Unions: Requesting Federal Mediation in Verizon Talks
Two labor unions representing about 45,000 workers from Verizon Communications Inc. (VZ) have requested federal mediation in their ongoing negotiations with the telecom company.
Repsol Studies LNG Assets Sale, Gets €1 Billion Financing
Spanish oil company Repsol YPF SA (REPYY, REP.MC) said Thursday it is studying the possible sale of its liquefied natural gas assets in an effort to improve its financial position and its liquidity.
Sources Say Vivendi May Sell Brazilian Unit GVT -Reuters
Vivendi SA (VIVEF, VIV.FR) would be open to the sale of GVT, its Brazilian telecom unit, Reuters reported Thursday, citing sources familiar with the matter.
Police Fire Rubber Bullets at Madrid Protesters
Riot police fired rubber bullets to disperse small groups of protesters in central Madrid early Friday at the end of a mass demonstration against economic crisis measures.
Microsoft Swings to 4th-Quarter Loss on Write-down
Sustained growth of Microsoft Corp.'s (MSFT) core Office and enterprise software businesses cheered investors even as the software giant swung to a fiscal fourth-quarter loss--its first quarterly loss in at least 20 years--after a write-down and increase in deferred revenue related to a Windows 8
China Tells Local Governments to Keep Firm Grip on Housing Market - State Media
China has told its local governments to keep a firm grip on the housing market to prevent property prices from rebounding, state media reported Friday, citing an urgent government notice.
Treasury Wine Appoints Rayner Chairman, Adds 3 New Directors
Treasury Wine Estates Ltd. (TWE.AU) said Friday non-executive director Paul Rayner will become its chairman, replacing the outgoing Max Ould.
Westpac: Key Executive Peter Hanlon to Take Advisory Role
Peter Hanlon will stay on as an adviser to Westpac Banking Corp. (WBC.AU) after stepping down as head of its Australian Financial Services division next month, the bank said Friday.
Brazil's CVM Cancels Share Listing of Airline TAM After Merger
Brazil's securities and exchange regulator, CVM, canceled the share listing of Brazilian airline TAM S.A., following TAM's merger with Chile's LAN SA (LFL).