Alcoa talks

Alcoa Inc., the largest US aluminum maker, and the United Steel workers union said they are working to reach a labor agree ment before expiration of the current contract tonight.

Qatar stake

Qatar considered ac quiring a stake in Citi group Inc. and held talks with a partner over buying shares in the US company, the country’s finance min ister said.

AIG-Pru

Bailed-out insurer AIG remains in negoti ations to salvage the sale of its main Asia unit after Prudential Plc requested a lower price to win sharehold ers’ approval.

Buffett input

Legendary investor Warren Buffett appears this week before a com mission searching for the causes of the 2008 financial crisis, to pro vide his assessment on the role a much-ma ligned credit rating in dustry played.

Closed marts

US markets are closed today for the Memorial Day holiday. Trading resumes to morrow.