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Canada's government says it is aware hackers breached security at a domestic manufacturer of...

Canada's government says it is aware hackers breached security at a domestic manufacturer of software used by big energy companies, but decline to comment on a report that a Chinese group could be responsible. If so, it could complicate matters for Ottawa, which must decide whether to approve the $15B bid by China’s Cnooc (CEO) to take over Nexen (NXY).
Comments (5)
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    Wow!

     

    and Cn wonders why Congress is hesitant for Cn corps Acquisitions of USA corps.

     

    The scare is reality ...
    28 Sep 2012, 05:06 PM Reply Like
  • Jennifer Loh
    , contributor
    Comments (56) | Send Message
     
    CNOOC is trying to develop its country and feed its 85% people still in poverty. It is trying to buy a company that is out for sale and that has gone down, it is not try to coerce and rob like some contries used to do to China, even that kind of fair play, people wants to stop it, see how twisted those people/countries are!!
    28 Sep 2012, 06:06 PM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    MNCs have no country ...
    28 Sep 2012, 07:54 PM Reply Like
  • Uncle Pie
    , contributor
    Comments (2689) | Send Message
     
    the oil companies are despised by the various environmentalist groups....it could be that one or more of their more radicalized members have become hackers....a more plausible culprit than China, which is eager to buy energy assets around the world.
    29 Sep 2012, 12:25 PM Reply Like
  • Venerability
    , contributor
    Comments (3048) | Send Message
     
    Once again, if you wish to play the CNOOC-NXY deal through a very interesting "derivative," consider buying some Bombardier.

     

    Some Canadian think tanks now agree with me that Bomber deals on both the train and plane side may serve as quid pro quos for approval of Nexen.

     

    Bombardier executives stood cheek by jowl with PM Harper on his recent trade summit in China, and the company is seen by the Harper government as a major Player in its efforts to support Canada's workforce.

     

    A solid train deal already came in a couple of weeks ago, and Bomber is already a de facto - if as yet unproven - strategic partner with Comac on the plane side.

     

    I would go out on a limb and say very positively that if a "surprise" C-series order from China comes in shortly, the Nexen deal would be approved literally overnight.
    29 Sep 2012, 02:45 PM Reply Like
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