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Archive April/2008


Woodside $1.5 Bln Angel Gas Platform Installed

KARRATHA, Australia (Reuters) - Woodside Petroleum Ltd, operator of the North West Shelf liquefied natural gas (LNG) venture in Australia, said it has completed the installation of a A$1.6 billion

April 8th, 2008 | Categories: Investment

Several Gulf States Set on Currency Deadline

DOHA (Reuters) - Several members of the six-nation Gulf Cooperation Council (GCC) that includes Saudi Arabia are determined to meet a 2010 target to introduce single currency, the council's secretary

April 8th, 2008 | Categories: Investment

Europe to Press G7 on Market Faultlines, FX Flux

BRDO, Slovenia (Reuters) - Europe will press the G7 group of industrialized economies next week to demand more disclosure from banks on their securitization activities and the exotic securities behind

April 8th, 2008 | Categories: Investment

More Than 50 Pct Chance of U.S. Recession: Greenspan

MADRID (Reuters) - There is more than a 50 percent chance the United States could go into recession, former Federal Reserve chairman Alan Greenspan told El Pais newspaper in an

April 8th, 2008 | Categories: Investment

Workers Strike at Peru’s Doe Run Smelter Facility

LIMA (Reuters) - Workers went on strike to demand a share of profits and better working conditions at Peru's La Oroya smelter and metallurgical facility on Saturday, but the U.S.-owned

April 8th, 2008 | Categories: Investment

European Unions Protest on Pay

LJUBLJANA (Reuters) - Thousands of protesters took to the streets of Slovenia's capital on Saturday to denounce low pay and corporate greed across Europe as politicians and central bankers called

April 8th, 2008 | Categories: Investment

IMF Chief Sees Forecast Economic Risks

WATFORD (Reuters) - Centre-left leaders from around the world called on Saturday for urgent reform of global financial institutions to prevent a recurrence of the credit crisis.

April 8th, 2008 | Categories: Investment

AIG’s Sullivan Sees Pay Fall About 48 Pct in 2007

NEW YORK (Reuters) - American International Group <AIG.N>, the world's largest insurer, cut Chief Executive Martin Sullivan's 2007 pay by about 48 percent from 2006, to $13.93 million, according to

April 8th, 2008 | Categories: Investment

Suit Alleges Nextel Faked Pre-merger Sales Data: Paper

NEW YORK (Reuters) - A former Sprint Nextel <S.N> executive has sued the No. 3 mobile service provider for wrongful dismissal, saying that she was fired after claiming Nextel Partners

April 8th, 2008 | Categories: Investment

Jury Rules For Alcatel in Microsoft Patent Case

SEATTLE (Reuters) - Microsoft Corp <MSFT.O> said on Friday a U.S. jury awarded Alcatel-Lucent <ALUA.PA> $367.4 million in damages after finding that the company had violated two patents related to

April 8th, 2008 | Categories: Investment

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