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Nippon Oil, Nippon Mining Agree to Merge, Cut Costs (Update2)
By Shigeru Sato and Yuji Okada Dec. 4 (Bloomberg) -- Nippon Oil Corp., Japan’s largest refiner, and Nippon Mining Holdings Inc. have agreed to a (706.3 billion yen) $7.6 billion merger to cut costs amid plunging demand for fuels.
Source: Bloomberg
Views: 10 comments on "Nippon Oil, Nippon Mining Agree to Merge, Cut Costs (Update2)"
Friday, 09 January 2009
Hoenig: Fed needs plan to withdraw liquidity
DENVER (Reuters) - The Federal Reserve must have a plan to withdraw the hundreds of billions of dollars it is pumping into the economy or risk creating inflation during the...
(Source: Reuters) read more...
Friday, 09 January 2009
Dollar Heads for Weekly Loss Against Yen Before US Payrolls
By Ron Harui and Ye Xie Jan. 9 (Bloomberg) -- The dollar headed for its first weekly loss against the yen in three weeks before a US payroll report that may show the economy lost jobs...
(Source: Bloomberg) read more...
Friday, 09 January 2009
Lenders Backlogged By Refinancing Rush
By Dina ElBoghdady Borrowers are rushing to refinance their mortgages at record low rates but face unexpected delays as swamped lenders struggle to cope with the surge at a time...
(Source: Washington Post) read more...
Friday, 09 January 2009
As His Inmates Grew Thinner, a Sheriff’s Wallet Grew Fatter
By ADAM NOSSITER DECATUR, Ala. - The prisoners in the Morgan County jail here were always hungry. The sheriff, meanwhile, was getting a little richer.
(Source: New York Times) read more...
Bank of Korea Cuts Rate to Record as Recession Looms » (Bloomberg)
Two Australians Killed by Ice Fall at NZ Glacier » (Bloomberg)
India Presses Pakistan to Conduct Thorough Mumbai Attacks Probe » (Bloomberg)
Russia, EU Agree Monitoring for Ukraine Transit Gas » (Bloomberg)
- Citigroup Backs Bankruptcy Courts Cutting Loan Rates
- Wal-Mart, Sears Will Revert to Form
- Chevron Sees Significantly Lower Fourth-Quarter Earnings
- Prosecutors: Madoff hoarded $300M
- Consumers borrow less than expected
- Walgreen offering $1 billion in notes
- Mortgage rate relief might not last long
- Bank of America’s Greg Fleming Said to Leave for Yale
- Mag Bag: Country Home Shutters
- Colorado bomb threat curtails holiday events
- RI Sen. Pell, creator of Pell Grants, dies at 90
- Reporter’s Notebook ‘Hail to Chief’ Ambience for President in Waiting
- Memo to Caroline: Act Less Bouvier and More Triborough
- Metal Levels Found High in Tributary After Spill
- Schwarzeneggers latest budget plan: Deep cuts, large tax hikes
- Registry aims to keep inaugural gowns unique
- The Bush Hangover
- Pinellas Standoff Ends, Slaying Suspect In Custody
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