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Vedanta agrees Cairn stake

India’s Vedanta Resources has said it will acquire a 51 to 60 per cent stake in Cairn Energy’s Indian unit for between £5.4 billion to £6.1 billion.

Halliburton profits defy oil spillÔÇöfor now

Oil field services provider Halliburton reported an 83 percent rise in profits for the second quarter, despite the disastrous oil spill in the Gulf of Mexico.

Denman wins international power contract

Denman Instrumentation Ltd, based in Hull, England, has secured a major contract with French power engineering company Alstom on a €1 billion joint repowering and new constructi

Melrose bets on Bulgaria

Edinburgh-based Melrose Resources has said that the opening of new fields in Bulgaria will boost the company’s production by 7,500 barrels of oil equivalent per day.

BlackBerry re-boots brand but boots boss

After months looking for a buyer, BlackBerry has given up plans to sell the company and has indicated its intent to raise $1 billion  in an attempt to re-boot the brand

China approves Dongfeng ÔÇô Renault partnership

A joint venture has been agreed between China’s second-largest car market, Dongfeng Motor Group and French car manufacturer, Renault

Qatar may develop North Field for World Cup

HSBC Holdings has said in a report that Qatar may have to lift a moratorium on further development at North Field, the world's largest natural gas reservoir, in order to generat

Johnson Controls plans new battery factory in China

Johnson Controls today participated in a signing ceremony in Tianjin, China to announce a planned $200 million automotive battery plant. 

US makes ÔÇ£historic investmentÔÇØ in high-speed rail

US Transportation Secretary Ray LaHood has announced $2 billion of investment in high-speed rail projects across America.

More good news for the US banking sector

Citigroup has added its name to the list of US banks that enjoyed a strong second quarter of 2013

Gem Diamonds to embark on major investments

Gem Diamonds is planning major investment at two diamond mines, buoyed by increasing global demand for the precious stones.

Sustainability: Hiring the best

If your policy is to automatically discard résumés belonging to candidates you deem as “overqualified,” it’s time to rethink your strategy. Maribeth Kuzmeski explains why.