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BUSINESS BRIEFS.(TO THE POINT)
ENERGY
CNOOC unfazed by Chevron vote
The head of the Chinese state-owned oil firm said the company will press on with its $18.5 bil bid for Unocal, despite a scheduled shareholder vote on Chevron's $16.4 bil offer, favored by Unocal's board. CNOOC said it will convince regulators that its purchase wouldn't harm U.S. security. It says its bid will spare more U.S. jobs. It didn't say whether it plans to raise its offer. CNOOC rose 7 cents to 59.32, Unocal slid 15 cents to 65.06 and Chevron fell 1.5% to 55.92.
MEDICAL
Glaxo unclear on vaccine ...
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