Amplats cuts production and capex targets

JOHANNESBURG (Reuters) - Anglo American Platinum , the world's top platinum producer, said on Monday it was reducing its full-year production and project spending targets, hit by chronic weakness in prices and demand for the precious metal.


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F&N hires Goldman to advise on Heineken's bid for beer maker

SINGAPORE (Reuters) - Singapore conglomerate Fraser and Neave (F&N) has hired Goldman Sachs to weigh Heineken NV's $6 billion bid for Asia Pacific Breweries (APB) as the takeover battle for the maker of Tiger Beer intensifies, sources said.


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Indebted Valencia asks Spain government for help, markets jolted

MADRID (Reuters) - Spain's heavily indebted eastern region of Valencia said on Friday it would need financial help from Madrid, spooking financial markets and complicating central government efforts to stave off a full-blown sovereign bailout.


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GE second quarter profit tops Wall Street view

(Reuters) - General Electric Co on Friday reported a 2.5 percent rise in profit from continuing operations, topping Wall Street expectations, as solid demand in the United States and emerging markets offset weakness in Europe.


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