Housing sector most vulnerable if yields keep rising
NEW YORK, Feb 1- Clearwire Corp said on Friday that it was still evaluating a takeover bid from satellite television provider Dish Network Corp even though it continues to recommend the Sprint Nextel Corp offer it had accepted in December.
BORJOMI, Georgia, Feb 1- If there's a way to dilute the bitterness in relations between Russia and Georgia after a 2008 war, it may lie in a lush valley south of the Caucasus Mountain border between the feuding former Soviet republics.
Payment for shares made in cash- HSBC. HONG KONG, Feb 1- China has approved the sale of HSBC's remaining $7.4 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, allowing completion of the biggest equity purchase in the country by a foreign investor.
HONG KONG, Feb 1- China has approved the sale of HSBC's remaining $7.5 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, giving the green light to the country's biggest inbound M&A deal.
Shares of Las Vegas Sands Corp. soared Thursday after the casino operator reported impressive fourth-quarter gains because of its growth in China. THE SPARK: The company reported after the market closed Wednesday that it fiscal fourth-quarter profit jumped 35 percent, based largely on its expanding business in the Chinese gambling enclave of Macau.
British billionaire Richard Branson's Virgin Galactic plans to fly tourists into outer space at $200,000- a-ticket from Spaceport America, near the community of Truth or Consequences. A 2010 state law shields Virgin Galactic from being sued in most cases for damages by passengers or their families if there was an accident.
*China's top luxury watch distributor Hengdeli Holdings Ltd said there had been no material change in its operations and its business continued to operate in a stable manner.
LOS ANGELES, Jan 30- Casino operator Las Vegas Sands Corp, owned by billionaire Sheldon Adelson, on Wednesday posted lower-than- expected fourth-quarter earnings as weak results in Las Vegas dampened a strong performance in Asia. Morningstar analyst Chad Mollman said the shares also rose on strong results at the company's Chinese and Singapore properties.
LOS ANGELES, Jan 30- Casino operator Las Vegas Sands Corp, owned by billionaire Sheldon Adelson, on Wednesday said fourth-quarter earnings rose 35.8 percent from a year ago, helped by a strong performance in China, boosting its share price after-hours.
SINGAPORE, Jan 30- Thai billionaire Charoen Sirivadhanabhakdi has raised his stake in Fraser and Neave Ltd to more than 50 percent, turning his offer to buy the rest of the Singapore property and drinks conglomerate unconditional.
DUBAI, Jan 30- Kingdom Holding Co, the international investment firm of Saudi billionaire Prince Alwaleed bin Talal, has formed a sharia board of prominent scholars in order to raise more of its funding through Islamic finance. Elgari serves on several sharia boards including the Islamic arms of HSBC and Standard Chartered Bank.
MOSCOW, Jan 29- Two Russian billionaires have been shortlisted to buy a stake in Polyus Gold, sources said, in a deal which could pave the way for a merger with rival Polymetal to create a national gold mining champion.
LONDON, Jan 29- Anglo American Plc will take a $4 billion writedown on its Minas Rio iron ore operation in Brazil after delays and cost overruns forced the mining group to increase expenditure on the project.