Archive for December 2012
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Sudan has managed to boost oil production to almost 140,000 barrels per day and plans to add another 10,000 bpd next year, its oil minister said on Saturday after the African country launched a new
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Daimler Chief Executive Dieter Zetsche hopes to return the automaker to the top spot in the premium car market ahead of Audi and BMW by 2020, he said in an interview with a German paper.
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Lockheed Martin Corp and the US Defence Department have reached an agreement freeing up preliminary funding for production of a sixth batch of F-35 Joint Strike Fighters, according to two sources familiar with the negotiations.
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China amended its labour law on Friday to ensure that workers hired through contracting agents are offered the same conditions as full employees, a move meant to tighten a loophole used by many employers to
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Bundesbank President Jens Weidmann warned against complacency in the struggle to overcome the euro zone sovereign debt crisis and also denied he had considered quitting due to differing views with ECB President Mario Draghi, a
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Qatar Airways is filing a $600 million legal claim against a contractor for a delay in opening a new international airport in the emirate's capital, Doha, it said in a press release on Saturday. Lindner
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A Congolese inventor has unveiled what he says is the first African-designed smartphone. Verone Mankou, 27, told AFP that the so-called Elikia, which means "hope" in the local language, went on sale the day before
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France's Constitutional Council on Saturday rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande's push to make the rich contribute more to cutting
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Taiwan plans to start exploring for oil and gas in the South China Sea from next year, an official and local media said Friday, in a development that could increase tensions in the contested waters.
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Asian buyers of Iranian crude will deepen import cuts in 2013 and struggle to send cash to Tehran to pay for oil as tightening Western sanctions choke the flow of hard currency to Iran's coffers.
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