039 Articles
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541. UK's BG makes hostile $13.1 billion Origin bid
British gas producer BG Group launched a hostile $13.1 billion bid for Australia's Origin Energy, as it seeks to boost its position in Asia-Pacific's fast-growing gas market. BG is taking its A$13.8 billion all-cash bid, valuing Origin at A$15.50 a share, direct to Origin shareholders after Origin's board rejected it last month.
25 Jun 2008
542. Australia's Qantas cancels flights due to strike
Australia's Qantas Airways Ltd cancelled six flights on Monday and said it may employ strike-breakers after engineers began a two-day strike, escalating a long-running pay dispute.
24 Jun 2008
543. Baosteel, Rio agree sharp '08 iron ore price hike
China's largest steel maker Baosteel and Rio Tinto have agreed on the highest price hike in at least over a decade in iron ore term contracts, the companies announced on Monday.
24 Jun 2008
544. Australia's FKP rejects $1.2 bln Lend Lease approach
Australian property developer FKP Property Group rejected a $1.2 billion approach from contractor Lend Lease Corp, which is looking to expand in developing retirement villages and urban communities.
23 Jun 2008
545. Australia's RBA: trade boom requires tight policy
Domestic demand in Australia is cooling in the face of higher interest rates, but stimulus from a trade boom means a tight monetary policy remains essential, the country's top central banker said on Friday.
17 Jun 2008
546. Beijing caps prices in Wing Lung's bid
Hong Kong domestic bank Wing Lung fell in trading today as investors question its long term prospects.
29 May 2008
547. Subprime fears, 'bubble' unsettle farm lenders
With U.S. crop prices soaring to historic levels, times are seemingly good for grain farmers and agribusiness firms. So why are lenders worried about the U.S. farm economy?
16 May 2008
548. China's fixed-asset investment rises 25.7% through April
As China statistics bureau said Thursday, China's fixed-asset investment jumped 25.7 percent in the first four months of this year, underscoring concerns that the economy may be overheating.
16 May 2008
549. Icahn Blasts Yahoo's Board: Full Text
It is clear to me that the board of directors of Yahoo has acted irrationally and lost the faith of shareholders and Microsoft. It is quite obvious that Microsoft's bid of $33 per share is a superior alternative to Yahoo's prospects on a standalone basis. I am perplexed by the board's actions.
15 May 2008
550. New Blackberry 'Bold' Has 3G Speeds, GPS, Crisper Display
Research in Motion, the smartphone maker behind the Blackberry series, introduced on Monday its newest device called "Bold."
13 May 2008
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