Apollo nearing deal to buy PetSmart for about $8 billion: Bloomberg

Apollo Global Management (APO.N) is nearing a buyout of PetSmart Inc (PETM.O) for about $8 billion in what would be the largest leveraged deal for a U.S. company this year, Bloomberg reported on Saturday, citing unnamed sources.


Italy seizes 556,000 euros in fake coins minted in China

Italian police on Friday seized 556,000 euros ($692,000) in fake euro coins minted in China from a ship container in the port city of Naples, investigators said.

Mazda to recall 52,000 cars in Japan over Takata air bags

Mazda Motor Corp (7261.T) said on Friday it would recall 52,000 cars in Japan to investigate potential defects in Takata Corp (7312.T) air bags.

Berkshire Hathaway buys oil logistics business Charter Brokerage

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Friday said it was buying oil industry logistics provider Charter Brokerage from private equity firm Arsenal Capital Partners.


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The U.S. Congress has cleared the way for global miners Rio Tinto (RIO.L) (RIO.AX) and BHP Billiton (BHP.AX) (BLT.L) to swap land with the government, which will allow them to build a long-delayed $6 billion copper mine in Arizona.
Cia Siderurgica Nacional SA, Brazil's largest diversified steelmaker, and a group of Asian partners agreed on Friday to move forward with a merger of their mining and logistics assets that would be completed next year.
Deals on clothing and cameras helped spur Canadian shoppers to spend more during the most recent Black Friday and Cyber Monday weekend than they did in 2013, according to a report by Canada's largest payments processor.
Talks on cutting trade tariffs on hundreds of information technology products collapsed on Friday, delaying and potentially scuppering a deal estimated to be worth $1 trillion to global trade.
Civil rights leader Reverend Al Sharpton will meet next week with Sony Pictures Entertainment Co-Chairman Amy Pascal and decide whether her emails about President Barack Obama's race warrant calling for her resignation.
Canadian consumers may have ended up paying higher prices for cellphones and wireless services because of contracts between Apple Inc's Canadian unit and domestic carriers, the Canadian Competition Bureau said in a court filing this week.
Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.
The U.S. Senate on Friday struggled to pass a $1.1 trillion spending bill that would avert a looming federal government shutdown, postponing a vote until Monday when procedural hurdles begin to evaporate.
The Federal Bureau of Investigation has warned U.S. businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institutions, according to a confidential agency document.
A fully operational Apple computer that company co-founder Steve Jobs sold out of his parents' garage in 1976 for $600 sold for $365,000 at Christie's on Thursday.