Posted by: poddy on July 8th, 2008
China Oilfield Services Ltd (COSL) yesterday decided to offer 12.7 billion kroner ($2.5 billion) to buy Norwegian company Awilco Offshore ASA (AWO), in a move to create the world’s eighth largest rig fleet.COSL will offer 85 kroner a share in cash for the Norwegian firm, said a company statement yesterday. The offer represents a premium […]
Posted by: poddy on July 8th, 2008
China has taken a series of increasingly aggressive measures in the past several months to blunt the impact of so-called “hot money,” amid the explosive growth of its foreign exchange reserves, which have soared beyond what can be explained by trade and investment flows.
The inflows have been so massive as to raise alarms over the […]
Read: Unprecedented capital inflows test Chinese regulators »
Posted by: poddy on July 4th, 2008
Europe is a hotbed of mobile startups right now, so appropriately enough the Mobile 2.0 event which started in San Francisco is putting on a one-day international event tomorrow in Barcelona which focuses on mobile startups, dubbed Mobile 2.0 Europe. I’ll be moderating a panel there, hosting a TechCrunch networking party and we now have […]
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