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Talisman shares surge as Repsol confirms interest in possible takeover

2014-12-16 04:12:20| Oil & Gas - Topix.net

Spanish energy giant Repsol says its board of directors is considering a potential takeover of Calgary-based Talisman Energy Inc. It says at a board meeting set for today, the acquisition of all of Talisman's shares will be up for consideration. In its own statement, Talisman says it's in talks with Repsol about a "potential corporate transaction" as well as other firms about "various" deals.

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Russia raises interest rate to 17%

2014-12-16 00:08:25| BBC News | Business | UK Edition

The Russian central bank announces a huge rise in its key interest rate - to 17% from 10.5% - to try to stem the rouble's fall.

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Market dials down interest in wireless carriers

2014-12-15 15:47:06| Telecom - Topix.net

The four largest U.S. wireless carriers have lost $45 billion in market value in the past month amid concern about a price war and rising costs of providing services, The Wall Street Journal reports.

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Nido Petroleum makes offer on Otto Energys interest in Galoc oil field

2014-12-15 01:00:00| Offshore Technology

Nido Petroleum has made an offer to acquire Otto Energys 33% working interest in the Galoc oil field in the Philippines for $108m.

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Russia raises interest rates to 10.5%

2014-12-11 12:21:14| BBC News | Business | UK Edition

Russia's central bank raises interest rates to 10.5% from 9.5%, the second hike in six weeks, as it seeks to combat inflation.

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