November 28th @ 5:20 PM GMT
Reuters Royal Dutch Shell isconsidering selling out of its oil fields in Iraq as part of itsglobal $30 billion asset disposal programme, industry sourcessaid on Monday. (Business)
November 28th @ 4:07 PM GMT
Yahoo! Volkswagen has agreed to extend a 20 billion-euro ($21.2 billion) bank credit line, it said on Monday, part of the German carmaker's efforts to maintain its financial strength while it counts the full cost of its emissions scandal. Europe's largest automaker secured the one-year bridge loan last December after the biggest corporate scandal in its history wiped billions off its market value and made it much more expensive for Volkswagen (VW) to borrow in the debt market. ''We have now de... (Business)
November 28th @ 5:27 PM GMT
Reuters Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30 billion asset disposal program, industry sources said on Monday. (Business)
November 27th @ 5:02 PM GMT
Yahoo! Braslia (AFP) - Ambitious projects such as satellites that could bring the internet to the remote Amazon and construction of Brazil's first nuclear submarine will proceed despite a deep economic downturn, the defense minister told AFP. Raul Jungmann said he will be in France this Thursday to take delivery of the first of three communications and defense satellites built by France's Thales and due for launching on March 21 next year. The nearly six tonne, 2.1 billion reais ($617 million) s... (Politics)
November 25th @ 12:38 PM GMT
Reuters Online spending by U.S. bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14 percent from a year ago and reflecting a broader trend away from brick-and-mortar shopping. (Technology)
November 28th @ 10:41 AM GMT
Yahoo! The leader of Malaysian pro-democracy group Bersih and critic of Prime Minister Najib Razak was released on Monday after ten days in detention under a widely criticized security law. Maria Chin Abdullah was arrested the day before a protest rally organized by the group saw thousands of Malaysians marching in the capital to demand Najib's resignation over his alleged involvement in a multi-billion dollar financial scandal. Najib has denied wrongdoing. (World)
November 28th @ 8:44 AM GMT
Yahoo! Norway plans to order five Boeing Co P-8A Poseidon maritime patrol planes to maintain its surveillance capacity and meet future security challenges, the NATO country's Defence Ministry said. Following an agreement in Norway's parliament to boost long-term military spending, the 9.83 billion Norwegian crowns ($1.15 billion) purchase will likely face only minor political opposition. Norway's long maritime border with neighboring Russia has become a renewed focus for the country's military... (World)
November 28th @ 2:31 AM GMT
Yahoo! China's government has announced plans to build a $2 billion film studio, in the latest example of a national push to expand its cultural influence. (Entertainment)
November 28th @ 1:50 PM GMT
Yahoo! Kuwait will buy 28 Boeing F/A-18 Super Hornets to replace a fleet of earlier versions of the US fighter jets, a top official said Monday. The value of the deal is not expected to exceed $5 billion, the KUNA state news agency reported the head of armament and procurement at Kuwait's defence ministry as saying. Major General Lafi al-Azemi said the deal stipulates the supplier will re-purchase the old Hornet fighter jets from Kuwait. (Politics)
November 28th @ 8:46 AM GMT
Reuters Italian online fashion retailer Yoox Net-A-Porter Group (YNAP) and Dubai-based billionaire Mohamed Alabbar said on Monday they will form a 130 million euro ($139 million) luxury retail business in the Middle East. (Technology)
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