SUDAN: Feeling the pinch
Food price inflation is running at more than 20 percent
Smart phone major Apple eyes bigger China share
Apple Chief Executive Tim Cook is in China amid talks that the smart phone major was looking to expand operations in...
French oil major Total trying to find source of gas leak
Total E P UK, a subsidiary of French oil major, is studying all options, including drilling a relief well, to plug a...
Nigeria signs MoU with GE to set up power plants
Nigeria has signed a $10 billion agreement with US multinational General Electric (GE) to build power plants in the...
UK exploration firm Tullow strikes oil in Kenya
President Kibaki Monday announced that the UK petroleum explorer Tullow, which had unlocked billions of barrels of...
U.S. says high Indian tariffs may impact trade ties
U.S. Commerce Secretary, John Bryson, on Monday said that high Indian tariffs on the goods manufactured in the United States could cause "meaningful harm" to long-term trade ties.
Venezuela to pay nationalized US firms $420 mn
State energy giant Petroleos de Venezuela SA (PDVSA) will pay US natural gas companies Williams Cos Inc. and Exterran Holdings Inc. a total of $420 million for assets nationalized in 2009, Energy Minister Rafael Ramirez said.
Kenya Strikes Oil in 'Major Breakthrough'
Kenyan President Mwai Kibaki announced Monday that oil has been discovered in northwestern Kenya, but he cautioned that it will take years before the country begins production.
Nepal, China to enhance trade relations, economic ties
Nepal and China Sunday agreed to enhance trade relations and economic ties between them.
Doctors to Governments: Tax us. Canada is worth it!
A group of doctors who rank among Canada’s top income earners urge the Ontario and federal governments to raise taxes on the rich to balance the budget and spare needed public services from austerity cuts.
