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Latest News

Teck to sell 17 percent stake to China for C$1.74 billion (Reuters) -

Teck Resources President and Chief Executive Officer Donald Lindsay speaks to shareholders during the annual general meeting in Vancouver British Columbia April 26, 2006. REUTERS/Lyle StaffordReuters - Teck Resources (TCKb.TO) said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.


Fri, 03 Jul 2009 21:29:07 GMT
Stanford clients sue insurance broker Willis Group (Reuters) -

Texas billionaire Allen Stanford gives members of the media a thumbs up as he leaves the Bob Casey Federal courthouse in the custody of U.S. Marshals in Houston June 29, 2009. REUTERS/ Steve CampbellReuters - Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd , contending it was a willing participant in a $7 billion fraud at the Texas-based investment company.


Fri, 03 Jul 2009 20:48:47 GMT
Dollar status unlikely to be in G8 communique: G8 source (Reuters) - Reuters - The dollar's status as the top global reserve currency is unlikely to be mentioned explicitly in the final communique at next week's Group of Eight summit, a European G8 source involved in preparations for the meeting said on Friday. Fri, 03 Jul 2009 18:13:35 GMT
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