billion), private placement, an executive said.
General Motors GM.UL is on track to sign a contract this week to sell a majority stake in European carmaking arm Opel to a Canadian-Russian consortium, Opel labor leader Klaus Franz told Reuters.
British Prime Minister Gordon Brown plans to detail a sale of government assets on Monday aimed at raising 3 billion pounds ($4.8 billion), a draft of a speech provided by his office showed on Sunday
