NEW YORK (Reuters) - Bonds of Citigroup Inc (C.N) gained after the largest U.S. bank said it is selling up to 4.9 percent of itself for $7.5 billion to the Gulf Arab emirate of Abu Dhabi.
The spread for Citigroup's 6.125 percent notes due in 2017 narrowed by 20 basis points on Tuesday to 185 basis points over U.S. Treasuries, according to MarketAxess data.
(Reporting by Walden Siew)
NEW YORK (Reuters) - About 13 million Time Warner Cable Inc subscribers were to lose most Fox programing at midnight on Thursday unless the cable service provider reached a last-minute deal to pay fees to News Corp to broadcast the shows.
Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch. Full Article
We make them and we break them: The secret to keeping them is to avoid the impossible dream. Full Article
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
