Australian miner Oxiana Ltd launched an agreed A$6 billion ($5.6 billion) takeover offer for Zinifex Ltd yesterday, as they look to diversify to benefit from booming global minerals demand.
Pearson Plc, the publisher of the Financial Times newspaper, reported 2007 profit that surpassed analyst estimates as the company expanded its education business and sold some assets.
United Technologies Corp, the maker of Otis elevators and Chubb security systems, went public with its offer to buy Diebold Inc for $2.63 billion after failing for two years to persuade the manufacturer of automated teller machines to discuss a combination.
Sears Holdings Corp, the retailer controlled by investor Edward Lampert, reported fourth-quarter profit that plunged more than analysts projected after appliance and clothing sales declined.
Deutsche Telekom AG, Europe's largest telephone company, reported an unexpected fourth-quarter loss on additional costs to cut jobs.
BMW, whose 7-Series sedan spews twice as much carbon dioxide as General Motors' tiny Corsa, may boost its stock 30 percent with cleaner engines that meet Europe's new carbon-emission rules.
Ailing US carmaker Chrysler Holding LLC sustained a net loss of 1.94 billion euros according to IFRS accounting rules between the close of its sale on Aug 4 and the end of the third quarter, former owner Daimler said.
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Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
Liu Shinan
