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33 die in Mexico oil company office building blast
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 ...
Dutch state nationalizes SNS Reaal bank
The Netherlands nationalized its fourth-largest bank on Friday, injecting €2.2 billion ($3 billion) to recapitalize SNS Reaal NV and head off any ...
MetLife to spend $2 billion on pension business
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 ...
US challenges deal to merge Budweiser and Corona
The Justice Department filed a lawsuit Thursday to stop Anheuser-Busch InBev's proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which ...
Kinder Morgan Energy buying Copano for $3.2B
Kinder Morgan Energy Partners will acquire the natural gas company Copano Energy LLC for about $3.2 billion in stock, giving the energy transportation ...
EU turns down UPS acquisition of TNT
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 ...
Italian bank official: Nationalization is possible
The chairman of embattled Italian bank Monte dei Paschi says nationalizing the world's oldest running bank remains "potentially" possible — but ...
6 police injured in fight with steel workers
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 ...
In Washington, a proposal to sell naming rights
As many state and local governments across the nation deal with the aftermath of severe budget cuts prompted by the Great Recession, a Washington ...
Portugal postpones sale of public broadcaster
Portugal's government is postponing its planned privatization of the public broadcaster after complaints from private channels that the advertising ...
Kuwait lawmakers clear airline privatization plan
Kuwait's parliament has approved a privatization plan for the struggling flagship carrier Kuwait Airways that includes a special government-appointed ...
Mayor KJ tells Seattle 'don't celebrate too early'
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 ...
AT&T to buy Alltel operations for about $780M
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 ...
Cyprus insists against privatizations in bailout
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 ...
UK's Stansted airport being sold for $2.38 billion
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 ...
Rio Tinto CEO departs after $14BN write-down
The chief executive of mining giant Rio Tinto PLC and another senior executive are stepping down immediately after the company announced a $14 billion ...
Cypriot central bank chief rules out debt haircut
Cyprus' central bank chief has ruled out writing down the government's debt as part of an international bailout currently being negotiated, insisting ...
UPS abandons $6.9 billion deal for TNT Express
UPS scrapped plans to grow in Europe through the acquisition of Dutch delivery company TNT Express because European regulators were getting ready to ...
Swatch in $1 billion deal for Harry Winston brand
Switzerland's biggest watch maker, Swatch Group AG, will pay about $1 billion to acquire Canada's Harry Winston watch and jewelry brand, officials ...
A look at corporate deals the EU has ruled on
United Parcel Service Inc. has walked away from a proposed $6.9 billion takeover of the Netherlands TNT Express NV, claiming European Commission ...
Ford CEO: Luxury market has room for Lincoln
Ford thinks the luxury car market is missing something. Luxury buyers sobered up during the recession, the company reckons, and they now find German ...
Dish Network makes $5.15B bid for Clearwire
Satellite TV provider Dish Network is offering to buy wireless network operator Clearwire — which agreed to sell itself to Sprint in December — for $3
AMR board to study merger option
Directors of American Airlines' parent company likely won't make a decision when they meet Wednesday to consider a possible merger with US Airways, ...
Lampert faces tough road as Sears CEO
Shares of Sears Holdings Corp. fell Tuesday, a day after the retailer announced that chairman and hedge fund billionaire Edward Lampert will take over ...