HONG KONG (Reuters) - China Mobile will pay $5.8 billion for 20 percent of Shanghai Pudong Development Bank the company said on Wednesday, a move it hopes will help it dominate the country's nascent mobile e-commerce market.
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China Mobile to pay $5.8 bln for Pudong Bank stake
http://feeds.reuters.com/~r/reuters/dealsNews/~3/qzWbWcbqZvc/idUSTRE62929N20100310
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Kabel Deutschland sets price on $1 billion IPO
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FRANKFURT/LONDON (Reuters) - Owners of Kabel Deutschland (KDG) aim to raise as much as 765 million euros ($1 billion) after setting a price range for the planned initial public offering for the top German cable TV operator.
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Top Goldman partner Hu to launch China fund: sources
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BEIJING/SHANGHAI (Reuters) - Fred Hu, a high-profile Chinese dealmaker is stepping down as a partner of Goldman Sachs , according to an internal memo, as sources said he plans to launch a new private equity fund.
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Ex-ITV boss takes over at EMI Music as CEO goes
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LONDON, March 10 (Reuters) - EMI Music, which is seeking new funds to avoid breaching debt covenants, said Chief Executive Elio Leoni-Sceti would step down shortly, just a month after he was tasked with finding a new business plan.
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Gates to discuss Iran pressure during Saudi visit
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RIYADH (Reuters) - Defense Secretary Robert Gates arrived in Saudi Arabia on Wednesday to discuss efforts to put pressure on Iran, stabilize Yemen and to urge the Saudis to engage with Iraq ahead of the U.S. withdrawal.
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First Iraq vote results expected by Thursday: U.N.
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BAGHDAD (Reuters) - Preliminary results of Iraq's parliamentary election, a vote seen as a litmus test of its young democracy, are likely to be released by Thursday, a United Nations official said Wednesday.
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Home loan demand nudge higher in latest week
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NEW YORK (Reuters) - U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.
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Libya accepts U.S. apology over diplomatic row
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TRIPOLI (Reuters) - Libya signaled the end of a diplomatic row with the United States on Wednesday, saying it accepted an apology for acerbic comments made by a U.S. official and wanted to deepen relations in all fields.
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High stakes in China's big dig
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SHENYANG, China (Reuters) - In a tunnel deep beneath Shenyang's busy streets, Lu Ze flicked a switch and a lone light bulb revealed a cluttered concrete floor.
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5 Hours, 16 Minutes ago | Comments »