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RWE mulls sale of power plants as sector crisis drags on

RWE is exploring the sale of power plants, its chief operating officer told Reuters on Tuesday, frustrated with profit erosion and lack of political support for its struggling generation units.


Orbitz exploring sale, draws interest from private equity firms: Bloomberg

Online travel agency Orbitz Worldwide Inc (OWW.N) is exploring a sale and has drawn interest from private equity firms and other internet companies, Bloomberg reported, citing people with knowledge of the matter.

Salix Pharma working with advisers to explore options - sources

Salix Pharmaceuticals Ltd SXLP.O, a maker of bowel drugs, is working with investment bank Centerview Partners Holdings LP to explore its options, including a potential sale to a larger drugmaker, according to three people familiar with the matter.

SpaceX raises $1 billion in funding from Google, Fidelity

Space Exploration Technologies (SpaceX), founded by Elon Musk, said it has raised about $1 billion in a financing round with two new investors, Google Inc and Fidelity.


Latest News

Asian shares held firm and the euro stayed under pressure on Wednesday as investors counted on the European Central Bank to unveil a stimulus drive, while the yen was subdued ahead of the Bank of Japan's policy announcement later in the Asian day.
Wall Street investment bank Morgan Stanley said it would pay a smaller portion of revenue in bonuses to its bankers and traders this year even in a better revenue environment.
"The Interview," the Sony Pictures comedy believed to have triggered a cyber attack on the studio, has racked up over $40 million in sales from 5.8 million digital downloads, the studio said on Tuesday.
International Business Machines Corp posted a new 2015 profit target and quarterly revenue that both missed analysts' estimates, as the one-time world technology leader continues to grapple with its journey from low-margin hardware maker to the new world of cloud computing.Shares of IBM, which is still the world's largest technology services company, but no longer regarded as a leader in innovation, fell 1.6 percent to $154.48 in extended trading.
'Batman v Superman : Dawn of Justice' choreographer promises a better fight scene and talks about what it's like to work with the characters.
Oil services giant Schlumberger plans to buy a 45.65 percent stake in Eurasia Drilling for about $1.7 billion, potentially paving the way for it to become the sole owner of Russia's most active oilfield services company.
A New NASCAR Game is being developed by DMi Games. The game company President announced that driving game fans can expect its release in 2016.
Oliver Queen may be gone in the upcoming episodes of 'Arrow' but fans will still be able to catch a glimpse of him. Meanwhile, how is the team dealing with Oliver's absence?
A lot of protests were organized against the new cartoon of Prophet Mohammed which was published by Charlie Hebdo. This came after the attack in Charlie Hebdo's office.
Who will be the new characters in Orange is the New Black Season 3? Dirtier, sexier and more chaotic plot for its fans awaits.