American mutual funds are scouring Europe for bargains, snapping up Dutch oil drillers, French drugmakers and Swiss food producers on speculation the region’s rally is just beginning as the U.S. bull market ages.
InterOil Corp. lost more than a third of its market value after agreeing to sell Total SA a majority stake in its Papua New Guinea natural gas discoveries for a price that won’t be known for at least a year.
Hiking along the Kokoda Trail in remote eastern Papua New Guinea last summer, Denis O’Brien discovered he didn’t have a mobile phone signal. The sturdily built Irish telecommunications tycoon knew how to fix that. He stormed into the local office of Digicel Group Ltd., the wireless operator he’d founded in 2001, and demanded that extra phone towers be erected along the route.
A convertible debt deal struck during the 2008 financial crisis led by billionaire Sheikh Mansour bin Zayed Al Nahyan of Abu Dhabi is set to trigger a contest for a slice of a $19 billion natural gas project.
The standings, results and schedule for the 2013 Rugby League World Cup. The tournament is hosted by England and Wales, with matches also played in Ireland and France. All times are local, click IC2 <GO> for time converter.