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Big deal

Schlumberger buys $1.7bn stake in Russia’s biggest driller
Despite sanctions, Schlumberger Ltd, the world’s largest oilfield services company, will acquire a 45.65 percent stake in the Russian Eurasia Drilling Company for approximately $1.7 billion.

20.01.2015 09:53

Opportunity for Russia? India cancels $1bn minesweeper deal with S. Korea
An opportunity has arisen for Russian shipyards to tap the Indian market, with New Delhi canceling a billion dollar deal with South Korea for the supply of eight Mine Countermeasure Vessels (MCMV) to the Indian Navy over suspected irregularities.

25.12.2014 07:25

​‘Full force of the law’ for City traders who rig commodities – Chancellor
Traders who rig commodity markets, such as oil and gold, could face up to seven years in prison under new laws proposed by British Chancellor George Osborne

23.12.2014 16:16

​Being gay in the UK could affect your pay, study suggests
How much you are paid in the UK is not merely defined by the gender pay gap. It could also be based on your sexual orientation.

19.12.2014 16:25

Go West, Young Han
November 18, 2014: it’s a day that should live forever in history.

17.12.2014 09:00

Financial steal: Abu Dhabi investors snap up Scotland Yard
Investors from Abu Dhabi have secured a deal to purchase the iconic Scotland Yard building in St James’s Park. The building, which has housed the Metropolitan Police Service since 1964, sold for a reported £370 million.

10.12.2014 14:03

35,000 oil & gas jobs at risk as crude price tumbles – study
Thousands of British workers are to lose their jobs as the oil and gas industry declines, a new report suggests.

10.12.2014 12:17

‘Failed experiment’: Privatized rail, water & utilities hit households financially – study
British households could be saving £250 a year each if services such as railways and water were publicly owned rather than privatized, according to a new report.

09.12.2014 14:26

EU will have to transport Russian gas from Turkey on its own – Gazprom chief
With the end of the South Stream project, Russia will have to adapt to a new market where it will not provide gas delivery to end users, Aleksey Miller, the head of Gazprom said in an interview confirming South Stream will not be resumed.

06.12.2014 11:39

‘Turkey and Russia split politics from economics’
Moscow and Ankara do not really see eye to eye on politics, but despite that have big economic potential, with Turkey considering itself an in-between partner who would take gas from Russia to Europe, Martin McCauley of the University of London, told RT.

02.12.2014 10:08

'Buy the set!': Mistral warships go 'on sale' in Russian & French spoof ads
French and Russian humor may differ, but people in both countries have almost simultaneously placed ads on customer websites, 'selling' the Mistral ships. The offer got quite a response, with people asking for specifications and possible discounts.

27.11.2014 12:50

Going green: Beijing, Washington strike landmark climate change deal
The world’s top carbon polluters – China and the United States – have reached a landmark agreement on greenhouse gas emissions, with both countries pledging to curb them by about a third by 2030.

12.11.2014 04:15