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Teachers group wins C$52 bln race for Canada's BCE

TORONTO (Reuters) - BCE Inc , Canada's largest telecommunications group, announced the biggest buyout in Canadian corporate history on Saturday, accepting an offer worth C$51.7 billion ($48.5 billion), including debt, from a group including the Ontario Teachers Pension Plan.



Carlyle lines up $8bln bid for Virgin Media: report

LONDON (Reuters) - Private equity group Carlyle is poised to launch an $8 billion bid for Britain's Virgin Media , the cable company whose largest shareholder is Richard Branson, the Sunday Telegraph newspaper said, citing City sources.


Mideast funds target Jaguar, Land Rover: report

LONDON (Reuters) - Middle Eastern investment funds are targeting Jaguar and Land Rover, the British luxury car brands that U.S. owner Ford Motor Co. is considering selling, the Observer newspaper said on Sunday.


Most iPhone owners gush but some have glitches

SAN FRANCISCO (Reuters) - Proud owners of Apple Inc.'s iPhone raved about their first day with the device on Saturday, but a glitch took the shine off the year's most anticipated device for a few unlucky customers.


Agility in $50 billion U.S. deal, stock up

KUWAIT (Reuters) - Kuwaiti logistics provider Agility said on Saturday it was part of a group with U.S. firm Dyncorp International which won a $50 billion deal from the U.S. military.


U.S. family tries living without China

SEATTLE (Reuters) - Lamps, birthday candles, mouse traps and flip-flops. Such is the stuff that binds the modern American family to the global economy, author Sara Bongiorni discovers during a year of boycotting anything made in China.


Jobs, subprime mess to rule July 4th week

NEW YORK (Reuters) - Investors are hoping the coming week brings some answers to the question of whether an improving U.S. economy unleashes inflationary forces, and one place to look will be in the June payrolls data.