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Snapchat is worth $10 billion now

Snapchat is worth $10 billion now

Is an app whose content evaporates in seconds worthwhile? Apparently: Despite its ephemeral nature, Snapchat is pulling in the big bucks from investors.
Gabrielle Levy
Rheinmetall to build vehicle assembly plant in Algeria

Rheinmetall to build vehicle assembly plant in Algeria

Rheinmetall, the German defense manufacturer, has been give government approval to build a military vehicle assembly plant in Algeria.
Richard Tomkins
France receives upgraded aerial tanker

France receives upgraded aerial tanker

The first of three French Air Force KC-135RG aerial tankers has been returned to France following upgrade work by Rockwell Collins.
Richard Tomkins
Navy contracts for F-35-related construction work

Navy contracts for F-35-related construction work

The U.S. Navy has given five companies indefinite-delivery/indefinite-quantity awards for hanger construction work related to the F-35 aircraft.
Richard Tomkins
Carrier hull section sent to Scotland for ship assembly process

Carrier hull section sent to Scotland for ship assembly process

A more than 6,000-ton hull section of a new Royal Navy aircraft carrier is on its way to Scotland from England for the ship's final assembly process.
Richard Tomkins
Saab, U.S. Special Operations Command sign new deal for recoilless rifle

Saab, U.S. Special Operations Command sign new deal for recoilless rifle

A new framework deal for acquisition of Saab's Carl-Gustaf man-portable recoilless rifle has been signed by the company and the U.S. Special Operations Command.
Richard Tomkins
Magal Security Systems reports new awards

Magal Security Systems reports new awards

Magal Security Systems Ltd., an Israeli company, reports receipt of more than $4 million in domestic and international contracts for its technologies.
Richard Tomkins
Minnesota National Guard facility getting solar power array

Minnesota National Guard facility getting solar power array

Solar Power is to be produced at a Minnesota National Guard facility under a memorandum of understanding with Minnesota Power, in a $25 million project.
Richard J. Tomkins
Report: Apple developing 12.9-inch iPad to launch in 2015

Report: Apple developing 12.9-inch iPad to launch in 2015

Apple is reportedly developing a 12.9-inch iPad, making it the company's largest tablet.
Aileen Graef
Zara pulls toddler shirt featuring apparent Holocaust star from stores

Zara pulls toddler shirt featuring apparent Holocaust star from stores

Spanish retailer Zara has removed a toddler "sheriff" t-shirt from their stores and website after the garment drew comparisons to Holocaust prison uniforms.
Veronica Linares
Kurds claim win in latest oil row

Kurds claim win in latest oil row

A Texas court ruling to dismiss an order to seize Kurdish oil parked off the U.S. coast should give potential buyers confidence, the Kurdish government said.
Daniel J. Graeber
New gas demand price driver, forecast shows

New gas demand price driver, forecast shows

Emerging and recovering demand for natural gas in North American could translate to an end to the era of cheap energy resources, a forecast shows.
Daniel J. Graeber
Russia to take rubles, yuan for oil

Russia to take rubles, yuan for oil

Russian oil company Gazprom Neft said it agreed Wednesday to accept rubles and the Chinese yuan for crude oil deliveries.
Daniel J. Graeber
North Dakota gets more gas processing capacity

North Dakota gets more gas processing capacity

Energy company ONEOK Partners said it started operations at a gas processing plant in North Dakota capacity of processing 100 million cubic feet per day.
Daniel J. Graeber
Texas oil production up 25 percent from 2013

Texas oil production up 25 percent from 2013

Texas oil production in July increased more than 25 percent year-on-year, the state government said.
Daniel J. Graeber
Tanzania positioned as LNG hub, BG Group says

Tanzania positioned as LNG hub, BG Group says

Following positive results from an appraisal well off the coast of Tanzania, energy company BG Group said the country is in a good position for LNG development.
Daniel J. Graeber
Exxon settles in Louisiana oil spill case

Exxon settles in Louisiana oil spill case

ExxonMobil Pipeline Co. agreed to pay $1.4 million to resolve issues stemming from a 2012 oil spill in Louisiana, the Justice Department said.
Daniel J. Graeber
Putin says hands tied on gas issues

Putin says hands tied on gas issues

Russian President Vladimir Putin said Wednesday his hands are tied in terms of the dispute over natural gas to Ukraine because of pending court issues.
Daniel J. Graeber
N.D. gets grant to address crimes against women in boom towns

N.D. gets grant to address crimes against women in boom towns

The boost in North Dakota's economy from the oil boom has been met with a corresponding increase in crimes against women, Sen. John Hoeven said.
Daniel J. Graeber
Chinese oil demand declines

Chinese oil demand declines

The decline in how much oil China needs is a reflection of a slowdown in its economy, analysis from Platts said Wednesday.
Daniel J. Graeber
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North Dakota gets more gas processing capacity
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Carrier hull section sent to Scotland for ship assembly process
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Saab, U.S. Special Operations Command sign new deal for recoilless rifle
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Navy contracts for F-35-related construction work
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