07 2008

Craig Stephen’s This Week in China: Regulator overhang takes fizz out of Coke’s deal

Tag: Markets, General @ 10:00 pm

Fears that China may block Coca-Cola’s proposed $2.4 billion take-over of China Huiyuan Juice has deflated views on what would potentially be mainland China’s biggest overseas acquisition.


07 2008

NewsWatch: U.S. government takes control of Fannie, Freddie

Tag: Markets, General @ 10:00 pm

The Treasury Department announces bailout and recapitalization of collapsing home mortgage giants Fannie Mae and Freddie Mac in one of the biggest government rescues in U.S. history.


07 2008

ConocoPhillips buys into Origin assets

Tag: ASX @ 9:42 pm

ORIGIN Energy has selected US gas operator ConocoPhillips as operating partner in its Queensland coal seam gas project.


07 2008

Westpac bid ‘fair’: independent expert

Tag: ASX @ 9:42 pm

INDEPENDENT expert Grant Samuel has said that Westpac’s takeover offer for St George Bank is fair and reasonable.


07 2008

Emissions trade no big threat: RBA

Tag: ASX @ 9:42 pm

THE Reserve Bank believes the economic effects of the emissions trading scheme should be a one-off inflationary shot.


07 2008

Tata Motors reach deal on Nano plant: report

Tag: Markets, General @ 7:00 pm

Tata will reportedly proceed with its plans to build a plant for its ultra-low-budget Nano car in eastern India, after talks yield a compromise ending violent protests against the factory.


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