Sony goes solo in music venture

Daimler seeks Chrysler stake sale
Daimler says it is in talks with private equity group Cerberus to sell its remaining 19.9% in struggling US carmaker Chrysler.

Iraq strikes gas deal with Shell
Iraq agrees to set up a joint venture with Royal Dutch Shell to invest in the country's natural gas reserves.

Morgan Stanley in 20% stake sale
Japanese banking giant Mitsubishi UFJ Financial Group says it will buy a stake in the troubled Wall Street investment group Morgan Stanley.

Postbank shares up on sale hopes
Shares in German retail bank Postbank rebound on hopes that a sale of a stake in the firm could be announced later.

Deutsche Bank eyes rival Postbank
Deutsche Bank is in advanced talks to buy a stake in rival Deutsche Postbank from the German postal service Deutsche Post.