  | | | Wall Street gains, S&P posts 2012's best week | | NEW YORK (Reuters) - The S&P 500 ended its best week in 2012 on Friday, as investors returned to stocks after sources told Reuters that Spain was expected to request aid for its troubled banks. | | |  | | | Trade deficit narrows as global demand slows | | WASHINGTON (Reuters) - The trade deficit narrowed in April as slower growth in Europe and China bit into exports and the soft economy clipped import demand, a government report showed on Friday. | | | | | Gupta defense prods Goldman CEO over potential leaks | | NEW YORK (Reuters) - A lawyer for a former Goldman Sachs Group Inc board member on trial for insider trading quizzed the investment bank's chief executive, Lloyd Blankfein, on Friday about how well Goldman guards company secrets. | | | |  | | | Chesapeake to sell pipeline assets for more than $4 billion | | (Reuters) - Chesapeake Energy Corp plans to sell its pipeline and related assets to Global Infrastructure Partners for more than $4 billion, as the company scrambles to plug an estimated $10 billion funding shortfall and prepares to face what promises to be a fiery annual shareholder meeting later on Friday. | | | |  | | | Exclusive: Spain poised to request EU bank aid Saturday | | MADRID/BERLIN (Reuters) - Spain is expected to ask the euro zone for help with recapitalizing its banks this weekend, sources in Brussels and Berlin said on Friday, becoming the fourth country to seek assistance since Europe's debt crisis began. | | | | | UBS losses on Facebook as high as $350 million: CNBC | | (Reuters) - Swiss bank UBS may have lost as much as $350 million from trading shares in Facebook Inc amid the confusion of the social network's glitch-ridden May 18 market debut, CNBC reported on Friday, citing unidentified sources. | | | |  | | | Chesapeake shareholders rebuke board, seek changes | | OKLAHOMA CITY (Reuters) - Chesapeake Energy Corp shareholders delivered a sweeping rebuke of the company's Chief Executive Aubrey McClendon and its board on Friday, by rejecting two directors up for reelection in a reaction to a governance crisis that has engulfed the company. | | | |  | | | Analysis: India frustrations send some foreign firms packing | | NEW DELHI/MUMBAI (Reuters) - Frustrated by a lack of opportunities in India, Germany's Fraport , the world's No. 2 airport operator, is shutting its development office in the country, the latest in a growing list of companies exiting Asia's third-largest economy. | | | | | China wins saw blades dispute against U.S. at WTO | | GENEVA (Reuters) - China won a World Trade Organization ruling on Friday after the United States decided not to contest the facts of its complaint against anti-dumping duties on shipments of diamond saw blades and frozen warm-water shrimp from China. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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 | |
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