By Euan Rocha and Saeed Azhar TORONTO/SINGAPORE (Reuters) - China's state-owned Sinochem Corp has invited Temasek, the Singapore sovereign wealth fund, to join a consortium ... More
TORONTO/SINGAPORE (Reuters) - China's state-owned Sinochem Corp has invited Temasek, the Singapore sovereign wealth fund, to join a consortium that may bid for Canada's Potash Corp <POT.TO>, the world's largest fertilizer supplier, sources with knowledge of the matter said on Tuesday. The move follows an order ...More
SAN FRANCISCO (Reuters) - Hewlett-Packard Co sued former Chief Executive Mark Hurd and asked a court to block him from joining Oracle Corp, saying his hiring by the rival technology firm puts HP's trade secrets "in peril." Oracle, the world's third-largest software maker, named Hurd co-president and director on ...More
NEW YORK (Reuters) - U.S. regulators are probing certain practices around "quote stuffing," where large numbers of rapid-fire stock orders are placed and canceled almost immediately, Securities and Exchange Commission Chairman Mary Schapiro said on Tuesday. "The SEC and other regulators are looking carefully at certain practices in this area ...More
CHICAGO (Reuters) - The Food and Drug Administration has warned beverage makers Dr Pepper Snapple Group Inc <DPS.N> and Unilever <ULVR.L> for making improper statements regarding green tea on product labels and web sites. In a letter dated August 30 and released on Tuesday, the regulator said Dr Pepper ...More
NEW YORK (Reuters) - Billionaire financier George Soros is donating $100 million to Human Rights Watch over the next 10 years, the group said on Tuesday. The grant from Soros' Open Society Foundations is the largest Soros has ever made to a non-governmental organization, Human Rights Watch said in a statement ...More
SINGAPORE (Reuters) - China's state-owned chemicals group Sinochem Corp has approached Singapore state investor Temasek to join a consortium that may bid for Canada's Potash Corp <POT.TO>, sources with knowledge of the deal said on Tuesday. The move appeared to underpin Reuters reports that Chinese officials had ordered ...More
LONDON (Reuters) - Change swept through the top of Britain's banks on Tuesday with Barclays <BARC.L> appointing its investment banking supremo Bob Diamond as chief executive and HSBC <HSBA.L> announcing its chairman is to go into government. HSBC, Europe's biggest bank, said Stephen Green would step down ...More
