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Last Updated: Thu, Jul 31 2014 | 10:57 AM |
Politics & Economics»

Russia signs a nuclear deal with Argentina

Monday, 14 July 2014 12:29 PM

Argentine President Cristina Fernandez and her Russian counterpart Vladimir Putin signed a nuclear energy cooperation deal with the country.

Politics & Economics»

Egyptians hit by drastic rise in fuel price

Sunday, 6 July 2014 11:34 AM

Egypt has raised mainstream fuel prices by up to 78 percent, which has been in effect since midnight of July 4, 2014, following on a promise to cut subsidies that eat up nearly a quarter of the government's budget.

Energy»

GE $17bn deal to save jobs, Alstom’s CEO says

Tuesday, 24 June 2014 12:09 PM

Alstom's CEO, Patrick Kron says the French heavy engineering firm's agreement to sell off most of its power generation business to the US rival General Electric Co. will save jobs and protect France's national interests.

Energy»

France buys 20% of Alstom

Monday, 23 June 2014 3:39 PM

The final obstacle to GE's $17bn takeover of Alstom's power division has been overcome after the French government agreed to terms with the French engineering company's main shareholder

Politics & Economics»

China and Vietnam meet over disputed waters

Thursday, 19 June 2014 12:00 PM

China and Vietnam went back on speaking terms on June 18, 2014, but concrete progress wasn't made and there was no sign of compromise on the critical issue of an Chinese oil rig operating in disputed waters.

Energy»

Russia cuts gas supply to Ukraine

Tuesday, 17 June 2014 1:02 PM

Ukrainian Prime Minister Arseniy Yatseniuk accused Moscow of aiming to cause supply problems in Ukraine in the winter.

Politics & Economics»

Nuclear talks with Iran in Geneva

Monday, 16 June 2014 11:32 AM

Nuclear talks between Iran and world powers have been under way in Geneva, focusing on efforts to agree upon a six-month suspension of Iran's nuclear activities in exchange for limited relief for Tehran from Western sanctions.

Politics & Economics»

Lukoil criticised over environment

Sunday, 15 June 2014 12:22 PM

Russian oil giant, Lukoil, accused of damaging the environment in search for oil and other resources in the northern Komi Republic.

Politics & Economics»

Ukraine and Russia fight over gas prices

Thursday, 12 June 2014 12:13 PM

Ukraine claims that Russia uses gas as a political weapon while Russian president, Vladimir Putin, says Ukrainian gas price demands force talks into "dead end."

Sport»

BP also joins FIFA sponsors’ pressure over Qatar Cup

Tuesday, 10 June 2014 12:45 PM

Oil company BP and the maker of Budweiser beer have joined the ranks of World Cup sponsors calling for soccer's rulers to tackle corruption allegations over the awarding of the 2022 tournament to Qatar.

Energy»

Gulf states spend $155bn on solar power projects

Monday, 9 June 2014 12:00 PM

Gulf countries are investing billions of dollars in renewable energy resources.

Healthcare»

Saudi Arabia: MERS fatality rates revised upwards

Thursday, 5 June 2014 12:06 PM

In Saudi Arabia fatality rates from a deadly new virus are now reported to be 41 percent, up from the previously estimated rate of 33 percent.

Politics & Economics»

Saudi Arabia invites Iran for visit

Wednesday, 14 May 2014 12:39 PM

Saudi Arabia has invited Iran’s foreign minister for a visit, hinting at a cautious thaw between the two bitter rivals. Saudi officials wouldn’t say when the invitation was made, but did say they haven’t received an answer yet.

Energy»

Takeover target Alston’s profit drops

Thursday, 8 May 2014 12:19 PM

Alstom suffered a drop in orders and annual profit last year, showing why the French industrial engineering group needs a deal with US conglomerate General Electric to secure its future.

Politics & Economics»

Saudi Arabia busts ‘Al-Qaeda cell’

Wednesday, 7 May 2014 12:37 PM

Saudi Arabia’s interior ministry says it has uncovered an Al-Qaeda group that has been plotting to assassinate officials and attack government and foreign targets. The cell is made up of 62 members, including 59 Saudi nationals.


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