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Schlumberger to buy oilfield gear maker Cameron in $14.8 bn deal Schlumberger to buy oilfield gear maker Cameron in $14.8 bn deal The deal is the latest example of energy companies joining forces to help them cope with slumping oil prices , down 60 percent since June last year and hitting new lows each day.
Greek privatisations to go ahead: outgoing economy minister Greek privatisations to go ahead: outgoing economy minister "The agreed arrangements have been agreed and will be applied," Georges Stathakis told reporters in answer to a question on the planned privatisation of Piraeus port, the national railway company and a string of other ports and airports.
Black money: Swiss govt rejects privacy in financial matters Black money: Swiss govt rejects privacy in financial matters At a time when it is under global pressure, including from India, on black money menace, the Swiss government has rejected the popular initiative to allow strict privacy in financial matters.
China to cut trade fees, support financial leasing firms China to cut trade fees, support financial leasing firms China aims to stoke growth in its financial leasing sector by cutting red tape and waiving requirements for minimum registered capital, the cabinet said on Wednesday.
'When China sneezes, the world could catch a cold' 'When China sneezes, the world could catch a cold' When China sneezes, the world could catch a cold, said a commentary in China`s Xinhua news agency which added that the global economy is closely tied to Chinese performance.
Rajat Gupta files appeal to overturn insider trading conviction Rajat Gupta files appeal to overturn insider trading conviction Pursuing yet another legal recourse, India-born former Goldman Sachs director Rajat Gupta has filed a fresh appeal in a US court against a federal judge's ruling that had denied his bid to throw out his two-year sentence and conviction on insider trading charges.
Currency volatility: How it will affect global growth Currency volatility: How it will affect global growth Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China`s abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies.
Qualcomm sells UK spectrum rights to Vodafone and CK Hutchison Qualcomm sells UK spectrum rights to Vodafone and CK Hutchison Qualcomm in June announced that it was putting a chunk of spectrum up for sale in Britain, which could appeal to mobile operators grappling with demand for Internet access.
Asian shares wobble after China rate cut Asian shares wobble after China rate cut Asian stocks flip-flopped on Wednesday after China cut interest rates in a bid to restore confidence in its sagging economy, with trading volatile after days of heavy swings across world equities.
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