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Canadian fertiliser company PotashCorp fends off BHP

Potash (Potassium Carbonate) and phosphate company PotashCorp is fending off a bid from BHP today driving stocks and shares on the FTSE higher after Marius Kloppers, the chief executive of the mining company said that he would take his bid for the fertiliser maker to its shareholders.

BP lining up £5bn fund for oil spill

BP are in the process of talking with investment banks Blackstone Group LP, Goldman Sachs Group Inc and Credit Suisse Group AG, and now HSBC as it emerged that a £5bn war chest is being prepared.
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