Anonymous sources
Reuters India
No check-in queue as global airlines wary of India - Reuters India
"There's absolutely no reason to be bullish on airlines," said a Mumbai-based analyst with a local brokerage, who did not wish to be identified. "Unless fuel and other dollar-denominated costs come down, nobody's going to invest in these companies, ...
Glencore and Xstrata in $80 bln takeover talks - Reuters India
"I don't see any scenario where a nil-premium merger will get shareholder approval," said one top-five shareholder, who declined to be named because of the sensitivity of the matter. "We still haven't seen Glencore's Q4 figures either and there's a bit ...
Dealtalk: Roche, Illumina hunker down for takeover battle - Reuters India
There's room for a protracted wait-them-out strategy as Roche puts pressure on Illumina's board," said one arbitrageur, who declined to be named because he was not authorized to speak with the media. Even if the two companies reach a deal, ...
Chinese forces break up Tibetan protest with tear gas: group - Reuters India
... one is to show my solidarity with people who have self-immolated since 2009, and the second is, that I have the same resentment that the people who immolated themselves had'," said the source, who requested anonymity to protect his contact.
Cruise ship wreck probe may widen - captain's lawyer - Reuters India
Frank and Pier Luigi Foschi, chairman and chief executive of Costa Cruises, met some of families of the victims of the tragedy on Giglio island on Sunday, the source said. Costa Cruises has not received any notification that it is being investigated, ...
Kroes to close UK online privacy inquiry as new rules emerge - source - Reuters India
... European Commission (EC) will on Wednesday end an infringement procedure against the UK for failing to protect internet users' privacy, the same day as the EC unveils stricter privacy controls, an official close to Commissioner Neelie Kroes said. ...
INSIGHT - In MF Global, JPMorgan again at center of a financial failure - Reuters India
The delays contributed to a serious cash shortage at MF Global, according to people familiar with the matter. These people say the firm started trading one day in late October with $600 million in cash and spent the whole day selling securities, ...
China hands 10 years to writer for subversion - Reuters India
The court in Wuhan in central China tried Li Tie in April last year but only declared him guilty on Tuesday of "subversion of state power ," the relative , who declined to be named for fear of retribution, told Reuters by telephone. ...
Suspicion grows China was behind hack of US commission - Reuters India
But US officials who spoke to Reuters on condition of anonymity said the roundabout way the commission's emails were obtained strongly suggests the intrusion originated in China, possibly by amateurs, and not from India's spy service. ...
For rudderless Olympus, swift takeover is unlikely - Reuters India
Private equity fund TPG Capital is also willing to invest about $1 billion in a joint deal with a strategic investor, a source said last week. SOFTLY, SOFTLY But bankers and rivals in private equity cast doubt on the feasibility of such a deal. ...
Dealtalk:ThyssenKrupp close to sale of stainless steel unit - Reuters India
"A sale is more likely than the other options," said a second investment banker involved in the deal, who requested anonymity because he was not authorized to speak on the record. The key question is who, then, would be keen to snap up Thyssen's ...
US SEC tightens leash on exchanges post 'flash crash' - Reuters India
People who knew of the agreements, and spoke on condition of anonymity, said they were intended to compel exchanges to leave their differences aside for the good of the public markets. Some said they were also meant to stop leaks to the media about the ...
New Afghanistan assessment reflects split US views - Reuters India
A US official, speaking on condition of anonymity, said the new National Intelligence Estimate on Afghanistan concluded that a stepped-up Western military campaign had done real damage to the Taliban's military prowess but "not enough so to change ...
Potential suitors circle American Airlines - sources - Reuters India
These parties have been following AMR's bankruptcy proceedings closely to evaluate a prospect for a merger or tie-up with American Airlines, the sources said. The sources, however, cautioned that any deal is unlikely to materialize before AMR is close ...
GM, German union in talks to restructure Opel - Reuters India
One idea would be shifting production of the high-volume Chevy Cruze small car to Gliwice, Poland, and then swapping production from that Opel plant to others in Western Europe, according to the sources, who asked not to be identified discussing union ...
Assad promises victory, Syria accused of war crimes - Reuters India
A second monitor, who declined to be named, told Reuters he was also planning to leave because the mission was proving ineffectual in ending civilians' suffering. US Secretary of State Hillary Clinton said the mission could not go on indefinitely and ...
Bankers say RBI unlikely to cut CRR in policy review - report - Reuters India
RBI deputy governor Subir Gokarn told bankers that, "lowering CRR will be contradictory to the anti-inflationary stance," the paper quoted the chairman of a bank, who did not want to be identified, as saying. "He (Gokarn) said liquidity is quite ...
Gunmen attack Egypt hotel, no injuries - sources - Reuters India
The men may have been trying to rob a jewellery shop at the hotel in the Taba Heights resort in South Sinai, the security sources said. There were no injuries in the attack but several Israelis staying at the hotel cut short their vacations to return ...
MF Global sold assets to Goldman before collapse - sources - Reuters India
But it did not immediately receive payment from its clearing firm and lender, JPMorgan Chase & Co, one of the sources said. The sale of securities to Goldman occurred on October 27, just days before MF Global Holdings Ltd filed for bankruptcy on ...
EXCLUSIVE - Exxon to sell Tonen stake in retreat from Japan-sources - Reuters India
While holding on to a reduced stake, Exxon plans to keep supplying oil to TonenGeneral, the sources said. TonenGeneral plans to borrow money from several banks to finance the purchase of its shares from Exxon, the sources said. The companies could make ...
Terry plans legal action over Indian anti-smoking picture - Reuters India
"The health ministry of the government has already issued a clarification on the issue, saying it has got nothing to do with John Terry," the official from the Directorate of Audio and Visual Publicity, who asked to remain anonymous, said by telephone. ...
EXCLUSIVE - US mulls transfer of Taliban prisoner in perilous peace bid - Reuters India
"I can tell you that the hair on the back of my neck went up when they walked in with this a month ago, and there's been very, very strong letters fired off to the administration," the official said on condition of anonymity. ...
Dealtalk: US antitrust bodies flex muscle as firms test limit - Reuters India
"I do think today those deals would be blocked," the source said. FASTER RESPONSE The Justice Department has also become faster in making up its mind about applications for antitrust clearance. When Nasdaq, for example, launched a hostile bid to buy ...
Govt still to decide on extra borrowing in fiscal H2 - source - Reuters India
The official, who declined to be named, said the government is still to decide whether to announce additional market borrowing in the second half of the fiscal year that ends in March 2012. New Delhi on Monday said it will sell 150 billion rupees of ...
Egypt's military rulers study plan to speed up vote - Reuters India
A source close to the army said the military council, including leader Field Marshal Mohamed Hussein Tantawi, was meeting to decide on what was needed to speed up the Shura vote. "Other changes will have to take place if this plan passes, ...