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Perfect Payrolls - Business News FeedCourtesy of Reuters.com BHP Billiton mum on possible Gabon iron ore dealMELBOURNE (Reuters) - BHP Billiton declined to comment on Monday on reports it has reached a deal to develop an iron ore mine in Gabon, which could add more than 1 billion tonnes to the world's third biggest iron ore miner's resources. Related Stories
Read More Glencore offers 8 percent premium to Xstrata to seal merger - FT(Reuters) - Commodities trader Glencore International is set to offer a bigger-than-expected premium to seal its proposed $88 billion (55 billion pounds) merger with global miner Xstrata Plc, the Financial Times reported on Monday. Related Stories
Read More Stocks rise as U.S. jobs gain outweighs fearsTOKYO (Reuters) - Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone crisis. Related Stories
Read More SS&C may scupper TPG's bid for GlobeOp(Reuters) - Financial software provider SS&C Technologies Holdings Inc is eyeing GlobeOp Financial Services SA and has urged the hedge fund administrator's shareholders not to accept a 508 million pound takeover by TPG Capital . Related Stories
Read More France, German leaders meet amid euro, Syria crisesPARIS (Reuters) - The French and German leaders meet on Monday in Paris for annual talks in which they will seek further economic coordination in the crisis-hit European Union and discuss the escalating violence in Syria. Related Stories
Read More Bank lending to shrink in 2012 - Ernst & YoungLONDON (Reuters) - Total bank lending in Britain is set to shrink for the first time since 2009 this year, and the lack of credit from mainstream banks will help payday loan firms grow further, a survey by the Ernst & Young ITEM club said on Monday. Related Stories
Read More Hiring by smaller banks spurs finance job marketLONDON (Reuters) - Job vacancies in London's finance sector grew threefold in January compared to a dismal end to 2011, as small and medium sized banks and fund managers looked to pick up staff flooding out of investment banks in retreat, a report showed. Related Stories
Read More Premier Wen says China needs to help Europe - reportSHANGHAI (Reuters) - Chinese Premier Wen Jiabao said that China needs to help Europe stabilise its markets due to strategic considerations in its relations with the region, the official China Securities Journal reported on Monday. Related Stories
Read More Greek parties face Monday EU bailout deadlineATHENS (Reuters) - Greece's coalition parties must tell the European Union on Monday whether they accept the painful terms of a new bailout deal as EU patience wears thin with political dithering in Athens over implementing reforms. Related Stories
Read More Euro zone insists no Greek rescue without reformsBRUSSELS (Reuters) - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second financing package from the euro zone and the IMF. Related Stories
Read More Glencore, Xstrata hammering out final deal detailsCAPE TOWN/LONDON (Reuters) - Top executives at trader Glencore and miner Xstrata are hammering out the final details of an $80 billion (50 billion pounds) tie-up to seal the industry's largest ever takeover, which could be announced as early as Tuesday. Related Stories
Read More Vodafone set to abandon Greek merger plans - FTLONDON (Reuters) - Telecoms giant Vodafone is set to abandon attempts to merge its Greek business with rival Wind Hellas over concerns that the deal would not meet EU regulations, the Financial Times reported on Sunday. Related Stories
Read More Olympus ex-CEO Woodford sees more revelationsTOKYO/LONDON (Reuters) - Official investigations into a massive fraud at Japan's Olympus Corp are highly likely to lead to further revelations on the scandal soon, according to the firm's former chief executive, Michael Woodford, who blew the whistle on the affair. Related Stories
Read More Analysis: India ruling to trigger telecoms industry shakeoutMUMBAI/NEW DELHI (Reuters) - Vodafone , for one, is wasting little time in capitalising on a blockbuster Indian court verdict that's likely to shake up the world's second-largest mobile phone market. Related Stories
Read More Merger fails, but D.Boerse CEO says allies a mustFRANKFURT (Reuters) - Deutsche Boerse does not believe it can survive in the long term without a new partner despite the collapse of its proposed $7.4 billion merger with NYSE Euronext , its chief executive told a German newspaper. Related Stories
Read More Local firms vie for Yum's slice of the China marketBEIJING (Reuters) - Four floors up overlooking the bustle of the cavernous Joy City Mall in Beijing, diners take a break from shopping to slurp noodles and nibble on dumplings at an Ajisen restaurant. Related Stories
Read More Europe's shadow darkens outlookWASHINGTON (Reuters) - A renewed focus on Europe's banking and debt crisis may quickly sap the nascent optimism about global economic prospects that followed a remarkably solid U.S. January employment report. Related Stories
Read More ET, the new alien scaring global markets(Reuters) - The United States is coming to be seen as a global threat, acting unilaterally with aggressive new market rules that critics say will hurt U.S. firms, foreign banks, and international markets in one swoop. Related Stories
Read More EU/IMF to let Ireland invest privatisation cash - PMDUBLIN (Reuters) - Ireland's EU/IMF lenders have agreed to let it invest much of the cash it gets from privatisation rather than use it to pay down debts, if the proceeds are substantial, the Irish prime minister said on Sunday. Related Stories
Read More Deutsche Boerse board member wants CEO out - paperFRANKFURT (Reuters) - Deutsche Boerse's chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext , a member of the German exchange operator's supervisory board told a newspaper. Related Stories
Read More Slowing growth weighs on Mideast M&A values - reportABU DHABI (Reuters) - Mergers and acquisitions in the Middle East and North Africa rose slightly in 2011, but the combined value of deals fell by more than a quarter as slower economic growth weighed on prices, Ernst & Young said on Sunday. Related Stories
Read More Most Germans want Greece to quit euro - pollBERLIN (Reuters) - The majority of Germans feel the euro currency bloc would be better off if debt-crippled Greece left it, a poll published in mass-selling newspaper Bild am Sonntag showed on Sunday. Related Stories
Read More Wen says China has stake in helping EuropeBEIJING (Reuters) - China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as a market and hinting at more possible support for beleaguered exporters. Related Stories
Read More Petroplus Coryton plant to receive crude tankerGENEVA (Reuters) - Petroplus's UK administrator said on Sunday that it had bought a cargo of crude oil for processing at its Coryton plant as it seeks to conclude negotiations with interested parties to save the plant. Related Stories
Read More France says Greek PSI talks going "relatively well"PARIS (Reuters) - France's finance minister said on Sunday talks were moving "relatively well" on the private sector portion of a Greek bailout, but discussions designed to bring its debt down to 120 pct of GDP level by 2020 were difficult. Related Stories
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