China's CNOOC lauds Canadian approval of Nexen buy

BEIJING (AP) -- China's state-owned CNOOC said on Saturday that it is delighted that the Canadian Ministry of Industry has approved its $15.1 billion proposed takeover of Canadian oil and gas producer Nexen. Once finalized, it will be China's largest overseas energy acquisition, coming at a time when other Chinese companies such as telecommunications giant Huawei are encountering difficulties in...

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CNOOC pledge small step for China transparency, skeptics abound

SINGAPORE/HONG KONG (Reuters) - CNOOC's promise of transparency, pledged to win approval from Canada for its $15.1 billion purchase of Nexen Inc, looks like a positive step on the face of it but is unlikely to represent a sea change in Chinese business practices. To be sure, the details of commitment are not clear. The state-controlled energy firm has promised the Canadian government an annual compliance...

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Huawei duplicará personal en Europa

HELSINKI (Reuters) - El proveedor de equipos de telecomunicaciones chino Huawei Technologies planea duplicar su plantilla de empleados en Europa durante los próximos años e instalará un centro de investigación en Finlandia destinado a desarrollar nuevos teléfonos avanzados. Los planes de expansión para Europa se dieron a conocer dos meses después de que legisladores estadounidenses señalaron que...

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Huawei to double staff in European expansion

HELSINKI (Reuters) - Chinese telecoms equipment maker Huawei Technologies plans a hiring spree in Europe, seeking growth outside the United States where its prospects have been clouded by spying concerns. Huawei said on Monday it planned to double its workforce in Europe and would set up a research center to develop new smartphones in Finland, where former global leader Nokia Oyj is shedding thousands...

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Pa. woman sues Google over Gmail privacy, ads

PHILADELPHIA (AP) -- A Pennsylvania woman has accused Google Inc. of illegal wiretapping for "intercepting" emails she sent to Gmail accounts and publishing content-related ads. Her lawsuit echoes others filed around the country by class-action lawyers who say the practice violates wiretap laws in some states. They represent email users who do not have Gmail accounts and have therefore not signed...

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WRAPUP 1-Basketball-Milan, Partizan face early Euroleague exits

By Zoran Milosavljevic BELGRADE, Dec 8 (Reuters) - Defeats in the penultimate round of the Euroleague's preliminary group stage on Friday left the competition's former winners Emporio Armani Milan and Partizan Belgrade staring at early elimination. Fenerbahce, who spent heavily last summer hoping to assemble a side capable of slugging it out with Europe's best, are also skating on thin ice after...

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Lakers' Gasol sidelined for third straight game

(Reuters) - The Los Angeles Lakers will once again be without injured forward Pau Gasol when they try to climb back to the .500 mark against the streaking Oklahoma City Thunder on Friday. The Spaniard will miss his third straight game due to tendinitis in both knees and Antawn Jamison is expected to start in his absence, having scored 15 points as Gasol's replacement in each of the previous two games. "Tonight...

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