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The proposed disposal of Lion Forest Industries Bhd's (LionFIB)'s forest assets is expected to result in a significant payoff for its shareholders in the form of capital repayment or special dividends. This is widely anticipated by its minority shareholders.
ROME(AP)- Sabotage against an oil pipeline in the Niger Delta of Nigeria forced the shutdown of production, Italian energy company Eni SpA said Saturday.
RICHMOND, Virginia: The U.S. Justice Department sharpened its objections Wednesday to a threatened shutdown of the BlackBerry e-mail system, saying it would be difficult to close it without affecting government users.
SHANGHAI, China: Buyers in Shanghai looking for knockoff designer goods may have to look a little harder in the future following the city's announcement Thursday of plans to close a downtown market notorious for fake goods.
TOKYO: Nikko Citigroup blamed human error on Thursday for a mistaken buy order for shares on the Tokyo Stock Exchange, heightening concerns about stock trading here following computer glitches and a botched trade in recent months.
CHANTILLY, Virginia: Low fares, convenience and customer service made Independence Air popular with travelers, but not even a loyal customer base could keep the airline from falling victim to rising fuel prices and competition from other discount carriers.