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Airbag recall firm Takata reports loss

2016-05-11 09:35:58| BBC News | Business | UK Edition

Japanese airbag maker Takata reports a loss as it grapples with the rising costs of recalling its potentially deadly airbags.

Tags: reports loss firm recall

 

UK firm UD Group to provide software for European energy retailer Gazprom

2016-05-11 01:00:00| Power Technology

UK-based software provider UD Group has received a contract from European energy retailer Gazprom Energy, which will join several large energy suppliers.

Tags: software group provide energy

 
 

GE Power to buy South Korean firm Doosans power plant unit for $250m

2016-05-11 01:00:00| Power Technology

GE Power has signed an agreement to purchase Doosan Engineering & Construction's Heat Recovery Steam Generator (HRSG) for $250m.

Tags: buy power south unit

 

AWE rejects $311m takeover bid from US private equity firm Lone Star

2016-05-11 01:00:00| Hydrocarbons Technology

Australian energy company AWE has rejected a A$421m ($311m) takeover bid from US-based private equity company Lone Star Funds, saying that the proposal does not reflect the fair underlying asset value of the company.

Tags: private star firm bid

 

Saudi oil firm says demand increasing

2016-05-10 10:54:51| BBC News | Business | UK Edition

The boss of the Saudi Arabia's state-owned oil firm Saudi Aramco says demand is increasing.

Tags: firm increasing oil demand

 

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