Dana Petroleum unveils KNOC defence plan, details Suncor acquisition
UK oil and gas explorer Dana Petroleum has dismissed a hostile £1.67bn bid from Korea National Oil Corporation (KNOC) as at least 15pc below its value. telegraph.co.uk |
Obama shakes up top team as economy falters
President Obama has shaken up his economic team and defended a new blitz of measures designed to shore up America's recovery. telegraph.co.uk |
Kerviel says he's crushed by French court sentence
By 2010-10-06T17:25:53ZPARIS (AP) -- Ex-trader Jerome Kerviel, speaking for the first time Wednesday about his tough sentencing in history's biggest rogue trading scandal, insisted he is a scapegoat for his former bank and compared the penalty to getting "hit on the head with a club."... hosted.ap.org |
Wellstream rejects £755m General Electric approach
Wellstream shares fell after General Electric (GE) confirmed that the oil services group had rejected a 750p-a-share approach. telegraph.co.uk |
Emerging Markets Report: More countries may seek to cool currencies
More emerging markets may ramp up efforts to curb gains in their currencies, say analysts, but officials call on all countries to cooperate in recovery efforts. feeds.marketwatch.com |