Copenhagen’s analysts said that any deals at Copenhagen will need to be supported by the world’s two largest emitters.
Senior US expert with the Chinese Academy of Social Sciences Zhou Qi said that China and the US must concrete and practical solution acceptable to both countries and must coordinate, therefore both sides have to make compromises.
The growing concern has Read more…
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Metal trader China Minmetals Corp is planning to buy Australian mining firm OZ Minerals Ltd for A$2.6 billion ($1.7 billion) in cash so as to ensure adequate supplies of non-ferrous metals.
The deal, which is intended to be completed in June, is, however, waiting for approval by Oz Minerals’ shareholders and respective governments. The company’s shareholders would hold meetings in May to decide whether the deal would go Read more…
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Sina Corp, China‘s largest portal website announced last month that it would make a deal with Focus Media, which is allowed to be one of China’s biggest advertising conglomerates.
The digital advertising business in the deal may be worth over $1.3 billion, with Sina acquiring Focus Media’s business in office buildings, elevators and supermarkets. The deal contributed 52% of Focus Media’s total Read more…
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US brewer Anheuser-Busch Cos Inc (AB) accepted a sweetened $52 billion takeover bid from Belgium-based InBev in July, creating the world’s largest beer maker, which will occupy a quarter of the world’s beer market, with Budweiser as its flagship brand.
The deal indicates the willingness of international beer giants in the sector Read more…
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