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German flood damage insurance claims may reach 3bn

2013-06-11 20:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Damage from the past week's flooding in Germany is expected to lead to insurance claims of up to EUR3bn (2.5bn), a credit rating agency has said, as flood levels on the Elbe river in the country's north appeared to stabilise. Further south, the peak of the flood on the Danube, Europe's second-longest river, moved away from the Hungarian capital, Budapest, toward Serbia. The Elbe, the Danube and other rivers have overflowed their banks following weeks of heavy rain, causing extensive damage...

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Rosneft plans to acquire Itera gas firm for $3bn

2013-05-29 01:00:00| Hydrocarbons Technology

Russia-based state-controlled oil company Rosneft is planning to acquire local gas firm Itera for $3bn in a bid to strengthen its presence and challenge Gazprom's industry dominance.

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KPN completes 3bn rights issue

2013-05-17 02:00:00| Total Telecom industry news

Dutch incumbent concludes fund-raising spree in bid to get to grips with 12.5 billion debt.

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Qatar offers Egypt $3bn lifeline

2013-04-10 13:15:08| BBC News | Business | UK Edition

Qatar says it will buy $3bn of Egyptian bonds to help the crisis-hit economy recover.

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Sinopec plans JV to acquire $3bn worth of oil and gas assets from parent firm

2013-03-25 01:00:00| Offshore Technology

China Petroleum & Chemical (Sinopec) has said it will form a joint venture (JV) to buy $3bn's worth of overseas oil and gas assets from a number of Sinopec Group-owned overseas oil and gas producing assets.

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