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Video: Abbassian Says Global Food Prices May Keep Rising

by on January 13, 2011

Jan. 13 (Bloomberg) — Abdolreza Abbassian, senior economist at the United Nations’ Food and Agriculture Organization, discusses global food prices. The Rome-based FAO said last week that its world food-price index rose to a record in December, topping a previous all-time high set in June 2008. Abbassian speaks from Rome with Deirdre Bolton on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)

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Video: Abbassian Says Global Food Prices May Keep Rising

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Brandywine Acquires 1717 Arch for $129M

by on August 8, 2010

Brandywine Realty Trust said last week that it has acquired the leasehold interest in 1717 Arch St. in Philadelphia. The Blackstone Group sold the 1 million-square-foot office skyscraper for $129 million, or about $125 per square foot. The 53-story…

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Video: Cline Says Regulators Boosting Retained-Asset Disclosure: Video

August 3, 2010

Aug. 3 (Bloomberg) — Jane Cline, president of the National Association of Insurance Commissioners, talks with Bloomberg’s Julie Hyman about insurance companies’ so-called retained-asset accounts. The NAIC said last week it is reviewing the accounts after Bloomberg Markets reported that the funds allow more than 100 carriers to earn income on $28 billion owed to life insurance beneficiaries. (Source: Bloomberg)

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In The Pipeline: CoStar Development and Construction News For June 20-26

June 22, 2010

In this edition of In The Pipeline, the developer of the University of Miami Life Science & Technology Park seals the deal with its university anchor to occupy 80,000 square feet of office and lab space; BASF Corp. said last week that it is relocating…

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General Motors extends Saab deadline to Jan. 7 (Worcester Telegram & Gazette)

January 3, 2010

General Motors Co. will extend the deadline for talks on its Saab unit until Jan. 7, giving Spyker Cars NV more time to come up with financing to buy the Swedish brand, a GM official briefed on the matter said last week.

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Chinese Solar Power Giant Building First U.S. Plant

November 17, 2009

Suntech Power Holdings Co. Ltd., said last week that it is planning its first manufacturing plant in the United States. The solar power energy giant has selected the Greater Phoenix region for the new facility. With the announcement, Suntech becomes…

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Takeovers & Tenancy: SPSS Soon to Be an IBMer?

August 4, 2009

Computer technology giant IBM said last week that it plans to acquire SPSS Inc., the analytics software developer, for about $50 per share. The deal, worth about $1.2 billion, is expected to close in the second half of this year. The acquisition is…

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Takeovers & Tenancy: MetLife Consolidates, Flying J and Pilot Merge

July 21, 2009

In this week’s issue: MetLife combines its businesses Flying J plans a merger with Pilot to survive bankruptcy MetLife Integration Won’t Affect Real Estate but Could Affect Jobs MetLife Inc. said last week that it is combining its businesses into…

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