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GDF Suez warns of lower profits next year

French group warned of harsh conditions in its European markets as it unveiled plans to cut costs, reduce debt and step up a push on growing markets

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Freeport returns to oil with $20bn deals

Taken together, the moves will create the fifth-largest natural resources company in the US and the fifth-largest mining company in the world

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UPDATE 1-Blackstone launching Asian real estate fund

NEW YORK, Dec 5 (Reuters) – Blackstone Group LP is
starting a new real estate fund focused on Asia as it seizes on
a “golden moment” to buy and sell in the property market, its
president said on…

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