The United States is in the midst of renewing its 35-year-old commitment to supply Israel with oil in emergency situations after the pact expired on Tuesday, a U.S. State Department official said.
Deals
Dalian Wanda to seek HK approval for up to $6 billion IPO on Monday
Chinese real estate developer Dalian Wanda Commercial Properties, a unit of billionaire Wang Jianlin's Dalian Wanda Group, will seek approval from Hong Kong's bourse for an up to $6 billion initial public offering on Monday, IFR reported late on Wednesday citing sources familiar with the plans.
French regulator approves Numericable-Virgin deal
France's competition watchdog said on Thursday it had given its go-ahead to Numericable's purchase of Virgin Mobile France.Numericable, which is also in the process of buying number 2 mobile operator SFR, agreed in June to buy Virgin Mobile France from owners Britain's Carphone
Merck buys rights to NewLink's experimental Ebola vaccine
Merck & Co Inc (MRK.N) on Monday said it would buy worldwide commercial rights to NewLink Genetics Corp's (NLNK.O) experimental vaccine against the Ebola virus.
Ackman's Pershing Square sees big payoff from Allergan deal
Hedge fund mogul William Ackman told investors they could see a $6 billion payday when he closes the chapter on Allergan Inc., his firm's biggest bet of 2014.
Latest News
Puerto Rico's planned bond deal of up to $2.9 billion will not happen before early 2015, two finance industry sources briefed on the matter said on Monday.
Detroit is eying a date between Dec. 8 and 10 for its debt adjustment plan to take effect, allowing the city to exit the biggest-ever municipal bankruptcy, an attorney said on Monday.
Gap Inc (GPS.N) has struck a deal with Europe's largest dedicated online fashion retailer Zalando (ZALG.DE) to sell its core brand from next May, hoping to reach more consumers, particularly in markets where it has no physical stores.
RenaissanceRe Holdings Ltd (RNR.N) said it would buy fellow Bermuda-based reinsurer Platinum Underwriters Holdings Ltd (PTP.N) for about $1.9 billion to boost its U.S. business.
U.S. automotive parts maker Visteon Corp (VC.N) has signed a preliminary deal to sell its controlling stake in South Korea's Halla Visteon Climate Control Corp (018880.KS) to a local private equity firm for $3.6 billion, Korean media reports said.
Chinese real estate developer Dalian Wanda Commercial Properties, a unit of billionaire Wang Jianlin's Dalian Wanda Group, has received approval from Chinese regulators to move ahead with an initial public offering in Hong Kong worth up to $6 billion, IFR reported, citing people familiar with the deal.
CGN Power Co. Ltd., China's largest nuclear power producer, has launched an initial public offering in Hong Kong worth up to $3.2 billion, the first of several big listings set to make for a busy end to 2014 in Asia Pacific equity capital markets.
Mexico's transportation minister will meet with Chinese government officials on Monday to discuss the cancellation of a $3.75 billion high-speed rail contract that was awarded to a Chinese-led consortium, Mexico said on Sunday.
Aviva's potential 5.6 billion pound ($8.8 billion) purchase of Friends Life reflects a need to consolidate and cut costs in Britain's insurance industry, fund managers said.
