BHP could add cash to Rio bid

May 13, 2008 on 10:42 pm | In Business News | No Comments

SYDNEY (Reuters) - BHP Billiton was not ruling out adding cash to its all-share hostile offer for rival Rio Tinto , Chief Executive Marius Kloppers told broadcaster CNBC.

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BHP could add cash to Rio bid

E-Land in talk to sell stores to Tesco South Korea unit

May 13, 2008 on 8:25 pm | In Business News | No Comments

SEOUL (Reuters) - Unlisted South Korean retailer E-Land on Wednesday said it was in talks to sell 35 discount stores to Tesco’s South Korean unit.

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E-Land in talk to sell stores to Tesco South Korea unit

Craigslist sues eBay and alleges corporate spy plan

May 13, 2008 on 7:52 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - Online classifieds leader Craigslist.com filed a countersuit on Tuesday against business rival eBay , alleging eBay used its minority stake in Craigslist to steal its corporate trade secrets.

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Craigslist sues eBay and alleges corporate spy plan

Lonmin offloads pension risk to Paternoster

May 13, 2008 on 7:26 pm | In Business News | No Comments

LONDON (Reuters) - Miner Lonmin has struck a deal to offload its pension risk to specialist firm Paternoster, joining a growing number of blue-chip firms opting for pension buy-outs to cut exposure to investment and longevity risks.

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Lonmin offloads pension risk to Paternoster

Brown to reveal housing market plan

May 13, 2008 on 7:19 pm | In Business News | No Comments

LONDON (Reuters) - Prime Minister Gordon Brown will set out plans on Wednesday to shore up the creaking housing market as part of a drive to reverse a slide in support for his government.

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Brown to reveal housing market plan

HP to buy EDS for $12.6 billion in challenge to IBM

May 13, 2008 on 6:44 pm | In Business News | No Comments

NEW YORK (Reuters) - Hewlett-Packard plans to buy technology outsourcing company Electronic Data Systems to better compete against IBM , but Wall Street questioned whether the $12.6 billion (6.5 billion pound) deal for a slow-growing company was overpriced.

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HP to buy EDS for $12.6 billion in challenge to IBM

Clear Channel parties have deal in principle

May 13, 2008 on 5:27 pm | In Business News | No Comments

NEW YORK (Reuters) - The parties in the dispute over financing the $20 billion (10.3 billion pound) Clear Channel Communications buyout reached an agreement in principle on Tuesday on settling the case and striking a new deal at a lower …

Clear Channel parties have deal in principle

Oil hits record near $127 as Iran mulls output cut

May 13, 2008 on 3:50 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil surged to a record peak near $127 on Tuesday after OPEC producer Iran said it was studying a plan to cut output despite signs record-high prices are hurting consumer nations.

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Oil hits record near $127 as Iran mulls output cut

Clear Channel parties reach deal in principle

May 13, 2008 on 3:47 pm | In Business News | No Comments

NEW YORK (Reuters) - The parties in the dispute over financing the $20 billion (10.3 billion pound) Clear Channel Communications buyout on Tuesday reached an agreement in principle on settling the case and striking a new deal at a lower price of $36 a share, a source familiar with the situation said on Tuesday.

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Clear Channel parties reach deal in principle

Sprint faces tough questions at annual meeting

May 13, 2008 on 3:40 pm | In Business News | No Comments

NEW YORK (Reuters) - Sprint Nextel faced multiple questions about how it would turn the company around and stop customers from fleeing its cell phone service at its annual shareholder meeting, where voters only narrowly rejected one proposal that would have let them call special meetings.

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Sprint faces tough questions at annual meeting

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