Japan's SoftBank announced on Monday an increase in their initial offer to counter bid by Dish Network.
Industry
JBS buys Seara Brasil and Zenda from its rival Marfrig
Marfrig gets rid of it $6.1 billion debt burden, through JBS buy-out. (Photo : REUTERS)JBS employee Seara Brasil and Zenda, Marfrig's subsidiaries are sold to its rival JBS.
Petronas Sees US$20 Billion Investment for Canadian LNG project
A US$20 billion investment is expected by Petronas for its LNG project with decisions to be finalized within this year.
Despite Vietnam Refinery Plan, Idemitsu to Expand Singapore Oil
Idemitsu Kosan Co. planned expansion in its Singapore unit even with an impending new refinery operation to start in Vietnam by 2017.
Dea Oil Struggles For Buyers, Said RWE
RWE AG is struggling to find potential buyers for Dea Oil according to people who are familiar with the matter.
Latest News
Billionaire Lucio Tan is considering to exit the aviation industry by means of share sale after two decades in the business.
Rio Tinto received numerous interested parties to purchase its stake after announcing to raise funds for debt payment.
Oil and Natural Gas Company (ONGC) India withdrew its statement last Monday after announcing a deal with Rovuma Area 1 in Mozambique.
Greece is required to sell off its energy company shareholdings as part of their bailout deal. (Photo : REUTERS)A Greek flag flies behind a statue to European unity outside the European Parliament in Brussels The largest refinery in Greece, Hellenic Petroleum was one of the assets identified in the privatization plan of the country.
Google's US$1.3 billion purchase of Waze would create a ripple effect deep into the Israeli economy.
Oil India Ltd., and Oil & Natural Gas Corp., will acquire Mozambique's Videocon Industries Ltd., to increase their overseas production and oil reserves.
McDonald's gained better than expected figures with aggressive advertising focused on its breakfast and Dollar menu.
Veolia Environment struck a deal to acquire Spanish Proactive Medio Ambiente. Veolia Environment SA acquired Spanish waste-management company Proactiva Medio Ambiente after Barcelona-based Fomento de Construcciones & Contratas SA agreed to sell its stake to the French waste utility.
The Swiss Market Index climbed as Novartis advanced studies on multiple sclerosis while Roche releases arthritis drug.
