June 18- Billionaire investor Carl Icahn on Tuesday laid out a new proposal for Dell Inc, calling on the No. 3 PC maker to buy back 1.1 billion shares and allowing the activist to become a larger stakeholder.» Read More
*Louisiana, Nebraska stall; Kansas pushes ahead. April 23- From Louisiana to Ohio, Massachusetts and Nebraska, bold proposals to upend state tax laws are losing momentum in the face of political squabbles and special interest opposition. One case in point: Louisiana Governor Bobby Jindal.
Pena Nieto had been negotiating the banking overhaul aimed at boosting credit under a pact he forged with leaders of the opposition to work together on major economic reforms, but cracks in the agreement have appeared due to a political dispute over election funding.
Singapore could overtake Switzerland as the world's capital for offshore wealth by 2020, a new report says.
"G.I. Joe: Retaliation" won the box office battle, fighting off competition from cartoon cavemen, a Tyler Perry drama, and an alien-possessed heroine trying to save the human race.
BRASILIA, April 21- OGX Petroleo e Gas SA, the flagship of Brazilian billionaire Eike Batista's troubled EBX group, is negotiating the sale of a 40 percent stake to Russia's Lukoil in a rescue plan that also involves Malaysia's Petronas, a newspaper reported on Sunday.
NEW YORK, April 19- Bondholders fighting Argentina for full repayment on defaulted debt made their final plea late on Friday to a U.S. appeals court asking them to affirm prior rulings ordering a $1.33 billion payment, saying Buenos Aires continues to defy U.S. law.
*Bersani departure deepens Italy's political chaos. ROME, April 19- Centre-left leader Pier Luigi Bersani announced his resignation on Friday after party rebels sabotaged two separate candidates he had backed for state president, deepening Italy's political chaos.
*Democratic Party splits deepen, party president quits. ROME, April 19- Former Prime Minister Romano Prodi withdrew from the race for the Italian presidency on Friday, deepening the chaos in the centre-left after party rebels helped his old enemy Silvio Berlusconi scupper his candidacy.
NEW YORK/ LONDON, April 19- Documents obtained by U.S. authorities investigating mining corruption in Guinea show Israeli billionaire Beny Steinmetz's mining company promised to pay millions of dollars in Africa to win valuable mining concessions.
*ENRC founders must announce intentions by May 17. LONDON, April 19- A group of key shareholders in Kazakh miner ENRC led by co-founder Alexander Machkevitch is considering a buyout of the $6 billion company, whose shares have been battered by worries over governance and two internal probes.
SAN FRANCISCO, April 19- Dell Inc shares slid to a two-month low on Friday after private equity firm Blackstone Group LP withdrew its buyout bid, blaming a crumbling PC market for reduced financial forecasts at the world's No. 3 PC maker.
*Company has $5 bln debt after expansion. LONDON, April 19- A group of key shareholders in Kazakh miner ENRC led by co-founder Alexander Machkevitch is considering a buyout of the $6 billion company, whose shares have been battered by worries over governance and two internal probes.
*Choice increases chances of snap election. ROME, April 19- Italy's main centre-left party chose former Prime Minister Romano Prodi as its presidential candidate on Friday, igniting a battle with Silvio Berlusconi's centre-right that increases the likelihood of a snap election in the summer.
*Bollore sees export to foreign city before year-end. PARIS, April 19- A fleet of little silver cars in Paris is showcasing France's gamble on electric vehicle technology in a project that backers say is even helping to narrow the capital's social divide.
Berkshire Hathaway billionaire Charles Munger is giving a $110 million in stock to the University of Michigan — the largest donation in its history — for a graduate student residence hall.
*Blackstone withdrawal removes obstacle to Michael Dell takeover. *Michael Dell's $24.4 bln offer could still face opposition. April 19- Blackstone Group LP has ended its pursuit of Dell Inc, easing the way for founder Michael Dell and his private equity partner Silver Lake to go ahead with a $24.4 billion deal to acquire the world's No. 3 PC maker.
April 18- Blackstone Group LP has ended its pursuit of Dell Inc, two sources familiar with the matter told Reuters, paving the way for private equity house Silver Lake and company founder Michael Dell to buy out the world's No. 3 PC maker. Billionaire Carl Icahn has also taken a significant stake in the company and opposes Michael Dell's effort.
HONG KONG, April 19- Hong Kong shares could extend a losing streak into a sixth day on Friday, after more soft U.S. economic data and corporate earnings further undermined sentiment and dented U.S. stocks. Elsewhere in Asia, Japan's Nikkei was down 0.2 percent, while South Korea's KOSPI was down 0.6 percent at 0102 GMT.
SHANGHAI, April 19- BYD Co, one of the better known Chinese brands thanks to a stake held by billionaire U.S. investor Warren Buffett, may stop making conventional gasoline-fuelled cars within two years and focus on' new energy' battery models as part of a "re-birth plan" to arrest a slump in sales.
BOSTON/ NEW YORK, April 18- Hedge fund billionaire John Paulson's best-known fund is down 2.4 percent in April, largely due to the sharp selloff in gold, a source familiar with the numbers said on Thursday.