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China Petroleum (PTR) is buying 45.5% of Singapore Petroleum for just over $1 billion and will probably move to purchase the balance of the company. China recently proposed a deal to lend $10 billion to Brazilian oil giant Petrobras to help it develop deep sea crude deposits. In exchange, the...

Author: /time Magazine | Title: As PetroChina Buys Into Singapore Pet, Issues About Strategic Interests Rise | 5/25/2009 | See Source »

China's largest companies are beginning to take center stage as the and most asset-rich corporations in the world. The market cap of PetroChina (PTR) recently passed Exxon Mobil (XOM) making it the most valuable company traded on any stock exchange. That gives it the option of using cash...

Author: /time Magazine | Title: As PetroChina Buys Into Singapore Pet, Issues About Strategic Interests Rise | 5/25/2009 | See Source »

We did, however, catch our own small break three years ago. Through the Westside Regional Center, my parents found out about Diverse Journeys, an assisted-living program willing to place Noah in a rented house in Los Angeles closer to my parents' home and therefore an easier commute for their...

Author: /time Magazine | Title: Growing Old with Autism | 5/25/2009 | See Source »

Until now, the European diplomacy backed by the Bush Administration has aimed at getting Iran first to suspend uranium enrichment and then to agree to forgo the right to enrichment on its own soil, instead importing the fuel for its nuclear-energy program, in exchange for a package of political...

Author: /time Magazine | Title: Iran's Missile Test: A Message to Obama | 5/22/2009 | See Source »

Las Vegas Sands is considering a range of ways to raise additional funding, including selling minority stakes in its existing Macau properties or listing its Macau operation on the Hong Kong stock exchange. The company "continues to pursue and consider a variety of options," says a Las Vegas Sands spokesman...

Author: /time Magazine | Title: Fortunes Fade for Macau's Casino Kings | 5/21/2009 | See Source »

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