State-backed China National Offshore Oil Corp might have overpaid for the acquisition of Canada-based Nexen Inc, according to a Reuters special report.
Sectors
New book details the 'descent of Air India'
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
Broadcasters appeal to stop streaming company Aereo in Supreme Court
Major broadcasters including Fox Television Stations had appealed to the Supreme Court in the hopes of stopping the streaming services of tech startup Aereo.
Yellen sees no conflict on improving US unemployment and working on monetary policies
US Federal Reserve Chairman nominee Janet Yellen saw no problem in tackling both issues in US unemployment and monetary policies.
Users can opt out Google's user endorsement ads, unlike the ones on Facebook - report
Google Inc's planned user endorsement ads could be opt out by its customers in a few simple steps.
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Reuters Factbox revealed that should the political impasse in Washington continue, it would risk defaulting on some debt payments starting October 22.
Last Tuesday, Japanese Finance Minister Taro Aso urged the United States to settle its budget issues for Japan to be spared from fiscal trouble, reported Reuters.
The EU-US negotiations, already overshadowed by the revelations of former NSA contractor Edward Snowden, now faced even more delays due to the partial deadlock in the US government, said a Reuters report.
According to a report from Bloomberg, Forest City Ratner Cos had sold a 70% stake in Atlantic Yards to speed up a real estate project confronted by years of delays.
Twitter would pay a smaller fee to bankers at 3.25% of its IPO valuation, compared to that of Facebook's, according to sources.
US Republican Senators said that President Barack Obama was open to changes regarding Obamacare, a possibility that the US deadlock on budget issues would be reached, reported Bloomberg.
Twitter Inc's most anticipated IPO had been clouded with social media giant Facebook's last year debut, said a Reuters report.
According to sources, there were at least seven bidders interested in acquiring a minority stake in Italian fashion house, Versace.
Chinese carmaker and France to contribute EUR1.5 billion individually for the expansion of Peugeot in Europe and in Asia.
