Exclusive: Argentina, Repsol to sign $5 billion YPF deal – source
LONDON (Reuters) – Argentina and Repsol SA will sign a definitive $5 billion settlement over the seizure of YPF SA within days, a source involved in the talks said on Thursday, ending a bitter two-year bilateral dispute.
Mexico billionaire Carlos Slim tightens grip on America Movil
MEXICO CITY (Reuters) – Mexican billionaire Carlos Slim, who already controls America Movil, tightened his grip slightly on Latin America’s biggest phone company, according to a U.S. regulatory filing on Thursday that shows two companies controlled by …
Comcast filings with regulators expected at end of March
WASHINGTON (Reuters) – Comcast Corp said on Thursday it plans to submit documents on its proposed $45 billion takeover of Time Warner Cable Inc to U.S. regulators by the end of March, when antitrust and public interest reviews will be launched.
Deal with activists lets JPMorgan avoid battle over chairman
(Reuters) – A deal with shareholder activists outlined by JPMorgan Chase & Co on Thursday will allow the bank to avoid another battle at its spring shareholder meeting over whether the firm should have an independent chairman.
HP reins in revenue slide as turnaround progresses
SAN FRANCISCO (Reuters) – Hewlett Packard Co’s revenue fell less than Wall Street expected in the first quarter and it raised its outlook for fiscal 2014 earnings as the computing giant grew sales at its two largest businesses and again signaled a bett…
RBS to retrench in investment banking, cut 30,000 jobs: FT
(Reuters) – Royal Bank of Scotland is expected to announce its withdrawal from many investment banking activities as well as much of its international business in a move that is expected to reduce staff numbers by at least 30,000 over the next three to…
Herbalife executives head to DC to explain business model
BOSTON (Reuters) – Herbalife executives will meet with U.S. lawmakers’ staffs in Washington on Friday to explain the business model of the nutrition company that has been fending off accusations by billionaire investor William Ackman that it is running…
Exclusive: Argentina, Repsol to sign $5 billion settlement deal – source
LONDON (Reuters) – Argentina and Repsol will sign a definitive $5 billion settlement over the 2012 nationalization of the Spanish oil firm’s majority stake in Argentine energy group YPF within days, a source involved in the talks said on Thursday.
GM’s new China head aims for 2014 sales rise of up to 10 percent
SHANGHAI (Reuters) – General Motors Co plans to boost China sales this year by as much as 10 percent and keep pace with the country’s overall auto market for the rest of the decade, the new chief of the company’s China operations said in an interview.
Wall St. rises on factory data; Tesla and Facebook jump
NEW YORK (Reuters) – Stocks climbed on Thursday after a reading on manufacturing activity hit its highest in nearly four years, while news about Facebook and Tesla drove their shares to record highs.
