GFI, Thomson Reuters, SDIC Trust to Set Up Money Broker in Beijing
Thomson Reuters Corp. (TRI) said Monday it will set up a foreign exchange and money brokerage with GFI Group Inc. (GFIG), a global money broker, and SDIC Trust Co. Ltd.
China CNOOC: To Acquire Canada's Nexen for $15.1 Billion
China's CNOOC Ltd. (0883.HK) said Monday it has reached an agreement to acquire Canadian oil and gas producer Nexen Inc. (NXY) for $15.1 billion in cash.
Nexen Agrees To $15.1B Takeover Bid By Cnooc
Nexen Inc., the Calgary energy producer, definitively agreed to be acquired by Cnooc Ltd. for US$27.50 a share, or about US$15.1 billion.
Iraq Resumes Oil Flow to Turkey at Lower Rate
Iraq has resumed crude-oil exports from Kirkuk oil fields at a lower rate, Middle East shipping agents said Monday, after an explosion that blew up part of the northern pipeline that carries crude to Turkey's Ceyhan port.
French Competition Authority Restricts Canal Plus in Online TV, Movie Deals
France's Competition Authority gave the green light Monday to French pay-TV giant Canal Plus for two takeovers, but applied restrictions to the deals that are aimed at loosening the Vivendi SA (VIV.PA) subsidiary's grip on the French television marketplace.
Citic Securities Ends 7.3% Lower After CLSA News
Citic Securities ended 7.3% lower in Hong Kong on Monday, as investors reacted to news of its intention to purchase CLSA Asia-Pacific Markets for $1.25 billion, in a deal that's reputed to be the first major acquisition of a mainland Chinese brokerage of a foreign competitor.
Italian Stocks Poised For Record Low Closing Level
Italian stocks were poised to close at the lowest level on record on Monday, as investors heavily sold off European equities amid concerns over Greece's future in the euro zone and Spain's debt problems.
Brazil Bradesco 2Q Net Flat As Provisions Costs Offset Credit Gains
Banco Bradesco S.A. (BBD) said Monday that its profit in the second quarter was stable as increases in its credit portfolio and financial-services revenue were offset by rises in provisions expenses. The bank posted a profit of 2.83 billion Brazilian reais ($1.4 billion) in the quarter, up slightly
BSKYB Buys Back 30,000 Shares
British Sky Broadcasting Group PLC (BSY.LN) said Monday that on July 20 it purchased 30,000 shares for cancellation.
Keppel Corp: Shipyard Unit Secures Three Contracts Totaling S$103 Million
Keppel Corp. Ltd. (BN4.SG) said Monday that its shipyard unit has secured three conversion contracts totaling S$103 million.