Topic: East Asia
Chevron acquires interest to explore oil on 8,100 square miles in South China SeaChevron Corp.'s Chinese subsidiary has acquired rights to explore for oil on 8,100 square miles in the South China Sea's Pearl River mouth basin, the oil company said Tuesday. ...
Chindex International sells $14 million in stock to Fosun Pharma as part of joint venture dealChindex International sold $14 million of its shares to another Chinese medical concern as part of its plans to form a new joint venture, the company said ...
BHP Billiton's annual profits more than doubled on the back of surging commodities demand, it said Wednesday, one week after launching a 40-billion-dollar hostile bid for Canadian fertiliser firm Potash. Profits after tax soared to nearly 13 billion dollars in its year ...
SEOUL (Reuters) - State-run Korea National Oil Corp will not consider raising its $2.6 billion hostile takeover offer for British oil explorer Dana Petroleum in return for management backing, KNOC's chief executive said on Tuesday. "We believe our offer values Dana fairly ...
LONDON (Reuters) - BHP Billiton , the world's biggest miner, could be dragged into a geopolitical independence row on Monday as a result of its hostile takeover bid for Potash Corp , the Independent on Sunday reported. The relationship between Canada's Potash ...
A major iron ore joint venture between mining giants BHP Billiton and Rio Tinto is "dead in the water", a report said Friday, citing an unnamed executive. The Sydney Morning Herald report came as regulators in various countries study plans to merge ...
A unit of Sony is bidding to buy Taiwan cable operator Gala Television Corporation for about 6 billion Taiwan dollars (187 million US), reports said. Internet access provider So-net Entertainment Corp, a Sony affiliate, is vying with up to four other bidders ...
BHP betting on crop production boom with hostile $38.5B bid for fertilizer maker PotashBHP Billiton's hostile $38.5 billion takeover offer for one of the world's biggest fertilizer producers, a bet that developing nations will drive a farming boom, could get the Australian ...
China said Thursday that overseas companies were treated fairly under its anti-trust law, dismissing complaints that the country is skewing its business playing field against foreigners. "All firms -- state-owned, private, foreign or multinationals -- are treated equally by the Anti-Monopoly Law ...
China acknowledges only foreign companies hit by anti-monopoly law but denies discriminatingChina acknowledged Thursday that only foreign companies have been forced to scrap or change business deals under its two-year-old anti-monopoly law but rejected complaints the measure is discriminatory. Regulators have examined ...