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NEW DELHI, Dec. 29 (UPI) -- A deal for the acquisition of British oil exploration firm Imperial Energy by Videsh Ltd. is 90 percent approved by shareholders as a deadline nears.
ARLINGTON, Va., Dec. 29 (UPI) -- Today, digital networks are so ubiquitous that their sudden disappearance would lead to economic collapse, and yet many people are barely aware they are relying on networks when they turn on the lights, go to the grocery store or seek medical care.
BAKU, Azerbaijan, Dec. 29 (UPI) -- Crude oil exports from Azerbaijan topped 9 million barrels in November, bringing some $627 million in profits, state reporting agencies said Monday.
WASHINGTON, Dec. 29 (UPI) -- How should one interpret the conflicting messages coming out of Moscow and Tehran last week about over whether Russia has sent S-300 air defense system components to Iran?
SEOUL, Dec. 29 (UPI) -- South Korea is planning to build 31 new nuclear reactors and conventional thermal power plants.
NEW DELHI, Dec. 29 (UPI) -- Indian companies KEC International Ltd. and RPG Transmission Ltd. will build power lines in Tajikistan.
SHANGHAI, Dec. 29 (UPI) -- Work began near Shanghai on one of two new nuclear generating units.
NEWTON, Kan., Dec. 29 (UPI) -- A new U.S. wind turbine company fills a niche by specializing in mid-size wind turbines.
China plans to build its reserves; Ecuador cuts oil production; CNOOC announced a deal with CPC
IPI dead in the wake of Mumbai attacks; Chinese West-East pipeline expands; Iran brings South Pars pipeline online
NEW YORK, Dec. 29 (UPI) -- The financial meltdown of 2008 has created a banner year for a few opportunistic U.S. lawyers, whose business it is to advise banks.
DETROIT, Dec. 29 (UPI) -- A failure at U.S. lender GMAC could undermine the survival of auto giant General Motors Corp., an industry analyst says.
MOUSTACHE ISLAND, Iraq, Dec. 29 (UPI) -- Violence is way down in Iraq, but the U.S. armed forces and the Iraqi National Police are continuing to net large quantities of the weapons needed to sustain terrorist attacks and guerrilla war.
FORT WORTH, Texas, Dec. 28 (UPI) -- Major U.S. airlines are expected to be profitable next year, industry analysts say.
SEOUL, Dec. 28 (UPI) -- South Korea's state-run Korea Development Bank said Sunday it can delay a deal to sell Daewoo Shipbuilding & Marine Engineering to Hanwha Group by one month.
SEOUL, Dec. 28 (UPI) -- Banks in South Korea are expected to help troubled car makers that are willing to restructure, sources say.
TOKYO, Dec. 28 (UPI) -- About 85,000 workers in Japan have lost or will lose their jobs through March 2009, the Health, Labor and Welfare Ministry says.
SEOUL, Dec. 27 (UPI) -- South Korean officials hope a sharp drop in the country's currency will mean an equally dramatic rise in visitors from China and Japan.
ANCHORAGE, Alaska, Dec. 27 (UPI) -- A growing number of small communities throughout Alaska now have access to cellular phone services thanks to GCI Communication Corp., the company says.
SEOUL, Dec. 27 (UPI) -- South Korean President Lee Myung-bak said Saturday his country will suffer its first period of negative economic growth in a decade.
OSAKA, Japan, Dec. 27 (UPI) -- McDonald's acknowledges hiring nearly 1,000 people to attend a hamburger marketing promotion at one of the chain's fast-food restaurants in Osaka, Japan.
LONDON, Dec. 27 (UPI) -- The British economy is facing an uncertain future as the country's gross domestic product is expected to decline dramatically next year, a group says.
LIVERPOOL, England, Dec. 27 (UPI) -- More than 200 Woolworths stores across Britain closed Saturday, with the chain's remaining 600 British stores likely to be shuttered by Jan. 5, analysts said.
MOSCOW, Dec. 27 (UPI) -- Inflation in Russia next year could slow to 11 percent, after reaching as high as 13.8 percent in 2008, the country's finance minister said Saturday.
WASHINGTON, Dec. 27 (UPI) -- U.S. businesses are gearing up to do battle with worker groups in a political fight over rules governing how unions can be formed and joined, analysts said.
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65th Annual Cannes International Film Festival
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Sam Riley (L), Kristen Stewart (C) and Danny Morgan arrive on the red carpet before the screening of the film "On The Road" during the 65th annual Cannes International Film Festival in Cannes, France on May 23, 2012. UPI/David Silpa