Industries
Financial Services & Real Estate
KDB ends talks with Goldman on Daewoo sale
SEOUL (Reuters) - A top shareholder in Daewoo Shipbuilding and Marine Engineering Co Ltd said on Sunday it had withdrawn from talks to have Goldman Sachs manage the sale of the South Korean shipbuilder. Full Article
Technology, Media & Telecommunications
Japan's arcade industry slumps as Wii takes off
TOKYO (Reuters) - Japanese superhero Ultraman vanquishes an evil enemy during a live performance at a Tokyo games arcade. But Ultraman's real battle is proving much harder -- enticing customers back to the nation's arcades. Full Article
Healthcare
PRESS DIGEST - Financial Times =3
The UK-based cancer drug developer Antisoma announced on Friday that it would pay 27 million pounds for Xanthus Pharmaceuticals of Boston. The deal will involve an all-share offer funded largely by a rights issue. Glyn Edwards, the chief executive, said: "This is a transforming deal. Combining Antisoma and Xanthus produces a company with the critical mass and mature pipeline needed to become a major player in oncology." Shares in Antisoma closed up 1.5 pence at 29 pence. Full Article
Consumer Goods & Retail
Canadian union accepts Chrysler labor deal
MONTREAL, May 17 (Reuters) - Canadian Auto Workers union members voted in favor of a three-year labor agreement with Chrysler [CBS.UL], the union said on Saturday. Full Article
Energy
Brazil Petrobras, Braskem eye $2.5 bln Peru plants
LIMA (Reuters) - Brazilian firms Petrobras and Braskem may invest up to $2.5 billion in petrochemical projects in natural gas-rich Peru, officials said on Saturday. Full Article
Industrials, Materials & Utilities
Austrian Airlines CEO open to majority takeover
VIENNA (Reuters) - The chief executive of Austrian Airlines was quoted on Saturday as saying he would be open to a majority takeover of Austria's national carrier if that were needed for it to prosper amid soaring fuel costs. Full Article
Industry Overviews:
Rankings, Financials, Statistics, Performance, and Significant Developments
Execs defend humans in high-tech markets
NEW YORK (Reuters) - The heads of the world's biggest stock exchanges agree there is still room for the "human element" in a high-speed trading environment that has aggressively gone electronic. Full Article
| Symbol | Bid | Ask |
|---|---|---|
| BRENT CRUDE | $0.00 | $0.00 |
| MINI GOLD | $902.50 | $903.10 |
| MINI SILVER | $17.01 | $17.04 |
