Business Today: GE to buy UK oil pipemaker Wellstream for $1.3 billion

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	12/13/2010
Good Morning Aron LATEST NEWS GE to buy UK oil pipemaker Wellstream for $1.3 billion LONDON (Reuters) - General Electric Co has agreed to buy British oil drilling pipe-maker Wellstream Holdings Plc for 800 million pounds ($1.3 billion), as GE continues its push into the offshore oil services industry. | Full Article Fed vs Obama: rates up on tax deal December 13, 2010 08:05 AM ET WASHINGTON (Reuters) - What the Federal Reserve giveth, Obama taketh away. | Full Article Grocery chain A&P files for bankruptcy December 13, 2010 07:51 AM ET NEW YORK (Reuters) - Grocery store chain Great Atlantic & Pacific Tea Co filed for bankruptcy on Sunday, drained of cash by tough competition and a sluggish economic recovery. | Full Article Sanofi extends $18.5 billion Genzyme offer to January 21 December 13, 2010 08:30 AM ET PARIS (Reuters) - Sanofi-Aventis has extended its snubbed $18.5 billion cash bid for U.S. biotech group Genzyme by six weeks, buying the French drugmaker time to persuade its reluctant target to talk. | Full Article Futures gain as China refrains from raising rates December 13, 2010 08:24 AM ET NEW YORK (Reuters) - Stock index futures rose on Monday after China held off on raising interest rates over the weekend despite high inflation pressure. | Full Article US TOP NEWS Senate nears key vote on Obama tax package December 13, 2010 07:50 AM ET WASHINGTON (Reuters) - The Democratic-led Congress moved on Monday toward grudging approval of President Barack Obama's deal with Republicans to extend expiring tax cuts, even for the wealthiest Americans. | Full Article Stockholm bomber aimed for major targets: prosecutor December 13, 2010 07:38 AM ET STOCKHOLM (Reuters) - A Middle East-born man who died in a blast in Stockholm was wearing an explosives belt and likely intended to attack a crowded train station or department store when the device went off prematurely, an official said. | Full Article BofA looks to sell toxic mortgages worth $1 billion: report December 13, 2010 05:41 AM ET BANGALORE (Reuters) - Bank of America Corp has put up for sale at least $1 billion worth of toxic mortgage assets, the New York Post said on Monday, citing sources. | Full Article WikiLeaks founder Assange says Pentagon plans prosecution December 12, 2010 05:40 PM ET STOCKHOLM (Reuters) - WikiLeaks founder Julian Assange, who angered Washington by releasing secret cables, said in a documentary on Sunday he faced prosecution by the United States and was disappointed with how Swedish justice had been abused. | Full Article Berlusconi warns of crisis ahead of crucial vote December 13, 2010 07:27 AM ET ROME (Reuters) - Italian Prime Minister Silvio Berlusconi told members of parliament they risked plunging Italy into the middle of the euro zone's debt crisis if they voted against him in a no-confidence vote due on Tuesday. | Full Article HEALTH NEWS Stem cells used to make pancreas, gut cells Cytokinetics drug helps ALS patients in small trial Intercell kills diarrhea vaccine after study Amgen, Actelion CEOs met, no offer made: report Ten dead as H1N1 flu returns to Britain RELATED VIDEO Gradual China rate hike best-advisor Bad loans, bureaucrats bedevil China Finland, Russia linked by supertrain A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Egypt to reopen beaches after deadly shark attack Full Article - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend