Reuters - Japanese electronics maker Panasonic Corp (6752.T) is in talks with Goldman Sachs and two other major shareholders of Sanyo Electric Co Ltd (6764.T) to buy a controlling stake in its smaller rival, company and financial sources said on Saturday.
Reuters - Japanese electronics maker Panasonic Corp (6752.T) plans to begin talks to take control of smaller rival Sanyo Electric Co (6764.T), the Nikkei business daily reported on Saturday.
Reuters - Wall Street hopes to turn a new page as it heads into November, but next week is littered with hurdles ranging from the U.S. presidential election to a likely gloomy jobs report.
Reuters - Americans slashed spending and the country's business outlook weakened but there were signs of stabilization in global markets on Friday, with interbank rates falling and U.S. stocks posting their best week in 34 years.