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Arctic Oil Tempts Norway to Seek Drilling at ‘Gates of Hell’ |
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Sept. 25 (Bloomberg) -- Norway started a push to explore for oil and natural gas in more remote regions like its Arctic volcanic island of Jan Mayen, as the country seeks to reverse almost a decade of dwindling North Sea output. |
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Obama, joined by French President Nicolas Sarkozy and British Prime Minister Gordon Brown, demanded |
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Sept. 25 (Bloomberg) -- The Federal Reserve decided to keep pumping $1.25 trillion of new money into the mortgage market to focus on rescuing the U.S. economy as the financial system revives and banks ask for less help. |
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Obama Says Iran Breaking Rules With Nuclear Plant (Update1) |
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Sept. 25 (Bloomberg) -- President Barack Obama said Iran is “breaking rules” by secretly building a nuclear fuel plant that is “inconsistent with a peaceful nuclear program.” |
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Merck Paying More Than 3,100 Death Claims in Vioxx Settlement |
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Sept. 25 (Bloomberg) -- Merck & Co. is paying claims by the families of more than 3,100 users of its Vioxx painkiller who died of heart attacks or strokes blamed on the drug, according to a law firm administering a $4.85 billion settlement fund. |
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Nycomed May Raise Bid for Solvay Drug Unit (Update1) |
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Sept. 25 (Bloomberg) -- Nycomed A/S may raise its offer for Solvay SA’s drugs unit after its bid fell short of the owner’s 5 billion-euro ($7.35 billion) target, according to people familiar with the situation. |
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