
EU urges China to cut steel output
EU Trade Commissioner Cecilia Malmstroem has urged China to scale back rampant overproduction in its steel industry that is punishing European companies through low prices, a letter seen by AFP on Friday said. ... more
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Apple asks top US court to reject Samsung appeal
Apple has asked the US Supreme Court to dismiss Samsung's appeal in the blockbuster patent case between the two smartphone giants, saying the ruling followed "well-established" legal precedent. ... more
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Beijing company sets new thrust record in rocket engine test
China deploys Yaogan 45 satellite on Long March 7A rocket
The 10-Point Seasonal HVAC Checklist Every Homeowner Should Follow (and Why Each Item Matters)
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China-backed AIIB taps former British minister
The China-initiated Asian Infrastructure Investment Bank (AIIB), viewed by some as a rival to the World Bank, on Friday announced executive appointments including a treasury minister from Britain's former coalition government. ... more
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U.S. rig count drops 8 percent
The total number of rigs actively exploring for or producing oil and gas in the United States dropped more than 8 percent, Baker Hughes reports. ... more
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Kurds pay out for crude oil exports
With formal statehood under consideration, the Kurdish government continues to make its regular payments for crude oil exports, Genel Energy said. ... more
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House scoffs at Obama's proposed $10 oil fee
Republican leaders in the U.S. House said a White House proposal to impose a $10-per-barrel tax on U.S. oil stands no chance of gaining legislative traction. ... more
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BG Group ends independence on high note
In its last report as an independent company, BG Group said it was one of the few companies in the struggling sector to report a full-year profit. ... more
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