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WASHINGTON: President Barack Obama assured the nation his recovery plan was on track Monday, scrambling to calm Americans unnerved by unemployment rates still persistently rising nearly four months after he signed the biggest economic stimulus in history.
DUBAI: Kuwait's sovereign wealth fund said Sunday that it has no plans to sell stakes in Citigroup Inc. and Merrill Lynch Co. because it has faith in the potential of the U.S. banks.
BOGOTA (Reuters) - Colombian stocks and bonds will fall if market-friendly President Alvaro Uribe is barred by the courts from running for a third term next year, a ruling that would upset investors but create buying opportunities.
NEW YORK: Fuel supplies headed toward disaster zones in the U.S. Northeast on Saturday and a million customers regained electricity as near freezing temperatures threatened to add to the misery of coastal communities devastated by superstorm Sandy.
What does it take to get the best out of people and palm fruit in a plantation? One company shows the way.
VANCOUVER: Singapore-based Woodfibre LNG signed a letter of intent on Wednesday with the province of British Columbia, advancing the company's goal of making its first liquified natural gas shipments to Asia by early 2017. The letter of intent comes just two days after Premier Christy Clark signed a similar deal with Malaysia's Petronas
PETALING JAYA: The race to acquire a major stake in New Britain Palm Oil Ltd (NBPOL) has further intensified, with seven parties expressing interest, including four Malaysian plantation giants.
PETALING JAYA: It will be a very close fight among plantation giants Wilmar International Ltd, Sime Darby Bhd and Felda Global Ventures Holdings Bhd (FGV) in their bid to acquire a 49% stake in New Britain Palm Oil Ltd (NBPOL) worth RM3bil, according to industry experts.