Canada to continue talks with Petronas
Canada could still approve the C$5.17bn ($5.22bn) acquisition of Progress Energy Resources Corporation by Malaysian state oil company Petronas , the country’s finance minister said on Sunday, despite...
View ArticleSaudi Aramco chooses builders of Jizan refinery
Saudi Aramco, the world’s biggest oil producer, said on Sunday it had chosen Asian and European contractors to build the Jizan oil refinery and terminal project in the southwest of the country, Reuters...
View ArticleGerman finance ministry mulls debt buy-back for Greece
Germany’s Finance Ministry is considering a debt buy-back as a possible way of reducing Greece’s huge debt pile which threatens to rise well above a target level of 120 per cent of GDP by 2020,...
View Article‘No immediate plans to build cars in Brazil’
GM has no immediate plans to build cars with French automaker PSA Peugeot Citroen in Brazil, the company’s South America chief Jaime Ardila told Reuters on Sunday. “So far the entire focus of the...
View ArticleDish Network settles lawsuit
Dish Network, the nation’s third largest pay-TV provider, has settled its four-year old lawsuit filed by Cablevision and AMC Networks over a high definition channel package, according to statements...
View ArticleChina’s new leaders face tough economic choices
China’s economic model that delivered three decades of double-digit growth is running out of steam and the country’s next leaders face tough choices to keep incomes rising. But they don’t seem to have...
View ArticleSchneider Electric introduces power solutions for data centres
The global specialist in energy managemen t, Schneider Electric, has introduced power and cooling solutions for data centres. The Senior Systems Engineer, Schneider Electric, Mr. Ossy Anyabuike, said...
View ArticleNAMA boosts operations with cloud computing
The Nigerian Airspace Management Agency said it had subscribed to cloud computing through its recent deployment of the Windows Server 2012, thereby boosting its operations and cutting Information...
View ArticleHealth and fitness news
Prenatal mercury exposure and adhd A new study suggests that prenatal exposure to mercury is associated with symptoms of attention deficit hyperactivity disorder, but the greater a mother’s consumption...
View ArticleDetectors aim to go nose to nose with sniffer dogs
At a binational armaments and security research centre in eastern France, Spitzer and his colleagues are working on a sensor to detect vapours of TNT and other explosives in very faint amounts, as...
View ArticleLady championship holds at Ikeja Golf Club
Ikeja Golf Club will on Wednesday begin the 2012 edition of its Ladies Championship where about 200 golfers are expected to take part. During an event to unveil the activities for the championship,...
View ArticleThree Britons arraigned for terrorism
Three young British Muslim men went on trial in London on Monday, accused of plotting to set off multiple bombs in terrorist strikes that prosecutors say could have been deadlier than the 2005 London...
View ArticleJudge gives Akingbola ultimatum to file final address
A Lagos High Court judge in Ikeja on Monday ordered former Managing Director of Intercontinental Bank Plc, Erastus Akingbola, and his co-accused, Bayo Dada, to close their defence in their trial for...
View ArticlePresident Jonathan and Ondo governorship election
As Nigerians continue to celebrate the success of the just-concluded governorship election in Ondo State, it is important to note that although President Goodluck Jonathan would naturally have wanted...
View ArticleNigeria exports religion, India exports cars
The biggest country in Africa that the United Kingdom colonised is Nigeria. The biggest country that the United Kingdom colonised in Asia is India (which then comprised the present Pakistan and...
View ArticleS’ Africa gives nod to Glencore, Xstrata deal
LONDON: Glencore’s $33bn takeover of miner Xstrata looked set to clear a regulatory hurdle on Monday as South Africa’s Competition Commission recommended that the deal was given the go-ahead. Reuters...
View ArticleFirm backed by governors broke bidding rules – NCP
The National Council on Privatisation has said Southern Electricity Distribution Company Consortium, being backed by some state governors to acquire the Benin Electricity Distribution Company broke the...
View ArticleCeltic hope to give Barca tough time
Neil Lennon stressed his Celtic side are not in Barcelona ‘for a holiday’ after they landed in the Catalan capital ahead of Tuesday night’s Champions League clash with Barcelona at the Nou Camp. The...
View ArticleObama, Romney in final showdown
President Barack Obama and his Republican challenger, Mitt Romney, met in their third and final head-to-head clash on Monay night, ahead of the November 6 presidential election. The 90-minute televised...
View ArticleChina’s stocks rise to six-week high
China’s stocks rose, sending the benchmark index to a six-week high, on speculation the government will introduce measures to boost equities before a leadership transition next month. Bloomberg...
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