
China forex reserves rise unexpectedly in June
China's foreign exchange reserves unexpectedly increased by $13 billion last month, officials said Thursday, as pressure on its currency the yuan to depreciate apparently eased. ... more
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Saipem tapped for work in giant gas field offshore Egypt
One of the most significant parts of a package of deals worth more than $1.5 billion is for a contract tied to a gas field offshore Egypt, Italy's Saipem said. ... 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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Oil rallies on short-term easing in U.S. unemployment
Despite underlying economic and supply-side pressures, crude oil prices rallied in early Thursday trading in response to positive U.S. labor news. ... more
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Oil, gas worker strike averted in Norway
Strike action that would have impacted production offshore Norway has been averted after a deal was reached on pay rates, a labor union said Thursday. ... more
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Chinese firm Midea gets over 50% of Germany's Kuka
Chinese appliance giant Midea has secured majority control in German industrial robotics supplier Kuka, it said Thursday, with a multi-billion-euro offer that stoked controversy in Europe. ... more
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Genel reviews Kurdish oil output
Iraqi-focused oil company Genel Energy said it lowered its outlook for production from one of its key assets in the Kurdish north of the country. ... more
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Mobile news surges, newspapers fall further: US poll
Americans are increasingly turning to their mobile devices for news, with print newspapers losing more ground, a poll showed Thursday. ... more
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