http://mobile.reuters.com Copyright 2008 Reuters en-us Fri, 04 Jul 2008 20:15:29 -0400 http://mobile.reuters.com/mobile/images/small/logo.png http://mobile.reuters.com/mobile/m/Category/CMAT?src=RSS-MAT http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSL0473098420080704?src=RSS-MAT LONDON (Reuters) - Bradford & Bingley <BB.L> on Friday increased its rights issue to 400 million pounds ($794 million) after U.S. investor TPG Capital pulled out of buying a stake as concern deepened about the UK bank's business plan. Fri, 04 Jul 2008 17:49:39 +0000 2008-07-04T174939Z_01_L04730984_RTRUKOC_0_US-BRADFORDANDBINGLEY.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSL0464264920080704?src=RSS-MAT PARIS (Reuters) - Airbus parent EADS <EAD.PA> on Friday seemed close to two deals to spread the hefty cost of the next Airbus. Fri, 04 Jul 2008 16:58:32 +0000 2008-07-04T165832Z_01_L04642649_RTRUKOC_0_US-EADS-SOCATA.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSN0436959020080704?src=RSS-MAT NEW YORK (Reuters) - Merrill Lynch & Co may sell its 20 percent stake in financial news and data provider Bloomberg LP to a blind trust controlled by New York City Mayor Michael Bloomberg, The New York Post reported on Friday. Fri, 04 Jul 2008 18:26:50 +0000 2008-07-04T182650Z_01_N04369590_RTRUKOC_0_US-MERRILLLYNCH-BLOOMBERG.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSL0427778820080704?src=RSS-MAT BRUSSELS (Reuters) - The European Commission opened an in-depth investigation on Friday into BHP Billiton's <BHP.AX><BLT.L> $170 billion unsolicited bid for rival miner Rio Tinto <RIO.L>, with prices of iron ore already soaring. Fri, 04 Jul 2008 16:56:11 +0000 2008-07-04T165611Z_01_L04277788_RTRUKOC_0_US-RIO-BHP-EU.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSBOM22798920080704?src=RSS-MAT MUMBAI (Reuters) - Shares in India's Reliance Communications <RLCM.BO> surged 12.5 percent on Friday on expectations some clarity may soon emerge on its exclusive talks with South Africa's MTN Group <MTNJ.J> that end next week. Fri, 04 Jul 2008 11:46:18 +0000 2008-07-04T114618Z_01_BOM227989_RTRUKOC_0_US-MTN-RELIANCE-SHARES.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSWEA105520080704?src=RSS-MAT FRANKFURT (Reuters) - Shares in German chipmaker Infineon <IFXGn.DE> rose more than 5 percent on Friday, with traders citing unspecified takeover rumors. Fri, 04 Jul 2008 10:11:33 +0000 2008-07-04T101133Z_01_WEA1055_RTRUKOC_0_US-INFINEON-SHARES.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSN0434749920080704?src=RSS-MAT TORONTO (Reuters) - Announcing what it said were "essential milestones" allowing the world's largest leveraged buyout to go ahead, BCE Inc <BCE.TO><BCE.N> said on Friday that its buyers had finalized funding and were sticking to their C$34.8-billion ($34.1 billion) purchase price. Fri, 04 Jul 2008 21:00:42 +0000 2008-07-04T210042Z_01_N04347499_RTRUKOC_0_US-BCE.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSL0455986520080704?src=RSS-MAT LONDON/MADRID (Reuters) - British pay-TV firm BSkyB <BSY.L> is considering a bid of more than 2.5 billion euros ($4 billion) for Spanish pay-TV platform Digital+, the Financial Times said on Friday. Fri, 04 Jul 2008 12:25:48 +0000 2008-07-04T122548Z_01_L04559865_RTRUKOC_0_US-DIGITAL-PLUS-BSKYB.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSL0350437520080704?src=RSS-MAT ZURICH/LONDON (Reuters) - It helps to have rich friends -- especially when you are running a biotechnology company in Europe. Fri, 04 Jul 2008 10:43:18 +0000 2008-07-04T104318Z_01_L03504375_RTRUKOC_0_US-BIOTECH-EUROPE.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSWEA106820080704?src=RSS-MAT FRANKFURT (Reuters) - Deutsche Bank <DBKGn.DE> is the sole remaining German bidder for Citigroup's <C.N> German retail operations after Commerzbank <CBKG.DE> dropped out of the running, several sources with direct knowledge of the sales process told Reuters on Friday. Fri, 04 Jul 2008 16:50:48 +0000 2008-07-04T165048Z_01_WEA1068_RTRUKOC_0_US-CITIBANK-SALE.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSN0435012620080704?src=RSS-MAT TORONTO (Reuters) - The 13 percent leap in the share price of BCE Inc <BCE.TO><BCE.N> on Friday is just the latest swing in the see-saw course the stock has taken over the past 12 months. Fri, 04 Jul 2008 17:04:14 +0000 2008-07-04T170417Z_01_N04347499_RTRUKOC_0_US-BCE.xml-sidebar-1 http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSN0437342220080704?src=RSS-MAT TORONTO (Reuters) - The buyers of Canadian telecom giant BCE Inc <BCE.TO><BCE.N> will not reprice the company's C$34.8 billion ($34.1 billion) buyout and have finalized the funding necessary to complete the purchase, the company said on Friday. Fri, 04 Jul 2008 16:16:59 +0000 2008-07-04T161703Z_01_N04347499_RTRUKOC_0_US-BCE.xml-sidebar-2 http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSN0434639020080704?src=RSS-MAT TORONTO (Reuters) - Only three years after joining BCE Inc <BCE.TO> <BCE.N> as the president of its core Bell Canada phone company unit, George Cope will take the helm of the company on July 11, ahead of the closing of its C$34.8 billion ($34.1 billion) buyout by private-equity investors. Fri, 04 Jul 2008 15:40:14 +0000 2008-07-04T154017Z_01_N04347499_RTRUKOC_0_US-BCE.xml-sidebar-1 http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSSP960320080704?src=RSS-MAT SYDNEY/HONG KONG (Reuters) - BHP Billiton Ltd/Plc <BHP.AX><BLT.L> has matched takeover target Rio Tinto Ltd/Plc <RIO.AX><RIO.L> with a near doubling in contract iron ore prices, ending months of talks and speculation it may get more. Fri, 04 Jul 2008 12:53:34 +0000 2008-07-04T125334Z_01_SP9603_RTRUKOC_0_US-BHP-IRONORE.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUST28789920080704?src=RSS-MAT TOKYO (Reuters) - Japan's Mizuho Financial Group <8411.T> plans to raise $2.8 billion by issuing preferred shares, as the subprime-hit bank looks to shore up its capital base. Fri, 04 Jul 2008 09:21:49 +0000 2008-07-04T092149Z_01_T287899_RTRUKOC_0_US-MIZUHO.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSSYD2185220080704?src=RSS-MAT PERTH (Reuters) - Australia's Origin Energy Ltd <ORG.AX> urged shareholders on Friday to reject a $13.1 billion bid from British gas company BG Group <BG.L>, as speculation grew over whether BG would raise its offer. Fri, 04 Jul 2008 07:42:56 +0000 2008-07-04T074256Z_01_SYD21852_RTRUKOC_0_US-ORIGIN-BG.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSBOM7995420080704?src=RSS-MAT MUMBAI (Reuters) - Jewelry maker and retailer Gitanjali Gems Ltd <GTGM.BO> plans to buy U.S.-based retail chain, Whitehall Jewellers Holdings, the Economic Times newspaper reported on Friday without naming sources. Fri, 04 Jul 2008 05:02:38 +0000 2008-07-04T050238Z_01_BOM79954_RTRUKOC_0_US-GITANJALI-ACQUISITION.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSN0331927720080703?src=RSS-MAT PHILADELPHIA/NEW YORK (Reuters) - Penn National Gaming Inc <PENN.O> said on Thursday its $6.1 billion takeover pact had been terminated, marking the latest leveraged buyout to crumble amid tight credit markets and a weak U.S. economy. Thu, 03 Jul 2008 20:22:01 +0000 2008-07-03T202201Z_01_N03319277_RTRUKOC_0_US-PENNNATIONAL.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSL0358252520080703?src=RSS-MAT LONDON/ACCRA (Reuters) - Britain's Vodafone Group Plc <VOD.L> said on Thursday it paid $900 million for a 70 percent stake in Ghana Telecom, the African country's third largest mobile phone operator. Thu, 03 Jul 2008 19:01:40 +0000 2008-07-03T190140Z_01_L03582525_RTRUKOC_0_US-VODAFONE-GHANA.xml http://mobile.reuters.com/mobile/m/FullArticle/CMAT/ninnovationNews_uUSL0320530720080703?src=RSS-MAT LONDON/NEW YORK (Reuters) - British Airways Plc <BAY.L>, AMR Corp's <AMR.N> American Airlines and Spain's Iberia <IBLA.MC> are close to forming a transatlantic partnership that would apply for antitrust immunity, a source briefed on the matter said on Thursday. Thu, 03 Jul 2008 18:51:08 +0000 2008-07-03T185108Z_01_L03205307_RTRUKOC_0_US-AMERICAN-BA.xml