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Deals of the Hour / October 7, 2010, 1:41 am

American Airlines, British Airways And Iberia Announce Better Deal For Trans-Atlantic Flyers

LONDON , Oct. 6 /PRNewswire/ -- More access to cheaper fares, bigger choice of flight times and easier connecting journeys will become reality for transatlantic flyers with the launch of the new joint business between American Airlines, British Airways and ... (Source: Street.Com 2010-10-07T00:17:17Z)

Potash Slams Report on BHP Takeover Bid

Potash Corp. slammed a report commissioned by the province of Saskatchewan that favors BHP Billiton 's $39 billion offer for the fertilizer maker over a potential bid from a state-owned Chinese entity. The company, based in Saskatoon, Saskatchewan, said ... (Source: New York Times Blogs 2010-10-06T07:13:39Z)

Televisa Invests $1.2 Billion for a Stake in Univision

Univision, the leading Spanish-language television network in the United States, will retain the rights to popular telenovelas produced by the Mexican television giant Grupo Televisa for another 15 years. In a deal announced Tuesday, Televisa will invest $ ... (Source: New York Times 2010-10-06T01:58:41Z)

British Airways, Iberia and American Airlines announce new routes under transatlantic deal

LONDON - American Airlines, British Airways and Iberia launched their transatlantic joint business Wednesday, unveiling new routes and detailing benefits for customers that include a shared frequent flyers program. BA Chief Executive Willie Walsh said the ... (Source: Minneapolis Star Tribune 2010-10-06T13:40:12Z)

California budget plan relies on accounting maneuvers

Lawmakers are getting their first look at a proposed budget agreement that attempts to close California's $19 billion deficit with some spending cuts and a large dose of creative accounting. The deal reached last week between Gov. Arnold Schwarzenegger and ... (Source: Salon 2010-10-06T23:27:10Z)

WRAPUP 1-Potash Corp slams report on BHP takeover proposal

By Euan Rocha TORONTO, Oct 5 (Reuters) - Canada's Potash Corp slammed a report commissioned by its home province that favors BHP Billiton's offer to buy the fertilizer maker over a potential bid from a state-owned Chinese entity. The company, based in ... (Source: CNBC 2010-10-05T22:02:28Z)

Could a deal with the Taliban end the war in Afghanistan?

THE FACT THAT senior Taliban leaders have "sought to reach out" to the Afghan government, as U.S. Gen. David H. Petraeus recently reported, is encouraging news. It suggests that U.S. military operations against the insurgents are having more of an impact ... (Source: Washington Post 2010-10-07T03:23:24Z)

Saskatchewan Minister Sees No Net Benefit From BHP Bid

(Updates share price in seventh paragraph.) Oct. 6 (Bloomberg) -- BHP Billiton Ltd.'s hostile $40 billion offer for Potash Corp. of Saskatchewan Inc. doesn't appear to be beneficial to Saskatchewan, the Canadian province's Energy and Resources ... (Source: BusinessWeek 2010-10-06T17:36:25Z)

Grupo Televisa, Univision Communications in billion-dollar deal

Oct 06, 2010 (The Miami Herald - McClatchy-Tribune Information Services via COMTEX) -- Coming soon to a smartphone or iPad near you: the sultry antics of popular Mexican telenovelas that have been limited to old-fashioned television screens, thanks to a ... (Source: TMCnet 2010-10-06T18:40:51Z)

REGION: W.Pa. mom pleads guilty in plot to impregnate daughter

UNIONTOWN, Pa. — A western Pennsylvania woman accused of conspiring with her boyfriend to drug her 13-year-old daughter so he could try to impregnate her has pleaded guilty in a deal with prosecutors. The 34-year-old Uniontown woman was slated for trial ... (Source: Delaware Wave 2010-10-06T22:29:54Z)

Mexico's Televisa Shares Sharply Higher On Univision Deal

MEXICO CITY (Dow Jones)--Shares of Mexican media conglomerate Grupo Televisa (TV, TLEVISA.MX) opened sharply higher Tuesday after the company unveiled plans to take a stake in U.S. Spanish-language broadcaster Univision Communications Inc. (UVN), while ... (Source: Wall Street Journal 2010-10-05T14:02:51Z)

UPDATE 1-GE to pay $3 bln for oil equipment maker Dresser

BOSTON Oct 6 (Reuters) - General Electric Co ( GE.N ) reached a $3 billion deal to buy Dresser Inc [DRESS.UL], a maker of gas engines used to power oil and natural gas production equipment, in its latest bid to boost its energy business. The Addison, Texas ... (Source: Reuters 2010-10-06T13:40:12Z)

UAE BlackBerry users stick to device

DUBAI — Few BlackBerry users in the UAE are switching to other smart phones even though they face an imminent suspension of services unless maker Research In Motion and the government work out a deal to comply with regulations. Nearly all of the 500,000 ... (Source: msnbc.com 2010-10-06T06:30:42Z)

Fayette County mom reaches plea deal in daughter's pregnancy plot case

UNIONTOWN — A western Pennsylvania woman accused of conspiring with her boyfriend to drug her 13-year-old daughter so he could try to impregnate her has reached a plea deal with prosecutors. The 34-year-old woman was slated for trial Monday in Fayette ... (Source: Tribune-Democrat 2010-10-06T13:54:31Z)

With Lynch traded, RB Jackson steps in as Bills' starter

ORCHARD PARK, N.Y. -- Running back Fred Jackson doesn't have time to question the reasoning behind why the Buffalo Bills traded Marshawn Lynch to Seattle -- though he was aware a deal had been in the works. What matters to Jackson is providing the Bills ... (Source: NFL 2010-10-06T23:34:20Z)

Uncertain Afghan war starts 10th year

KABUL, Afghanistan -- It's make-or-break time in Afghanistan. The war enters its 10th year today, and this is no ordinary anniversary. With extra American troops in place, this is the critical juncture to determine whether President Barack Obama's revised ... (Source: Detroit Free Press 2010-10-07T08:24:03Z)

American Airlines' European business alliance approved

Crossing the Atlantic on American Airlines and then hopping around Europe on British Airways or Iberia got a little easier Wednesday. After U.S. and European Community approval, the three carriers formally announced a joint business alliance that will ... (Source: TradingMarkets.com 2010-10-07T05:46:34Z)

State budget plan relies on accounting maneuvers

SACRAMENTO, Calif. (AP) — Lawmakers are getting their first look at a proposed budget agreement that attempts to close California's $19 billion deficit with some spending cuts and a large dose of creative accounting. The deal reached last week between ... (Source: San Jose Mercury News 2010-10-06T21:54:07Z)

New Budget Plan Relies On Accounting Maneuvers

SACRAMENTO, Calif. -- Lawmakers are getting their first look at a proposed budget agreement that attempts to close California's $19 billion deficit with some spending cuts and a large dose of creative accounting. The deal reached last week between Gov ... (Source: BayInsider 2010-10-06T22:15:35Z)

UAE and BlackBerry users stick to device as deadline nears

Few BlackBerry users in the UAE are switching to other smartphones even though they face an imminent suspension of services unless maker Research In Motion and the government work out a deal to comply with regulations. Nearly all of the 500,000 subscribers ... (Source: msnbc.com 2010-10-05T15:00:07Z)

Moody's: GE ratings unaffected by Dresser deal

Moody's Investors Service said Wednesday its debt ratings and outlook on General Electric Co. are not affected by the conglomerate's acquisition of energy equipment maker Dresser Inc. for $3 billion in cash. Moody's said its senior unsecured debt rating of ... (Source: AP - msnbc.com 2010-10-06T21:39:48Z)

Afghan peace council holds inaugural session

President Hamid Karzai is hosting the inaugural session of a new Afghan peace council set up to guide efforts to reconcile with the Taliban and other insurgent groups. Speaking Thursday on the ninth anniversary of the start of the war, Karzai said the ... (Source: AP - msnbc.com 2010-10-07T07:48:15Z)

BP And SOCAR Sign Deal To Develop Deepwater Gas Field In Azerbaijan - Quick Facts

(RTTNews) - BP Plc (BP: News ,BP.L: News ) and the State Oil Company of the Republic of Azerbaijan or SOCAR signed a new production sharing agreement on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector of the ... (Source: RTT News 2010-10-07T06:36:40Z)

Bills Trade Lynch to Seahawks

The Buffalo Bills traded running back Marshawn Lynch to the Seattle Seahawks , Lynch's agent said. Lynch's agent, Doug Hendrickson, said a deal was made, but he did not know what the Bills received in exchange. Lynch was the Bills' first-round draft ... (Source: New York Times 2010-10-06T06:45:01Z)

Bills report: Inside slant

The frustration of touching the football just 5.5 times per game during the Bills ' 0-4 start had boiled over for running back Fred Jackson . After all, the vastly underrated five-year veteran touched the ball an average of 20.6 times per game last season ... (Source: CBS Sports 2010-10-07T05:39:24Z)

UAE BlackBerry users won't give up despite ban threat

DUBAI: Few BlackBerry users in the UAE are switching to other smartphones even though they face an imminent suspension of services unless maker Research In Motion (RIM) and the government work out a deal to comply with regulations. Nearly all of the ... (Source: Economic Times 2010-10-06T00:39:57Z)

Pa. mom pleads guilty in plot to impregnate daughter

UNIONTOWN, Pa. (AP) — A western Pennsylvania woman accused of conspiring with her boyfriend to drug her 13-year-old daughter so he could try to impregnate her has reached a plea deal with prosecutors. The 34-year-old woman was slated for trial Monday in ... (Source: Morris County Daily Record 2010-10-06T16:24:50Z)

GE to pay $3 billion for oil equipment maker Dresser

BOSTON (Reuters) - General Electric Co ( GE.N ) reached a $3 billion deal to buy Dresser Inc DRESS.UL, a maker of gas engines used to power oil and natural gas production equipment, in its latest bid to boost its energy business. The Addison, Texas-based ... (Source: Reuters 2010-10-06T13:47:21Z)

BP and Socar sign Shafag Asiman deal

The signing of the PSA today in Baku follows the earlier concluded heads of agreement which defined the basic commercial principles of the contract. Under the PSA, which is for 30 years, BP will be the operator with 50% interest while SOCAR will hold the ... (Source: Upstream Online 2010-10-07T07:05:18Z)

BP, Azerbaijan reach Caspian Sea oil deal

BP PLC says it has reached an agreement with Azerbaijan's state oil company to develop a new oil field in the Caspian Sea. BP said Thursday that the 50-50 joint venture will seek to develop oil production in the Shafag-Asiman sector, 125 kilometers (78 ... (Source: AP - msnbc.com 2010-10-07T06:50:59Z)

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