Softbank closer to acquiring Sprint after Dish abandons bid for now
TOKYO/NEW YORK (Reuters) – Japan’s SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week.
Asia business sentiment rises in second quarter, global growth risk still dominates
SEOUL (Reuters) – Asia’s top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey s…
EADS sticks to defense business, mulls options: CEO
FRANKFURT (Reuters) – EADS has no plans to give up its defense business but is open to seeking alternatives for parts of it, Chief Executive Tom Enders told a German newspaper.
Revision of Cypriot bailout terms not likely: euro zone officials
BRUSSELS (Reuters) – The euro zone does not intend to change the terms of Cyprus’s bailout as requested by Cypriot President Nicos Anastasiades in a letter sent to euro zone leaders and its lenders, three senior euro zone officials said on Wednesday.
Smithfield CEO could make about $46.6 million from Shuanghui deal
(Reuters) – Smithfield Foods Inc Chief Executive Larry Pope could receive nearly $46.6 million in merger-related payments as part of a planned takeover by China’s Shuanghui International, a securities filing showed.
Empire State Building gets ‘left-field’ $2 billion offer to sell
NEW YORK (Reuters) – A New York City real estate company offered to buy the Empire State Building for $2 billion, a written offer showed, significantly below the skyscraper’s appraisal price and about three weeks after investors in the iconic building …
Mexican oil producer Pemex evacuates headquarters after bomb threat
MEXICO CITY (Reuters) – Mexico’s state oil producer, Pemex, said on Tuesday it had evacuated its Mexico City headquarters, the site of a deadly explosion in January, after a bomb threat.
GM aims for 10 percent of China’s luxury car market by 2020
SHANGHAI (Reuters) – General Motors Co said on Wednesday it aims to quadruple its share of China’s luxury auto market to 10 percent by 2020 as the U.S. automaker launches new Cadillac models and expands its distribution network in the world’s largest c…
United Dreamliner diverted due to possible oil filter problem
SEATTLE (Reuters) – United Airlines said on Tuesday that a Boeing Co 787 on its way to Tokyo from Denver was diverted to Seattle after an indication of a problem with an oil filter, but the plane landed without incident.
Adobe expects third-quarter Creative Cloud subscriber adds to exceed second-quarter
(Reuters) – Adobe Systems Inc, known for its Photoshop and Acrobat software, reported a higher-than-expected adjusted second-quarter profit and said demand rose for Creative Cloud, the subscription-based version of its flagship software package.
