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Oil prices edge up on stronger demand, uncertainty over Iran deal
2015-06-24 08:06:40| Grocery - Topix.net
Oil prices edged higher in Asian trade on Wednesday on hopes for stronger than expected U.S. crude demand, while doubts over the prospect of reaching an agreement next week on Iran's nuclear program eased oversupply concerns. had climbed 3 cents to $64.48 a barrel by 0512 GMT , after settling up $1.11, or 1.8 percent, in the previous session.
Court delays $3.5B Sysco-US Foods deal after legal challenge
2015-06-24 01:05:02| Food - Topix.net
A court on Tuesday temporarily blocked Sysco from buying US Foods, a deal opposed by regulators who say it would reduce competition between food supply companies. The U.S. District Court for the District of Columbia granted an injunction blocking the companies from combining until legal proceedings are resolved.
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RayGen signs deal supply 500MW of utility scale solar power modules in China
2015-06-24 01:00:00| Power Technology
Australian solar firm RayGen Resources has signed a Memorandum of Understanding (MoU) with China Three Gorges New Energy to install 500MW of utility-scale concentrated solar photovoltaic (CSPV) power in China within the next five years.
BP signs gas supply deal with Egypt
2015-06-24 01:00:00| Hydrocarbons Technology
Egyptian Gas Holding (Egas) has signed a deal with UK based BP under which the latter will supply 16 cargoes of liquefied natural gas (LNG).
As it closes AOL deal, Verizon teases new video service
2015-06-23 21:24:32| Telecom - Topix.net
The country's largest wireless provider teased a few details of its upcoming offerings Tuesday while announcing it had completed its $4.4 billion purchase of AOL Inc. The deal is designed to help Verizon Communications Inc. expand in mobile video and advertising as more hours are spent watching video, reading and shopping on phones and tablets. Verizon's mobile video service will work on competitors' networks as well as on Wi-Fi and will include ad-supported data, says Verizon executive vice president Marni Walden.
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