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• Eastern KY Marine Dies In Kuwait
Military officials said a Marine Lance Corporal from eastern Kentucky died while serving in Operation Iraqi Freedom. The Department of Defense said 29-year-old Lance Corporal Chadwick A. Gilliam of Letcher County died January 3rd at a US Military ...
• Dow Chemical could close on Rohm & Haas this week
Some had questioned the deal's fate after a Kuwait state-owned company pulled out of a joint venture with Dow — to be called Dow Petrochemicals — late last year. Dow had expected more than $7 billion in cash from the joint venture. To pay for ...
• Oil settles above $48 on Mideast unrest
Iran's state television said OPEC countries have decided to hold an extraordinary meeting on falling oil prices in Kuwait in February. The report on Monday quoted Iran's OPEC governor Mohammad Ali Khatibi as saying the organization planned to bring ...
• Stocks Rise after Fed Minutes
Dow Chemical (DOW) said it will pursue legal and other options to fulfill rights under its agreement with Petrochemical Industries Co of Kuwait. Last month, Kuwait decided to scrap a deal to form a $17.4 billion petrochemical joint venture with Dow ...
• Summary Box: Legal match set in Dow-Kuwaiti deal
Kuwait pulled out of the deal following weeks of internal political pressure. Dow had expected to get more than $7 billion in cash from the transaction, some of which would have helped pay for its $15.3 billion buyout of Philadelphia-based Rohm ...