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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.

2010 sales and profits growth for The Sherwin-Williams Company

Sales and profits grew across all operating segments in 2010 for The Sherwin-Williams Company, which today announced its financial results for the fourth quarter and year ended

Entergy Corporation

Protest over Bombardier job cuts

The news that Bombardier is to shed 1,400 jobs from its Derby train factory has unleashed a storm of protest in the UK.

Caterpillar gets final go-ahead to acquire Bucyrus

Caterpillar is in the clear to acquire mining equipment manufacturer Bucyrus International, after approval Friday from the Ministry of Commerce of the People's Republic of China

Rosneft touches Putin for $42 billion

Western sanctions are showing their teeth as Russia's state-controlled energy corporation Rosneft requests the Russian government for a $42 billion loan

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

Greenland: A land of opportunity

From the near collapse of its mineral resources sector a decade ago Greenland has transformed itself into one of the world’s most exciting locations for major exploration and de

Han-Tek acquires PowerLab Control Technologies

Han-Tek Inc, a materials handling and systems automation company in upstate New York, announced today its acquisition of PowerLab Control Technologies, an industrial systems int

Unilever hits a major financial milestone

Dragon to acquire Tunisian assets

Dubai-based Dragon Oil has announced the signing of a deal through which it will earn a 55 per cent interest in the Bargou Exploration Permit offshore Tunisia.

DHL opens new freight lanes to Africa

DHL Global Forwarding has established three new direct connections between Germany and the African continent.