U.S. data, Europe woes to set tone

NEW YORK - Investors will grapple next week with major U.S. economic reports and the looming possibility of a Greek exit from the euro zone, which is likely to keep dragging on equities for weeks to come.

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Use social media in your job search

BOSTON - The widespread use of social media - including more playful sites like Facebook and Twitter, as well as the business-focused LinkedIn - is becoming a powerful force in many job searches, says Harvard Business Review.

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China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

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Khazanah to offer around S$3.95/share for Parkway: sources

SINGAPORE | Sun Jul 25, 2010 11:21pm EDT

SINGAPORE (Reuters) - Malaysian state investor Khazanah is set to make an offer for all outstanding shares of Singapore healthcare firm Parkaway Holdings PARM.SI at a price of around S$3.95 (S2.88) per share, sources with knowledge of the deal said on Monday.

Khazanah is locked in a bidding war for control of Parkway with India's Fortis Healthcare (FOHE.BO). It has previously made a partial offer to acquire 51.5 percent of Parkway at a price of S$3.78 ($2.72) per share.

Fortis has countered with a bid of $3.80 and Khazanah has until later on Monday to respond.

Fortis and Khazanah each currently own about 25 percent of Parkway.

(Reporting by Saeed Azhar; Editing by Raju Gopalakrishnan)
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