Chinese Oil Acquired Canada's NEXEN

      The China National Offshore Oil Corp (CNOOC) has completed its $15.1 billion purchase of Canada's Nexen energy group on Monday, in what analysts have said is China's largest foreign investment. Calgary, Alberta-based Nexen said in a statement on Monday that the deal has closed and that its shareholders will receive $27.50 in cash for each Nexen share. In a separate statement, the head of state-run CNOOC Wang Yilin said...

Read More

NSN tap makets for 700 Millions Euro

NokiaSiemens Networks (NSN) is planning to increase as much as 700 million Euros or equivalent of $930 Million from public markets in the spring to pay down debt and fund investment. The Financial Times said “ The high-yield bond will be the first time the Nokia and Siemens joint venture has tapped public markets and it will test the investor in the telecoms equipment maker ahead of possible listing .” NSN has been turned around thanks...

Read More

Buy a Facebook girlfriend for only $39

The NamoroFake.com offers a service of “make it look that you have a girlfriend on facebook” which may cost small fees. The company offers four level of fake female companionship. The fake girlfriend experience will cost the following : For “signifier” it will cost $10 US, cheaper but it is only good for 3 days and only gives you 3 comment at your post. For “ex-girlfriend” it will cost $19 US good for 7 days of companionship and...

Read More

Facebook search: Generate Revenue!

Facebookcurrently has a partnership with Microsoft, which Bing search engine provides search results for external website. It could add $500 million in their annual revenue if it generate just one paid click per user per year and raised it's price target on the stock by $ 4 to $ 35. The new search tool of Facebook has a strong potential to produce revenue for the social networking company. The “graph search” tool, rolled out on Tuesday, it is...

Read More

New polymer bills frustrates Vending Machine Manufacturers

Industry of vending machine in Canada made some complaints over introduction of new currency. The new $20 plastic bills give some difficulties toCAMA(Canadian Automated Merchandising Association).The spokesman of Canadian Automated Merchandising Association is complaining that, the central bank didn't give operators enough time to reprogram their machine to take the new polymer bill.  Association president AireKoifman said“We needed months'...

Read More