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Saudi Arabian Stocks Rise as Oil Holds Firm at $60; Israel Gains

2015-02-22 14:19:31| Chemicals - Topix.net

Saudi Arabian stocks climbed as Brent crude remained above $60 a barrel even after the drop in rigs targeting oil in the U.S. slowed. Israeli shares advanced for the sixth straight day.

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Airbus in talks with Indian firm on helicopter joint venture

2015-02-20 13:51:04| Steel - Topix.net

Airbus Helicopters said on Friday it is in talks with India's Mahindra and Mahindra, Reliance Industries and Tata Group to jointly make military helicopters, to comply with rules aimed at helping the nascent local defense industry. The company, a unit of Airbus Group, is offering to build its light utility AS550 Fennec and the medium lift EC725 for India's armed forces, which are heavily dependent on an ageing fleet of Cheetah and Chetak helicopters.

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NEA's Harry Weller on why the firm raises such gigantic funds

2015-02-20 01:31:18| IT Services - Topix.net

That's what New Enterprise Associates general partner Harry Weller told me about the monster venture capital firm's general philosophy regarding the management of its giant funds. What he means by the Rubik's Cube comparison: The firm devotes certain portions of the fund to certain sectors, certain geographies, certain sized companies, as if each were along one axiom of the cube.

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Chinese sports firm loses executives

2015-02-19 11:39:45| BBC News | Business | UK Edition

The UK-based directors of the Chinese sportswear brand Naibu have lost all contact with the company's chairman and executive director

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SD's US attorney to resign, join firm with ND's prosecutor

2015-02-18 22:13:11| Chemicals - Topix.net

6, 2012, file photo, Brendan Johnson, left, and Timothy Purdon, the U.S. Attorneys for South Dakota and North Dakota, respectively, listen to testimony about law enforcement on th... A man who led a Kansas commune that collected millions of dollars in life insurance payouts from dead members was convicted of premeditated murder Wednesday in the 2003 drowning death of a female member.

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