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Liberia gives go-ahead to palm oil project
September 3, 2010 09:17 AM

The government of Liberia has embarked upon a $1.6 billion palm oil project with Golden Agri-Resources (GAR), the subsidiary of Singapore palm oil producer Golden VerOleum.

Goldcorp adds Andean to its portfolio
September 3, 2010 11:57 AM

Canadian mining giant Goldcorp has agreed to buy Andean Resources Limited for C$3.6 billion, thereby adding the Cerro Negro gold deposit in Argentina to its assets.

Retailers bid for Carrefour assets
September 2, 2010 09:07 AM

Retailers from Europe and Asia are in an auction battle for the south-east Asian assets of the French supermarket chain Carrefour.

Afren posts strong results
September 1, 2010 09:18 AM

Africa-focused oil company Afren has announced strong interim results on the back of higher oil prices, and looks set to double production this year.

Nissan announces electric partnership with Hawaii
September 1, 2010 01:33 PM

Automaker Nissan has announced a partnership with the state of Hawaii to promote electric vehicles (EVs) and their supporting charging network across the state.

EnCore reports North Sea oil find
August 31, 2010 09:23 AM

UK oil and gas explorer EnCore Oil has announced a new North Sea oil find at its Cladhan field.

Westlake gives green light to new plant
August 31, 2010 04:27 PM

Westlake Chemical Corporation announced today it is proceeding with the delayed construction of a new chlor-alkali plant to be located at its vinyls manufacturing complex in Geismar, Louisiana.

World Dairy Expo names Giffords Grand Champion
August 31, 2010 06:53 PM

Gifford’s Ice Cream, central Maine’s third-generation family ice cream business, has been acclaimed “Grade A & Ice Cream Grand Champion” at the 2010 World Dairy Expo.

Denman wins international power contract
August 30, 2010 12:00 PM

Denman Instrumentation Ltd, based in Hull, England, has secured a major contract with French power engineering company Alstom on a €1 billion joint repowering and new construction project in the southeast of the Netherlands.

Homeland security market offers business opportunities
August 30, 2010 12:11 PM

The US private sector homeland security market is forecast to rise to over $11 billion by 2014, according to research by Homeland Security Research Corporation.

Suntech signs South Africa solar deal
August 27, 2010 09:32 AM

Suntech Power Holdings Co Ltd, China's largest maker of solar panels, has signed a deal to develop solar plants in South Africa with up to 100 megawatts in capacity.

Emerging markets boost Diageo
August 26, 2010 09:15 AM

Diageo, the world's biggest drinks maker, has reported pre-tax profits of £2.24 billion in the year to the end of June—an increase of 12 per cent.

Dynasty makes first gold shipment from Ecuador
August 26, 2010 11:20 AM

Dynasty Metals & Mining Inc. has delivered its first shipment of gold dore from its Zaruma Gold Project in Ecuador to a refinery in Canada.

Oil hopes for Cairn in Greenland
August 25, 2010 09:07 AM

Edinburgh-based Cairn Energy has said it may have found oil in the untapped waters of western Greenland.

Xstrata increases Africa presence
August 24, 2010 09:09 AM

Mining giant Xstrata has agreed to acquire Australian iron ore developer Sphere Minerals for A$428 million (approx. €300 million), it has been announced.

Telenor awards €200 million contract
August 23, 2010 09:10 AM

Chinese telecoms equipment maker ZTE has won a €200 million contract to build a mobile network for Telenor in Hungary, it has been announced.

Dana receives hostile bid from KNOC
August 20, 2010 08:59 AM

Aberdeen-based exploration firm Dana Petroleum has received a £1.87 billion hostile takeover offer from South Korea's state-owned oil company KNOC.

Caterpillar invests to grow
August 20, 2010 02:37 PM

Caterpillar CEO Doug Oberhelman gave a presentation followed by a question and answer session yesterday at The New York Stock Exchange to review the company's updated five-year strategy and goals with analysts and investors.

Inmarsat’s LightSquared deal activated
August 19, 2010 09:33 AM

UK satellite telecommunications company Inmarsat is to receive almost £218 million over the next 18 months from a co-operation agreement with US communications group LightSquared.

GM announces IPO
August 19, 2010 10:56 AM

General Motors has filed an application with the Securities and Exchange Commission as the first step towards an initial public offering (IPO) which is expected to be one of the largest in US history.

Melrose bets on Bulgaria
August 18, 2010 09:23 AM

Edinburgh-based Melrose Resources has said that the opening of new fields in Bulgaria will boost the company’s production by 7,500 barrels of oil equivalent per day.

US industrial output grows
August 18, 2010 02:16 PM

According to figures released by the Federal Reserve, US factory output grew in July at its fastest rate for nearly a year, suggesting that the recovery from recession might not be stagnating as had been feared.

Hunting to buy Innova-Extel
August 17, 2010 09:08 AM

UK-based energy services group Hunting is to buy US electronics company Innova-Extel for $125 million to boost its well construction unit, it has been announced.

Home Depot reports improving results
August 17, 2010 01:34 PM

The Home Depot, the world's largest home improvement retailer, today reported second quarter net earnings of $1.2 billion, compared with net earnings of $1.1 billion in the same period of 2009.

Vedanta agrees Cairn stake
August 16, 2010 10:54 AM

India’s Vedanta Resources has said it will acquire a 51 to 60 per cent stake in Cairn Energy’s Indian unit for between £5.4 billion to £6.1 billion.