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NEW YORK (Reuters) - Tribune Co is close to an agreement to sell its Newsday newspaper to Cablevision Systems Corp and an announcement could come as early as Monday, a source familiar with the situation said on Sunday.
3:00 hrs ago
CALGARY, Alberta (Reuters) - 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.
13 hrs ago
ABU DHABI (Reuters) - Mubadala Development Co, an Abu Dhabiinvestment arm which manages over $10 billion in assets, saidon Sunday it will develop an offshore island into a newbusiness district that would house the stock exchange.
14 hrs ago
TOKYO (Reuters) - 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.
17 hrs ago
BEIJING (Reuters) - 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.
1 day ago
NEW YORK (Reuters) - Rupert Murdoch\'s News Corp 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 ...
1 day ago
LONDON (Reuters) - Oil major Royal Dutch Shell has pulled out of a planned gas project in Iran, after coming under pressure not to participate from U.S. lawmakers who were concerned about Iran\'s nuclear programme.
1 day ago
NEW YORK (Reuters) - Oil jumped to a record above $126 a barrel on Friday, extending gains to more than 11 percent since the start of the month on fuel supply concerns and a rush of speculator buying.