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![]() Singapore (AFP) May 28, 2012 Oil prices edged higher in Asian trade Monday as major crude producer Iran and Western powers failed to reach agreement over Tehran's nuclear programme, analysts said. Markets were also supported by signs Greeks would elect a pro-austerity government in upcoming polls, easing concerns the debt-wracked country would exit the eurozone and trigger a global economic crisis. New York's main contract, West Texas Intermediate crude for delivery in July was up 89 cents to $91.75 per barrel while Brent N ... read more |
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![]() India firms Myanmar ties during PM visit India agreed a raft of deals with Myanmar on Monday during a visit by Prime Minister Manmohan Singh aimed at boosting trade and energy links and contesting the influence of regional rival China. ... more | .. |
![]() Japan's April auto output soars in year after quake Japan's major automakers on Monday reported huge production increases for April, as the hard-hit sector recovers from the devastating impact of last year's quake-tsunami. ... more | .. |
![]() Nuisance seaweed found to produce compounds with biomedical potential A seaweed considered a threat to the healthy growth of coral reefs in Hawaii may possess the ability to produce substances that could one day treat human diseases, a new study led by scientists at S ... more | .. |
Amazon takes on iPad with new Kindle Fire tablet Hong Kong to restrict foreign homebuyers from 2013 US judge OKs partial settlement in e-book case Nordic-Baltic states seek more cooperation Outside View: Jobs outlook grim Empire-style computers? Frenchman takes PCs to lap of luxury Google-Microsoft field smartphones to take on iPhone 5 EU businesses urge China's new leaders to speed reforms |
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![]() EADS head says helicopter cracks not comparable to A380 woes The head of European aerospace giant EADS said that cracks found in one of its most popular Eurocopter models were a minor glitch and not comparable to problems found on some superjumbo planes made by its subsidiary. ... more | .. |
![]() Gas fracking boom in Michigan goes bust Concern over pollution and falling natural gas prices have slowed fracking-based drilling in Michigan, turning an expected boom into a bust, analysts say. ... more | .. |
![]() India may bar Europe carriers in climate tax row India said it may stop European carriers from flying into the country if the European Union bans airlines from the South Asian nation that boycott the EU's new emissions fee system. ... more | .. |
![]() Philippines names ambassador amid row with China Philippine President Benigno Aquino named a veteran diplomat as ambassador to China amid a tense standoff over disputed territory in the South China Sea, a presidential spokeswoman said Saturday. ... more |
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![]() Oil bonanza eludes Cuba after fresh tests Cuba is reportedly sitting on vast underwater oil and gas reserves, but none came up in the latest exploration, a joint Chinese-Spanish undertaking. ... more | .. |
![]() Turkey warns of faceoff over east Medgas Turkey says waters off the coast of war-divided Cyprus where Greek Cypriots plan to explore for natural gas lie within its continental shelf, sharpening multi-sided disputes over major fields under the eastern Mediterranean. ... more | .. |
![]() Northrop Grumman's Joint STARS Completes Flight Testing of JT-8D Engines Northrop Grumman's E-8C Joint Surveillance Target Attack Radar System (Joint STARS) testbed aircraft, equipped with a new JT-8D propulsion system, has successfully completed flight testing and moved ... more | .. |
![]() Boeing to Modernize Flight Deck and Avionics for US and NATO AWACS Fleets Boeing has received a $368 million Engineering, Manufacturing and Development (EMD) contract to develop a design that modernizes the flight deck and avionics of the U.S. and NATO E-3 707 Airborne Wa ... more |
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![]() Ferrari recalls 56 cars in China: state media Ferrari's reputation in China took another blow on Friday when the country's quality watchdog said the luxury sports car manufacturer would have to recall 56 imported vehicles because of a defect. ... more | .. |
![]() US to welcome Philippine leader amid China tensions President Barack Obama will welcome Philippine President Benigno Aquino next month, the White House said Friday, as the United States steps up support to the ally locked in disputes with China. ... more | .. |
![]() China welcomes resumption of Sudanese talks China Friday welcomed next week's resumption of talks between Sudan and South Sudan and urged both nations to cooperate with international efforts to resolve issues linked to the recent civil war. ... more | .. |
![]() Tokyo raises 1bn yen to buy China dispute islets The Tokyo city government said Thursday members of the public had pledged almost one billion yen ($12.5 million) to its drive to buy a group of uninhabited islands at the centre of a row with China. ... more |
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![]() Philippines 'lacks sincerity' in sea dispute: China China accused the Philippines Thursday of not being sincere in seeking a peaceful end to a standoff over disputed waters, ramping up the rhetoric one day after confirming the deployment of more ships. ... more | .. |
![]() Kurds' oil deal with Turkey will hit Iraq Plans for Iraq's semiautonomous Kurdish enclave to build an oil pipeline to Turkey points to a major political and economic realignment in the Middle East that will impact heavily on Iraq. ... more | .. |
![]() Oil prices rise on EU Greece support, Iran impasse Oil prices perked up Thursday after European leaders reaffirmed their desire to see Greece stay in the euro and Iran and world powers deadlocked in talks over its disputed nuclear program. ... more | .. |
![]() Shale oil could save resource-poor Jordan Jordan, traditionally energy-barren, sits on shale oil deposits that are reported to be the equivalent of 50 billion barrels of oil. ... more |
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![]() China sends more ships to disputed shoal China has deployed more ships to a disputed shoal in the South China Sea amid a tense stand-off with the Philippines, officials and state media said on Wednesday. ... more | .. |
![]() French leader's Brazil visit could hasten decision on jets French President Francois Hollande's visit to Brazil next month for the Rio+20 summit could help hasten Brasilia's decision on a contract to buy 36 next-generation fighter jets, a government official said Wednesday. ... more | .. |
![]() Tesla to launch electric sedan in US on June 22 Tesla Motors said Tuesday it would begin deliveries of "the world's first premium electric sedan" on June 22, slightly ahead of schedule. ... more | .. |
![]() Iraq seeks drones to protect oil facilities Iraq is seeking to acquire surveillance drones to help protect its oil pipelines and platforms, which are key to the country's economy, Iraqi and US officials said. ... more |
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![]() Toyota overtakes GM, regains number one spot Japan's Toyota Motor regained its position as the world's number one automaker in the first quarter of 2012, stealing back the lead from US giant General Motors, according to manufacturers' figures. ... more | .. |
![]() Sudan war planes bomb South Sudan: South minister South Sudan said Tuesday Sudanese war planes have launched air strikes against its territory, the latest in a series of attacks that threaten to scupper international efforts to restart peace talks. ... more | .. |
![]() Paraguay renews efforts to find oil Land-locked Paraguay is hoping the latest investor seeking oil in its promising western region will have better results than previous prospectors. ... more | .. |
![]() Calif. passes 'self-driving' cars bill California's Senate passed a bill to create guidelines for autonomous vehicles' - self-driving cars - to be tested and operated in the state, officials said. ... more |
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![]() Military aviation: a new bomber and the fifth generation fighter planes Yesterday at the Voice of Russia a round table discussion was held that was dedicated to the 100-year anniversary of the Russian Air Force and the prospects for development of Russian military aviat ... more | .. |
![]() Russia's military aircraft industry: overview and outlook During the round table discussion regarding the current state and the process of re-equipment and the prospects of the Russian Air Force Konstantin Makienko, deputy director of the Center for Analys ... more | .. |
![]() Peru to upgrade fast aging air force jets Peru is going ahead with a $266 million upgrade of its fast aging combat aircraft while it considers how to keep its air force up to speed with changing technologies and modern warfare requirements. ... more | .. |
![]() China criticises US vote on Taiwan fighter jet sales China on Monday criticised a vote by the US House of Representatives last week requiring the United States to sell 66 new fighter jets to Taiwan, describing the measure as interference by Washington. ... more |
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