ConocoPhillips's request of exploratory drilling is approved by Canada's NEB On Wednesday, Canada's National Energy Board approved ConocoPhillips's request.
Deals
Buffet's Berkshire has more the enough cash for acquisitions- report
A Bloomberg report said Berkshire Hathaway Inc might be making more strategic acquisitions in the near future.
Wynn Macau’s USD 600 million naked bond sales show strong demand for Asian gaming debt- report
A report said the USD 600 million worth of naked bonds by Wynn Macau showed robust appetite for Asian gaming debt despite a slow economic growth in China.
OGX sells stake in unit hours before seeking bankruptcy protection
OGX Petroleo & Gas Participacoes sold the stake it held in its only producing asset shortly before filing for bankruptcy.
Nine Entertainment plans AUD 600 million Australian IPO- source
Nine Entertainment would raise AUD 600 million for its IPO in Australia, a source said. A source told Reuters that Nine Entertainment Co would be going public.
Latest News
Two former Kynikos analysts establish Arhammar Short Alpha Funds to bet on falling stocks. London-based Arhammar Short Alpha Fund Ltd would be betting on falling stocks around the world.
Barrick Gold reviewed options for raising cash and reducing debts In an attempt to reduce debt load, Barrick Gold considered a wide range of options including strategic equity investment.
Energy Future Holdings planned to make coupon payments worth USD 270 million to creditors as a possible bankruptcy loomed.
Essar Group planned to bid for water projects in India. The Essar Group said it intended to make bids for various water projects in India. Essar Concessions India Ltd Chief Executive Officer Neeraj Sanghi said they planned to bid for water distribution and sewage plants and desalination facilities.
ICE postponed date of NYSE purchase. Futures Market Operator, IntercontinentalExchange, postponed the date for acquiring NYSE Euronext. NYSE claimed this would give more time for approval of the transaction by European regulators At this point, European regulators have not raised any substantive issues among NYSE and ICE.
An Australian regulator approved the bid of AUD 407 million of Bega Cheese Ltd for the acquisition of Warrnambool Cheese & Butter Factory Co.
Essent Group raised USD 335 million for its initial public offering in the US. Mortgage insurance firm Essent Group Ltd was able to gather USD 335 million in its initial public offering.
McDonald's and Kraft to sell packaged McCafe-branded coffees in 2014. McDonald's Corp and Kraft Foods Group Inc agreed to sell packages of McCafe-branded coffees at retail locations and grocery stores across the US in 2014.
Eurobank Ergasias SA failed to meet it capital requirements may now be force to sell shares at losing price.
