Deals of the Hour

Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / October 25, 2010, 6:40 pm

UK's Cooperative eyes life insurance arm sale-reports

LONDON (Reuters) - Britain's mutually-owned Cooperative Group is considering a sale of its life insurance business as part of a reorganization of its financial services division, newspapers reported on Sunday. The Cooperative, which runs businesses ranging ... (Source: Reuters 2010-10-24T11:31:28Z)

SGX Takeover of ASX Faces Political Hurdle

Singapore Exchange 's $8.3 billion takeover of Australia's ASX faced a hurdle on Tuesday after key political leaders voiced concern over the deal and hinted they may oppose it in Parliament. Australia's Greens Party, which holds the balance of power in the ... (Source: CNBC 2010-10-26T01:27:48Z)

From the Mayor's desk:

On behalf of the city of Laurinburg and its residents I want to thank everyone who has donated their time and efforts to the 2010 fall festivals and events. This year's Kuumba, Relay for Life, Highland Games and John Blue Festival continue to add no ... (Source: Laurinburg Exchange 2010-10-26T00:01:54Z)

Plane with 3 onboard missing in Washington state

CHEHALIS, Wash.— An FAA spokesman says an airplane is overdue in Washington state after losing power in one of its two engines. Spokesman Allen Kinetzer in Seattle says the Cessna 340A took off Monday morning from Chehalis, headed for Lewiston, Idaho ... (Source: Boston Globe 2010-10-25T17:28:12Z)

Dolphins still steaming about controversial loss to Steelers

DAVIE, Fla. -- Upon further review, the officiating crew in Sunday's Miami Dolphins - Pittsburgh Steelers contest made only one mistake on the game's pivotal play. That's small consolation to the Dolphins, who believe they were robbed of a win, which ... (Source: NFL 2010-10-26T00:16:13Z)

Plane with 3 onboard is missing

An FAA spokesman says an airplane is overdue in Washington state after losing power in one of its two engines. Spokesman Allen Kinetzer in Seattle says the Cessna 340A took off Monday morning from Chehalis, headed for Lewiston, Idaho. Kinetzer says the ... (Source: Salon 2010-10-25T17:13:53Z)

Palestinians, Jews race to plant West Bank

Olive tree by olive tree, Palestinian farmers and Jewish settlers are competing over the rocky hills of the West Bank, planting more of the gnarled evergreens to strengthen their hold on the land. Now in harvest season, the battle gets rough, with orchards ... (Source: AP - msnbc.com 2010-10-26T00:44:51Z)

CommScope Shares Pop Amid Carlyle Deal Talks

Shares in CommScope , the telecommunications equipment maker, jumped about 30 percent on Monday after the company confirmed a DealBook report that it was in talks to sell itself to the Carlyle Group . CommScope's shares hovered at about $30 as of ... (Source: New York Times Blogs 2010-10-25T15:55:09Z)

Canadian at Gitmo pleads guilty to all charges

GUANTANAMO BAY NAVAL BASE, Cuba -- Eight years after he was taken to Guantanamo as a teenage prisoner, a Canadian pleaded guilty Monday to killing a U.S. Army sergeant during a battle in Afghanistan, in a deal that will send him home in a year to serve his ... (Source: Forbes 2010-10-26T00:09:04Z)

Iran says to sign $5 bln gas deal with foreign firm

TEHRAN Oct 25 (Reuters) - Iran will soon sign a $5 billion contract with a foreign company to develop its offshore Farzad-B gas field, the Oil Ministry's website SHANA said on Monday. The report did not name the company, but India's state-run Oil and ... (Source: Reuters 2010-10-25T11:37:27Z)

Fear for 100 Furness jobs as travel agents merge

THE future of around 100 Furness jobs is uncertain following the announcement that Thomas Cook and Cooperative Travel are to merge. The firms have warned that some shops will close in the deal. Nothing is expected to happen until Christmas, by which time ... (Source: North West Evening Mail 2010-10-08T23:53:26Z)

Summary Box: Singapore bourse bids $8.3B for ASX

THE DEAL: The Singapore Exchange Ltd. has offered to pay $8.3 billion in cash and shares for the operator of the Australian bourse, Australian Securities Exchange Ltd. The companies hope to complete the deal in the second quarter of 2011 after getting ... (Source: AP - msnbc.com 2010-10-26T01:20:39Z)

Iran stops fully refueling British planes in retaliation against oil agreement

TEHRAN - In retaliation for an agreement between the United States and European oil companies that has made it impossible for Iran's national airline to refuel its planes in most of Europe, the Islamic Republic has stopped fully providing the only British ... (Source: Washington Post 2010-10-25T22:50:19Z)

Singapore ASX Bid Raises National Interest Concern, Hockey Says

Oct. 26 (Bloomberg) -- Singapore Exchange Ltd.'s A$8.4 billion ($8.3 billion) bid for Australian rival ASX Ltd. raises national interest concerns, opposition treasury spokesman Joe Hockey said, becoming the second Australian lawmaker to question the deal ... (Source: BusinessWeek 2010-10-25T23:26:07Z)

Dolphins claim they got 'raw end of deal' in loss to Steelers

DAVIE, Fla. (AP) — Upon further review, the Dolphins-Steelers officiating crew made only one mistake on the pivotal play of the game. That's small consolation to the Dolphins, who felt as though they were robbed of a win by "Stealers." The lone ... (Source: USA Today 2010-10-25T23:26:07Z)

CommScope in buyout talks

The maker of communications cables said it has a "potential agreement" with the Carlyle Group private equity firm, which has offered $31.50 a share in cash, or about $3 bil. CommScope (NYSE: CTV - News ) said there's no guarantee a buyout deal will be ... (Source: Yahoo Finance 2010-10-25T22:43:10Z)

Steelers win after contested call

NEW YORK (Reuters) - A controversial call that set up a Pittsburgh Steelers victory on Sunday will be the newest topic for fans and experts to debate one week after devastating hits grabbed headlines and forced the NFL to change its rules. The ruling ... (Source: Reuters 2010-10-26T00:16:13Z)

Scotland's Priciest Home for Sale Gets Cheaper After Second Cut

Oct. 12 (Bloomberg) -- Scotland's most expensive house for sale, an 18th-century mansion with 85 rooms, had its price slashed for the second time this year as the global economic slump curbs the enthusiasm of millionaire buyers. The owner of Yester House ... (Source: BusinessWeek 2010-10-12T06:02:06Z)

Iran Curtails Western Studies; Philosophy Day in Tehran Draws Criticism

The Iranian government says it will curtail the study of western traditions, including philosophy, being taught in Iran.  The statement is likely to increase the controversy over UNESCO's decision to hold this year's World Philosophy day in Tehran. Many ... (Source: Voice of America 2010-10-25T19:22:44Z)

UK's Cooperative eyes life insurance arm sale-papers

LONDON, Oct 24 (Reuters) - Britain's mutually-owned Cooperative Group is considering a sale of its life insurance business as part of a reorganisation of its financial services division, newspapers reported on Sunday. The Cooperative, which runs businesses ... (Source: Reuters 2010-10-24T11:10:00Z)

Factbox - Canadian's Guantanamo trial ends with plea deal

GUANTANAMO BAY U.S. NAVAL BASE, Cuba (Reuters) - Canadian captive Omar Khadr accepted a plea bargain at the Guantanamo Bay U.S. Naval Base in Cuba on Monday, averting what might have been the first contested trial in the U.S. war crimes court during Barack ... (Source: Reuters UK 2010-10-25T13:53:27Z)

Pakistan resists U.S. push to expand fight

ISLAMABAD, Pakistan - Pakistan's foreign minister said Sunday that his country will deal with a key Taliban sanctuary along the Afghan border on its own timeline despite increasing U.S. pressure to move swiftly to help turn around the war in Afghanistan ... (Source: AZCentral.com 2010-10-25T07:26:54Z)

Plane missing in Lewis County

CHEHALIS, Wash. -- An FAA spokesman says a plane is overdue in Lewis County after taking off from Chehalis and losing power in one of its two engines. Spokesman Allen Kinetzer in Seattle says the Cessna 340A took off Monday morning, headed for Lewiston ... (Source: Seattle Post Intelligencer 2010-10-25T16:52:25Z)

Canadian pleads guilty to killing a U.S. soldier

GUANTANAMO BAY NAVAL BASE, Cuba | A Canadian accused of killing an American soldier as a teenage al Qaeda militant pleaded guilty Monday as part of a deal that avoids a war crimes trial for someone labeled a "child soldier" by his defenders. Omar Khadr ... (Source: Washington Times 2010-10-25T23:54:45Z)

Pakistan unmoved by US pressure

ISLAMABAD — Pakistan's foreign minister said yesterday that his country will deal with a key Taliban sanctuary along the Afghan border on its timetable despite increasing US pressure to move swiftly to help turn the war in Afghanistan around. Foreign ... (Source: Boston Globe 2010-10-25T06:36:48Z)

Scotland + Venice Announces Karla Black to Represent Scotland at 54th Venice Biennale

EDINBURGH.- Scotland + Venice announced that Karla Black has been chosen to represent Scotland at the 54th International Art Exhibition at the Venice Biennale, the world's largest and most prestigious showcase for contemporary visual arts. The exhibition ... (Source: Art Daily 2010-10-25T17:42:31Z)

Carlyle Group in talks for $3 billion bid for CommScope

The Carlyle Group is in talks to buy telecommunications equipment maker CommScope for $3 billion, the latest in a string of billion-dollar deals by the District buyout firm. CommScope on Monday confirmed the discussions, which it said could result in ... (Source: Washington Post 2010-10-26T00:23:23Z)

Pakistan to U.S.: We have own agenda

ISLAMABAD - Pakistan's foreign minister said yesterday that his country will deal with a key Taliban sanctuary along the Afghan border on its own timeline despite increasing U.S. pressure to move swiftly to help turn around the war in Afghanistan. Foreign ... (Source: Philadelphia Daily News 2010-10-25T06:58:16Z)

West Bank building freeze deal rejected

JERUSALEM – Israeli Prime Minister Benjamin Netanyahu offered on Monday to extend a freeze on building in West Bank settlements if the Palestinian leadership declares that it recognizes Israel as the Jewish state. The offer was promptly rejected by the ... (Source: Dallas Morning News 2010-10-12T13:25:55Z)

Palestinians say Israeli settlements are unilateral steps, so we can take them too

BETHLEHEM, West Bank - The Palestinian president says Israel's prime minister should not warn him against taking unilateral steps when Israel has been building West Bank settlements on its own for decades. Mahmoud Abbas was referring to a statement by ... (Source: Minneapolis Star Tribune 2010-10-25T15:40:50Z)

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