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Member 2143
EnCana to split into separate oil, gas companies (Reuters)
12-05-2008 02h59Reuters - EnCana Corp , Canada's biggest energy company, said on Sunday it plans to split itself into separate oil and natural gas companies in efforts to lift its value with crude prices at record highs.
Citigroup eyes selling Japan consumer unit: paper (Reuters)
11-05-2008 14h26Reuters - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday.
China forms company to make regional, jumbo jets (Reuters)
11-05-2008 16h03Reuters - China has established a company to build regional commercial jets, with an eye to eventually reducing the country's reliance on Boeing and Airbus for jumbo jets, official media said on Sunday.
News Corp unexpectedly drops bid for Newsday (Reuters)
11-05-2008 04h05Reuters - Rupert Murdoch's News Corp (NWSa.N) on Saturday dropped its $580 million bid for Tribune Co's Newsday newspaper, just days after Murdoch said a deal was imminent, leaving cable television operator Cablevision as the likely winner of the Long Island daily.
Shell pulls out of Iran gas deal (Reuters)
10-05-2008 21h52Reuters - Oil major Royal Dutch Shell (RDSa.L) has pulled out of a planned gas project in Iran, after coming under pressure not to participate from U.S. lawmakers who were concerned about Iran's nuclear programme.
March trade deficit drops by bigger-than-expected amount (AP)
10-05-2008 19h56AP - The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending. Analysts forecast that trade would continue to be one of the economy's few bright spots this year.
Citigroup eyes selling Japan consumer unit: paper (Reuters)
11-05-2008 14h26Reuters - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday.
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