PPM Blog

MOSCOW -(MarketWatch)- Russian Polar miner OAO Norilsk Nickel GMKN.RS said Friday it has mandated banks to arrange an up to $1.5-billion loan with a five-year maturity. Interfax news agency reported earlier in the day the miner was going to spend [...]

Of THE WALL STREET JOURNAL In Japan’s most aggressive move to promote exports of nuclear technology since the Fukushima Daiichi accident in March, a Tokyo-based utility consortium signed a deal with Vietnam on Wednesday to conduct a feasibility study for [...]

– Pang Da, Youngman to invest EUR2.2 billion in Saab Automobile over 5-6 years, includes EUR610 million for 2012-2013 — Saab Automobile to cut SEK1 billion in structural costs, reduce headcount by 500 — Aims to restore profitability, positive cash [...]

(“UPDATE: Citigroup 3Q Profit Jumps 68% On Accounting Adjustment, Intl Strength,” published at 8:34 a.m. EDT and an earlier version at 8:21 a.m., misstated the income figure for both periods. A corrected version follows:) Read More

PARIS -(MarketWatch)- French nuclear technology company Areva (AREVA.FR) said Thursday it has signed a memorandum of understanding to strengthen its collaboration with China National Nuclear Corp to cooperate in improving the safety and operation of nuclear power stations. Read More

–FDA has begun year-long nationwide pet-food testing to detect salmonella contamination –Concern is health of pet owners –People can get salmonella poisoning by putting contaminated objects or fingers into the mouth –CDC advises to wash hands after feeding pets and [...]

STOCKHOLM -(MarketWatch)- Swedish car maker Saab Automobile AB said Tuesday that takeover talks between its owner Swedish Automobile NV (SWAN.AE) and two Chinese investors will continue despite the fact that a memorandum of understanding signed by the parties only runs [...]

– Saab Auto CEO says talks with its Chinese investors on ownership structure ongoing — Says new information sent to Saab Auto’s former owner General Motors Co. — Muller says Pang Da and Youngman taking a 54% stake off the [...]

–State-owned company aims to start producing oil again –Petroperu plans to sell shares on Lima Stock Exchange –Company aims to enter petrochemical industry LIMA -(MarketWatch)- Peru’s state-owned Petroleos del Peru, or Petroperu, plans to start producing oil again after a [...]

–State-owned company aims to start producing oil again –Petroperu plans to sell shares on Lima Stock Exchange –Company aims to enter petrochemical industry LIMA -(MarketWatch)- Peru’s state-owned Petroleos del Peru, or Petroperu, plans to start producing oil again after a [...]