MUFG plans $4.1 billion buy of Thai Bank of Ayudhya: sources
TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group (MUFG) is in advanced talks to acquire a majority stake in Bank of Ayudhya Pcl , Thailand’s fifth-largest lender, in a deal worth over $4 billion, sources familiar with the matter said on Saturda…
Europe unable to break impasse on who pays when banks fail
LUXEMBOURG (Reuters) – Europe failed to agree on how to share the cost of bank collapses on Saturday, as Germany resisted attempts by France to water down rules designed to spare taxpayers in future crises.
Oracle’s Ellison may be interested in second Hawaiian airline
HONOLULU (Reuters) – Billionaire Oracle CEO Larry Ellison may be interested in acquiring a second Hawaii airline after he bought most of the tropical island of Lanai last year.
Starbucks to raise some cafe drink prices in U.S
NEW YORK (Reuters) – Starbucks Corp will increase the price of some of its beverages in U.S. company-operated cafes by as much as 10 cents, the first price change in up to two years, a spokeswoman said on Friday.
Wall St. Week Ahead: Stocks face more hurdles after Fed turbulence
NEW YORK (Reuters) – Bargain-hunters beware! Wall Street’s 2 percent weekly fall may not be the buying opportunity for stocks that it might seem.
Jefferies readies loans for Icahn’s Dell bid: sources
(Reuters) – Jefferies & Co will provide $5.2 billion in term loans to back Carl Icahn’s bid for computer manufacturer Dell Inc, sources told Thomson Reuters LPC.
Obama to nominate McSweeny to Federal Trade Commission
WASHINGTON (Reuters) – President Barack Obama plans to nominate Terrell McSweeny, a veteran of Vice President Joe Biden’s staff, to be a commissioner on the Federal Trade Commission, the White House said on Friday.
Former Enron CEO Skilling’s sentence cut to 14 years
HOUSTON (Reuters) – A federal judge slashed 10 years off of his prison sentence of former Enron Corp Chief Executive Jeffrey Skilling on Friday, a decision that could set him free as early as 2017.
AIG extends deadline for consortium to buy aircraft-leasing unit
(Reuters) – American International Group’s unit extended the date for a Chinese consortium to get regulatory approvals to buy the airplane-leasing business till July 31.
Apple CEO’s stock grant now subject to share performance
SAN FRANCISCO (Reuters) – Apple Inc> Chief Executive Tim Cook’s one-time stock award worth over $413 million as of Friday is now partly subject to the performance of the shares, a move that followed discussions with the company’s largest shareholder…
