Seadrill expects high profits in coming years

Seadrill would be expecting soaring profits in the next few years as energy companies venture into difficult waters.


Thailand to appeal Philip Morris win in tobacco case

The Thai government would be looking to appeal Philip Morris International Inc's victory in tobacco case requiring larger health warnings on cigarette packs.

Bryan Cranston is Lex Luthor for 2015 Superman?

A books website claimed that actor Bryan Cranston of "Breaking Bad" tv series will be playing Lex Luthor for the 2015 Superman film.

Janes departs as co-head of investment banking at Barclays Australia

Daniel Janes stepped down as co-head of investment banking for Barclays PLC to "pursue new challenges," according to an internal memo held by Reuters.


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A PricewaterhouseCoopers (PwC) pension fund had been talking with CA Immo on buying a stake in Tower 185, Germany's fourth-tallest skyscraper.
Standard and Poor's (S&P) had concluded that Playboy Enterprises Inc would likely be under pressure from its USD185 million loan-covenant to reduce its loans and increase its earnings.
Styrolution Group Chief Executive Officer Roberto Gualdoni had said that joint venture company Styrolution Group could hold an IPO in two years.
A 2009 lawsuit brought against Charles Schwab & Co Inc had been revived by a New York state appeals court.
A source told Reuters that JPMorgan has bee pressured by finance authorities to settle at least USD6 billion in mortgage claims.
Crowdfunding sites like Kickstarter would now be used by entrepreneurs to find testers for their products.
Australia's AGL Energy Ltd said that weakened demand prompted the company to delay the development of its power plants.
Plains All American Pipeline LP offered USD740 million in stock to buy the 54% of PAA Natural Gas Storage LP that it does not already own.
A Philippine regulator postponed the bid for a ticketing system to be used by the MRT and LRT. The Department of Transportation and Communications (DOTC) in the Philippines deferred the submission of bids for the ticketing system of the country's rail transportation systems.
AssuredPartners closed its purchase of GBP Risk Solutions, an Arizona-based insurance firm. Florida-based AssuredPartners Inc announced the completion of its acquisition of Golseth & Gregson Insurance Services which does business as GBP Risk Solutions.