Burton Richter, Stanford University, CaliforniarnSpeaking on 26 August at IBM's Almaden Institute the Nobel laureate said that today's expensive and short-lived fuel cells must to go back to the R&D lab.rnbased in Cincinnati, Ohio, for US$3.1 billion, all of which will be borrowed. Six banks are fronting $4 billion to bankroll the acquisition, including $1 billion to refinance Warner Chilcott s current debt. The transaction, expected to close by the end of the year, would be the largest leveraged loan for an acquisition in 2009, portending the return of a looser lending environment.rnGreen investment: Government officials in Norway announced on 31 August that the country has redirected about US$4 billion of its $400-billion sovereign-wealth fund into environmentally friendly companies. The fund invests the country's oil and gas revenues and owns around 1% of global stocks. The change in investment strategy was decided earlier in the year, and includes $1.2 billion for 232 Indian companies.
展开▼
