Reuters - Members of the Rockefeller family are
calling on Exxon Mobil Corp to make corporate
governance changes and adopt a renewable fuels strategy to help
address the soaring cost of energy.
AFP - British oil and gas giant BG Group said Wednesday it had bid 12.1 billion US dollars (7.8 billion euros) in cash for Origin Energy, Australia’s second-largest energy retailer.
AFP - Europe’s main stock markets dropped on Wednesday in cautious trade as investors awaited a statement from the US central that will accompany an expected cut in interest rates, dealers said.
AFP - Australia’s second-largest energy retailer, Origin Energy Ltd, said Wednesday it had received a 12.9 billion dollar (12.05 billion US) takeover proposal from UK-based BG Group.
Reuters - Oil dipped on Wednesday, a day after the
rallying dollar triggered the market’s sharpest fall in four
weeks, as traders waited to see whether the U.S. Federal
Reserve would signal an end to its interest rate cuts.
Investor’s Business Daily - Investors’ taste for stock funds didn’t last long as they withdrew money in March after coming back the month before.