Business – 09 February 2013

The Dell Deal May Die

Written by ANDREW BARY, Published on Barron’s

Shareholders are being pushed aside in the proposed Dell buyout. The big winner? Michael Dell, whose $3.7 billion stake could more than triple that in five years. But the company’s biggest outside investor opposes the deal.

EU leaders strike deal on long-term austerity budget

Written by Mark John and Peter Griffiths, Published on Reuters

European Union leaders reached agreement on the first ever cut in their common budget on Friday after 24 hours of talks, seeking to placate millions at home struggling through government cutbacks and recession.

ECB’s Visco Says Some Italian Lenders Still Need More Capital

Written by Andrew Frye & Lorenzo Totaro, Published on Bloomberg

European Central Bank council member Ignazio Visco said some medium to large Italian banks need more capital as the country’s recession drags on.

Findus unaware of horse in ‘beef’ for six months: Government calls summit over horsemeat scandal as minister demands answers

Written by Martin Hickman and James Legge, Published on The Independent

Minister blames ‘criminal activity’ for the contamination and promises to find culprits.

Mass. nuclear plant shuts down during snowstorm

Published on Standard Journal

The Nuclear Regulatory Commission says a power plant in Massachusetts has lost power and shut down during a massive snowstorm.

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