Jinchuan Group, China's biggest producer of nickel, copper and platinum-palladium, has made a C$150 million offer for Toronto-based Crowflight Minerals.  Crowflight is a producer of nickel in Northern Manitoba and a holder of other development properties in Northern Ontario. The company recently restarted its Bucko Lake nickel mine within the Thompson Nickel Belt in Manitoba as the price of the metal recovered.

Royal Dutch Shell said on Tuesday it was planning to sell its operations in Finland as part of a drive to focus its operations on bigger markets.

Utility owner Xcel Energy Inc. has announced it is to buy two power plants from Calpine Corp. for $739 million.  The purchase includes the 621-megawatt Rocky Mountain Energy Center near Hudson, Colorado, and the 310-megawatt Blue Spruce Energy Center near Aurora, Colorado. The plantsÔÇÖ combined capacity can power about 700,000 homes. The Rocky Mountain and Blue Spruce plants, both fueled by natural gas, sell power to Minneapolis-based XcelÔÇÖs Public Service Co.

US billionaire Wilbur Ross has pledged ┬ú500 million to help Virgin Money bid for the Royal Bank of ScotlandÔÇÖs branch network.

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President Obama has outlined proposals allowing oil and gas drilling for the first time in vast areas of water off the countryÔÇÖs East Coast, in the eastern Gulf of Mexico and possibly offshore Alaska.  The President said the expansion in drilling would balance the rising demand for domestic energy production with the need to protect natural resources.

The best address in Abu Dhabi
The story of Mangrove Place is one of persistence, vision and steering a new business through some decidedly troubled economic waters. Ausama A. Zubaidi, CEO of Luxury Real Estate Development LLCÔÇöone of the leading private developers in Abu DhabiÔÇöoutlines to John OÔÇÖHanlon how the project will be one of Abu DhabiÔÇÖs finest.