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05/11/2008 10:03 PMM Stanley fund to tap Asian growth Bank to unveil $4bn private equity fund dedicated to infrastructure projects – the latest move by a fund manager into countries that have not been affected by the financial crisis
05/11/2008 07:20 PMCivil war fear as Lebanon clashes escalate Fierce clashes involving rockets and heavy machine guns erupted in Lebanon between pro-government forces and opposition gunmen in mountains east of Beirut as Arab foreign ministers held an emergency meeting in a bid to find a solution to worsening crisis.
05/11/2008 10:03 PMGermany urges higher EU food import standards Germany believes China, India and the US should be forced to adopt higher environmental and health standards if they want to export food products to the European Union, says Horst Seehofer, Germany's farm minister
05/11/2008 06:41 PMOxfam warns 1.5m Burmese face catastrophe International aid agencies are struggling to scale up their work in Burma as desperate survivors of cyclone Nargis pour out of the Irrawaddy delta in search of water and food
05/11/2008 10:25 PMEnCana to split operations EnCana, one of North America's biggest independent energy producers, is to split itself into two publicly traded companies, with the goal of boosting the market value of its oilsands interests in northern Alberta
05/11/2008 10:03 PMShipping rates near record levels A combination of port delays, strong demand and ship shortages last week sent bulk shipping rates back close to record levels
05/11/2008 10:03 PMCentral bankers help drive bond rally Central bank interventions helped drive a sharp rally in bonds backed by good-quality mortgages although conditions are not strong enough to boost new mortgage lending
05/11/2008 07:00 PMShell and Repsol drop Iran gas project Pair's withdrawal from the $10bn-plus development deals heavy blow a blow to Tehran's attempts to expand its energy exports in the face of US and international sanctions
05/10/2008 08:35 PMMurdoch drops $580m Newsday bid News Corp dropped its $580m bid for Tribune's Newsday newspaper, just days after Rupert Murdoch said a deal was imminent, leaving cable TV operator Cablevision as the likely winner of the Long Island daily
05/11/2008 04:58 PMRhino licensed to do things Sinatra's way Rhino Entertainment, a unit of Warner Music, paid Frank Sinatra's heirs $50m to form a 50-50 joint venture designed to commercialise his estate
05/11/2008 05:15 PMDoubts as Turkish IMF deal expires The end of a $10bn loan agreement removes an anchor for Ankara's economic and structural reform programme just as the economy appears to be heading into difficulties
05/09/2008 06:49 PMCiti looks to slash $15bn off cost base Plans to shed up to $500bn of unwanted assets and slash some $15bn off its cost base, in an effort to kick-start profit growth, underline the investment bank's challenge in bouncing back from the credit crisis
05/09/2008 11:11 PMObama takes lead among super-delegates Barack Obama for the first time overtook Hillary Clinton's support among the unelected "super-delegates" who will ultimately settle the Democratic nomination
05/09/2008 08:21 PMEx-Halliburton unit in bribery probe US anti-bribery investigators are targeting a former Halliburton subsidiary over its work on a key Royal Dutch Shell project in Nigeria, widening a corruption probe into the country's troubled oil industry
05/09/2008 06:33 PMMicrosoft to appeal against EC fine Microsoft said it would appeal against the record-breaking $1.4bn fine imposed by Brussels two months ago
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