NEW DELHI, Aug 29- India's Reliance Industries Ltd plans to invest about $13 billion in energy projects, including a 400,000 barrels per day crude refinery at its Jamnagar complex, documents seen by Reuters show. The refinery would process cheap, heavy crudes that are increasingly available to Asia as the shale boom has cut U.S. demand for the grades.» Read More
SEOUL, May 19- South Korean steelmaker POSCO said on Monday it may consider selling a stake in its profitable trading and resources arm Daewoo International Corp as part of a restructuring plan aimed at shoring up its finances.
The center-right National Action Party, has been badly divided by an internal power struggle centering on how far the party should cooperate with Pena Nieto's Institutional Revolutionary Party, which lacks a majority in Congress.
MEXICO CITY, May 18- Mexico's biggest opposition party on Sunday holds a leadership election whose outcome could shape how quickly President Enrique Pena Nieto can pass pending legislation to open up the oil industry and increase competition in telecoms.
ZURICH, May 18- Credit Suisse Chief Executive Brady Dougan came under further pressure to resign on Sunday, with a key figure in Switzerland's largest party becoming the latest politician to call for a change in the bank's leadership over its role in helping rich Americans dodge tax.
*Abolition of language law handed Moscow ammunition. *Moscow long tried to get strong foothold in Ukraine. While Putin has presented separatist violence in eastern Ukraine as spontaneous, interviews with Ukrainian politicians and security sources with knowledge of Russian thinking suggest months of detailed planning by Moscow.
*Company valued at about $764 mln at day high of $10.76. May 16- U.S. online car shopping service TrueCar Inc, whose shares closed up 11 pct in their debut on the Nasdaq on Friday, has plans for expanding so consumers can compare prices on big-ticket items other than automobiles.
*Company valued at about $764 mln at the high of $10.76. May 16- Shares of TrueCar Inc, owner of car comparison website TrueCar.com, rose about 20 percent in their market debut, valuing the company at about $764 million.
MARIUPOL/ KIEV, Ukraine, May 16- In their overalls and hard hats, the latest additions to the heady mix of security forces in Ukraine are the first tangible sign the rebel east's richest son is entering the fray.
*Wal-Mart profit falls as harsh winter hampers shoppers. NEW YORK, May 15- U.S. stocks fell on Thursday, giving the Dow and the S&P 500 their worst declines in more than a month, as small-cap shares extended their retreat and Wal-Mart results disappointed.
*Slovak PM: Russia says gas to Europe via Ukraine could be stopped. NEW YORK, May 15- Global equity markets fell on Thursday and safe-haven U.S. and German government bonds rose on fears over escalation of the crisis between Russia and Ukraine and in response to underwhelming U.S. and European economic data.
NEW YORK, May 15- Global equity markets fell on Thursday and safe-haven U.S. and German government bonds rose on fears over Russia and Ukraine and in response to underwhelming U.S. and European economic data.
*Wal-Mart profit falls as severe winter deters shoppers. NEW YORK, May 15- U.S. stocks slumped on Thursday after a drop in small-cap stocks and disappointing results from Wal-Mart. But, as of now, it means the sellers are slowly gaining more control, "said Adam Sarhan, chief executive of Sarhan Capital in New York.
MILAN, May 15- Italian insurer Generali expects to meet key capital and asset sales targets ahead of time after kicking off talks with Brazil's BTG Pactual for a possible sale of Swiss unit BSI, a central plank of its 4- billion-euro disposal strategy.
LAS VEGAS, May 14- Billionaire hedge fund manager David Tepper sounded a cautious message on Wednesday, telling a ballroom packed with other managers and investors that he was "nervous" about the stock market but that this was not the time to sell.
LAS VEGAS, May 14- Billionaire investor David Tepper, who runs hedge fund Appaloosa Management, sounded a cautious note on stock markets on Wednesday and told an audience: "I'm nervous." "I'm not saying go short, just don't be too friggin' long," Tepper, who has one of the best investing records in the industry, said at the SkyBridge Alternatives Conference in Las Vegas.
LAS VEGAS, May 14- Billionaire investor David Tepper, who runs hedge fund Appaloosa Management, sounded a cautious note on stock markets on Wednesday and told an audience "I'm nervous."
*Sears Holdings says it may put Sears Canada up for sale. Sears Holdings, which operates more than 2,300 stores in the United States and Canada, said it will hire an investment bank to explore options for its share of Sears Canada. The move comes as Sears Holdings, which operates Sears and Kmart discount stores, tries to engineer a turnaround.
May 14- Sony Music Entertainment, a unit of Sony Corp, has invested $3 million in music-recognition application maker Shazam Entertainment, a source familiar with the matter said.
WASHINGTON, May 14- U.S. Senate Democrats unveiled legislation on Wednesday to allow millions of Americans with student loan debt to refinance at lower interest rates.
*Sears Holdings says it may put Sears Canada up for sale. May 14- Sears Holdings Corp said on Wednesday that it was considering the sale of its 51 percent stake in Sears Canada Inc, a move that could mean all of the Canadian department store operator goes up for sale.