Archive for August, 2006

BNP Residential Properties agrees to be acquired by Babcock & Brown for $766 million

BNP Residential Properties Inc. said Aug. 31 that it entered into a definitive agreement to merge with a wholly owned subsidiary of Babcock & Brown Real Estate Investments LLC in a transaction valued at ... No comments

Oil gives up early gains despite Iran worries

Oil prices gave up early gains Thursday as investors kept close watch on Iran, which looked set to defy the United Nations' deadline for halting nuclear enrichment, raising the risk of sanctions against the world's fourth-biggest crude exporter. No comments

Nigerian oil unions set strike

Nigerian oil unions decided on Wednesday to stage a "warning strike" next Wednesday lasting two or three days to protest against insecurity in the Niger Delta, a union leader said. No comments

Libya’s $7 billion oil boost plan

Libya expects international oil companies to invest more than $7 billion and discover an extra 20 billion barrels of oil equivalent under a 10-year exploration master plan, its National Oil Corp. said on Thursday. No comments

Russia aluminum merger: Business, not politics

The Russian mega-merger to create the world's largest aluminum company has a compelling business case and is not driven primarily by the desire to create a national champion, analysts said on Thursday. No comments

Tokyo stocks rally

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Case studies in terror

What if the way we think about homeland security - phone taps, color-coded threat levels, and screeners - is myopic? What if the government could prevent attacks and bolster its disaster-response planning by emulating companies with expertise in flipping burgers or serving their customers faster? No comments

Why India will overtake China

On behalf of thousands of peasants from his native village, Ma Wenlin, a self-taught lawyer in northern China, sued the local government in 1997 to recover taxes that had been illegally assessed. No comments

Gold giants forge $8.6B merger

Vancouver-based Goldcorp Inc. agreed Thursday to acquire Glamis Gold Ltd. for about $8.6 billion in stock to create one of the world's largest gold mining companies. No comments

Oil gives up early gains despite Iran worries

Read full story for latest details. No comments

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