Relief well could intercept blown well end July: exec

HOUSTON (Reuters) – The first of two relief wells is expected to intercept BP Plc’s blown-out well in the Gulf of Mexico by the end of July and the leak could be plugged by early to mid-August, a BP executive said on Sunday.

Zodiac says rejects Safran bid overture

PARIS (Reuters) – French aerospace group Zodiac said on Sunday it had rejected a preliminary takeover approach from state-controlled Safran and vowed to stay independent, while seeking further acquisitions.

FACTBOX-France’s Zodiac rejects Safran bid approach

July 11 (Reuters) – French aerospace equipment maker Zodiac
Aerospace SA says it has rejected a proposal for a
tie-up from state-controlled Safran . For details, see
[ID:nN11142166]

Netanyahu says will meet Egypt’s Mubarak on Tuesday

JERUSALEM (Reuters) – Prime Minister Benjamin Netanyahu, back in Israel from talks in Washington on restarting direct peace talks with the Palestinians, said Sunday he would meet Egyptian President Hosni Mubarak this week.

No margin for error in Wall St bill’s final test

WASHINGTON (Reuters) – Democrats will have little margin for error this week as they push for final congressional approval of the most comprehensive rewrite of financial rules since the Great Depression.