SYDNEY, April 14 (Reuters) - Oil and gas explorer Arc Energy Ltd ARQ.AX said on Monday it is in talks with Australian Worldwide Exploration Ltd (AWE) (AWE.AX) about a possible takeover bid by AWE, though a formal offer has not been received.
Arc was responding to a report in the Sydney Morning Herald earlier that AWE was planning a takeover offer worth about A$500 million ($463 million). ($1=A$1.08) (Reporting by Victoria Thieberger)
BRUSSELS (Reuters) - The European Union is considering making banks pay for an emergency wind-up fund in case one of them goes bust, in an effort to prevent another spiral like the one that followed the Lehman Brothers collapse.
President Obama is making a last-ditch push for healthcare reform, with the success of his presidency riding on the outcome. Full Article
The yuan debate is exposing dangerous illiteracy among policymakers: Despite the jobs boost for Americans, it would also cut our living standards. How? Commentary
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.
