EU regulators to decide on Oracle, Micros deal by Aug. 29
BRUSSELS (Reuters) – European Union antitrust regulators will decide by Aug. 29 whether to clear world No. 2 software maker Oracle Corp’s $5.3 billion bid for Micros Systems , the European Commission said on Friday.
RBS says attracting private equity cash one option for Irish arm
LONDON (Reuters) – State-backed Royal Bank of Scotland said attracting private equity firms to inject cash into its Irish arm was one of several options it was considering as part of a restructuring of its Ulster Bank business.
McDonald’s Japan stops sourcing all chicken from China
TOKYO (Reuters) – McDonald’s Holdings Co (Japan) said it halted sales of all products that use chicken meat that originates in China on Friday, switching its sourcing completely to Thailand.
Vodafone revenue dragged lower by Spain and South Africa in first quarter
LONDON (Reuters) – Vodafone received no relief from tough market conditions in the first quarter, with a slowdown in Spain and South Africa resulting in another heavy drop in its key revenue measure.
PetroChina reconsiders sale of natural gas pipeline assets: sources
BEIJING/HONG KONG (Reuters) – PetroChina is reconsidering a plan to auction off its multi-billion dollar natural gas pipeline unit, and could instead sell it to an affiliate, three people who were briefed on the matter by the Chinese energy giant told …
Sluggish Latin American results show risks for U.S. companies
(Reuters) – U.S. companies are reporting sluggish financial results in Latin America, showing the risks they face in relying on Brazil and other emerging markets in the region for growth.
Amazon’s heavy investing eats into bottom line, shares drop
SAN FRANCISCO (Reuters) – Amazon.com Inc posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics.
Exclusive: China meat supplier faced claims last year over unethical work practices
SHANGHAI (Reuters) – Shanghai Husi Food, the U.S.-owned Chinese food supplier at the center of a meat safety scandal, won a court case earlier this year against a former quality control officer whose claims included that he was made to forge meat produ…
Argentine debt mediator says time running short for deal
NEW YORK (Reuters) – Less than a week before Argentina could default on its sovereign bonds, the government and holdout creditors have yet to meet face-to-face despite an urgent plea from the U.S. court-appointed mediator on Thursday that they start di…
U.S. judge says she is troubled by Apple $450 million e-books deal
NEW YORK (Reuters) – A U.S. judge on Thursday expressed concern over a proposed $450 million settlement of claims Apple Inc conspired with five publishers to fix e-book prices, saying its provisions could drastically reduce money paid to consumers depe…
