Oil battle sets showdown over China

Article Abstract:

China National Offshore Oil Corp. of China has bid $18.5 billion to acquire Unocal Corp. of the United States. China is increasingly buying into the American economy and the United States is just as actively investing in China. Washington regulators are currently concerned over China's increased military spending, urging China to revalue its currency and speculating on new tariffs and quotas on Chinese imports.

China, Acquisitions & mergers, International economic relations, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Petroleum refining, Mergers, acquisitions and divestments, Company acquisition/merger, Petroleum industry, Unocal Corp., China National Offshore Oil Corp.

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A kinder, gentler Wolfowitz at World Bank?

Article Abstract:

Paul Wolfowitz of the World Bank is to preside over the banks first annual international conference. Mr. Wolfowitz was appointed President in June and has taken a low key approach to running the development organization. Mr. Wolfowitz favours a more decentralized World Bank with emphasis on infrastructure and agriculture projects in Africa.

Management dynamics, Africa, World Bank, Management, Conferences, meetings and seminars, Company business management, Foreign assistance, Wolfowitz, Paul D.

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