COLUMN-Let market decide GM Europe's future: Paul Taylor

By Paul Taylor

PARIS, March 12 (Reuters) - With massive overcapacity in the automobile sector, European governments would be well advised to let the market decide the fat ...[more]

UPDATE 1-No decision on Nortel breakup - source

By Wojtek Dabrowski

TORONTO, March 12 (Reuters) - Nortel Networks Corp NT.TO is still working on a strategy that will see it emerge from bankruptcy protection, even as the beleaguer ...[more]

UPDATE 3-Gilead pulls CV Therapeutics from jaws of Astellas

By Toni Clarke

BOSTON, March 12 (Reuters) - Gilead Sciences Inc () said on Thursday it has stepped in to acquire CV Therapeutics Inc CVTX.O for about $1.4 billion, rescuing the comp ...[more]

UPDATE 9-Roche's $46.8 bln Genentech deal outshines others

* Boosts EPS in yr one; gives control of top cancer drugs

* Roche does not expect to lose Genentech employees

* Roche stock rises 1.3 pct, Genentech up 2.0 pct (Recasts t ...[more]

US STOCKS SNAPSHOT-Health care, financials boost Wall St
) credit rating by just one notch below "AAA" and signaled no further downgrades loomed while data suggested some stabilization in consumer spending.

* The S&P 500 financials i ...[more]

RPT-Nortel, NSN have talked about sale of units-source

March 12 (Reuters) - Nokia Siemens Networks has held talks with Nortel NT.TO over some of the businesses the struggling Canadian firm plans to sell, but no decisions have been made on either ...[more]

Nortel, NSN have talked about sale of units-source

March 12 (Reuters) - Nokia Siemens Networks has held talks with Nortel NT.TO over some of the businesses the struggling Canadian firm plans to sell, but no decisions have been made on either ...[more]

Nortel working on emerging from bankruptcy -source

"There haven't been any decisions" made regarding breaking up and selling the company and Nortel wants to present a "concrete" analysis of its assets to its creditors in April, the source sa ...[more]

FACTBOX-Russia's richest see wealth tumble

Full article ...[more]
UPDATE 3-Saab cuts 750 jobs, says eyed by Swedes, Chinese

* Says Swedish group of investors interested in buying group

* Says Chinese investors could be among potential bidders (Adds spokesman, union rep comments, background)

By ...[more]

Client countries to discuss A400M project Thursday

The official, who requested anonymity, said a formal decision on the project would be taken at a March 20 meeting between national procurement chiefs and European procurement agency OCCAR. ...[more]

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