Oil Minister Uzakbai Karabalin on Kashagan
Over 2000 weld seams have been inspected; we have covered over 6000 meters of pipes with in-line inspections; the data is being processed at laboratories, he said.
US allows Boeing to sell plane parts to Iran
The United States has issued a license allowing Boeing to do business with Iran for the first time since the US embargo of 1979, a company spokesman told AFP Friday.
05 April 2014 21:50
China's Huawei partners with Paris SG football club
Chinese tech giant Huawei has signed a three-year sponsorship deal with Paris Saint-Germain, one of Europe's biggest football clubs, the French club announced Saturday.
Kyrgyzstan cuts electricity supply to Kazakhstan
Ministry of Energy and Industry of Kyrgyzstan announced that they will not export electricity to Kazakhstan in 2014 due to the shortage of water in the largest water reservoir of the country Toktogul.
04 April 2014 02:42
Novartis replaces top Japan executives over drug trial scandal
Swiss pharmaceutical giant Novartis said Thursday it was replacing the top executives at its Japanese unit over allegations the division hid serious potential side effects of leukaemia treatments from regulators.
03 April 2014 14:57
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Mining giant BHP mulling demerger
Global mining giant BHP Billiton is considering spinning-off its aluminium, bauxite and nickel assets into a single entity that would be worth about Aus$20 billion ($18.5 billion), reports said Wednesday.
Japan shoppers see first sales tax rise in 17 years
Prices rose across Japan Tuesday as a controversial sales tax rise came into effect, with everything from beer to washing machines costing more, sparking fears a drop in consumer spending will derail a nascent economic recovery.
01 April 2014 20:18
Pilots' strike grounds Lufthansa
Lufthansa, Germany's biggest airline, said Monday it will be forced to cancel most of its flights later this week, grounding as many as 425,000 passengers, due to a pilots' strike.
S.Korea's Samsung SDI absorbs materials unit
Samsung SDI, the world's largest smartphone battery maker, said Monday it would absorb an affiliate producing electronic chemical materials, in the latest restructuring of the giant Samsung Group.
31 March 2014 12:18
Italian firm wins $1.2 bn Lima metro contract
Italian industrial giant Finmeccanica on Friday said it had won a $1.2 billion (873 million euro) contract for building and operating unmanned metro lines in Lima.
