Sony Exploring Sale of Music Publishing Unit

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Sony has been exploring the sale of its Sony/ATV Music Publishing unit, the company’s recently leaked internal emails suggest.

HeidelbergCement to Sell Assets

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Germany’s HeidelbergCement has agreed to sell operations in North America and the U.K. for $1.4 billion to a U.S. affiliate of Lone Star Funds.

Tech Consortium to Sell 4,000 Patents

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A consortium including Apple, Microsoft and BlackBerry has agreed to sell telecom patent assets for less than a quarter of the $4.5 billion they paid for the full portfolio four years ago.

Petrobras Creates Committee Amid Corruption Allegations

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The board of Brazilian state-run energy giant Petroleo Brasileiro SA authorized the creation of a special committee to oversee the company’s own internal investigation of corruption allegations.

BP, Rosneft in Talks on Siberia Field

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BP is negotiating a deal with Kremlin-controlled oil giant Rosneft that could give it a percentage of an Eastern Siberia field, according to a person familiar with the matter.

UPS, FedEx Cap Holiday Deliveries

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UPS and FedEx started capping air express deliveries in recent days after an 11th-hour increase in packages caused some retailers to exceed agreed-upon limits, according to people briefed on the situation.

DirecTV, Disney in Distribution Pact

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DirecTV and Walt Disney have reached a multiyear distribution agreement that expands content available on smartphones and tablets in an era in which consumers increasingly are watching media on different devices.

U.S. Oil Firms Play a Waiting Game

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If the global glut of oil that has sent crude prices plunging has come largely from the U.S., why aren’t American energy companies turning off the tap? The catch: Each one of them is waiting for a rival to do so first.

U.S. Oil Firms Play a Waiting Game

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If the global glut of oil that has sent crude prices plunging has come largely from the U.S., why aren’t American energy companies turning off the tap? The catch: Each one of them is waiting for a rival to do so first.

Online Bargain Hunters Push Korean Retailers to Slash Prices

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South Korean department stores are slashing prices to compete with overseas online retailers like Amazon.com, eBay and the Gap as more consumers hunt for bargains from online vendors abroad.

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