Kansas City Raises Offer for Mexico&#39;s TMM to $661 Mln
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Kansas City Southern, the US railroad, raised its offer for Grupo TMM SA to as much as $661 million to win control of Mexico&#39;s biggest rail network.
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Short-term interest rates were raised for the fifth time this year on Tuesday. The Federal Reserve has hiked the base rate a quarter-point to 2.25-percent.
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Oil rose on Monday, nearing $91 a  barrel, with prices supported by the closure of Mexico's oil  export terminals due to bad weather, as well as OPEC's  dismissal of calls to raise output.
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Oil firm Cairn Energy says the flotation of its Indian business next year will raise about Â£666m.
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Effective June 1, 2007, or as contract terms permit, Chemtura  Corporation (NYSE:CEM) will increase selling prices of all organotin  stabilizers by 10% for all package sizes in North and Latin America.
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MELBOURNE (Dow Jones)--The Philippine&#39;s San Miguel Corp. (SMCB.PH) Thursday said it is willing to pay A$1.78 billion for National Foods Ltd.
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The M.T.A., in an effort to raise more than $1 billion, wants to sell or lease many of its 14,000 properties.
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The Spanish government has reached an agreement with unions and employers to raise the minimum monthly wage by 4.5 percent to euro512.90 (&#36;699) on Jan. 1, news reports said Tuesday.
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Utility E.On AG said Friday it raised its offer for Spain's Endesa SA to $53.4 billion as it delivered its final bid in a more than year-long takeover saga.Comment
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Tortilla chip sales jumped $10.2 million a week, on average, in the two-week Super Bowl period last year.
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The move hopes to raise Mexicoâs tax collection rate to offset future declines in oil revenue.
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Tracinda Corp., controlled by billionaire investor Kirk Kerkorian, said on Wednesday it plans a cash tender offer to raise its stake in hotel and casino company MGM Mirage Inc.  to as much as 61.7 percent from the present 56.3 percent.
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Spanish bank Banco Santander Central   Hispano SAN.MC will pay $651 million to buy a 90 percent   stake in U.S. auto financing company Drive Financial Services,   it said on Monday.
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LONDON The Mexican cement company Cemex said Monday that it would buy the British concrete maker RMC Group for Â£2.3 billion to expand in Europe and increase its product line.
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LONDON: Mexico&#39;s Cemex, the world&#39;s third-largest cement maker, has agreed to buy Britain&#39;s RMC Group for around Â£2.3bil (US$4.
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Shares of WMC Resources Ltd., the world&#39;s fifth-largest nickel metal producer, rose on optimism Xstrata Plc. will need to raise its A$7.4 billion ($5.8 billion) hostile bid and that other companies may submit higher offers.
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STOCKHOLM - Nasdaq and Borse Dubai said yesterday they raised their bid for Sweden's OMX exchange by 15 percent to $4.9 billion and entered agreements with key shareholders to secure nearly half of OMX shares.