Allco loaded with nothing left to acquire - except itself
SMHALLCO Equity Partners, the listed cashbox run by former Macquarie banker Peter Yates which was part of the $11 billion aborted bid for Qantas, is to buy back some of its shares after failing to find a home for its investors' money.
Read full articleBanks
ShoreBank thrives despite early predictions
Opening a bank aimed at improving the quality of life in poor urban areas was supposed to be a grand... [read more]
U.S. subprime woes could hurt Swiss banks, report says
While banks including UBS and Credit Suisse have raised their ability to absorb shocks, recent increases... [read more]
Energy
BP in oilseed tree project
Company sets up a venture with biodiesel firm to increase planting of jatropha, a tree that produces... [read more]

For some oil companies, Venezuela is hardly the worst option
The edicts of President Hugo Chávez are relatively tolerable when compared with conditions in countries... [read more]

