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Key Industries

Strike costing Air France up to $13.3m a day

Thursday, 09 February 2012 at 16:24, Reuters, Paris

A strike by pilots is costing Air France around €8 million-€10m ($10.6m-$13.3m) per day in operating income, a spokeswoman said on Thursday as the industrial action entered its fourth and final da

UAE's Etisalat takes $827m charge against Indian ops

Thursday, 09 February 2012 at 16:09, Reuters, Dubai

Emirates Telecommunication Corp Ltd (Etisalat) wrote off the value of its Indian operations on Thursday, booking an $827 million impairment charge, after India ordered 122 telecoms licences to be canc

Opec cuts 2012 global oil demand growth forecast

Thursday, 09 February 2012 at 16:03, Reuters, London

World oil demand will rise more slowly than expected this year, Opec said on Thursday, hit by the euro-zone debt crisis and high retail prices.

India BPCL sells naphtha at record premiums

Thursday, 09 February 2012 at 16:01, Reuters, Singapore

India's Bharat Petroleum Corp Ltd (BPCL) sold a March naphtha cargo to Vitol for a record premium because of tight supplies amid steady demand, traders said on Thursday.

PepsiCo, Tata Global Beverages to sell health drink in India

Thursday, 09 February 2012 at 16:01, Bloomberg

Tata Global Beverages Ltd, which sells Tetley Tea and Eight O’Clock coffee, plans to market a nutrient beverage in India with PepsiCo Inc’s local unit to profit from rising sales of ready drinks i

Korea to buy more Qatari gas in 20-year deal

Thursday, 09 February 2012 at 15:24, Reuters, Doha

Qatar's Rasgas has agreed to sell South Korea's state-run Korea Gas Corp (Kogas) an additional 2 million tonnes a year of liquefied natural gas (LNG) for the next 20 years, the two companies said in a

Middle East crude pegged at slight premiums

Thursday, 09 February 2012 at 15:01, Reuters, Singapore

Middle East crude levels were valued at slight premiums on Thursday, traders said, but no deals were heard transacted.

Google plans first retail store at Dublin European headquarters

Thursday, 09 February 2012 at 14:50, Bloomberg

Google Inc plans its first stand- alone retail store at its European headquarters in Dublin after a trial at a computer shop in London, according to a filing by the world’s most popular search engin

EasyJet to test electric plane-taxiing gear

Thursday, 09 February 2012 at 14:37, Bloomberg

EasyJet Plc, Europe’s second-biggest discount airline, plans to test an electric taxiing system next year that is intended to save fuel.

Fitch affirms Qtel at 'A+', outlook stable

Thursday, 09 February 2012 at 14:09, Reuters

Fitch Ratings has affirmed Qatar Telecom QSC's (Qtel) Long-term foreign currency Issuer Default Rating (IDR) at 'A+' with Stable Outlook.


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