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InProcess Instruments has new sales routes in Russia

Ten years after the company was formed, InProcess Instruments has now also established a strong sales partnership in Russia with the SibAnalytService company in Krasnoyarsk. Alexej Veselov, the managing director at SibAnalytService Ltd., has been active for many years in ...

Finland, Bahrain to build base oil joint venture

HELSINKI -- Finnish biggest refiner Neste Oil Corporation said in a statement on Monday that the company will make a joint venture with Bahrain's oil companies to build a lubricant base oil facility in Bahrain. The agreement had been reached among Finnish Neste company, Bahrain's ...

Bioplastic from non food-based cellulosic biomass

A project planned to develop a bioplastic from non-food-based cellulosic biomass afor use in vehicles by 2013 is being planned in Japan. Mazda Motor Corporation has signed a collaborative research agreement with Hiroshima University to launch the Mazda Bioplastic Product. The ...

Oil edges lower as Saudi readies new output boost

SINGAPORE - Oil prices eased further below $135 a barrel on Monday as Saudi Arabia prepared to push production to its highest rate in decades to help keep pace with demand and tame what it sees as unacceptably high prices. U.S. light, sweet crude for July delivery, which had ...

Chavez picks loyal oil man as finance minister

CARACAS - Venezuela's President Hugo Chavez ended days of speculation on Sunday and named Ali Rodriguez, a trusted ally who has also served as head of state oil company PDVSA, to lead the finance ministry. Rodriguez, who was a fighter in the Venezuelan guerrilla movement in the ...

BASF with new class of enzymes for production of chiral intermediates

BASF has developed a new class of enzymes that can be utilized for the industrial production of chiral intermediates: these specifically modified biocatalysts, which the companies has patented, are called enoate reductases. The asymmetric bioreactions catalyzed by enoate ...

HK shares expected to open higher on lower oil

HONG KONG - Hong Kong shares are expected to rise on Monday, after losing 7.4 percent last week, following a pullback in crude oil prices on Friday. A statement from the Chinese capital markets regulator saying it was reviewing the possibility of further opening up its markets to ...

Quattor to account for 40% of PE and PP production in Brazil

Quattor - Brazil's youngest petrochemicals joint venture project has been planned to have installed capacity of 2.8 mln tpa of basic and intermediary petrochemical products and 1.9 mln tpa of resins. Quattor, to come onstream by year-end is a merger of petrochemicals groups ...

Cereplast Inc's Seymour project on track as facility is safe from floods

Cereplast Inc's bioplastic resin facility at Seymour remains safe from flooding that has been caused by record rainfall in parts of the state leading to evacuation of 100 homes in Seymour this week. Cereplast Inc's bioplastic resin production remains on track to open its Seymour, ...

Oil prices could rise further, says Bank of Spain

MADRID - The steep rise in the oil price since early 2007 has been caused by production and refining constraints and prices could rise further, the Governor of the Bank of Spain Miguel Angel Fernandez Ordonez said on Tuesday. High oil and food prices could cause a wage-price ...

Mexico to attend June 22 Saudi oil meeting

MEXICO CITY - Mexico, the world's No. 10 exporter of crude oil, will send a representative to a meeting of oil producing and consuming countries in Saudi Arabia on June 22 to address sky-high oil prices, an energy ministry spokesman said on Tuesday. Saudi Arabia, the world's top ...

Market full of oil, price trend "fake"

ISFAHAN, Iran - The oil market is plentifully supplied and the rally to record high prices is "fake and imposed", Iran's president said on Tuesday, blaming a weak U.S. dollar which he said was being pushed down on purpose. "At a time when the growth of consumption is lower than ...

Oil falls on Saudi output hike plan

NEW YORK - Oil prices slipped from record highs on Tuesday on plans by top exporter Saudi Arabia to increase crude output to help curb soaring fuel costs. The move by the OPEC kingpin came as American and British regulators imposed position limits on U.S. crude contracts on the ...

Oil prices dip on supply increase

NEW YORK -- Oil prices dipped slightly Tuesday as the news of future crude supply increase weighed on the market. Light, sweet crude for July delivery fell 60 cents to settle at 134.01 U.S. dollars a barrel on the New York Mercantile Exchange. Crude futures traded within a narrow ...

Oil supply boost won't lower prices: Iraq

LONDON - Any increase in world oil output would not have a significant impact on record-high crude prices that are being driven by speculation, Iraq's oil minister said on Tuesday. Regulations needed to be introduced to stabilize oil markets, Hussain al-Shahristani said in an ...

U.S.'s Bodman welcomes talk of Saudi oil output rise

WASHINGTON - U.S. Energy Secretary Sam Bodman said Monday he could not confirm talk of a 500,000-barrel-per-day increase in oil production by Saudi Arabia, but said he would welcome the move. United Nations chief Ban Ki-moon said over the weekend that Saudi Arabia, the world's ...

Wall Streets ends mixed on retreating oil prices

NEW YORK -- Wall Street ended mixed Monday as oil prices retreated from a fresh record high and the quarterly report from Lehman Brothers revived hope for the financial sector. Crude oil prices hit a new record high of 139.89 U.S. dollars a barrel before retreating to settle ...

Oil dips after record, Saudi poised to boost output

NEW YORK - Oil prices eased on Monday as top world producer Saudi Arabia appeared poised to boost production to the highest level in decades to ease a record rally that has threatened global economic growth. The dip into negative territory came after a brief surge earlier in the ...

Higher oil prices may slow China industry: economist

CALGARY, Alberta - A 20 percent increase in China's fuel prices, introduced on Thursday, may allow the country's strapped refiners to boost output, but its booming industrial sector may slow as energy costs rise, an influential energy economist said. Ed Morse, chief energy ...

Nigeria attack stops Shell's Bonga offshore oil

ABUJA - Militants in speedboats attacked Royal Dutch Shell's main offshore facility in Nigeria on Thursday, cutting the country's oil output by a tenth and raising fears of a new campaign against deepwater installations. The strike on Shell's Bonga field, which lies some 120 km ...

Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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