It has been labeled a “blood- sucking vampire” by a prominent commentator on state-run television. Executives at China’s largest banks have called for regulators to curb its rapid expansion.
An Iran freed of economic sanctions would prove the final frontier for global equity investors, according to investment bank Renaissance Capital.
After every coal-mining deal this year left the buyers with losses, Australia’s New Hope Corp. is still managing to attract multiple takeover offers that would lead to a record payoff.
New York Mayor Bill de Blasio defended himself on multiple fronts after enduring criticism from some of his closest allies and even television weatherman Al Roker.
The takeover of gas producer Arrow Energy Ltd. by Royal Dutch Shell Plc and PetroChina Co. will generate a A$326 million ($308 million) profit for shareholder New Hope Corp., giving the coal miner more cash for acquisitions.
Republican Governor Chris Christie of New Jersey begins his second term today in search of his trademark verve as his administration’s legal troubles overshadow a possible 2016 presidential run.
New York Mayor Bill de Blasio placed a telephone call to police after the arrest of a supporter but didn’t ask for the man’s release, a City Hall spokesman said.
New Hope Corp. rose to a record in Sydney trading after the Australian coal producer valued at A$5.1 billion ($4.9 billion) received takeover offers from unidentified companies.
Tata, India’s largest business group, may bid for New Hope Corp., the Australian company valued at A$4.9 billion ($5.1 billion), to secure thermal-coal mines, three people familiar with the plan said.
New Hope Corp. , an Australian coal producer that this week won support to buy Northern Energy Corp., said first-half profit rose almost fourfold after the sale of its stake in Arrow Energy Ltd.