Industry

Gold trades low due to boost in outlook

Global trades on bullion fell as the United States' credit outlook gets boosted by Standard & Poor's.


Keller Group Looks to Buy North American Energy Partners

The British construction company, Keller Group will be buying North American Energy Partners for its expansion in Canada.

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.


Latest News

Las Vegas Sands Corp asked trial judge in Nevada to cancel the US$101.6 million verdict award in favor of businessman Richard Suen.
Telus drops plans to buy-out Mobilicity. (Photo : REUTERS)Canada's 2nd largest wireless company The transfer of the license for Mobilicity's wireless spectrum to Telus was declined.
Japan's SoftBank announced on Monday an increase in their initial offer to counter bid by Dish Network.
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.