AP – The state-owned Agricultural Bank of China plans to sell a 15 percent stake in what could become the world’s largest initial public offering, China’s securities regulators said.
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China to review plans for Agricultural Bank’s IPO
(AP)
AP – The newly appointed head of Nigeria’s state-owned oil company pressed on Thursday for the quick passage of a bill he said will help residents of oil-rich regions who say they do not benefit from the country’s oil wealth.
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Nigerian state oil firm wants oil bill passed
(AP)
The Gruyere from cheesemaker Cedric Fragniere in Kirchberg, Switzerland, was crowned best cheese at the World Championship Cheese Contest. John Jaeggi, the cheese industry and applications program coordinator for the Wisconsin Center for Dairy Research, discusses what makes a top cheese.
AP – Arrow Energy Ltd., a major owner of natural gas assets in northern Australia, said Monday that a company jointly owned by Royal Dutch Shell and PetroChina has sent it a takeover bid worth $3.3 billion Australian dollars ($3 billion).
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Arrow Energy gets $3 billion takeover bid
(AP)
AP – Government-owned mortgage finance company Freddie Mac on Wednesday priced $5.5 billion in three-year reference notes.
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Freddie Mac prices $5.5 billion in 3-year notes
(AP)
Reuters – Government-owned Dubai World will meet its main creditors next week to discuss a request to delay payment on $26 billion in debt that has shaken global markets and confidence in the Gulf Arab business hub.
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Dubai World to meet creditor panel on debt crisis
(Reuters)
The U.S. government has asked a federal judge to allow it to seize four mosques and a Manhattan skyscraper that are owned by a nonprofit group. The government says the group is a front for the Iranian government, which has been under economic sanctions for decades.
Reuters – Billionaire philanthropist Jeffry Picower accidentally drowned in his Florida swimming pool after suffering a heart attack, police investigating the death of the prominent Bernard Madoff investor said on Monday.
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Madoff friend drowned due to heart attack
(Reuters)
Italy’s Prime Minister Silvio Berlusconi says his country has avoided the global downturn and its economy’s future is rosy. But in northeast Italy’s Manzano — the self-proclaimed chair capital of the world — hundreds of small and medium-sized, family-owned companies are closing.
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