Marketplace PM for December 11, 2006

Episode Description 

DP World selling U.S. assets to AIG

Following post-9/11 security controversy with Congress earlier this year, the Dubai-owned company hands over its assets to American insurance giant AIG for an estimated $700 million. Amy Scott reports.
Posted In: Canada

Oil money flowing out of dollars

A report released today says foreign oil-producing companies concerned about extra U.S. scrutiny are replacing dollars with euros and yen. Sam Eaton takes a look at what that might mean for the greenback.
Posted In: Canada, Economy

Shell reportedly turns over control to Gazprom

There are reports that Shell has given in to pressure from the Kremlin and offered to give up control of its $22 billion Sakhalin 2 natural gas project to Russia's Gazprom. Stephen Beard reports.
Posted In: Canada

U.S. should enlist Libya's help

Commentator Benjamin Barber has a proposal to simplify America's energy problems. After meeting with Libyan leader Moammar Qaddafi, he came away thinking we might just be able to make a deal.
Posted In: Canada

Looking only for results

At its headquarters, Best Buy is editing the word "schedule" from its vocabulary in a quest for worker satisfaction. Annie Baxter reports.
Posted In: Retail

SEC changing auditing standards

Smaller publicly-owned companies that have complained about current corporate governance rules get a crack at regulatory relief on Wednesday when the Securities and Exchange Commission meets to consider changes. John Dimsdale reports.
Posted In: Investing, Wall Street, Washington

Gears turn slowly for banks in China

When China joined the World Trade Organization five years ago, Beijing agreed to open its banking industry to foreign competition. But Western banks complain it's moving at a grinding pace. Scott Tong reports.

Boss' new directive: More toys!

If you spend a full eight hours on the job every day, that adds up to a third of your life between college and retirement. For some companies that's way too long not to be having any fun. David Martin Davies reports.