BUENOS AIRES, July 25- Argentina stressed on Friday that it was impossible to fulfill a U.S. court ruling ordering full payment to "holdout" investors suing the country but said a deal needed to avert a default on its debt is still possible.» Read More
SEOUL/ HONG KONG, March 18- South Korea gave a preliminary greenlight for a large-scale foreigners-only casino complex to a consortium that includes Caesars Entertainment Corp, seeking to draw in wealthy Chinese gamblers and their tourist dollars.
SEOUL, March 18- South Korea on Tuesday granted a preliminary casino licence to a Lippo Ltd and Caesars Entertainment Corp venture to build a resort on Yeongjong island, as the government tries to court wealthy Chinese punters with an array of gambling options.
A tech billionaire purchased a record-setting $201 million life insurance policy. CNBC's Robert Frank and Dovi Frances, SG president and founder, provide perspective.
LONDON, March 17- European shares were buoyed by gains in major German stocks Siemens and RWE on Monday, steadying after heavy losses in the previous week on concerns about geopolitical tensions in Ukraine.
*Alibaba listing is the most anticipated deal since Facebook's IPO in 2012.
March 14- Ronald Perelman's buyout of a company he controlled was not subject to heightened court review because the billionaire acted as if he were an outside buyer, according to a Delaware Supreme Court ruling that could affect future insider deals.
PARIS, March 14- Vivendi will enter three weeks of exclusive talks with cable group Numericable in an effort to finalise a deal to sell its telecom unit SFR for 11.75 billion euros in cash, plus a stake in the resulting business.
March 14- Medical device maker Hologic Inc appointed a former Johnson& Johnson executive as chief operating officer, three months after naming a new chief executive as part of a deal with activist investor Carl Icahn.
PARIS, March 14- Vivendi has decided "whatever the cost" to pick local cable group Numericable to buy its French telecoms unit SFR, France's industry minister said on Friday just before the seller's board convened to decide on competing bids.
HONG KONG, March 14- Hong Kong billionaire Joseph Lau, the head of Chinese Estates Holdings, was found guilty of corruption in a land deal in Asia's gambling capital of Macau on Friday and sentenced to five years in jail, a court official in Macau said.
HONG KONG, March 14- Billionaire Joseph Lau, the head of Chinese Estates Holdings, was found guilty of bribery and money laundering in a land deal in Asia's gambling capital of Macau on Friday and sentenced to five years in jail, Hong Kong media reported.
*Mechel shares down 14 pct in Moscow, underperforming index. MOSCOW, March 14- Indebted Russian coal miner and steelmaker Mechel is in talks with lenders on refinancing and early debt repayment, the company said on Friday.
SEOUL, March 14- POSCO's new chief executive said the South Korean steelmaker will restructure non-steel businesses and not make any major investment in increasing steelmaking capacity, in a marked break from the strategy of his predecessor.
SEOUL, March 14- POSCO's new chief executive said the South Korean steelmaker will sell non-core assets and list some affiliates to shore up its balance sheet, shying away from major new investments in a marked break from his predecessor's strategy.
SEOUL, March 14- POSCO's new chief executive said the steelmaker will shy away from expanding manufacturing capacity for the time being, and raise cash by selling non-core assets and by listing some affiliates- a marked break with the strategy set by his predecessor.
March 13- Nutritional products company Herbalife Ltd, which is being investigated by the Federal Trade Commission, said it postponed its annual shareholders' meeting to April 29 to continue discussions with Carl Icahn about new board nominees.
NEW YORK, March 13- A former analyst affiliated with billionaire Steven A. Cohen's SAC Capital Advisors LP has agreed to pay more than $203,000 and be banned from the securities industry to settle insider trading charges by the U.S. Securities and Exchange Commission.
SAN FRANCISCO, March 13- Carl Icahn's campaign to convince eBay Inc to spin off its PayPal payments service will intensify in the run-up to eBay's shareholders' meeting in May, eBay's chief executive said on Thursday, warning employees to ignore the "noise."
VIENNA, March 13- Industrialist Dmytro Firtash, one of Ukraine's most influential oligarchs with close links to Russia through his gas interests, has been arrested in Austria at the request of the United States.
WASHINGTON, March 13- Lions Gate Entertainment Corp admitted on Thursday it failed to disclose to investors in 2010 the steps it took to thwart a hostile takeover bid by billionaire Carl Icahn, as part of a major settlement with U.S. regulators.