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Shell, Total to benefit from Asian demand for LNG
Energy

Shell, Total to benefit from Asian demand for LNG

Barclays reiterated its ‘overweight’ stance and 2,850p target price on shares of Royal Dutch Shell, pointing to the solid outlook for Asian demand of liquified natural gas that the broker said should support long-run prices and provide better trade opportunities. Over the next two years, new project start-ups in the […]

Rio Tinto signs mineral exploration agreement with Minmetals
Global

Rio Tinto signs mineral exploration agreement with Minmetals

Rio Tinto and Minmetals have signed a Technical Collaboration Agreement, formalising a collaborative partnership in mineral exploration. It follows a Heads of Agreement on Global Exploration Collaboration signed in June this year, which set out the principles and framework for the parties to conduct potential collaboration in global mineral exploration. […]

Russia approves Yandex ridesharing business with Uber
Tech

Russia approves Yandex ridesharing business with Uber

The Federal Antimonopoly Service of the Russian Federation has approved the agreement between Yandex and Uber to combine their ride-sharing businesses in Russia. The Ministry of Antimonopoly Regulation and Trade of the Republic of Belarus has also approved the transaction in Belarus. The decision of the antimonopoly service of Kazakhstan […]

Sweden adjudged best country to be an immigrant
Global

Akzonobel enters Sweden with its expansion project

AkzoNobel’s has broken ground at its Kvarntorp plant in Sweden as part of a project to expand production capacity for chelated micronutrients, which are used as essential minerals in the agricultural market. The investment of more than €10 million will help meet growing demand for micronutrients, particularly in regions with […]

Provident Financial’s chairman Manjit Wolstenholme dies
Global

Provident Financial’s chairman Manjit Wolstenholme dies

Provident Financial said the company’s executive chairman Manjit Wolstenholme had died. However, the company has appointed independent director Malcolm Le May as interim executive chairman. Manjit Wolstenholme passed away suddenly on November 23, Provident said. “We are deeply shocked and saddened,” Le May said. “The thoughts of everyone at Provident […]