
Fall in Chinese factory gate prices eases again in May
The fall in producer prices eased further in May, data showed Thursday, fuelling hopes a slowdown in the world's number two economy is bottoming while stabilising consumer inflation also gave authorities room for fresh stimulus. ... more
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US firm scraps plan for China to build LA-Vegas rail line
A private US company said Thursday it had cancelled a deal with a Chinese rail consortium that was to build a high-speed rail line linking Los Angeles to Las Vegas. ... more
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First Tranche 1 satellites launched for Space Development Agency network
ICEYE unveils ISR Cell to deliver space intelligence at tactical scale
Satlink joins Rivada to deliver secure satellite connectivity for defense and enterprise
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House moves bill to ensure oil, gas pipeline safety
House leaders announced the passage of a bill that would help fund federal regulatory efforts and authorize inquiries into leaks like the one in California. ... more
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Russian company brings more oil online in Iraq
Production from three new wells brought online at the Badra oil field add to the total daily output from OPEC-member Iraq, a Russian field operator said. ... more
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Oil might not drive some economies long-term, IMF said
Particularly in the Middle East and Central Asia, lessons from the slump in crude oil prices suggest a revenue overhaul may be needed, the IMF said. ... more
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Statoil: New thinking needed for low-carbon economy
Even under the best-case scenario, Norwegian energy company Statoil said a radical transformation is needed to advance a global low-carbon economy. ... more
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Industry survey finds support for energy funds
An industry survey of pension beneficiaries in the United States finds few told interviewers they would opt to move funds out of the oil and gas sector. ... more
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