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Biggest gold firm 'takeover bid'
Publish Date : 10/18/2004 12:13:00 PM Source : Business News Onlypunjab.com
South Africa's largest domestic gold producer Harmony will reportedly make a surprise takeover bid on Monday for the world's fourth biggest, Gold Fields.
A merger would create the world's biggest gold company - if accepted by Gold Fields' shareholders.
The Financial Times reported that Russian metals giant Norilsk Nickel, which has a 20% stake in Gold Fields, was backing the bid.
The FT said Gold Fields' plan to merge with Canada's Iamgold angered Norilsk.
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Once Again, Spitzer Follows E-Mail Trail
Publish Date : 10/18/2004 1:26:00 PM
Several years ago, the manager of a big insurance company received an odd request from a counterpart at Marsh & McLennan Companies, the world's largest insurance broker.
Investor Suit at Disney Puts Exits in a Spotlight
Publish Date : 10/18/2004 1:22:00 PM
Just when it appeared that Michael D. Eisner, the chief executive of the Walt Disney Company, could begin enjoying the company's turnaround and his final years in charge, a shareholder lawsuit threatens ....
Risks Seen for TV Chain Showing Film About Kerry
Publish Date : 10/18/2004 1:21:00 PM
Senator John Kerry could find his presidential hopes damaged this week when the 62 television stations owned or managed by the Sinclair Broadcasting Group carry a documentary about his antiwar activities 30 years ago.
Ford to Offer Sirius Radio as an Option in More Cars
Publish Date : 10/18/2004 1:19:00 PM
The Ford Motor Company plans to announce on Monday that it will offer Sirius Satellite Radio in more of its cars and trucks and that it will begin installing the satellite radio systems at its factories for the first time.
Oil sees new high in Asia trade
Publish Date : 10/18/2004 12:23:00 PM
Oil prices have surged past a record $55 per a barrel in Asian trade, amid concerns over winter fuel supplies.
Biggest gold firm 'takeover bid'
Publish Date : 10/18/2004 12:13:00 PM
South Africa's largest domestic gold producer Harmony will reportedly make a surprise takeover bid on Monday for the world's fourth biggest, Gold Fields.
Union expects winter power crisis
Publish Date : 10/18/2004 12:12:00 PM
Britain is facing winter blackouts and rising energy prices because of a "looming crisis" in electricity generating capacity, a union has warned.
Kerry rebukes Bush over 'Sopranos' tax lecture
Publish Date : 10/18/2004 11:57:00 AM
President George W. Bush and Democratic rival John Kerry fought over who is the most wasteful spender in their televised election debate here.
Oil Back at $54 on Winter Heating Worries
Publish Date : 10/18/2004 11:56:00 AM
Oil prices climbed back to $54 a barrel on Thursday as a U.S. government report showed another fall in heating fuel stocks ahead of winter.
Asian Shares Hit by Metals Tumble, Oil
Publish Date : 10/18/2004 11:53:00 AM
A sharp slide in global metals markets hammered industrial and mining stocks such as JFE Holdings and BHP Billiton Thursday, while oil prices crawled back toward record highs.
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