The latest oil-drilling rigs are able to withstand storms and other threats, so they can be placed farther offshore. WSJ’s Guy Chazan reports on West Venture, a rig owned by Norway’s richest man, that is rented for $500,000 a day. (March 31)
Inditex posted a 16% rise in net profit for the fiscal fourth quarter and gave a bullish outlook for the current year, saying it would target growth in China, Japan, South Korea and Russia.
There’s likely to be stepped up scrutiny for private equity in Paulson’s new plan — but so far the details are vague. And it’s unknown whether venture capital is considered part of that umbrella. But the last time the government responded to a mark