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A Safety Net For Global Capitalism - Inside Munich Re, The World's Risk Center

When natural disasters, like floods in Pakistan or earthquakes in Haiti, strike, Munich Re, the world's largest reinsurance company, ends up paying part of the bill. Munich Re offers capitalism a safety net, and no other company is more familiar with life's risks..  More.

 

Federal Judge Orders Pricey Selenium Cleanup At 2 Coal Mines

A U.S. federal judge has ordered Patriot Coal Corp. to spend millions of dollars to clean up selenium pollution at two surface coal mines in West Virginia..  More.

 

Chile miners soon to 'see' loved ones over video link

The 33 Chilean miners trapped underground longer than anyone on record will soon be able to see and talk to loved ones through a video link, Health Minister Jaime Manalich said Thursday..  More.

 

Luminant’s Oak Grove Plant Named POWER Magazine’s “2010 Plant of the Year”

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE:FLR) announced today that the 1,600 megawatt (MW) two-unit supercritical power plant, designed and built for Luminant in central Texas, has been named POWER Magazine’s “2010 Plant of the Year.” Fluor provided engineering, procurement, construction and commissioning for the plant with the two lignite-fired supercritical units reaching ....  More.

 

APA, BHP, Caltex, Rio, Santos, Strike, Wesfarmers: Australia Stock Preview

The following is a list of companies whose shares may rise or fall in Australia. This preview includes news announced after markets closed. All prices are from yesterday’s close unless otherwise stated..  More.

 

Market Report: Man tops the FTSE 100 as bid talk dominates again

For a second day, the takeover talk was going gangbusters, with rumours in at least four major UK-listed companies doing the rounds. Top of the blue chips at the end of the session was the world's largest listed hedge fund, Man Group. The group rose 12.5p to 229p predominantly after broker Numis raised its recommendation from "reduce" to "buy" a day after it shareholders approved the acquisition ....  More.

 

Effects of state furlough vary from agency to agency

Commonwealth's Attorney Tom Lockridge, the state prosecutor for Jessamine and Garrard counties,.  More.

 

Lord Lyell of Markyate: Lawyer and MP who endured a turbulent time as Attorney General in John Major's Conservative ...

During the long years of Margaret Thatcher's dominance of Conservative and national politics, Nicholas Lyell occupied a somewhat anomalous position on the political spectrum and never gained the advancement which, his friends believed, his talents merited. He served for seven years from 1979 as Parliamentary Private Secretary to Sir Michael (later Lord) Havers, who became Attorney General in the ....  More.

 

Churchill's Secret War, By Madhusree Mukerjee

Ihave not become the King's First Minister in order to preside over the liquidation of the British Empire," Winston Churchill famously declared in 1942. That passion for empire did not, however, entail the duty of protecting the lives of the King's distant subjects, especially Indians, "a beastly people with a beastly religion." In 1943, as millions were dying of starvation in 1943 in Bengal ....  More.

 

Pension fund approached on Potash bid

The head of a major Canadian pension fund says a Chinese sovereign wealth fund is interested in making a joint-bid with a Canadian pension fund for fertilizer-maker Potash Corp. of Saskatchewan Inc. Leo de Bever, chief executive of Alberta Investment... Canada - Potash Corporation of Saskatchewan - Sovereign wealth fund - Chief executive officer - BHP Billiton.  More.

 

Oklahoma Citizens Concerned About Aquifer Use

MILL CREEK, OK--Water-and how much of it is being used-is a concern for some Oklahoma citizens. An organization is trying to limit the water being pumped from an Oklahoma aquifer. The Arbuckle-Simpson.  More.

 

MANTRA RESOURCES: APPOINTMENT OF TED MAYERS AS DIRECTOR

Mantra Resources Limited is pleased to announce the appointment of Mr Ted Mayers as an independent non-executive Director of the Company, effective immediately. Mr Mayers is based in Canada, is a Chartered Accountant and has extensive experience as a finance executive in the resources sector..  More.

 

China Day Ahead: Potash Approach; Newbridge Sells Ping An Insurance Stake

Chinese investors approached Alberta Investment Management Corp., a Canadian pension fund, to consider a joint counterbid for Potash Corp. of Saskatchewan Inc. , the fund’s chief executive officer said..  More.

 

Rusoro Grants and Re-Prices Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Rusoro Mining Ltd. (the "Company") (TSX VENTURE:RML) has granted incentive options under its Stock Option Plan to certain directors, officers and employees for the purchase of a total of 5,366,000 shares in the capital of the Company. The options are exercisable on or before September 1, 2020 at a price of $0.20 per share, being the ....  More.

 

Buyout talk boosts Tui Travel

Shares in Tui Travel, which last month warned on profits, have shot to the top of the FTSE 100 leaderboard on the back of a report that its largest shareholder is mulling an all-out bid. Germany's TUI owns 42.5% of its namesake and according to a report in Financial Times Deutschland, its supervisory board will meet this week to discuss whether to buy the rest. Shares in Tui added 10.4p to 211 ....  More.

 

Massey Execs' Access To Mine After Blast Questioned

NPR NEWS INVESTIGATION: The two officials were underground, unsupervised for as much as four hours after the explosion at the Upper Big Branch coal mine in April. Massey Energy says the pair were searching for survivors, but some investigators and experts are concerned they could have tampered with evidence..  More.

 

MH man claims to own huge emerald

The so-called Bahia Emerald weighs 840 pounds and is valued up to $925 million. Courtesy of LA County Sheriff's Department. The fabled Bahia Emerald, weighing in at about 840 pounds with an untold monetary value, has been lugged across hemispheres, claimed by more than a dozen different parties including a hurricane, gone missing for years at a time and is, needless to say, already the subject ....  More.

 

Japanese, Australian Stock Futures Advance Following U.S. Data

Japanese and Australian stock futures rose after U.S. reports showed an unexpected increase in pending home sales and improved retail sales..  More.

 

BHP Billiton May Bid For Anadarko, Report Says

BHP Billiton May Bid For Anadarko, Report Says.  More.

 

Eldorado Confirms Proposal to Andean Resources

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Eldorado Gold Corporation (TSX:ELD)(NYSE:EGO)(ASX:EAU) ("Eldorado" the "Company" or "we") today confirmed it has approached the Board of Directors of Andean Resources Limited ("Andean") with a proposal to combine the two companies, thus creating the world's fastest growing and lowest cost gold producer..  More.

 

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