Brazil's TIM Participações SA (TIMP3.SA) has hired Banco Bradesco SA's (BBDC4.SA) investment banking unit to analyze a potential bid for rival Grupo Oi SA (OIBR3.SA), a source with knowledge of the situation told Reuters on Friday.
Isolated North Korea sent its highest level delegation to South Korea on Saturday to attend the Asian Games closing ceremony amid a flurry of diplomatic activity which has raised hopes for improved ties between the arch rivals.
Islamic State militants beheaded British aid worker Alan Henning in a video posted on Friday, triggering swift condemnation by the British and U.S. governments.