Nippon Oil, Nippon Mining to mergeJapan's top refiner Nippon Oil Corp and sixth-ranked Nippon Mining Holdings said they are considering a merger to create the world's eighth-largest oil major to better compete amid sliding prices and slower demandAnother Goldman unit hit by declineGoldman Sachs' plans to expand its wealth management operations have been dealt a potential setback by a dramatic decline in the value of another of its fundsChinese group sues Vale IncoA large Chinese battery manufacturer is suing two units of Vale, one of the world's largest mining companies, in a patent infringement case that highlights the growing number of Chinese companies using local courts to protect their interestsHarvard endowment loses $8bn in four monthsThe world's wealthiest university placed the decline at 22%, bringing the figure to $28.7bn and underscoring how higher education has been hard hit by the global financial crisisAdobe slashes revenue forecastThe US software group lowers its outlook for the November quarter to $912-$915m and announces job cuts, the latest indication of how the crisis has hit the technology sectorCarlyle to cut 10% of staff as downturn bitesPrivate equity firm Carlyle is cutting 10 per cent of its staff in the latest indication that buy-out firms will not be immune to the meltdown in the marketsFortress suspends Drawbridge redemptionsThe listed private equity group has suspended redemptions at its flagship fund in order to maintain assets after investors sought to withdraw more than $3.5bn in funds Vodafone to appeal against India tax rulingThe Mumbai High Court dismissed a landmark challenge by Vodafone against a $2bn tax case in a blow to the UK group and a potential setback for other companies looking to make major investments in IndiaEDF tries to scupper Buffett's energy bid The French state-controlled utility launched a direct challenge to billionaire Warren Buffett with a $4.5bn bid for 50 per cent of the nuclear fleet owned by its US partner Constellation EnergyDiscounts drive 15% sales jump on 'Cyber Monday'US online retailers saw an annualised 15 per cent jump in sales on the Monday following the Thanksgiving weekend, according to early estimates, as aggressive bargains boosted traffic on the day the industry has dubbed 'Cyber Monday' US auto union makes concessions The main car workers' union said that it would suspend a contentious practice that allows so-called 'idled' car workers to collect virtually full pay and benefits without working New Star agrees £240m rescue with banksOne of the UK's best known fund managers has agreed to a debt-for-equity swap deal that will leave a group of four banks, including HBOS, Lloyds TSB, HSBC and RBS, in control of the groupIberia gives BA merger ultimatumThe chief executive of the Spanish carrier said it would be 'too complex' for BA to pursue deals with both it and Qantas of AustraliaMerckle at risk of losing empire German billionaire who lost large sums by betting on falling share prices may have to hand over control of large parts of his industrial empire to his banks. Dassault in pledge over Thales chief roleAircraft group will not put forward own executive should Ranque leave in wake of stake sale
liberally in vehicles and bought 5.9 Million new cars. It was more than China's total vehicle population in 1990. The country is the 2nd largest car market after US. So this addition in the existing caravan of cars is bolting tons of oil. China depends heavily on imports to meets its oil demand. Also, oil is a major culprit of spreading urban pollution. Hunting new fuels for vehicles will not only take care of the environmental pollution but also aid in diversifying fuel consumption of China.
According to a Research Analyst at RNCOS, who has recently researched on "Future Outlook for Global LNG Market (2010)", the invasion of middle class consumers in vehicle market is on a high. Hence, China's government is offering many strategies to combat the problem of vehicle pollution to portray a clean image.
The research report "Future Outlook for Global LNG Market (2010)" also addresses the issues and facts that are critical for your success, like:
§Atlantic LNG market growing at faster pace as compare to Asia-pacific market
§Rising involvement of Middle East as LNG importer.
§Japan & Korea held the position of largest LNG importer in 2005
§Insight into market performance
§Rational analysis on Global LNG Industry
§Opportunities and success factors for LNG market
This report will help the clients to analyze the evolving situations in LNG market.
For more information visit: http://www.rncos.com/Report/IM07593.htm
Current Industry News: http://www.rncos.com/blog
We provide global business information for industry research, business consulting, & bring reputed companies and firms to us for business enhancement solutions.
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