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Northeast Utilities to merge with NSTAR

Northeast Utilities and NSTAR have agreed to merge in a deal that will form New England's premier utility company, worth $17.5 billion.

Chrysler releases 2010 results

With Ford having released its 2010 results last week, today Chrysler Group issued preliminary results for its fourth quarter and total year 2010.

US (just about) backs nuclear power

Nuclear energy still has an important role to play in the United States’ energy portfolio, according to US Energy Secretary Steven Chu.

WTO rules on Boeing subsidies

The World Trade Organization has ruled that Boeing did receive subsidies “inconsistent” with the Subsidies and Countervailing Measures Agreement, but not nearly as much as had b

Bumi shares surge after Bakrie family offer

 

Indonesian coal miner, Bumi, has seen its share price increase following news that the powerful Bakrie family have proposed to split from it.

Encana opens LNG fueling station

Encana Natural Gas Inc, one of North America's largest natural gas producers, today opened the first liquefied natural gas (LNG) fueling station in Louisiana.

Qatar Airways places Airbus order

Qatar Airways has placed an order with European aircraft manufacturer Airbus for 88 narrow and wide body aircraft at the Dubai Air Show.

Chrysaor ups Spanish Point stake

Exploration firm Chrysaor has said it will increase its stake in the Spanish Point licences off the west coast of Ireland.

Airbus receives record plane order

Plane maker Airbus has secured a record order for 234 planes from Indonesia’s Lion Air.

TI to acquire National Semiconductor for $6.5 billion

US chip-maker Texas Instruments (TI) has announced an agreement to acquire rival National Semiconductor, which will bring together two industry leaders in analog semiconductors.

Rio Tinto to sell Palabora stake

Mining giant Rio Tinto has announced its intention to sell its shareholding in South Africa’s Palabora Mining.

Oceaneering to acquire AGR field ops business

Norway’s AGR Group has agreed to sell its field operations business, AGR FO, to the Norwegian subsidiary of Oceaneering International.

Novartis and GSK announce major tie-up agreement

Two of the world’s largest drugmakers, Novartis and GlaxoSmithKline (GSK), have agreed a multi-billion dollar asset swap deal

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