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Argent Energy Trust is looking to raise $213-million in an IPO this month, using a new corporate structure that mimics the fondly-remembered income trust.
Where the mega-rich are hiding their money
A Tax Justice Network report suggests the amount of outgoing cash from developing countries to tax havens since the 1970s would be more than enough to pay off their debts to the rest of the world.
Fairfax boosts stake in RIM
Fairfax Financial Holdings Ltd. has roughly doubled its holdings in Research in Motion Ltd., bringing its stake up to nearly 10 per cent.
Spanish fears stalk world markets; bailout seen as inevitable
Growing fears that Spain will need to be bailed out hit markets hard Monday, sending stocks around the world sharply lower and the euro down to a fresh two-year low against the dollar.
U.S., European authorities on the brink of Libor arrests
U.S. prosecutors and European regulators are close to arresting individual traders and charging them with colluding to manipulate global benchmark interest rates, according to people familiar with a sweeping investigation into the rate-rigging scandal.
Anadarko drops Brazilian sale U.S. oil company
Anadarko has shelved plans to sell its Brazilian assets after failing to elicit an acceptable price, in a sign of how western majors are cooling towards a country once considered the most exciting frontier in global oil.