De Luca News
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Exxon Mobil Corp., the world’s most valuable oil producer, teamed up with billionaire Eike Batista to search in Brazilian waters as the country raised a record amount in its first oil bidding round in five years.
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Exxon Mobil Corp., the world’s most valuable oil producer, teamed up with billionaire Eike Batista to search in Brazilian waters as the country raised a record amount in its first oil bidding round in five years.
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BP Plc and Total SA, Europe’s biggest oil companies after Royal Dutch Shell Plc, won exploration rights in the Amazon basin as Brazil’s first oil auction in five years attracts a record level of bids.
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Brazil is set to break the $1.1 billion record from auctioning oil exploration licenses in the first round since 2008 that offers areas on land and in deep waters, said the head of the Brazilian Oil Institute.
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Baker Botts LLP announced three lateral hires last week including international tax lawyer Don J. Lonczak and capital markets lawyer Bonnie A. Barsamian.
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Baker & McKenzie LLP will merge with United Arab Emirates 40-lawyer law firm Habib Al Mulla on July 1, to create Baker & McKenzie Habib Al Mulla. The firm will advise clients on local and international law in its Dubai offices and, with regulatory approval, in Abu Dhabi.
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Logitech International SA’s Guerrino De Luca has taken back the position of chief executive officer, a role he held for 10 years, after the world’s biggest maker of computer mice lost more than four-fifths of its value since he quit the job to become chairman.
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Logitech International SA dropped as much as 13 percent in Zurich trading after the company cut profit forecasts for a second time in two months, putting pressure on interim Chief Executive Officer Guerrino De Luca to find a successor.
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Logitech International SA, the world’s biggest maker of computer mice, dropped the most in nine months in Zurich trading after cutting full-year forecasts for the third time, citing the weaker euro and declining sales.
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Logitech International SA said Bracken P. Darrell will succeed Guerrino De Luca as chief executive officer next year as the world’s biggest maker of computer mice seeks to revamp its products.
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