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Companies team for technologies
TAIPEI, Taiwan, Oct. 5 (UPI) -- The United Arab Emirates is offering $5 billion for a 20-percent stake in a big Taiwanese oil company.
The UAE's state-owned International Petroleum Investment Corp. says its offer for one-fifth of Chinese Petroleum Corp. will expire by the end of the month, the Taipei Times reported Wednesday.
The offer for part ownership of CPC, which is 45 percent owned by the Taiwanese government, must be approved by the island nation's Parliament.
Taiwan is seeking buyers for its share of CPC as part of a broader privatization strategy.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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PORTLAND, Ore., May 23 (UPI) --
A $17.9 million U.S. Navy delivery order for maritime imaging systems has been received by FLIR Systems Inc.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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