
Automaker Mitsubishi admits falsifying fuel-efficiency tests
Japanese automaker Mitsubishi on Wednesday admitted it falsified fuel-efficiency tests in more than 600,000 vehicles, after reports of misconduct sent its Tokyo-listed shares crashing. ... more
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Intel gambit aims for position in post-PC world
The massive shakeup announced by Intel reflects the rapid changes in the tech sector and aims to position the Silicon Valley titan for a post-PC world. ... more
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Airbus, Leonardo and Thales reported moving towards European space firm
New study links satellite discharges to electron buildup in orbit
Gilat wins $7 million US defense contract for transportable SATCOM systems
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Sanctions uncertainty hinders investor return to Iran
Iran may technically be open to foreign investors after a nuclear deal with Western powers, but many sanctions remain, deterring potential business partners who fear the US could hit them again with punishing fines. ... more
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Australia's Woodside searching for silver lining
Australian energy company Woodside said its short-term financial trends were under pressure, but had largely outperformed metrics year-on-year. ... more
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Oil output down for U.S. shale company Sanchez
U.S. inland oil player Sanchez Energy Corp. said Wednesday its average daily oil production volume was down nearly 10 percent from last year. ... more
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Study sank $1.3 bn refinery project with China: Costa Rica
Irreconcilable differences over a rejected feasibility study scuppered a $1.3 billion project with China to build an oil refinery, Costa Rica's state-run petroleum distribution group RECOPE said Wednesday. ... more
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Kremlin says it won't politicize Yukos ruling
A spokesman for the Kremlin said Wednesday the Russian government won't politicize its victory in a Dutch court in a battle with former Yukos Oil Co. ... more
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