Sectors
National Australia Bank weighing sale of life insurance unit: sources
National Australia Bank (NAB.AX) is considering the sale of its life insurance unit worth an estimated $800 million, seeking to boost earnings and returns on capital, people familiar with the matter told Reuters.
U.S. Steel Canada moving quickly to sell Hamilton assets
United States Steel Corp's (X.N) Canadian unit is preparing to quickly put its Hamilton assets up for sale and also hopes to run an auction process for its operations on Lake Erie, court filings showed on Tuesday.
Oracle's Ellison took smaller pay package in fiscal 2014
Oracle Corp's (ORCL.N) Larry Ellison, who is stepping aside as chief executive officer, took less money home in fiscal 2014 that the year before following criticism of his compensation and concerns about the software company's struggles against smaller rivals.
BlackBerry set to launch Passport as turnaround enters critical phase
BlackBerry is set to launch an unconventional new smartphone dubbed the Passport on Wednesday, as it embarks on potentially the most critical phase of its long turnaround.