IBT Staff Reporter

108841-108870 (out of 154954)

Plutonic, GE to resume work at Canada wind farm

Canada's hydro-electric producer Plutonic Power Corp (PCC.TO) said its partnership with a unit of General Electric Co (GE.N) will resume construction of the 300-megawatt Dokie Wind Project in British Columbia by January 2010.

Mafia boss denies link to Berlusconi associate

A jailed Mafia boss told an Italian court on Friday he had never had ties with a close associate of Silvio Berlusconi, casting doubt on evidence from another mobster linking the prime minister to Cosa Nostra.

Cadbury to counter Kraft with strong defence

Cadbury Plc will argue for its independence on Monday with a defence document set to highlight its upbeat trading and show that its valuation is way above that of Kraft Food's bid, analysts said on Friday.

North Korea hints ready to return to nuclear talks

North Korea indicated on Friday it was ready to end its year-long boycott of nuclear negotiations, following talks in the reclusive state this week with a U.S. envoy trying to revive a disarmament-for-aid deal.

BC Partners picks banks for Brenntag IPO: sources

Private equity company BC Partners BCPRT.UL has hired four investment banks to supervise an initial public offering for chemicals distributor Brenntag, several sources familiar with the matter told Reuters on Friday.

Evening Star a Bearish Reversal Pattern

Evening Star is a three candle reversal pattern. This pattern usually appears on top of an uptrend and signals for a reversal. The reversal could actually be a correction in the trend or a complete reversal to a new trend (see image).

Icahn teams up with Beal Bank for Trump casinos

Investor Carl Icahn said on Friday that he bought the first lien bank debt of Trump Entertainment Resorts (TRMPQ.PK) and planned to team up with Beal Bank to present a restructuring plan for the bankrupt casino operator.

EU backs global financial transaction tax

The European Union urged the International Monetary Fund on Friday to pursue a global tax on financial transactions to limit the risk of another economic crisis, despite U.S. opposition.

China says to subsidize buyers of green cars

China will subsidize sales of green vehicles in five cities selected for a pilot programme as the government steps up efforts to promote environmentally friendly vehicles in a bid to cut fuel emissions.

Copenhagen carbon market draft sees looser rules

First draft proposals to scale up global carbon markets, under U.N. climate talks in Copenhagen, would soften the rule for project developers to prove their emissions cuts are tougher than normal trends.

Rostelecom to delist from NY stock exchange

Rostelecom (ROS.N), Russia's largest long distance call operator, said it would delist from the New York Stock Exchange as part of a reform of the state telecoms sector, though it will remain listed on local bourses.

Uranium glut caps shares but China boosts future

Shares in uranium producers offer prospects of long-term gains as China ramps up ambitious growth in its nuclear industry, but the ride may be rough due to excess near-term supplies from expanding mines and inventories.

Orascom Telecom opposes Mobinil deal approval

Egypt's Orascom Telecom (ORTE.CA) said it rejected regulator support for a France Telecom (FT) (FTE.PA) bid for shared asset Mobinil, which would net Orascom more than $1.6 billion but see it exit its home turf.

Japan seeks to make CO2 tech part of emission goal

Tokyo is considering ways to reflect in its 2020 greenhouse gas emission-cut goal the value of a global contribution to emissions cuts from Japan's energy-saving technology, a vice trade minister said on Friday.

Lasting carbon price rise needs utilities: BarCap

A sustained rise in European carbon prices in 2010 needs renewed buying from utilities rather than a positive outcome from U.N. climate talks in Copenhagen, Barclays Capital's head of environmental markets said.

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