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Sep 04 2008

Deal agreed over TNK-BP oil venture

By Agencies

The agreement has been well received by investors [AFP]

British and Russian shareholders have announced an end to a months-long feud for control of TNK-BP, the joint oil venture.

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Tags: TNK-BP British-Russian

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Sep 03 2008

Google unveils new browser

By Agencies

Chrome is aimed at reducing worldwide reliance on Microsoft's IE [EPA]

Internet search giant Google has released a new browser called Chrome in a bid to expand its huge lead in the search engine market and reduce its rival's dominance over personal computers.

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Tags: Google browser

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Sep 01 2008

German bank to slash 9,000 jobs

By Agencies

About 2,500 of the 9,000 jobs that will be cut are set to be lost outside Germany [AFP]

Commerzbank aims to cut almost $2.95 billion in costs by slashing 9,000 jobs after buying Dresdner Bank.

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Tags: Commerzbank German bank

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Aug 28 2008

China agrees $3bn Iraq oil deal

By Agencies

Iraq and China have agreed the terms of a $3 billion oil service contract, Iraq's oil minister says, announcing the first major oil contract with a foreign firm since the fall of Saddam Hussein.

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Tags: China Iraq oil

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Aug 22 2008

S Korea officials warned off golf

By Agencies

Lee has battled against low popularity ratings

Lee Myung-bak, South Korea's president, has told his officials to stop playing golf, saying it sends the wrong message to people suffering the effects of the country's economic downturn.

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Tags: Lee Myung-bak South Korea golf

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