*China and Japan had been vying for $5 billion contract. *Japan, China to be invited to bid for medium-speed rail project. JAKARTA, Sept 4- Indonesia's 11th- hour decision to scrap plans for the nation's first high-speed railway has sown confusion among top investors China and Japan, potentially undermining the strong foreign investment that has been a rare...» Read More
Baxalta rejects Shire's $30 billion bid. CNBC's Sue Herera reports the details.
HOUSTON, July 27- Petroleos de Venezuela has asked oil suppliers to submit offers to sell the South American country up to 70,000 barrels per day of ultralight sweet crudes through contracts of one to five years, potential bidders told Reuters. Even though the OPEC- member nation has the world's largest oil reserves, it does not produce enough light, sweet crude.
Japanese mobile carrier Softbank's bid for Sprint was approved by US Federal Communications Commission last week, clearing the way for the firm to create a foothold in the US market. The Nikkei's Makiko Utsuda has more.
CNBC's Kayla Tausche has the update on whether a serious bid is out there to buy Hostess Brands.
The newly approved rescue plan for Greece is a "super-TARP," similar to the United States bailout package during the financial crisis, Peter Boockvar, equity strategist at Miller Tabak, told CNBC Thursday.