Nippon Oil mulling merger with refining associate Kyushu Oil
) Tuesday said it is considering a merger with refining associate, Kyushu Oil Co., and will announce its decision later in the day, according to a Reuters report. The Nikkei business daily had repor...
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New technique holds promise for rare eye cancer
CHICAGO (Reuters) - An experimental technique for a rare eye cancer has saved some children from losing their eyes and even restored vision in a few cases, U.S. researchers said on Monday.
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UPDATE 1-Gold falls below $1,000 ahead of Fed, funds sell
SINGAPORE, March 18 (Reuters) - Gold fell on Tuesday after hitting a record high above $1,000 an ounce the previous day, and investors may be careful about taking positions ahead of the U.S. Federa...
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Tokyo rubber dips 3 percent to near 2-month low
TOKYO, March 18 (Reuters) - Tokyo rubber futures tumbled on Tuesday, with the key contract falling 3 percent to a near two-month low, hit by the sharp decline in oil prices and a stronger yen.
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Google worries mega-merger 'bad for the internet'
Google chief executive Eric Schmidt told reporters in Beijing that a merger of Microsoft and Yahoo could be bad for the internet. BEIJING - Google, the world's leading search engine, said on it was co...
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Alliance Data tells Blackstone it's breaching merger pact
) that it has breached the agreement of its planned acquisition of Alliance Data for $81.75 a share. The notice also said Blackstone and its affiliates are "contractually obligated" to satisfy their...
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Bear Stearns and the $2 bill
Around 6.30 a.m. on Monday a group of young Bear Stearns employees gathered around a side entrance of their Manhattan headquarters, laughing. They were looking at
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  • How FirstInland IPO hit N100bn returns

    Like the offers of many other banks that came into the stock market before it for capital sourcing, the just concluded Initial Public Offer of FirstInland Bank appears to have been over- subscribed. Facts from the Issuing Houses revealed this to us

  • UPDATE 2-India's SBI $4.1 bln rights issue covered -sources

    Shares in SBI closed down 2.5 percent at 1,592.20 rupees, down 31 percent since the issue opened on Feb. 18, having fallen to a five-month low of 1,582.25 rupees in the afternoon.