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BP to redevelop North Sea oil fields

Oil giant BP is to redevelop two oil fields to the west of the Shetland Islands, it has been announced.

BC Iron and Cleveland Mining strike Brazilian deal

Junior iron-ore miner BC Iron and Cleveland Mining have both signed a memoranda of understanding (MoU) to acquire a combined 80 percent shareholding over three separate iron-ore

ITC Global invests in West Africa

US-based ITC Global, a provider of satellite communications to the mining, energy and maritime sectors, has acquired the remaining 10 per cent interest in ITC Guinee.

Cargill signs cocoa agreement with C├┤te dÔÇÖIvoire

Cargill has signed a memorandum of understanding underlining its support for cocoa farmers and the cocoa sector in Côte d’Ivoire, West Africa.

ShellÔÇÖs profits double to $18.6 billion

Dutch oil giant Shell has reported profits of $18.6 billion (£11.5 billion) for 2010, on the back of increased production and rising oil prices.

Record deliveries result in a strong 2013 for Airbus

 Airbus has announced a rise in full-year profits 

Rhenus to acquire WincantonÔÇÖs European operations

Germany’s Rhenus Group has agreed to acquire the mainland European activities of UK-based Wincanton Group, it has been announced.

Wits Gold

Samsung take a serious bite out of Apple

Samsung has officially overtaken Apple to become the most profitable mobile phone company in the world

UK Budget 2014: mixed messages on energy

UK Chancellor George Osborne's expected freeze of the carbon price floor came with a £7 billion support package to help manufacturers cope with the rising cost of energy: but th

Strong first half growth for Eurostar

Eurostar, the high-speed passenger rail service, has reported strong growth in first half sales revenues and passenger numbers.

Ford profits rise again in third quarter

Ford Motor Company has reported net income of $1.7 billion for the third quarter, a rise of 68 percent on the same period a year ago.

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