News

21/12/2012

British defence giant BAE Systems  announced on Friday a £2.5-billion ($4.1-billion, 3.1-billion-euro) deal to supply 12 Eurofighter Typhoon fighter aircraft and eight Hawk trainer jets to Oman. The deal, which will help sustain tho... Read More

18/12/2012

LONDON, Dec 18 (Reuters) - British energy services company Petrofac said the pipeline for major oil and gas projects was strong, providing it with plenty of bidding opportunities for 2013, as it reported in line performance to date. Petrofac, ... Read More

18/12/2012

 * China and India to lead increase in demand for coal * Growth in coal use over next 5 years equivalent to US, Russia demand * China to use more coal than rest of the world combined LONDON, Dec 18 (Reuters) - Coal will nearly ove... Read More

17/12/2012

Dec 17 (Reuters) - Oil company BP Plc said it would sell its interest in the Sean gas field in the UK North Sea to British utility SSE Plc for $288 million, as part of its strategy to sell its stakes in non-operated North Sea assets. The sale ... Read More

13/12/2012

Dec 13 (Reuters) - European planemaker Airbus will announce a big new order on Thursday that will safeguard around 9,000 jobs in Britain, a government spokesman said. Separately, there were reports that Malaysian group AirAsia, Asia's... Read More

11/12/2012

LONDON (Reuters) - Equipment hire group Ashtead posted record first-half profit as U.S. construction firms, struggling to secure credit to buy expensive diggers and tools, rented them instead. The British group, which makes 85 percent of its r... Read More

07/12/2012

LONDON (Reuters) - Royal Dutch Shell , the world's biggest LNG company, will move the headquarters of its integrated gas business to Singapore from Europe as part of its quest to feed Asia's surging demand for the fuel, the company sa... Read More

06/12/2012

UK car sales soared 11.3pc last month, compared to the same period last year, paving the way for full year figures to be the best since the start of the financial crisis in 2008. • See our slideshow of the ten best-selling cars during Nov... Read More

03/12/2012

LONDON, Dec 3 (Reuters) - Qatar Airways is set to upgrade an order for 20 Airbus A350 aircraft to larger variants, a move that includes new backing for a model designed to compete with Boeing 's 777 mini-jumbo, aviation sources said on Mo... Read More