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Brazil's Embraer aircraft wins U.S. Defense contract

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Brazilian planemaker Embraer (EMBR3.SA) will sell its A-29 Super Tucano aircraft to the U.S. Air Force, in a firm-fixed price delivery order contract worth $355 million, the company said in a statement late on Friday.

Readmore..... Wednesday, 04 January 2012 04:10
 
   

South Stream pipeline gets Turkey green light

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Turkey has given permission for the South Stream gas pipeline to be built across its territories, giving the project a clear run into the lucrative energy markets of Europe.

Readmore..... Wednesday, 04 January 2012 04:09
 
   

PetroChina buys control of Canada oil sands project

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PetroChina (601857.SS) became the first Chinese state-owned company to wholly own a Canadian oil sands development after agreeing on Tuesday to buy out its partner's stake in a newly approved project for C$680 million ($674 million).

Readmore..... Wednesday, 04 January 2012 03:59
 
   

Bajaj Auto Launches Car

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The RE60, Bajaj Auto's low-emission car, has high fuel-efficiency ratios.

Readmore..... Wednesday, 04 January 2012 03:58
 
   

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