Archive for December 2012
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A trio of small oil and gas companies said on Thursday they have agreed to combine to form a mid-sized Canadian producer, focusing on light crude in Alberta and paying dividends. Pace Oil and Gas
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A major trial of Merck & Co Inc's Tredaptive medicine to increase "good" HDL cholesterol has raised safety concerns and shown it was no better at preventing heart attacks, deaths or strokes than traditional statin
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Monetary policy easing in the G3 countries may lead to excessive credit growth and the creation of asset bubbles in East Asia and Pacific (EAP) as investors flock to the region, the World Bank warned
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Swedish telecom group Ericsson said on Thursday it would book a charge of eight billion kronor ($1.22 billion or 923 million euros) in the fourth quarter over its misfiring mobile chip venture ST-Ericsson. The company
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Germany plans to issue its first joint federal-regional bond next year after several states expressed an interest, its debt agency said, potentially trimming the country's overall borrowing costs. "First talks on a working level have
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Germany plans to issue its first joint federal-regional bond next year after several states expressed an interest, its debt agency said, potentially trimming the country's overall borrowing costs. "First talks on a working level have
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China has scrapped purchases of 540,000 tonnes of US soyabeans, the US Department of Agriculture said on Thursday, marking the largest such cancellation by the world's top importer of the oilseed in at least 14
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The European Union on Thursday approved a cash injection of 1.87 billion euros ($2.48 billion) into four former Spanish savings banks, the second phase of the overhaul of the country's banking sector. In return for
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The European Union on Thursday approved a cash injection of 1.87 billion euros ($2.48 billion) into four former Spanish savings banks, the second phase of the overhaul of the country's banking sector. In return for
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Spain's antitrust body said it fined telecoms companies Telefonica, Vodafone and France Telecom's Orange a record 120 million euros ($159 million) for charging too much for text messages. The regulator said on Thursday Spain's three
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