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Industrial

Tobacco company reaches $575m deal

Dec 19 2014 15:00

British American Tobacco says it has agreed to pay $575m to settle litigation with the Flintkote company regarding disputed dividends and asbestos claims.

Industrial

Rousseff shines spotlight on Petrobras

Dec 19 2014 14:00

Brazilian President Dilma Rousseff has vowed to help implement the toughest corporate governance standards at state-controlled oil producer Petróleo Brasileiro.

Industrial

Germany takes delivery of its first Airbus A400M

Dec 19 2014 10:59

Airbus Defence and Space has delivered the first Airbus A400M military transport ordered by Germany.

Travel & Leisure

Premium passenger numbers up at slower rate

Dec 18 2014 16:29

There has been no further increase in premium's share of total traffic, which could suppress growth in premium yields and revenues.

Industrial

Mozambique gets new law for gas partnerships

Dec 18 2014 10:48

Mozambique has published a law for energy firms' multi-billion dollar gas projects, as the country gears up to become a leading exporter of liquefied gas.

Industrial

Transnet pensioners in R80bn suit dying off

Dec 18 2014 07:55

Some 7 000 Transnet pensioners have died since the first steps were taken to launch a class action case against the state-owned transport company, it has emerged.

Industrial

Alstom to pay $700m in US bribery case

Dec 17 2014 18:14

French industrial giant Alstom has agreed to pay $700m to settle US corruption charges related to bribes in a few countries, says a source.

Industrial

Gloves off on Chevron's Cape dominancy

Dec 17 2014 08:23

Burgan Cape Terminals, which seeks to build a new petrol and diesel storage facility, has officially laid a complaint against Chevron SA for “exclusionary” conduct.

Industrial

Eskom generators running again

Dec 17 2014 07:52

Four Eskom generators, that have stopped working at three power stations, are functional again, an official says.

Inside Fin24.com

 
Industrial

China snaps up UK wind farms

Dec 16 2014 09:18

China's largest nuclear power producer will buy an 80% stake in three British wind farms run by a unit of EDF, the French energy giant.

Industrial

China extends $2bn credit to Angola

Dec 15 2014 19:00

Angola's state oil company Sonangol is set to benefit from a new $2.0bn line of credit from the Chinese Development Bank to finance new projects.

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