No image available
/ 27 November 2007

Universal Studios to build $3,1bn S Korea park

Universal Studios and its partners will build a 2,9-trillion won (,1-billion) theme park in South Korea by 2012, its largest project in terms of investment size. The park, spanning 4,7-million square metres and featuring hotels, golf courses and rides based on popular movies and TV shows, would be similar in scale to the Universal Orlando Resort in Florida

No image available
/ 20 November 2007

BHP chief talks Rio value, steelmakers howl

The chief of the world’s biggest mining group, BHP Billiton, pushed his case for a mega-merger with rival Rio Tinto on Tuesday in the face of growing opposition from big Asian customers. Rio Tinto, meanwhile, was considering offering joint ventures with BHP as an alternative to its bigger rival’s takeover offer.