Distillates
UPDATE 10-Canada OKs CNOOC, Petronas deals, but slams door on any more
* Canada approves CNOOC bid for Nexen, Petronas buy of
Progress
* Ottawa to impose stricter conditions on foreign investment
* Raises questions about future resource-sector investment
* Canadian dollar, Nexen shares soar
* CNOOC agrees to commitments on transparency, investment,
others
(Adds details, edits)
By David Ljunggren and Charlie Zhu
OTTAWA/HONG KONG, Dec 8 (Reuters) – Canada approved China’s
biggest foreign takeover, the $15.1 billion bid by CNOOC Ltd
for ener
UPDATE 2-Suntech says it was defrauded, will restate 2010 income
Dec 7 (Reuters) – Chinese solar panel maker Suntech Power
Holdings Co Ltd, already under pressure from the
collapse in the price of its products, said an internal probe
concluded the company was defrauded by a partner in a solar
development fund.