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Court orders Anadarko to pay $159.5M penalty for 2010 Deepwater Horizon oil spill

Petroleum company Anadarko was ordered to pay $159.5 million as part-owner of BP's Macondo Well that caused the biggest oil spill in the U.S. The oil spill caused an explosion that killed 11 people and a massive oil spill in Gulf of Mexico in 2010.

Dec 01, 2015 09:24 PM EST


Swatch collaboration with Visa for its new "pay-by-the-wrist" watch

Swatch partners with VISA for easy payment through 'pay-by-the-wrist' watch. This gadget with great feature is currently available in Switzerland, U.S., and Brazil.

Dec 06, 2015 10:26 PM EST


Shell Chemical to expand alpha olefins production plant in Louisiana

Shell Chemical will expand its petrochemical site to produce alpha olefins chemicals in Louisiana. The company will invest $17 million for the expansion. The construction will begin in the first quarter of 2016.

Dec 01, 2015 02:30 AM EST


Experts and Property Companies Doubt George Osborne Housing Plan

Britain's Finance Minister George Osborne annnounced that housing is the biggest priority in his 2015 bi-annual budget review in the House of Commons.

Dec 01, 2015 05:28 AM EST


Bugatti Chiron will debut next year at the Geneva Motor Show

Bugatti confirmed Monday that the new supercar will be called the Chiron, and will debut next year at the Geneva Motor Show.

Dec 02, 2015 02:02 AM EST


Sweden’s economic growth in third quarter beats expectations

Sweden's third quarter economic growth was double than the rate predicted. The economy grew 0.8 percent while analysts forecasted 0.4 percent from the second quarter 2015. Exports rose by 2.1 percent while the private consumption rose 0.7 percent.

Dec 01, 2015 02:33 AM EST


Generic Drug Sale widens in Japan as Takeda and Teva join hands

Teva pharmaceuticals which is said to be the world's largest generic drug maker has joined hands with Takeda Pharmaceutical Co, for a definitive agreement to sell generic drugs in Japan.

Dec 07, 2015 06:54 AM EST


Tokyo stocks fell amid concerns over Japan’s weaker industrial production

Japanese stock fell after data showed that Japan's industrial production fell short of expectations in October. All but three of 33 industry groups of the Topix index took a dive.

Dec 01, 2015 04:11 AM EST


GazProm Halted Gas Supply to Ukraine Due to Non-Payment

GazProm CEO said that the Russian company has stopped its gas supply to Ukraine starting last Wednesday due to payment issue.

Dec 02, 2015 02:32 AM EST


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