NFL considers selling some Thursday night games: exec
LOS ANGELES/NEW YORK (Reuters) – The National Football League is studying whether to auction the media rights for a new slate of regular-season games, a process that has ignited fierce bidding wars in the past for a deal to broadcast the hugely popular…
Samsung Elec shares rise 2 percent after third-quarter earnings boost outlook
SEOUL (Reuters) – Shares in Samsung Electronics rose 2 percent on Monday, driven by expectations that the South Korean technology giant will continue to post solid earnings after its record-high profit in the July to September period, analysts said.
KKR to invest $100 million to build wireless infrastructure: WSJ
(Reuters) – U.S. private equity firm KKR & Co will invest $100 million alongside investment firm Associated Partners LP to build wireless communications infrastructure, the Wall Street Journal reported, citing people familiar with the matter.
Analysis: Bank of America verdict spotlights U.S. focus on civil cases
NEW YORK/WASHINGTON (Reuters) – The U.S. Department of Justice appeared to have struck gold last week with the law it wielded against one of the nation’s largest banks over conduct that fueled the financial crisis.
Insight: Delays, clashes hinder attempts to salvage Batista’s OGX
SAO PAULO/RIO DE JANEIRO/NEW YORK (Reuters) – Attempts to save Eike Batista’s flagship oil company, the business most responsible for the meltdown of his once high-flying industrial empire, have been hampered by internal conflict and unpredictable deci…
LG Electronics unveils curved smartphone in race against Samsung
SEOUL (Reuters) – South Korea’s LG Electronics Inc unveiled a curved smartphone on Monday in a move to catch up bigger rival Samsung Electronics Co.
Japan’s Mizuho likely to escape serious penalty over mob loans
TOKYO (Reuters) – Mizuho Financial Group looks likely to escape serious penalty in a loans-to-mobsters scandal after an outside panel said on Monday that Japan’s second-biggest bank by assets did not intentionally try to hide the shady lending from inv…
Shareholders may sue Treasury Wine over U.S. inventory impairment
SYDNEY (Reuters) – Australia’s Treasury Wine Estates Ltd is facing a potential class action lawsuit from shareholders over the ditching of aged U.S. inventory after litigation firm IMF Australia Ltd proposed funding the proceedings.
Analysis: From Big Foot to Bluto, Gulf of Mexico set for record oil supply surge
CORPUS CHRISTI, Texas (Reuters) – The Gulf of Mexico, stung by the worst offshore oil spill in U.S. history in 2010 and then overshadowed by the onshore fracking boom, is on the verge of its biggest supply surge ever, adding to the American oil renaiss…
Macquarie eyes a slice of Australian banks’ home mortgage pie
SYDNEY (Reuters) – Australia’s largest investment bank Macquarie Group Ltd is pushing rapidly into home mortgages, threatening to disrupt a highly profitable segment of the banking industry long dominated by the country’s top four lenders.
