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M&A

Banking M&A to Heat Up in 2011: Analysts

The merger and acquisition activity in the banking sector is expected to pick up in 2011 as banks are expected to face several revenue growth headwinds in the coming days.

Twitter attracts JP Morgan investment

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JP Morgan follows Goldman Sachs dive into social networking territory, as it is in talks of acquiring a 10 percent minority stake in micro blogging site Twitter.
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Global mining M&A set to accelerate in 2011: report

Merger and acquisitions activity in the global mining sector is expected to accelerate in 2011, fueled by strong commodity prices and repaired balance sheets, advisory and accountancy firm Ernst & Young said on Wednesday.
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East Timorese sit at a port during sunset in Dili

Travel Postcard: 48 Hours in Dili, East Timor

Dili is the capital of East Timor or Timor Leste, one of the world's newest nations, and is slowly beginning to attract tourists nearly nine years after gaining independence. Reuters correspondents with local knowledge help you get the most out of a short stay.
An interior of Big Lots store

Big Lots Sale Appears Possible: Analyst

Benchmark Capital said the sale of retailer Big Lots (NYSE: BIG) appears possible and private equity buyers could target the company, after Bloomberg reported that Big Lots is exploring strategic options.
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Stock futures edge up as M&A tempers Egypt worry

U.S. stock index futures edged higher on Monday as merger activity and expectations for solid earnings overshadowed concerns about the possible spread of unrest in Egypt to other parts of the Middle East.
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Green group accuses Apple of lax supplier oversight

iPhone maker Apple was criticized by Chinese green groups for lax corporate oversight of its suppliers in China, leading to poor environmental and work safety standards that poisoned dozens of factory workers.
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Africa M&A surges to record $44 bln in 2010

Mergers and acquisitions activity in sub-Saharan Africa surged to a record $44 billion in 2010, double the value of a year earlier, Thomson Reuters data showed on Wednesday.

Haitians remember 2010 quake, seek way out of hell

Haitians, many dressed in white in mourning, honoured victims of the devastating 2010 earthquake on Wednesday in a sombre anniversary clouded by pessimism over slow reconstruction and political uncertainty.

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