Sectors
Private equity firm TPG eyes Tesco clubcard unit
Private equity buyout firm TPG has approached troubled British grocer Tesco PLC (TSCO.L) to buy its data gathering and analysis subsidiary Dunnhumby, which is worth well over 2 billion sterling, the Sky News reported on Monday.
New York approves $1.8 billion financing for 3 World Trade Center
A New York state development agency has approved up to $1.78 billion in funding for the completion of the stalled 3 World Trade Center building in lower Manhattan.
Raytheon wins deal for next-generation U.S. Air Force radar
Raytheon Co (RTN.N) beat out Lockheed Martin Corp (LMT.N) and Northrop Grumman Corp (NOC.N) for a contract to build a next-generation long-range radar system for the U.S. Air Force, the U.S. Defense Department said on Monday.
BOJ stands pat on policy, warns of weak factory output
The Bank of Japan on Tuesday maintained its massive asset buying program but offered a bleaker view on factory output, following signs that the world's third-largest economy was hit harder than expected by a sales tax increase in April.