British private equity firm Charterhouse [CHCAP.UL] is working with JP Morgan (JPM.N) on options for healthcare company Tunstall, in a deal which could value the company at up to 700 million pounds ($1.1 billion), a source familiar with the matter said on Tuesday.
Country
Ethanol unit sale by Brazil's Petrobras hits snag: sources
Plans by Brazil's Petrobras to sell its stake in ethanol and sugar producer Guarani SA have hit a snag as the state-run oil company has not been offered enough money for the asset, two sources with direct knowledge of the matter said.
JPMorgan hires banker from Deutsche Bank to head EMEA chemicals: memo
JPMorgan (JPM.N) has hired Arkadi Nachimowski from Deutsche Bank (DBKGn.DE) to head its chemicals team in Europe, the Middle East and Africa (EMEA), according to a memo seen by Reuters on Wednesday.
Fortum says talks with Russian firms over Fennovoima stall
Finnish utility Fortum (FUM1V.HE) said on Wednesday it has failed so far to reach a deal with Russia's Gazprom (GAZP.MM) and Rosatom on assets swap in Russia to allow it to take stakes in Fennovoima nuclear power plant project.
World financial fears keep Asia firms in holding pattern - Reuters/INSEAD survey
Sentiment at some of Asia's biggest firms has deteriorated as a slowing Chinese economy, Greek sovereign debt crisis and looming U.S. interest rate hike create deepening concern about the state of the world economy, a Thomson Reuters/INSEAD survey showed.
Latest News
U.S. stocks ended with slight gains on Tuesday, with the Nasdaq eking out another record close while investors continued to await clarity on whether Greece could reach a deal to prevent defaulting on its loans.
Boeing Co (BA.N) on Tuesday named Dennis Muilenburg as chief executive officer, effective July 1, succeeding Jim McNerney.
As the big global banks and investment houses see it, almost every outcome of Greece's stand-off with its creditors leads to a weaker euro. So why isn't the single currency falling?
Private equity firm Lone Star Funds said it had agreed to buy real estate investment trust (REIT) Home Properties Inc (HME.N) for about $7.6 billion, including debt.
It could soon pay more to write lengthier books, if you are an author self-publishing on Amazon.com Inc's Kindle ebook platform.
Caterpillar, Inc. (CAT.N) will lay off another 50 workers at its East Peoria, Illinois campus on Monday because of a downturn in demand for mining equipment, the company said.
U.S. stocks ended higher on Monday, with the Nasdaq closing at a record as hopes grew that a deal would be reached to prevent Greece from defaulting on loans.
Oil prices rose above $63 a barrel on Monday in response to new proposals from Greece that the European Union welcomed as a basis for progress at talks to try to stave off a default that could cause turmoil in financial markets.
The Bank of Japan said it expects factory output to fall for the first time in three quarters in April-June on weak Asian demand, underscoring the fragile nature of the economic recovery.
