Iran and Italian power company Edison are nearing agreement on a deal to pump more than a billion cubic feet of Iranian gas to Europe per day, the Iranian oil minister said on Sunday.
Kazakhstan and a consortium of major oil companies led by Italy's Eni have set January 15 as the new deadline for talks over the fate of the giant Kashagan oilfield, Kazakh Energy Minister Sauat Mynbayev said yesterday.
The European Central Bank starts 2008 with its stature boosted by quick responses to this year's banking crises, but its credibility will be tested soon by money markets, wage demands and a potential housing bust.
Anyone looking to reflect on the high points of the year in business and finance can pretty much do it in one, maybe two, words: subprime mess.
The Sam Zell era is about to begin at Tribune Co.
The Christmas Grinch has arrived. Or at least that's the feeling in some Australian workplaces where bosses have warned staff against excessive boozing and even exchanging presents, reports say.
The Taj Mahal, one of the world's architectural masterpieces, welcomes about 2.5 million visitors each year - provided they don't try to buy tickets with dollars.
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