Business – 3 December 2012

Delta, Seeking London Access, Ponders a Stake in Virgin Atlantic

Written by Jad Mouawad and Michael J. DE LA Merced, Published on NY Times

Delta Air Lines is in talks to buy Singapore Airlines’ 49 percent stake in Virgin Atlantic Airways, in an effort to bolster its international operations, particularly flights between New York and London, a person briefed on the matter said on Sunday.

UBS to Pay More Than $450 Million to Settle Libor Rigging Probe -Report

Published on NASDAQ

UBS AG (UBS) is close to a settlement with U.S. and U.K. authorities and is expected pay more than $450 million over claims that some of its employees reported false Libor rates to boost the bank’s profit, the New York Times reported Sunday, citing anonymous officials briefed on the matter.

Black bear hunt begins with decreased bruin population

Written by Kathryn Brenzel, Published on The Express-Times

Black bear populations have decreased in the past few years, prompting some to label New Jersey’s annual black bear hunt a success and others to decry it as a trophy pursuit.

UK manufacturing contraction eases, orders still fall

Written by Jonathan Cable, Published on Fox Business

British manufacturing activity shrank less than expected in November though the sector remained fragile as orders edged down, a survey found on Monday.

Greece Offers to Buy Back Debt

Written by Alkman Granitsas, Published on WSJ

Greece’s debt agency said Monday it plans to buy back up to €10 billion ($12.99 billion) worth of the country’s outstanding debt as part of efforts to trim the country’s towering debt burden.

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