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Amazon expanding into the lucrative Indian market

Amazon has launched its first shopping website in India

Profits rise 48 per cent at ArcelorMittal

ArcelorMittal, the world's biggest steel company, has reported a profits rise of 48 per cent in the three months to the end of September compared with the same period a year ear

Rio Tinto to sell stake in Australian copper/gold deposit

China Molybednum has agreed a deal to purchase Rio Tinto’s 80 percent stake in Northparkes copper and gold mine in Australia 

Volta Resources Inc.

Tullow's Uganda deal nears completion

Tullow Oil has announced that a long-awaited deal in Uganda is to be completed next month.

Providence paid final $6 million for Nigerian oil field

Ireland’s Providence Resources has confirmed it has received the final payment of US$6 million for the sale of its Nigerian interest, OML 113.

US auto sales hit five year high

In 2012, the automobile industry in the United States enjoyed its best year since 2007, with sales up by 13.4 percent over 2011. 

Paris delivers for Bombardier

Bombardier’s visit to the Paris Air Show has proved fruitful, with large orders placed for both its CSeries and Global Business aircraft.

Marine energy developers win £7.9 million funding

Five marine energy developers are to benefit from £7.9 million in funding to develop the testing of new wave and tidal prototypes in Scottish waters.

Abellio wins UK rail franchise

Dutch rail operator Abellio Group has been selected by the UK’s Department for Transport to operate the Greater Anglia train franchise.

Ukraine unveils new airport terminal

Ukraine has opened a new terminal at Boryspil International Airport in Kiev that is capable of servicing up to 15 million visitors per year, ahead of next month’s Euro 2012 tour

Battersea Power Station redevelopment gets green light

The £5.5 billion redevelopment of Battersea Power Station in London has been given the green light following approval from the UK government’s communities secretary.

North Atlantic Potash sells permits to China

North Atlantic Potash Inc., the Canadian subsidiary of JSC Acron, today completed the sale of eight of its potash permitted areas to Yancoal Canada Resources Co. Ltd.