Italian auto maker Fiat Group SpA will look for a second partner in the Chinese mainland in a bid to develop Jeep, a brand under Chrysler Group LLC. Zeng qinghong, general manager with GAC Group, signed a framework agreement with Mike ...
Tags: Jeep, Auto, Transportation
China National Petroleum Corp. (CNPC) announced acquisition of a 20 percent stake in Novatek-led Yamal LNG project on June 24. The Chinese oil and gas producer said yesterday that it had signed an agreement with Novatek, the ...
Sprint Nextel shareholders voted overwhelmingly to approve SoftBank's$21.6 billion takeover bid,setting the stage for the deal to close early next month. At a special shareholder meeting on Tuesday,98%of the shares voted were in favor of ...
Tags: Sprint, SoftBank, acquisition, investment
Sprint shareholders Tuesday set the stage for a potentially massive change in the wireless carrier competitive landscape by approving SoftBank's bid to buy 78%of the company for$21.6 billion. Sprint can use cash from the Softbank deal to ...
Tags: Sprint, SoftBank, Clearwire, acquisition
Shell remains cautious regarding the potential of two onshore oil exploration blocks in Albania despite increasing its stake in the blocks from 50% to 75%, the company said Tuesday. The deal leaves operator, Canada's Petromanas Energy, ...
Tags: Oil Potential, Block Stake Hike
Australia's Woodside Petroleum is remaining tight-lipped on the impact of the Israeli cabinet's decision to allocate up to 50% of any gas field's reserves to the domestic market. "We look forward to considering the detail of the gas ...
Tags: Leviathan Deal, Gas Export
Billionaire Carl Icahn is approaching investors for$5.2bn in loans to back an alternative bid to buy out ailing PC maker Dell. Icahn,who will become Dell's largest external investor if Southeastern sell him about$1bn of its Dell shares,is ...
Tags: Carl Icahn, Dell, PC, investor
Singapore Airlines has received confirmation from Australia's Foreign Investment Review Board (FIRB) that it will not object to SIA's proposed increase of its stake in Virgin Australia to 19.9%. FIRB approval will enable Singapore ...
Swiss food company Nestlé is set to open two facilities in China next month, in order to take advantage of the increasing demand in the country. Greater China chairman and chief executive officer Roland Decorvet was quoted by the ...
Tags: Nestl, Agriculture, Food
Recent leaks about surveillance programs at the U.S. National Security Agency show an agency with little regard for the U.S. Constitution and laws on the books, two past NSA leakers said Wednesday. Leaks by former NSA contractor Edward ...
Tags: NSA Leakers, Privacy Violations
Japan-based underwriter Meiji Yasuda Life Insurance is engaged in advance negotiations to acquire a 15% stake in Thai Life Insurance, for nearly $700m. People familiar with the matter were quoted by Reuters as saying that the proposed ...
Tags: Service, Insurance, Life Insurance
A tent with aluminum poles. Tents may come with fiberglass poles, but they are fragile and more likely to break. If you bend or break a pole, most camping stores sell replacements or repair kits. A tent with an adequate rainfly. The ...
Tags: Tent, camping tent
Qatar will use a mix feed of ethane and natural gas liquids as feedstock for two upcoming petrochemical projects, a company source said Monday. The first project involves Qatar Petroleum and Royal Dutch Shell. The two companies signed a ...
Chile's newest and largest coal mine, Mina Invierno, which started production in January has to date exported a total 435,000 mt of thermal coal in five vessels, including two Capesize [around 300,000 mt] cargoes to India, said a spokesman ...
Global insurance broking and risk management firm Marsh has completed the acquisition of Alexander Forbes' stake in Nigerian insurance broker Femi Johnson & Company (FJC). Marsh intends to merge the newly-acquired business with its ...