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Companies team for technologies
MOSCOW, April 29 (UPI) -- Russia's main electrical generating corporation is trying to buy a major Turkish energy trading firm, Interfax news agency reported Friday.
Directors at Unified Energy Systeme) sanctioned a bid for at least 70 percent of the shares of the Turkish energy trader TGR Enerji. The decision was reached at the most recent UES board meeting on Tuesday.
"The stake is being purchased in order to develop foreign economic activity in that country (Turkey)," a statement posted on the UES web-site said.
UES is run by Anatoly Chubais, the main architect of Russia's crash privatization program in the early 1990s.
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ABUJA, Nigeria, May 23 (UPI) --
The Nigerian government has "aggressive" investment programs in place to provide a major boost to the oil and natural gas sector, a minister said.
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ORLANDO, Fla., May 23 (UPI) --
A new labor agreement between Lockheed Martin and workers at three company facilities has been ratified and is now in effect.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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