IOI Corp , the world's third-biggest listed palm oil firm, plans to buy large tracts of plantation land in Malaysia and set up processing plants in Europe to boost revenues and take advantage of the global commodity boom.
The estate of Elisabeth Schwarzkopf, the legendary German soprano who died in 2006, went under the hammer here this week, raising much more than expected for two children's charities, the Vienna-based auction house Dorotheum said Friday March 14th.
Investment funds that have ploughed tens of billions into commodities are now sniffing around Australia's small wool futures market for a new play as surging food prices begin to reduce land for grazing.
Singapore's GIC sovereign wealth fund is to take a 14.3 percent stake in the Benetton family's holding company, Luxembourg-based Sintonia SA, for one billion euros (1.53 billion dollars), Sintonia said Tuesday March 11th.
Major department store chains reported lower February same-store sales on Thursday as consumers spent less on home goods and women's apparel in the weaker U.S. economy. J.C. Penney Co Inc reported a 6.