Economic historian Niall Ferguson recently wrote in the Financial Times that a Greek crisis is coming to America. Citing the explosion of public debt, Ferguson argued the debt crisis of Greece and other European nations will cross the Atlantic to our shor
From The Business Insider, March 1, 2010: Warren Buffett explains how America has to change its health care system and fast. He doesn’t agree with everything the Obama administration is
doing. For one thing, he believes it hasn’t been focused enough on
Global markets rallied overnight and U.S. stocks rose early Monday amid multiple reports that a bailout package for Greece worth as much as $41 billion will be announced by Friday.But German Chancellor
From The Business Insider, March 1, 2010:
European shale-derived could become a reality far sooner, and in far larger quantities, than markets expect.
In a Securities and Exchange disclosure from last Thursday Chevron
confirmed that it won new righ
Merger Monday at long last? Spearheaded by British inusrer Prudential buying American International Group’s Asian life insurance unit for about $35.5 billion, the start of the week sees a swathe of deals announced.
Prudential confirms it is in advanced talks to buy the Asian arm of American International Group. The sides are finalizing the terms and financing, which will see Pru launch a $20 billion rights offer.
And others:
German pharmaceutical company Merck KGAA agrees to buy Millipore for around $7.2 billion, including net debt.
Oil and gas major Royal Dutch Shell is selling a number of assets, including its European liquid petroleum gas businesses, to fund a 28 billion pound capital spending programme, the FT reports, citing unnamed sources.
U.S. private equity firm TPG has emerged as a front runner to buy Dow Chemical’s Styron plastics business, the Wall Street Journal says, citing several people familiar with the matter.