DAI: BP partners Reliance in $7.2 billion Indian oil hunt

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	02/21/2011
Good evening Pan LATEST NEWS BP partners Reliance in $7.2 billion Indian oil hunt LONDON/NEW DELHI (Reuters) - BP lined up one of the biggest foreign direct investments in India to date with a $7.2 billion tie-up with the country's Reliance Industries to explore for deepwater oil and gas. | Full Article Blockbuster initiates sale process February 21, 2011 04:31 PM ET BANGALORE (Reuters) - Blockbuster Inc , , which filed for bankruptcy last year, said it has started the process to sell itself and has entered into a "stalking horse" asset purchase deal with investor group Cobalt Video Holdco for $290 million. | Full Article Libya turmoil prompts oil surge, hits equities February 21, 2011 12:30 PM ET LONDON (Reuters) - Oil prices charged to fresh 2-1/2 year highs on Monday as traders reacted to increasing violence in major producer Libya, which fed investor fears about rising inflation and unsettled other markets. | Full Article Diageo raises its spirits with Turkish deal February 21, 2011 12:34 PM ET LONDON (Reuters) - Diageo Plc , the world's biggest spirits maker, agreed on Monday to buy raki spirits maker Mey Icki for 1.3 billion pounds ($2.1 billion) in cash to give it access to the fast-growing Turkish market. | Full Article "Almost no chance" Obama budget adopted: Moody's February 21, 2011 12:45 PM ET NEW YORK (Reuters) - President Barack Obama's budget proposal would be "marginally positive" for U.S. credit ratings in the short term, but there is "almost no chance" Congress will pass the plan as it was presented, Moody's Investors Service said on Monday. | Full Article US TOP NEWS Residents give conflicting reports of Tripoli attacks February 21, 2011 02:54 PM ET LONDON (Reuters) - Tripoli residents gave conflicting reports of violence Monday, with some saying they could hear only gunfire in the Libyan capital and others saying warplanes were bombing the city. | Full Article Gaddafi under threat as revolt hits Tripoli February 21, 2011 04:22 PM ET TRIPOLI (Reuters) - Libyan leader Muammar Gaddafi fought an increasingly bloody battle to hang on to power on Monday when anti-government protests against his 41-year rule struck the capital Tripoli after days of violence in the east. | Full Article American held in Pakistan is CIA contractor: U.S. sources February 21, 2011 01:36 PM ET WASHINGTON (Reuters) - Raymond Davis, the American held in Pakistan on double murder charges for a shooting in Lahore last month, is employed by the CIA as a contractor, U.S. sources closely following the case said on Monday. | Full Article Two Libyan fighter pilots defect, fly to Malta February 21, 2011 02:34 PM ET VALLETTA (Reuters) - Two Libyan Air Force fighter pilots defected on Monday and flew their jets to Malta where they told authorities they had been ordered to bomb protesters, Maltese government officials said. | Full Article Wisconsin governor calls on Democrats to come home February 21, 2011 04:22 PM ET MADISON, Wisconsin (Reuters) - Wisconsin Gov. Scott Walker on Monday urged 14 Democratic state senators who left the state rather than vote on a bill that takes away bargaining rights for state workers to return to work, but warned a massive budget deficit left no room to negotiate. | Full Article HEALTH NEWS 1 in 9 people aged 45-54 is hearing impaired: study Gastric bypass better than Lap-Band: study Stent blood clot risk may be higher in the morning Could more IVF attempts really mean more success? Blacks' higher cerebral palsy risk, birth weight tied RELATED VIDEO BP's $7.2bln India Reliance tie-up Cheers: Diageo's £1.3bn Turkish deal Euro zone private sector booms A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Full Article - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend