Global Mining Headed for a Slowdown: Citi

Analysts at Citigroup are slashing their estimates regarding just how much mining companies globally will spend this year, suggesting the industry is headed for a substantial slowdown, the Financial Times is reporting.

Hutchison Resubmits Bid For Debt-Laden Irish Telecom

Hong Kong-based diversified holding company Hutchison Whampoa Ltd. (Hong Kong: 0013) resubmitted its ?2 billion ($2.62 billion) cash bid for Dublin-based Eircom Group Ltd., the closely held fixed, mobile and broadband telecommunications services provider.

Mitsui, Mitsubishi Buy Stake in Woodside's Browse LNG Project

Woodside Petroleum Limited (AX: WPL) sold a 14.7 percent stake in its Browse liquid natural gas (LNG) development project for $2 billion to a Japanese joint venture operated by Mitsui & Company Limited and Mitsubishi Corporation, the Australian company announced Tuesday.


Cannibal Shrimp

Cannibal Shrimp Invading U.S. Waters

The U.S. coast is being invaded by cannibal shrimp, according to by the U.S. Geological Survey and the National Oceanic and Atmospheric Administration.