FACTBOX-How the Reuters Founders "golden share" works

(Reuters) - - No person may hold 15 percent or more of Reuters issued shares.

- If that did happen, Reuters directors would be required to ensure the holding is reduced to below 15 percent.


Read more at Reuters.com Bonds News

Qantas bid group says acceptances fall short

(Reuters) - The consortium, Airline Partners Australia , said its A$11 billion offer for the airline would not proceed if that was the case.

"Airline Partners Australia today announced that as at 7 pm AEST on 4 May 2007 it appears that acceptances have not reached the 50 percent level required to extend the offer," the bid group said in a statement emailed to Reuters.


Read more at Reuters.com Mergers News

Gold andSilver Advance in London Dollar Declines Before U.S. Jobs Report

(Bloomberg) -- Gold and silver gained before a U.S. jobs report that's expected to signal slowing growth, reducing the value of the dollar and increasing demand for precious metals as an alternative investment. Silver gained.

U.S. employers probably added 100,000 jobs last month, the fewest jobs in two years, according to the median estimate of 85 economists surveyed by Bloomberg. Gold has climbed 7.4 percent this year as the dollar dropped 2.7 percent against the euro.


Read more at Bloomberg Commodities News

BAWAG restores Cuban accounts after public uproar

(Reuters) - BAWAG said Cerberus had won over U.S. authorities to grant BAWAG an exception from the sanctions, which ban any U.S.-owned bank from offering banking services to Cubans. Similar exceptions are in place for European units of several U.S. banks.

"The board of BAWAG P.S.K. with immediate effect revokes the decision to terminate business relationships with Cuban nationals," BAWAG said in a statement. "The board apologises for problems and irritations that arose from the earlier measures."


Read more at Reuters.com Government Filings News

Futures rise on Yahoo report, jobs data eyed

(Reuters) - The widely anticipated monthly U.S. payrolls report, due at 8:30 a.m , will be scrutinized for further clues about the outlook for interest rates. It is forecast to show employers created 100,000 jobs in April, compared with 180,000 in March.

Yahoo's shares rose 15 percent in Europe after the New York Post reported Microsoft, the world's biggest software company, has asked the Web media company to reenter formal talks.


Read more at Reuters.com Hot Stocks News

KBR first-quarter net income slightly up

(Reuters) - Earnings from continuing operations was 18 cents a share, compared with 15 cents a share a year ago, the company said.




Read more at Reuters.com Market News

U.K. Stocks Jump on Possible Bids; Reuters, Hanson, EMI and BHP Climb

(Bloomberg) -- The U.K.'s FTSE 100 Index climbed as some of the biggest British companies became takeover targets.

Reuters Plc soared after saying it received a preliminary approach, and Hanson Plc jumped after Germany's HeidelbergCement AG said it may bid for the company.


Read more at Bloomberg Stocks News