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Hexagon takes over Aibotix

Swedish visualization solutions company Hexagon has acquired Aibotix, a German manufacturer of drone aircraft systems.

Safeway in discussions to sell itself

Grocery chain Safeway Inc., based in Pleasanton, Calif., said Thursday it is in discussions to sell itself, although no deal has been reached.

Mortgage rates edge higher in week

Interest rates on long-term mortgage rose with a push from the rising yield on benchmark Treasuries, the Federal Home Loan Mortgage Corp. said Thursday.

India moves ahead in forming coal regulator

India has given the go-ahead for the creation of a regulator for the country's coal sector.

Israel has $500M gas deal with Jordan, but wider exports still unclear

Israel has signed its first gas export deal, selling gas worth $500 million to Arab peace partner Jordan, but debate over whether the Jewish state will export the bulk of its gas via undersea pipeline or by tanker as liquefied natural gas is still unresolved.

Maryland National Guard getting more chem-bio protective shelters

Medical shelters that offer protection from chemical and biological threats are being produced by Smiths Detection of Maryland for the state's National Guard.

Lockkheed to use unmanned aerial, ground vehicles in capability demo

Lockheed Martin is to conduct an autonomous reconnaissance, surveillance and target acquisition experiment for the U.S. Army using unmanned vehicles.

Ducommun contracted for TOW missile components

Ducommun Inc. says it will produce wiring harnesses and printed circuit card assemblies for tube-launched, optically tracked, wireless guided missiles.

New BAE target system passes critical design review

A man-portable precision targeting system by BAE Systems for dismounted troops has successfully passed the U.S. Army's Critical Design Review.

Mid-Atlantic manufacturing slides into negative territory

The Philadelphia Federal Reserve Bank said the monthly mid-Atlantic manufacturing index dropped into negative territory in February.

Tangible Security acquires A&N Associates

Cyber-solutions company Tangible Security has acquired A&N Associates Inc., boosting its portfolio of information assurance products and management services.

Estimate of U.S. manufacturing shows February rebound

U.S. manufacturing activity rebounded from a three-month low in January to a nearly four-year peak in February, Markit Economics said Thursday.

Consumer confidence edges lower in European Union

Consumer confidence slipped in the eurozone and European Union in January, the European Commission said Thursday.

U.S. leading indicators rose in January

The U.S. index of leading economic indicators increased in January, the Conference Board said Thursday.

Eurozone's business growth slows slightly in February

A flash estimate of the eurozone's purchasing managers index indicated growth slowed, but only fractionally, in February, Markit Economics said Thursday.

Staying warm became pricier in January

U.S. consumer prices rose at a fractional pace in January, but the price of staying warm set the pace for gains, the Bureau of Labor Statistics said Thursday.

First-time unemployment benefit claims drop modestly

First-time unemployment benefits claims fell by 3,000 to 336,000 in the week that ended Saturday, the U.S. Bureau of Labor Statistics said.

Canadians leave Mexico confident about energy future

The Canadian government sees a "significant opportunity" to expand its energy partnership with Mexico, Canadian Natural Resources Minister Joe Oliver said.
Moniz: Pipelines 'probably' better than rail for oil

Moniz: Pipelines 'probably' better than rail for oil

Building more pipelines in the United States might be the best way to address midstream bottlenecks in the energy sector, Energy Secretary Ernest Moniz said.
Keystone XL foe declares victory in Nebraska

Keystone XL foe declares victory in Nebraska

Bold Nebraska, an opponent of the Keystone XL pipeline, said a Nebraska decision against the project is a victory for the state.

Gazprom confident about South Stream prospects

The South Stream pipeline for Russian gas through southern Europe is a competitive part of the region's energy security plans, a Gazprom official said.

Cuadrilla founder mulls offshore fracking

Moving the shale natural gas sector into the Irish Sea may be the next developmental frontier, the founder of British energy company Cuadrilla said.

Gulfsands Petroleum mulls 'eventual' return to Syria

Gulfsands Petroleum, which has headquarters in London, said Thursday it was confident it will be able to recommit itself to developments in Syria.

Ukraine violence troubles European energy body

The European Energy Community said it was lending its hand to Ukraine to help resolve the country's political crisis in a peaceful way.

Israeli natural gas designated for Jordan

U.S. and Israeli partners managing the Tamar natural gas field in the Mediterranean Sea said they secured a 15-year delivery agreement with Jordan.
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