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Most Viewed Business

  1. PetroVietnam workers at the groundbreaking ceremony of the 6.2 billion dollar Nghi Son refinery and petrochemicals complex

    Business

    Vietnam starts construction on 6 billion dollar oil-refinery

    AFP - Saturday, May 10 07:29 am

    NGHI SON, Vietnam (AFP) - Energy-hungry Vietnam started building its second oil refinery on Saturday, a 6.2 billion dollar complex, in a bid to feed the nation's booming economy, the State Oil company announced. More »

  2. An ArcelorMittal steel factory in Hayange, eastern France. The world's largest steel group ArcelorMittal said it has finalised the 810 million dollar (525 million euro) sale of a plant in the United States to Russian steelmaker Severstal.

    Business

    ArcelorMittal sells off US steel mill

    AFP - Saturday, May 10 04:09 pm

    PARIS (AFP) - The world's largest steel group ArcelorMittal said Saturday it has finalised the 810 million dollar (525 million euro) sale of a plant in the United States to Russian steelmaker Severstal. More »

  3. International Monetary Fund Managing Director Dominique Strauss-Kahn pauses during a press conference in April 2008. The International Monetary Fund on Friday approved a 3.65-billion-dollar loan to Turkey, the final segment of a three-year stand-by credit worth nearly 10 billion dollars.

    Business

    IMF approves 3.65 billion dollar loan to Turkey

    AFP - Friday, May 9 08:18 pm

    WASHINGTON (AFP) - The International Monetary Fund on Friday approved a 3.65-billion-dollar loan to Turkey, the final segment of a three-year stand-by credit worth nearly 10 billion dollars. More »

  4. Business

    Iran official says dollar causes record oil

    Reuters - Saturday, May 10 07:38 am

    TEHRAN (Reuters) - The weak U.S. dollar is the main reason behind oil prices rising to record levels, not demand or supply factors, an Iranian Oil Ministry official was quoted as saying on Saturday. More »

  5. Business

    Nissan to make lithium-ion batteries with NEC: report

    AFP - Saturday, May 10 06:10 am

    TOKYO (AFP) - Nissan Motor Co and NEC Corp will join forces in the world's first mass production of lithium-ion batteries for hybrid and electric vehicles, a newspaper said Saturday. More »

  6. Business

    Sweet Comeback For An Old Favourite

    SkyNews - Saturday, May 10 08:31 am

    No longer just a sweet memory, an old British favourite is back after a decade away. More »

  7. Business

    Shell pulls out of Iran gas deal

    Reuters - Saturday, May 10 01:48 pm

    LONDON (Reuters) - Oil major Royal Dutch Shell has pulled out of a planned gas project in Iran, after coming under pressure not to participate from U.S. lawmakers who were concerned about Iran's nuclear programme. More »

  8. Business

    Murdoch withdraws bid for Newsday: report

    AFP - Saturday, May 10 07:41 pm

    NEW YORK (AFP) - Media titan Rupert Murdoch's NewsCorp has withdrawn its bid to buy the New York area newspaper Newsday, leaving Cablevision the likely victor, the Wall Street Journal said on Saturday. More »

  9. Business

    Shell losing 30,000 barrels per day after Nigeria oil attacks

    AFP - Saturday, May 10 05:40 pm

    PORT HARCOURT, Nigeria (AFP) - Oil major Royal Dutch Shell said Saturday it was losing the equivalent of 30,000 barrels of crude oil per day because of recent attacks against its installations in Nigeria. More »

  10. Business

    Citigroup to slash 400 bln dlrs in assets

    AFP - Friday, May 9 10:34 pm

    NEW YORK (AFP) - Citigroup, reeling from the subprime mortgage crisis, said Friday it plans to sell roughly 400 billion dollars in assets in a streamlining reorganization aimed at restoring the US banking giant to profit. More »

Most Viewed Photos - Business

  • 1.An ArcelorMittal steel factory in Hayange, eastern France. The world's largest steel group ArcelorMittal said it has finalised the 810 million dollar (525 million euro) sale of a plant in the United States to Russian steelmaker Severstal.AFP
  • 2.PetroVietnam workers at the groundbreaking ceremony of the 6.2 billion dollar Nghi Son refinery and petrochemicals complexAFP
  • 3.The 2008 Ford Mustang V-6 is shown at the 2008 New York International Auto Show March 19, 2008. REUTERS/Keith BedfordReuters
  • 4.A model of Nissan Motor 's concept electric vehicle AFP
  • 5.A visitor walks past the logo of internet search engine giant Google at a trade fair. Microsoft's failed attempt to buy Yahoo will send it searching for new allies and likely see Yahoo's share price plummet, leaving Internet giant Google the big winner, analysts said.AFP
  • 6.Virgin Group Chairman Richard Branson poses with a mobile phone during the launch of Virgin Mobile services in Mumbai March 2, 2008. . REUTERS/Punit ParanjpeReuters
  • 7.An iPhone is displayed at an Apple Store in San Francisco, in January. British mobile phone giant Vodafone announced Tuesday that it will distribute Apple's wildly popular iPhone in 10 new countries including Australia, India and South Africa.AFP
  • 8.Shell's Awoba plant on the Sambreiro River in the Niger Delta, 25 September 2005. Oil major Royal Dutch Shell said it was losing the equivalent of 30,000 barrels of crude oil per day because of recent attacks against its installations in Nigeria.AFP
  • 9.Gold bars bearing the Swiss UBS bank logo. The International Monetary Fund has proposed the sale of 403.3 tonnes of gold to bolster its sagging coffers.AFP
  • 10.International Monetary Fund Managing Director Dominique Strauss-Kahn pauses during a press conference in April 2008. The International Monetary Fund on Friday approved a 3.65-billion-dollar loan to Turkey, the final segment of a three-year stand-by credit worth nearly 10 billion dollars.AFP

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