http://www.mail.com/subjects/12198-ownership-changes.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.23/img/mailcom_logo_rss.png http://www.mail.com/subjects/12198-ownership-changes.html http://www.mail.com/news/world/1861042-33-die-mexico-oil-company-office-building-blast.html MEXICO CITY (AP) — A blast that collapsed the lower floors of a building in the headquarters of Mexico's state-owned oil company, crushing at least 33 people beneath tons of rubble and injuring 121, is being looked at as an accident although all lines of investigation remain open, the head of Petroleos Mexicanos said Friday. As hundreds of emergency worke... Fri, 01 Feb 2013 23:28:00 GMT http://www.mail.com/news/world/1861042-33-die-mexico-oil-company-office-building-blast.html 2013-02-01T23:28:00Z http://www.mail.com/business/markets/1861120-dutch-nationalizes-sns-reaal-bank.html AMSTERDAM (AP) — The Netherlands nationalized its fourth-largest bank on Friday, injecting €2.2 billion ($3 billion) to recapitalize SNS Reaal NV and head off any chance of a messy collapse that would threaten the country's fragile economy and financial system. The total cost to the Dutch government will be at least €3.7 billion, Finance Minister Jeroen D... Fri, 01 Feb 2013 14:17:00 GMT http://www.mail.com/business/markets/1861120-dutch-nationalizes-sns-reaal-bank.html 2013-02-01T14:17:00Z http://www.mail.com/business/markets/1861490-metlife-to-spend-2-billion-pension-business.html NEW YORK (AP) — MetLife Inc. plans to pay about $2 billion to buy the largest private pension fund administrator in Chile, as the insurer and annuity provider seeks to build its presence in emerging markets. The New York company said Friday it will conduct a public cash tender offer for all shares of AFP Provida SA. The bank BBVA has agreed to transfer it... Fri, 01 Feb 2013 11:12:00 GMT http://www.mail.com/business/markets/1861490-metlife-to-spend-2-billion-pension-business.html 2013-02-01T11:12:00Z http://www.mail.com/news/politics/1859302-us-challenges-deal-to-merge-budweiser-corona.html WASHINGTON (AP) — The Justice Department filed a lawsuit Thursday to stop Anheuser-Busch InBev's proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which would unite the ownership of popular beers like Budweiser and Corona. The government said the deal could lead to higher beer prices in this country because it would substantially reduce comp... Thu, 31 Jan 2013 17:32:00 GMT http://www.mail.com/news/politics/1859302-us-challenges-deal-to-merge-budweiser-corona.html 2013-01-31T17:32:00Z http://www.mail.com/business/economy/1855948-kinder-morgan-energy-buying-copano-32b.html HOUSTON (AP) — Kinder Morgan Energy Partners will acquire the natural gas company Copano Energy LLC for about $3.2 billion in stock, giving the energy transportation and storage company more access to oil and gas-rich territory in Texas, Wyoming and Oklahoma. Including the assumption of debt, the deal is valued at around $5 billion. Copano largely serves ... Wed, 30 Jan 2013 11:13:00 GMT http://www.mail.com/business/economy/1855948-kinder-morgan-energy-buying-copano-32b.html 2013-01-30T11:13:00Z http://www.mail.com/business/economy/1855884-eu-turns-ups-acquisition-tnt.html BRUSSELS (AP) — The European Union's antitrust chief on Wednesday rejected a $6.9 billion deal for UPS to acquire Dutch delivery company TNT Express and said he was surprised the U.S. group jettisoned the venture when there was still hope for a solution. Antitrust Commissioner Joaquin Almunia said that European businesses "would have been directly harmed"... Wed, 30 Jan 2013 11:09:00 GMT http://www.mail.com/business/economy/1855884-eu-turns-ups-acquisition-tnt.html 2013-01-30T11:09:00Z http://www.mail.com/business/markets/1854858-italian-bank-official-nationalization.html MILAN (AP) — The chairman of embattled Italian bank Monte dei Paschi says nationalizing the world's oldest running bank remains "potentially" possible — but emphasized managers' commitment to avoid that outcome. Alessandro Profumo told RAI state television Tuesday evening that the bank's reorganization plan should ensure that it can repay €3.9 billion ($5... Tue, 29 Jan 2013 21:06:00 GMT http://www.mail.com/business/markets/1854858-italian-bank-official-nationalization.html 2013-01-29T21:06:00Z http://www.mail.com/business/economy/1853410-6-police-injured-fight-with-steel-workers.html BRUSSELS (AP) — Six Belgian police officers were injured in Tuesday's scuffles with some 2,000 steel workers protesting plans to lay off 1,300 workers at several ArcelorMittal plants in Liege. Workers attempting to get close to the regional government offices in southern Namur threw bricks at police, who responded with tear gas and water cannon. Police sa... Tue, 29 Jan 2013 15:10:00 GMT http://www.mail.com/business/economy/1853410-6-police-injured-fight-with-steel-workers.html 2013-01-29T15:10:00Z http://www.mail.com/business/markets/1849578-washington-proposal-to-sell-naming-rights.html OLYMPIA, Wash. (AP) — As many state and local governments across the nation deal with the aftermath of severe budget cuts prompted by the Great Recession, a Washington state lawmaker has put forth a plan to increase revenue without raising taxes: Allow the sale of naming rights to publicly owned facilities. "I'm trying to think out of the box and come up ... Sun, 27 Jan 2013 17:37:00 GMT http://www.mail.com/business/markets/1849578-washington-proposal-to-sell-naming-rights.html 2013-01-27T17:37:00Z http://www.mail.com/business/economy/1845416-portugal-postpones-sale-public-broadcaster.html LISBON, Portugal (AP) — Portugal's government is postponing its planned privatization of the public broadcaster after complaints from private channels that the advertising market isn't big enough for another competitor. Parliamentary Affairs Minister Miguel Relvas said late Thursday the planned sale of all or part of Radiotelevisao Portuguesa will take pl... Fri, 25 Jan 2013 10:04:00 GMT http://www.mail.com/business/economy/1845416-portugal-postpones-sale-public-broadcaster.html 2013-01-25T10:04:00Z http://www.mail.com/business/markets/1840148-kuwait-lawmakers-clear-airline-privatization-plan.html KUWAIT CITY (AP) — Kuwait's parliament has approved a privatization plan for the struggling flagship carrier Kuwait Airways that includes a special government-appointed panel to oversee the transition. But Wednesday's report by the official Kuwait News Agency gives no timetable on opening the carrier to outside investors. A preliminary draft earlier this ... Wed, 23 Jan 2013 12:53:00 GMT http://www.mail.com/business/markets/1840148-kuwait-lawmakers-clear-airline-privatization-plan.html 2013-01-23T12:53:00Z http://www.mail.com/sports/basketball/1839274-mayor-kj-tells-seattle-dont-celebrate-too-early.html SACRAMENTO, Calif. (AP) — Sacramento Mayor Kevin Johnson had a stern warning for Seattle SuperSonics fans who are excited about the prospect of the NBA returning to the Puget Sound next season. "Don't celebrate too early," he said. In front of a cheering City Hall crowd filled with fans and public officials Tuesday, Johnson introduced the first part of hi... Wed, 23 Jan 2013 03:57:00 GMT http://www.mail.com/sports/basketball/1839274-mayor-kj-tells-seattle-dont-celebrate-too-early.html 2013-01-23T03:57:00Z http://www.mail.com/business/economy/1837474-att-to-buy-alltel-operations-780m.html DALLAS (AP) — AT&T Inc. said Tuesday that it has reached a deal to buy remnants of the Alltel wireless network for about $780 million to boost its spectrum holdings in rural areas. The Dallas-based phone company is buying the licenses, retail stores and network assets, along with about 585,000 subscribers, from Atlantic Tele-Network Inc. The news sent the... Tue, 22 Jan 2013 19:46:00 GMT http://www.mail.com/business/economy/1837474-att-to-buy-alltel-operations-780m.html 2013-01-22T19:46:00Z http://www.mail.com/business/markets/1837126-cyprus-insists-privatizations-bailout.html NICOSIA, Cyprus (AP) — Cyprus insists it will resist privatizing state-owned companies, even if its public debt burden is deemed too heavy to bear once it receives an international bailout package. Cyprus is negotiating a bailout of as much as €17 billion ($22.65 billion) — roughly equivalent to its annual economic output — with the so-called 'troika' of ... Tue, 22 Jan 2013 15:24:00 GMT http://www.mail.com/business/markets/1837126-cyprus-insists-privatizations-bailout.html 2013-01-22T15:24:00Z http://www.mail.com/business/economy/1830992-uks-stansted-airport-sold-238-billion.html LONDON (AP) — The company that owns London's Stansted airport says it is selling it to the Manchester Airports Group for 1.5 billion pounds ($2.38 billion.) Airport operator Heathrow Airport Holdings, formerly known as BAA, had to sell Stansted and other airports after British competition authorities ruled that it had an unfair market advantage over rival... Fri, 18 Jan 2013 21:01:00 GMT http://www.mail.com/business/economy/1830992-uks-stansted-airport-sold-238-billion.html 2013-01-18T21:01:00Z http://www.mail.com/business/economy/1826518-rio-tinto-ceo-departs-14bn-write-down.html LONDON (AP) — The chief executive of mining giant Rio Tinto PLC and another senior executive are stepping down immediately after the company announced a $14 billion write-down from its aluminum business and an acquisition of a coal company in Mozambique. CEO Tom Albanese and Doug Ritchie, who led the Mozambique acquisition, were stepping down "by mutual c... Thu, 17 Jan 2013 11:59:00 GMT http://www.mail.com/business/economy/1826518-rio-tinto-ceo-departs-14bn-write-down.html 2013-01-17T11:59:00Z http://www.mail.com/business/markets/1822264-cypriot-central-bank-chief-rules-debt-haircut.html NICOSIA, Cyprus (AP) — Cyprus' central bank chief has ruled out writing down the government's debt as part of an international bailout currently being negotiated, insisting any such move would undermine investor confidence in the country and the wider eurozone. Panicos Demetriades said Tuesday that talk of a Cypriot debt writedown — or 'haircut' — similar... Tue, 15 Jan 2013 18:26:00 GMT http://www.mail.com/business/markets/1822264-cypriot-central-bank-chief-rules-debt-haircut.html 2013-01-15T18:26:00Z http://www.mail.com/business/economy/1819874-ups-abandons-69-billion-deal-tnt-express.html UPS scrapped plans to grow in Europe through the acquisition of Dutch delivery company TNT Express because European regulators were getting ready to reject the $6.9 billion deal. It would have been the largest acquisition in UPS history. UPS had offered in March to buy TNT, Europe's second-largest delivery company, to better compete with Europe's largest,... Mon, 14 Jan 2013 22:07:00 GMT http://www.mail.com/business/economy/1819874-ups-abandons-69-billion-deal-tnt-express.html 2013-01-14T22:07:00Z http://www.mail.com/business/economy/1818982-swatch-1-billion-deal-harry-winston-brand.html GENEVA (AP) — Switzerland's biggest watch maker, Swatch Group AG, will pay about $1 billion to acquire Canada's Harry Winston watch and jewelry brand, officials from both companies said Monday. The Biel, Switzerland-based company has agreed to pay $750 million to acquire the brand from Toronto-based Harry Winston Diamond Corp. and will also assume as much... Mon, 14 Jan 2013 14:53:00 GMT http://www.mail.com/business/economy/1818982-swatch-1-billion-deal-harry-winston-brand.html 2013-01-14T14:53:00Z http://www.mail.com/business/economy/1819334-corporate-deals-eu-ruled.html United Parcel Service Inc. has walked away from a proposed $6.9 billion takeover of the Netherlands TNT Express NV, claiming European Commission regulators had demanded too many concessions for the deal to remain viable. The Commission, the executive arm of the 27 EU countries, reviews major corporate mergers and acquisitions to ensure they do not hurt fa... Mon, 14 Jan 2013 13:39:00 GMT http://www.mail.com/business/economy/1819334-corporate-deals-eu-ruled.html 2013-01-14T13:39:00Z http://www.mail.com/business/economy/1817042-ford-ceo-luxury-market-room-lincoln.html DEARBORN, Mich. (AP) — Ford thinks the luxury car market is missing something. Luxury buyers sobered up during the recession, the company reckons, and they now find German brands to pricey, Cadillac too showy and Japanese brands too boring. Ford hopes its Lincoln brand will fill a hole: premium but moderately-priced, elegant but not ostentatious, sporty b... Sun, 13 Jan 2013 05:53:00 GMT http://www.mail.com/business/economy/1817042-ford-ceo-luxury-market-room-lincoln.html 2013-01-13T05:53:00Z http://www.mail.com/business/economy/1807602-dish-network-515b-bid-clearwire.html NEW YORK (AP) — Satellite TV provider Dish Network is offering to buy wireless network operator Clearwire — which agreed to sell itself to Sprint in December — for $3.30 per share, or $5.15 billion. Clearwire Corp. said it will discuss the unsolicited offer with Dish. However Sprint, which owns 51 percent of Clearwire, said it would have to sign off on Di... Tue, 08 Jan 2013 22:51:00 GMT http://www.mail.com/business/economy/1807602-dish-network-515b-bid-clearwire.html 2013-01-08T22:51:00Z http://www.mail.com/business/economy/1807342-amr-board-to-study-merger-option.html DALLAS (AP) — Directors of American Airlines' parent company likely won't make a decision when they meet Wednesday to consider a possible merger with US Airways, even as momentum for a deal is building. Investors have been bidding up US Airways' stock price, and leaders of the two pilot unions agree on how to combine contracts, two developments that analy... Tue, 08 Jan 2013 22:06:00 GMT http://www.mail.com/business/economy/1807342-amr-board-to-study-merger-option.html 2013-01-08T22:06:00Z http://www.mail.com/business/economy/1806594-lampert-faces-tough-road-sears-ceo.html NEW YORK (AP) — Shares of Sears Holdings Corp. fell Tuesday, a day after the retailer announced that chairman and hedge fund billionaire Edward Lampert will take over the role of CEO. The investor queasiness came even as the Hoffman Estates, Ill.-based company offered an update on holiday sales that showed some improvements at its Sears stores. Overall, t... Tue, 08 Jan 2013 20:22:00 GMT http://www.mail.com/business/economy/1806594-lampert-faces-tough-road-sears-ceo.html 2013-01-08T20:22:00Z http://www.mail.com/business/economy/1803770-bank-america-mortgage-claims-settlement.html NEW YORK (AP) — Bank of America reached an $11.6 billion settlement with government mortgage agency Fannie Mae to settle claims resulting from mortgage-backed investments that soured during the housing crash, bringing it a step closer to clearing up its legacy of bad home loans. Under the deal announced Monday, Bank of America will pay $3.6 billion in cas... Mon, 07 Jan 2013 19:51:00 GMT http://www.mail.com/business/economy/1803770-bank-america-mortgage-claims-settlement.html 2013-01-07T19:51:00Z http://www.mail.com/business/economy/1801634-wsj-hostess-talks-to-sell-bread-brands.html NEW YORK (AP) — The makers of Thomas' English muffins and Tastykake snacks are emerging as the two of the bidders for Wonder Bread and other Hostess bread brands as the company tries to sell off its assets under bankruptcy-court oversight, a newspaper reported Saturday. The Wall Street Journal said Hostess Brands Inc. could reveal as early as next week th... Sat, 05 Jan 2013 20:43:00 GMT http://www.mail.com/business/economy/1801634-wsj-hostess-talks-to-sell-bread-brands.html 2013-01-05T20:43:00Z http://www.mail.com/news/politics/1800684-senators-coal-exports-skirt-royalties.html BILLINGS, Mont. (AP) — Lawmakers asked the U.S. Department of Interior on Friday to review whether companies are shortchanging federal and state governments out of millions of dollars in royalties on coal exported to foreign markets. The request from Oregon Sen. Ron Wyden and Alaska Sen. Lisa Murkowski comes as U.S. coal exports hit record levels last yea... Sat, 05 Jan 2013 01:58:00 GMT http://www.mail.com/news/politics/1800684-senators-coal-exports-skirt-royalties.html 2013-01-05T01:58:00Z http://www.mail.com/business/markets/1795312-cyprus-president-privatization-bailout-deal.html NICOSIA, Cyprus (AP) — Cyprus' president said Wednesday he would refuse any request by international lenders to sell off state-owned companies as part of a finalized agreement to bail out the crisis-hit country. A draft of the bailout deal by the rescue creditors — the European Commission, the European Central Bank and the International Monetary Fund — sa... Wed, 02 Jan 2013 13:42:00 GMT http://www.mail.com/business/markets/1795312-cyprus-president-privatization-bailout-deal.html 2013-01-02T13:42:00Z http://www.mail.com/business/economy/1790748-china-firm-to-acquire-major-african-iron-ore-mine.html BEIJING (AP) — A privately owned Chinese company is finalizing the acquisition of an Australian mining firm that controls a major iron ore mine in west Africa, a move that would give China a stronger role in setting global iron ore prices, China's official Xinhua News Agency reported Saturday. Xinhua, citing officials from Hanlong Group, said Hanlong plan... Sat, 29 Dec 2012 05:05:00 GMT http://www.mail.com/business/economy/1790748-china-firm-to-acquire-major-african-iron-ore-mine.html 2012-12-29T05:05:00Z