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Tanzania: TRA, Police Should Tighten Noose for Fair Sugar Deal

2016-02-24 07:57:13| Sugar Industry News

The government recently announced various measures to control importation of sugar after protracted complaints by different stakeholders including consumers and local producers.

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Shell signs deal to explore oil and gas offshore Bulgaria

2016-02-24 01:00:00| Offshore Technology

Shell Exploration and Production has signed an agreement with Bulgaria to explore oil and natural gas in the Black Sea deepwaters.

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China pulls out of Western Digital deal

2016-02-23 19:45:29| BBC News | Business | UK Edition

The merger of hard drive makers Western Digital and SanDisk will proceed at a lower price following the withdrawal of a key investor.

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Cairn Energy in Shetland deal as Ian Suttie puts First Oil Expro into administration

2016-02-23 16:52:40| Oil & Gas - Topix.net

CAIRN Energy has said it expects to make plenty of money East of Shetland after acquiring an additional interest in the giant Kraken field for a nominal cash payment from First Oil Expro, which has gone into administration. Tycoon Ian Suttie placed Aberdeen-based First Oil Expro into administration on Friday after failing to find a buyer for the firm, which faced big challenges amid the crude price slump.

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CAE strikes deal for Lockheed Martin flight training unit

2016-02-23 07:36:33| Electronics - Topix.net

File photo of Marc Parent, president and chief executive officer of aircraft simulation company CAE Inc. File photo of Marc Parent, president and chief executive officer of aircraft simulation company CAE Inc. CAE Inc. has struck a deal with U.S. aerospace and defence giant Lockheed Martin Corp. to acquire its commercial flight training unit. Montreal-based CAE, a leading flight crew trainer and simulator manufacturer, said on Monday the conditional agreement with Lockheed Martin will help expand its business for commercial flight simulators as well as result in the acquisition of assets such as full-flight simulators, simulator parts and equipment, facilities, technology and a skilled work force.

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