
Gulf Keystone Petroleum moving on restructuring
The target of a takeover bid, Iraqi oil player Gulf Keystone Petroleum said most of the parties with an interest in the company are in favor of restructuring. ... more
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Iran looking for oil middle men
A middle man may be necessary to facilitate crude oil deliveries from Iran to the international market, a national petroleum official said from Tehran. ... 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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China's online population exceeds 700 million: govt
The number of web users in China - already the world's largest online population - has risen over 700 million, authorities said Wednesday as they seek to turn the internet into a new growth driver. ... more
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IMAX to open 160 cinemas with China's Wanda
North American entertainment giant IMAX Corp. said Tuesday it plans to open 150 new cinemas in China after reaching agreement with Chinese conglomerate Wanda Group, in its largest ever new theatre deal. ... more
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Offshore drillers less-than optimistic
After idling some rigs in an effort to cut costs during the second quarter, Diamond Offshore said its optimism about a market recovery was somewhat low. ... more
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German state Bavaria to sue VW over pollution scandal
The German state of Bavaria plans to sue Volkswagen over the carmaker's engine rigging scandal that led to massive losses in the southern region's pension funds, its finance ministry said Tuesday. ... more
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HSBC profits plunge as Brexit uncertainty bites
HSBC posted Wednesday tumbling second-quarter net profit on volatile markets and China's slowdown, warning it faced "a period of heightened uncertainty" after Britain voted to leave the European Union. ... more
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