 | Hello |  |  | MF Global files for bankruptcy, according to a court filing.
Did Corzine's risk taking cripple MF Global?
Charlie Gasparino sets the stage for MF Global's current situation.
Australia's Qantas Airways has seen its share of suitors knocking on the company's cabin doors before, and with the stock trading at record lows, now may seem to be a good time to welcome a white knight.
Chinese groups Pang Da and Youngman will pump more than half a billion euros ($709 million) into Swedish carmaker Saab, aiming to return the struggling carmaker to profit by 2014.
Every year sees some start-ups that don't make it from proof-of-concept to maturity. But this year, the situation is particularly bad, entrepreneurs and their potential backers say, simply because there are so many more young companies. And next year they expect it to get worse.
"In their first interview about the crimes of Bernard Madoff, the son and the wife of the man who scammed billions of dollars provide the first inside account from the immediate family," 60 Minutes reports.
"Groupon Inc. may increase the price range of its initial public offering amid higher-than-expected demand for the shares from investors," sources tell Bloomberg. | | | Samsung Elec CEO urges aggressive M&As in new areas | | October 31, 2011 05:36 AM ET | | SEOUL (Reuters) - Samsung Electronics Co Ltd's chief executive called for the electronics giant to aggressively pursue investments, and mergers and acquisitions in new growth areas such as healthcare and renewable energy, at a time when its mainstay chip business is suffering from sluggish growth. | Full Article | | Canada exchange operator backs $3.8 billion buyout bid | | October 31, 2011 09:48 AM ET | | TORONTO (Reuters) - The operator of Canada's largest stock market has thrown its support behind a C$3.8 billion ($3.8 billion) takeover offer from a group of banks and pension funds, embracing the deal nearly five months after a failed attempt to merge with the London Stock Exchange. | Full Article | | DealTalk: Qantas looks too ugly for any bidder | | October 31, 2011 07:17 AM ET | | HONG KONG/SYDNEY (Reuters) - Australia's Qantas Airways Ltd has seen its share of suitors knocking on the company's cabin doors before, and with the stock trading at record lows, now may seem to be a good time to welcome a white knight. | Full Article | | Bakrie swaps Glencore for Renaissance in debt deal: sources | | October 31, 2011 06:36 AM ET | | SINGAPORE/JAKARTA (Reuters) - Indonesia's Bakrie Group is set to announce a deal led by Indonesian investors PT Renaissance Capital by Tuesday to avert a default on a $1.345 billion loan after talks with commodity giant Glencore fell through, three sources with direct knowledge of the deal said on Monday. | Full Article | | | TOP NEWS
| | Chinese buyers vow long-term financing for Saab | | October 31, 2011 08:39 AM ET | | STOCKHOLM (Reuters) - Chinese groups Pang Da Automobile Trade Co and Zhejiang Youngman Lotus Automobile Co will pump more than half a billion euros ($709 million) into Swedish carmaker Saab, aiming to return the struggling carmaker to profit by 2014. | Full Article | | UNESCO gives Palestinians full membership | | October 31, 2011 10:21 AM ET | | PARIS (Reuters) - The United Nations' cultural agency decided Monday to give the Palestinians full membership of the body, a vote that will boost their bid for recognition as a state at the United Nations. | Full Article | | Japan intervenes to tame soaring yen ahead of G20 | | October 31, 2011 07:52 AM ET | | TOKYO (Reuters) - Japan sold the yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world's No. 3 economy. | Full Article | | Qantas resumes flights grounded by labor dispute | | October 31, 2011 08:02 AM ET | | MELBOURNE/SYDNEY (Reuters) - Australia's Qantas Airways returned to the air on Monday after grounding its entire global fleet over the weekend in a bold tactic to force the government to intervene in the nation's worst labor dispute in a decade. | Full Article | | Republican Cain accused of sex harassment: Politico | | October 31, 2011 08:04 AM ET | | WASHINGTON (Reuters) - Two women employees complained of sexually suggestive behavior by Republican presidential contender Herman Cain when he headed the National Restaurant Association in the 1990s, Politico said on Sunday. | Full Article | | | | TECHNOLOGY NEWS | | | | | RELATED VIDEO | | |  |  | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |  | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. |  | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | | » MORE NEWSLETTERS | | | ODDLY ENOUGH | | | | | | |
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