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Creative Loafing welcomes new owners hot off distress
Ben Eason will walk through the newsroom of Creative Loafing Inc. for the last time Wednesday.
Biz Journal Wednesday, August 26, 2009

ING expects private bank bids next week: sources
Dutch bancassurer ING is expecting final bids for its Asian and Swiss private banking assets within the latter part of the next week, sources familiar with the sale said on Wednesday.
IB Times Wednesday, August 26, 2009

Premier Barnett Welcomes Federal Decision on Gorgon
Premier Colin Barnett has welcomed today's Federal Government environmental approval to enable the development of Chevron's Gorgon project.
rigzone.com Wednesday, August 26, 2009

Daewoo invests $5.6 b to export Burmese gas to China
A consortium of South Korean and Indian companies is to invest $5.6 billion in producing natural gas in Burma for export by pipeline to China, the Times reported on Tuesday.
IB Times Wednesday, August 26, 2009

Brazilian beef company Bertin mulls IPO - report
Brazil's second-largest beef exporter, Bertin, may sell stock in an initial public offering as it looks to raise cash and fund future investments, Valor Economico newspaper reported on Wednesday, quoting a company director.
IB Times Wednesday, August 26, 2009

Gazprom Q1 net profit falls, tipped to bounce back
Gazprom, the world's biggest gas company, saw net profit fall in the first quarter, when it paid more for Central Asian gas and incurred foreign exchange losses, but was tipped to bounce back in the rest of 2009.
IB Times Wednesday, August 26, 2009

Santam H1 profit up, claims to hit H2 margins
South Africa's largest property and casualty insurer Santam Ltd expects underwriting margins to remain under pressure in the second half after a rise in high-value property fire claims hit first-half returns.
IB Times Wednesday, August 26, 2009

Tullow: Uganda Ngassa Well May Be Large Oil Find
Tullow Oil said Wednesday that drilling data indicate one of its key prospects in Uganda, Ngassa, may contain significant oil resources.
rigzone.com Wednesday, August 26, 2009

MDI completes reverse stock split
MDI Inc. has completed a 1-for-10 reverse stock split that had been previously announced. The company's common shares are now trading on a split-adjusted basis under the trading symbol MDIZ.PK.
Biz Journal Wednesday, August 26, 2009

Judge confirms WCI plan of reorganization
A bankruptcy judge on Wednesday approved a plan of reorganization for luxury home builder WCI Communities (WCIMQ.PK), according to court documents, helping clear the way for the company to emerge from Chapter 11 bankruptcy protection.
IB Times Wednesday, August 26, 2009

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