Dana Petroleum bid goes hostile as KNOC turns up heat in battle for oil
Hostile bid by Korea National Oil Corporation is first to be launched by a state-owned oil company
Market forces
Ocado hits new low, while FTSE falls for the third day
Ocado, the newly floated online grocery retailer chaired by Michael Grade, has fallen to a new low after Goldman Sachs revealed it had been in the market to support the shares almost every day since dealings began on 21 July
Oil reserves targeted by Asian nations
Dana Petroleum faces hostile takeover bid from South Korea