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Member 81
EnCana to split in two with oil at record highs (Reuters)
12-05-2008 06h17Reuters - EnCana Corp , Canada's biggest energy company, said on Sunday it plans to split into two separate oil and natural gas firms in an effort to wring out more value with crude prices at record highs.
Cablevision near deal to buy Newsday: report (Reuters)
12-05-2008 05h02Reuters - Tribune Co is close to a deal to sell Newsday to Cablevision Systems Corp for $650 million, the Long Island paper reported on its website on Sunday, citing people familiar with the negotiations.
Citigroup eyes selling Japan consumer unit: paper (Reuters)
11-05-2008 14h26Reuters - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday.
China forms company to make regional, jumbo jets (Reuters)
11-05-2008 16h03Reuters - China has established a company to build regional commercial jets, with an eye to eventually reducing the country's reliance on Boeing and Airbus for jumbo jets, official media said on Sunday.
News Corp unexpectedly drops bid for Newsday (Reuters)
11-05-2008 04h05Reuters - Rupert Murdoch's News Corp (NWSa.N) on Saturday dropped its $580 million bid for Tribune Co's Newsday newspaper, just days after Murdoch said a deal was imminent, leaving cable television operator Cablevision as the likely winner of the Long Island daily.
March trade deficit drops by bigger-than-expected amount (AP)
10-05-2008 19h56AP - The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending. Analysts forecast that trade would continue to be one of the economy's few bright spots this year.
Citigroup eyes selling Japan consumer unit: paper (Reuters)
11-05-2008 14h26Reuters - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday.
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