Doug Suttles has three-decades of experience as an oil and gas veteran. (Photo : )Oil and gas veteran Dough Suttles (left) formerly of BP, is now CEO of Escana Doug Suttles preceded interim CEO Clayton Woitas.
Industry
Vodafone Makes Informal Bid for Kabel
Within the past week, an informal takeover bid for Kabel Deutschland Holding AG was initiated by Vodafone.
Emerging markets suffer fierce sell-off
The FTSE Emerging Markets index fell 1.7 % on Tuesday. (Photo : Reuters)The image is the flag of South America's largest economy, Brazil. FTSE declined from its peak last May to more than 10 percent.
SoftBank Mobile Chooses Gemalto TSM
Gemalto was chosen by SoftBank Mobile for the commercial launch of mobile NFC services in Japan. (Photo : Reuters)The image is the Softbank corporate logo on the frontage of its company headquarters.
Government gives big banks 2 years to comply
Bank of America, Chase, CitiGroup and other big banks were given two years to comply with the Dodd-Frank requirement that pushed swaps trading out of banks.
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Oregon LNG files export application with FERC that is necessary for its site operation and pipeline construction.
The Indian government is asking for an explanation about a premature statement issued by ONGC regarding its US$2.5 billion deal with Videocon.
Eighty percent of Afren's investors were angered and voted against the company's renumeration report.
The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported on Tuesday:- Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.
Lio Energy Systems Holdings and Miles Electric Vehicle filed for Bankruptcy last May 1. Sales have been slow for the electric automobile company. The same mishap has been experienced even by industry leaders GM, Ford, Nissan, and Honda Motor Co, when despite their heavy investments still experienced slow sales from electric vehicles.
The British water company refused negotiations before deadline of bid. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. No new offer from the LongRiver consortium, until talks with the board will be pursued.
KT Capital Partners, LP and CapitalSouth Partners Fund, acquires majority of stake at CableOrganizer .com.
1.2 billion euros worth of bonds will be issued with the attempt to boost the company’s finance arm
Insight Venture Partners is the leading investor of the said fund. (Photo : intel capital) A $42. 8 million worth of funding was received by BrightEdge, led by Insight Venture Partners.
