In a joint statement issued Wednesday, Unocal and Chevron announced early results from a vote of a majority of Unocal shareholders that favored acceptance of a Chevron offer of $69 per share....
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G4 bid to expand UN Council likely crippled by separate AU plan
The so-called G-4 plan for expansion of the UN Security Council now appears likely to fail as talks with the African Union to back the plan have broken down. Japan, Brazil, Germany and India...
African Union rejects G4 proposal for UN Security Council reform
At an emergency summit Thursday, African Union member states reaffirmed their commitment to a plan for UN Security Council reform that rejects a competing plan by the G4 nations . African states voted 46 to...
Rights group: abuses in China linked to Olympic preparations
In a report issued Friday, human rights group Amnesty International claimed that the abuses currently taking place in China are directly related to the country's preparations for the 2008 Olympic Games to be held...
UPDATE ~ China, US agree to block Security Council expansion
Updating an earlier report today on proposals for UN Security Council expansion, China's ambassador to the UN said Thursday that he and new US UN ambassador John Bolton had agreed that their countries would both work to...
After strong Congressional opposition to an $18.5 billion offer from the China National Offshore Oil Company Ltd. (CNOOC) and a $17.3 billion bid from Chevron, CNOOC has announced that it will drop its offer completely...
Rights group claims US holds two Uighurs at Gitmo after clearance
According to the Center for Constitutional Rights (CCR), the US military is holding two ethnic Uighur Muslims at Guantanamo that have been found not to be enemy combatants. Lawyers for Abu Bakker Qassim and Adel...
Corporations and securities brief ~ UK competition commission questions LSE takover
Leading Friday's corporations and securities law news, the UK's Competition Commission has concluded that takeover bids from Euronext and Deutsche Boerse for the London Stock Exchange (LSE) would negatively affect competition....
The United States and five Asia-Pacific countries Thursday formally announced an agreement to fight global warming, but critics attacked the voluntary deal for its lack of emissions targets and claimed it undermined existing treaties. The...
Zimbabwe pushes on with controversial demolitions, makes UN deal with China
Despite UN opposition , Zimbabwe continued its controversial demolition program on Wednesday, bulldozing a squatter township as riot police kept residents and observers out of the ruins. Zimbabwe President Robert Mugabe says the UN report [PDF...