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Russian oil output highest in 30 years ahead of Doha meeting

April 3, 2016 by · Leave a Comment 

By Vladimir Soldatkin MOSCOW (Reuters) – Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow's commitment to freeze output ahead of a producers' meeting in Doha later in April. Energy Ministry data on Saturday showed that in tonnes, oil output reached 46.149 million in March versus 43.064 million, or 10.88 million bpd, in February. …

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Russian oil output highest in 30 years ahead of Doha meeting

state-takeover

Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts

April 3, 2016 by · Leave a Comment 

By Makiko Yamazaki SAKAI, Japan (Reuters) – Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp …

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Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts

state-takeover

Britain says government contracts must consider local steel firms

April 3, 2016 by · Leave a Comment 

Britain said on Sunday that all public sector contracts that involve steel supplies must specifically consider UK steel companies as part of plans to find a long-term solution for the country's steel industry. The government is looking for ways to support domestic steel producers after India's Tata Steel put its British plants…

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Britain says government contracts must consider local steel firms