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 / May 31, 2011, 8:42 am

Qatar takes majority stake in Paris Saint-Germain FC

The deal gives the 2022 World Cup host nation 70 per cent of PSG, against 30 per cent for Colony. 'We looked for the best partner to ensure a place in history for PSG,' Sebastien Bazin, head of Colony Capital in Europe said in a statement. 'We found that ... (Source: Monsters and Critics 2011-05-31T15:32:50Z)

Massey Investors Lose State Court Bid to Bar Vote on $7 Billion Buyout

The West Virginia Supreme Court of Appeals in Charleston today rejected a request by some Massey shareholders to put off an approval vote on the deal so investors can more thoroughly study Alpha's cash-and-stock offer. A California pension fund that ... (Source: Bloomberg 2011-05-31T15:32:50Z)

Indian GDP Growth Slows to 7.8%; Pressure for Rate Rises Stays

Sales at Maruti Suzuki rose 4.4 percent in April, the least in 28 months, the company said May 2. Home-sale registrations in Mumbai fell 30 percent in April from a year earlier, dropping to a 23-month low, according to a May 17 report by brokerage ... (Source: BusinessWeek 2011-05-31T06:00:10Z)

Intel Launches New Class of 'Ultrabook' Laptops

It will take time for the systems to evolve, however. An initial crop of Ultrabook PCs will go on sale from PC makers in time for the holiday shopping season at the end of this year. Based on Intel's existing Core processors, they will be less than 20mm (0 ... (Source: CIO 2011-05-31T05:10:03Z)

Margarita mix for beginning investors

So I fully expect that at some point you'll settle on a more challenging and rewarding pursuit. But since you're enamored of this fantasy, why not use it to your advantage? Toward that end I'm going to recommend a way to get started that is so simple that ... (Source: CNN Money 2011-05-31T15:18:31Z)

Playing the heel: Mets send Dickey to the mound vs. Pirates

Bay will face his former Pirates club for the first time since he was traded to Boston in a three-team deal on July 31, 2008. Bay is the only Rookie of the Year in Pittsburgh history. The Mets are 11-6 in their last 17 home games and will also host Atlanta ... (Source: 9News 2011-05-31T15:04:12Z)

Heroes of Ruin officially announced for early 2012 release

The Square Enix Group operates a global network of leading development studios and boasts a valuable portfolio of intellectual property, including: FINAL FANTASY®, which has sold over 97 million units worldwide; DRAGON QUEST®, which has sold over 58 ... (Source: Joystiq 2011-05-31T15:32:50Z)

W.Va. court rejects bid to halt Massey Energy sale

The West Virginia Supreme Court has declined to issue an order barring Massey Energy shareholders from voting on a proposed $7.1 billion sale to rival coal producer ... Wednesday's shareholder vote. The deal is expected to close pending approval by ... (Source: Washington Examiner 2011-05-31T15:04:12Z)

Algeria imported 285,337 vehicles in 2010, an increase of 2.68% y-o-y

However, as we have stated before, one feature of the Algerian autos market is that there can be a slight time delay between cars being imported into the country and their eventual sale and registration. To underline this point, the country's office of ... (Source: Transworld News 2011-05-31T15:32:50Z)

UPDATE 1-Lloyd's insurer Novae eyes merger with rival Omega

LONDON, May 31 (Reuters) - Lloyd's of London insurer Novae ( NVA.L ) is examining a merger with rival Omega ( OIH.L ), in a deal which could create an enlarged group with a combined market capitalisation of some 420 million pounds ($692 million). (Source: Reuters 2011-05-31T06:21:38Z)

Now renting: luxe condos built for the global rich

Since 2007, not one of the building's sleek condos, with their Bosch appliances and Del Tango cabinetry, had made it out of escrow and into a final sale, despite the fact that the plush residence sits in the middle of Silicon Valley, one of the U.S.'s top ... (Source: Bismarck Tribune 2011-05-31T14:57:02Z)

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