Two Japanese aluminum buyers have agreed to pay a producer a record premium of $420 per tonne for metal to be shipped in the October-December quarter, two sources directly involved in the quarterly pricing talks said on Friday.
Investors
NFL's Buffalo Bills to be sold to owners of city's NHL team
The estate of longtime Buffalo Bills owner Ralph Wilson, who died earlier this year, reached an agreement on Tuesday to sell the NFL franchise to Terry and Kim Pegula, who already own the National Hockey League's Buffalo Sabres.
PDVSA seeks bids for Citgo in potential $10 billion deal - sources
Venezuela's state-run oil company PDVSA [PDVSA.UL] is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp [PDVSAC.UL] by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.
Wall Street ends lower as Apple falls, bond yields rise
U.S. stocks fell on Tuesday as Apple (AAPL.O) shares declined and as bond yields hit their highest in a month on concerns the Federal Reserve could raise interest rates sooner than some investors had expected.
European shares capped by Fed hike worries; M&A boosts telecoms
European shares slipped for a third straight session on Tuesday, weighed down by companies which trade dollar-denominated commodities such as oil, as investors shortened the odds on an early hike in U.S. interest rates.
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Ray Conner, chief executive of Boeing Co's (BA.N) commercial airplanes business, said on Monday the planemaker is being pressured to raise the production rate of its 737 jetliner, another signal the company is about to announce rate increases beyond current targets.
Jawbone said on Monday it is opening its software to other device-makers in hopes of accelerating sales of its activity-tracking wristbands, in a move that comes a day before Apple Inc is expected to unveil a smartwatch of its own.
The U.S. dollar was holding broad-based gains in Asia on Tuesday in a boon for shares of Japanese exporters but a burden for oil, gold and stocks in the energy majors.
Sharp Corp (6753.T) is looking to sell its U.S.-based solar energy development unit Recurrent Energy, Bloomberg reported on Monday, as the Japanese firm winds down its involvement in the solar industry to focus on profitable businesses.
In June 2013, activist investors got the board of SandRidge Energy Inc (SD.N) to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value.
China's exports rose more than forecast in August while imports unexpectedly fell, pushing the trade surplus to a record high for the second consecutive month and underlining the challenges facing policymakers as they struggle to revive tepid domestic demand.
The plan to save Malaysia Airlines (MAS) (MASM.KL) could succeed where past endeavours have failed because the government has finally put politics aside by agreeing to sweeping job cuts, people briefed on the restructuring told Reuters.
Japan's economy shrank an annualised 7.1 percent in April-June from the previous quarter, more than a preliminary estimate, underscoring concerns the hit from an April increase in the sales tax may have been bigger than expected.
When Chinese e-commerce giant Alibaba Group Holding revealed plans earlier this year to go public on a U.S. stock exchange, financial advisers like Bob Mecca in Hoffman Estate, Illinois braced themselves for a wave of frantic calls from retail investors wanting to get in on the action.
