HONG KONG (Reuters) - Asian stocks and oil rebounded on Wednesday from recent sell-offs, but low-risk assets such as U.S. Treasuries also retained their luster despite offering the lowest yields in decades amid worries about the ailing global economy.
NEW YORK (Reuters) - Electricite de France SA offered to buy a 50 percent stake in Constellation Energy Group Inc's nuclear business for $4.5 billion, in an attempt to scuttle a $4.7 billion takeover by Warren Buffett's MidAmerican Energy Holdings Co.
(Reuters) - Goldman Sachs Group Inc is considering launching an Internet banking operation, The Wall Street Journal reported, citing people familiar with the situation.
(Reuters) - Merrill Lynch & Co, which is set to merge with Bank of America Corp, plans to cut year-end bonuses in half, Bloomberg News said, citing two people with knowledge of the situation.
(Reuters) - The fourth quarter will prove to be "ugly" for Goldman Sachs Group Inc and Morgan Stanley with meaningful write-downs as markets continue to be challenging, an analyst at J.P. Morgan Securities said.
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