New power suppliers nips at Japan's big regional utilities- report

A Reuters report revealed that new independent power supplies in Japan were giving large monopolies a run for their money.

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Philippine regulator says bidding for PHP 17.5 billion Mactan Cebu International Airport project set in November

The Department of Transportation and Communications said the bidding for the PHP 17.5 billion airport project was set for November.

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Consolidated Edison CEO and Chairman to retire by year's end

Kevin Burke, the long time CEO and Chairman of Consolidated Edison, announced his retirement from the firm by the end of 2013.

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United Utilities shares increase on forecast revenues

The forecast of increased revenues and profits had the share prices of United Utilities increase significantly.

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PE firms make profit from children care homes - report

A 52-page report commissioned by UK Education Secretary Michael Gove revealed that some private equity firms and property dealers benefited in excess from child care homes subsidized by the government.

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US authorities eye seizure New York luxury properties used in money laundering

US authorities want to seize real estate properties in New York that were used to launder money from Russia.

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NoKor, SoKor agree on reopening of Kaesong industrial park on trial basis

The two Koreas agreed to resume operations of the Kaesong industrial zone on a trial basis starting Monday.

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Integrated Electrical Services completes MISCOR Group purchase

Integrated Electrical Services Inc. announced today the completion of acquisition of MISCOR Group Ltd. paid through a combination of cash and stock.

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General Growth spends USD 567 million to buy back shares

General Growth Properties spent USD 567 million to repurchase shares, mostly from Pershing Square Capital Management.

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Beijing Enterprises Water to acquire projects in China

According to a regulatory filing with the Hong Kong Stock Exchange, Beijing Enterprises Water Group Ltd. would acquire nine water and sewage treatment projects in China.

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Emily Blunt, John Krasinski purchase USD 2 million house for new addition to family

Hollywood couple Emily Blunt and John Krasinski bought a new mansion in Ojai, California as actress confirmed her pregnancy.

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Hilton files for USD 1.25 billion IPO

A Securities and Exchange Commission filing today revealed that Hilton Worldwide applied for a USD 1.25 billion IPO.

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Americans remember the Twin Towers and the 9/11 attack

After the fall of the iconic Twin Towers building in 2001 due to terrorist attacks, the city of New York had funded the reconstruction with USD250 million cash and USD1 billion sale of bonds.

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Adventus Realty Trust inks deal to purchase Crossings office complex for USD 35.5 million- sources

Sources told ChicagoRealEstateDaily.com that Adventus Realty Trust would buy Crossings for a price tag of USD 35.5 million.

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Dalian Wanda Group to invest in US hotel management companies

In an interview with Bloomberg News, China's richest man Wang Jianlin has hired two investment banks to assist his company in planned acquisitions of hotel management companies in the US and London.

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