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  • BUENOS AIRES, Argentina— Argentina's most powerful unions brought thousands of people into the streets Friday to protest against high inflation and thousands of job cuts in the biggest demonstrations against President Mauricio Macri since he took office in December. Demonstrators waving blue and white Argentine flags flooded the main avenues of Buenos...

  • Roger Altman

    Most companies are feeling all right about their business, but weak sales growth is making M&A synergies attractive, Roger Altman says.

  • *Central beats rival TCC to win Vietnam business. *Vietnam deal takes Casino asset sales to 4.2 bln euros. Casino, facing weak markets in Brazil and fierce competition in France, has said it aimed to raise around 4 billion euros this year by selling off businesses in Thailand and Vietnam plus the sale of real estate assets in Latin America.

  • April 29- TransCanada Corp, the country's No.2 pipeline operator, reported a better-than-expected quarterly profit, helped by higher income from its Bruce nuclear power plant in Ontario. The company's profit was hit by a C $176 million after-tax charge related to its decision to scrap agreements to buy power from coal-fired plants in Alberta.

  • *Central beats rival TCC to win Vietnam business. *Thai tycoons jostle for deals in Vietnam. SINGAPORE/ BANGKOK, April 29- France's Casino Group agreed to sell its Vietnam unit to Thai conglomerate Central Group for 1 billion euros including debt, giving the retailer respite from a debt pile that pushed its credit rating to junk.

  • SINGAPORE/ BANGKOK, April 29- France's Casino Group has agreed to sell its Vietnam unit to Thai conglomerate Central Group for 1 billion euros including debt, the retailer said on Friday confirming an earlier Reuters story. Central Group, controlled by business family Chirathivat with interests in real estate, department stores and retailing, beat rival Thai...

  • MELBOURNE, April 29- Origin Energy Ltd on Friday more than doubled its outlook for earnings from liquefied natural gas this year, saying the first unit at its Australia Pacific LNG plant was producing at above its rated capacity of 4.5 million tonnes a year. "Given the strong operational performance of Train 1 since shipment of the first LNG cargo on Jan. 9, Origin...

  • April 28- Energy Futures Holdings Corp's plan to sell its Oncor power distribution business for about $19 billion to fund its exit from bankruptcy will not close as expected, a company lawyer told a U.S. While Oncor is considered a crown jewel asset, the Public Utility Commission of Texas imposed conditions for approving the deal that have discouraged the...

  • LONDON, April 28- Anglo American has agreed to sell its niobium and phosphates businesses in Brazil to China Molybdenum for $1.5 billion in cash, it said on Thursday, as it seeks to cut debt in a radical restructuring of the global mining group. Anglo American shares rose more than 8 percent, outperforming the sector as analysts said the price was higher than...

  • *Shareholders approve Africa unit selldown. LONDON, April 28- Barclays Chairman John McFarlane has pledged to deliver a "clean and prosperous" 2018 to investors, putting a deadline on a vast program of restructuring and asset sales that will cause staffing numbers to fall by 50,000.. Investors grilled Staley and McFarlane in a generally good-natured...

  • April 28- Chipmaker Cypress Semiconductor Corp said it agreed to buy Broadcom Ltd's Internet of Things business and related assets for $550 million in cash. The deal is expected to close in the third calendar quarter and will help Cypress gain share in consumer IoT market, which includes wearable electronics and home automation. Separately, Cypress said Chief...

  • FRANKFURT, April 28- Deutsche Bank posted a surprise net profit in the first quarter that was helped by lower litigation costs, lifting its shares, and said it saw 2016 as the peak of a restructuring drive. Germany's flagship lender said on Thursday its quarterly net income fell 58 percent to 236 million euros after a slump by its investment bank in volatile...

  • LONDON, April 28- Barclays Chairman John McFarlane has pledged to deliver a "clean and prosperous" 2018 to investors, putting a deadline on a vast program of restructuring and asset sales that will see staffing numbers fall by 50,000.. Speaking at the bank's annual general meeting in London on Thursday, McFarlane thanked investors for their patience while...

  • LONDON, April 28- Anglo American has agreed to sell its niobium and phosphates businesses in Brazil to China Molybdenum for $1.5 billion in cash, it said on Thursday, as it seeks to cut debt in a radical restructuring of the global mining group. Anglo American shares rose more than 3 percent in early trade as analysts said the price was higher than expected and boded...

  • LONDON, April 28- Tata Steel is not prepared to split up its main British assets, such as its Port Talbot steel plant, as part of a plan to divest its UK steelmaking operations, UK CEO Bimlendra Jha told a committee of lawmakers on Thursday. "We would not deal with... somebody saying leave alone Port Talbot and give us the rest- that is not a solution that's acceptable," said...

  • LONDON, April 28- Miner Anglo American said on Thursday it had agreed to sell its niobium and phosphates businesses to China Molybdenum for $1.5 billion in cash to reduce its debt level. The businesses, consisting of mines, plants, processing facilities, chemical complexes and deposits, are located in Brazil. "The proceeds from this transaction... will enable us to...

  • HONG KONG— A unit of Chinese conglomerate HNA Group has agreed to buy Carlson Hotels, which owns brands including Radisson and Country Inns and Suites, the latest in a flurry of overseas investments by Chinese companies. Other deals this year include Haier Group's acquisition of General Electric's home appliance business, conglomerate Wanda Group's...

  • April 27- Pacific Exploration& Production Corp said an Ontario court approved a $500 million debtor-in-possession financing facility for the Canadian company and its units, hours after it filed for creditor protection. The Ontario Superior Court of Justice also approved a $134 million letter-of-credit facility and second-priority lien over assets...

  • LOUISVILLE, Ky.— Brown-Forman Corp., the producer of Jack Daniel's Tennessee Whiskey, announced plans Wednesday to re-enter the single malt Scotch whisky market with an agreement to purchase The BenRiach Distillery Co. of Scotland along with three brands. As part of the deal, Brown-Forman said it will add The GlenDronach, BenRiach and Glenglassaugh single...

  • TOGLIATTI, Russia, April 27- In the heartland of Russia's struggling car-making industry, people blame foreigners for their economic hardship, not their country's rulers. The Volga river city of Togliatti is the nearest there is to a Russian version of Detroit, and it was hit hard when Russia's economy slowed down, aggravated by a fall in global oil prices and...