Which ever company wins the auction to take over control of Northern Rock it is questionable whether the taxpayers will ever get all of their money back.
The bidders must make a proposal as to how they will repay the £25 billion plus loan from the Bank of England some are promising early repayment of a […]

Google is lining up financing to bid on wireless spectrum in the Federal Communication Commission’s upcoming 700MHz auction, it has already built a small high-speed wireless network at its headquarters in Mountain View, Calif., to test out what it could do with the spectrum, the Wall Street Journal reported Friday.
The Journal cited sources saying the […]

Government of India have announced the sale (re-issue) of “7.99 per cent Government Stock, 2017 for a notified amount of Rs. 3,000 crore (nominal) through a priced based auction using multiple price method. Government of India have also announced the sale (re-issue) of “8.35 per cent Government Stock, 2022″ for a notified amount of Rs. […]

Ableauctions.com Inc. (AMEX:AAC) (the ?Company?) announced today the results of operations for the third quarter ended September 30, 2007.
Revenues from the Company?s liquidation services accounted for $1,030,252 (or approximately 78% of total revenue) compared to revenues of $913,391 (or approximately 74% of total revenue) during the same period in 2006.
Revenues from the Company?s live auction […]

The country’s second-largest government-owned oil and gas exploration company Oil India (OIL) has qualified as a non-operator in the latest round of oil blocks auction in Libya.
OIL and its international exploration partner Indian Oil Corporation (IOC) were now in talks with 35 other oil companies that have qualified as operators, said OIL Chairman and Managing […]

The Norwegian Post and Telecommunications Authority Wednesday said an auction of frequencies that can be used for fixed and mobile services have been finalized.
Nordic operators TeliaSonera AB (TLSN.SK) and Telenor ASA (TELNY) were among the five companies that paid a total of 229 million Norwegian kroner ($42.5 million) for the spectrum.
The licenses are valid for […]

Turkey’s Competition Board has approved the sale of state-run petrochemicals company Petkim to the second highest bidder in a July tender, the Anatolia news agency reported.
A consortium of the Azerbaijani oil company Socar, Turkey’s Turcas and Saudi-based Injaz Projects had made the second highest bid of $2.04 billion (1.39 billion euros) for a 51-percent stake […]

Shares of Sotheby’s,, fell againt after the company lost $14.6 million on auction guarantees at its impressionist-art sale this week.
Sotheby’s went into the fall auctions after getting board approval for $500 million of guarantees, or promises of fixed prices to sellers whether their art sold or not.
It was the second day of declines for the […]

Shares in Sotheby’s, the art auction house, dropped more than 28 per cent in heavy trading on Thursday after a disappointing sale of Impressionist and Modern art in New York on Wednesday night was followed by two analyst downgrades.
The sale, the second big auction of a two-week season, reached $270m (€184m, £128m), about a third […]

Brazil’s state oil company Petrobras unveiled on Thursday a giant crude reserve, sending its shares soaring and prompting the government to withdraw 41 oil blocks from an upcoming auction in a bid to keep potential natural resources out of foreign hands.
“This is about preserving the country’s sovereignty, while maintaining the auction with areas that are […]