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(MENAFN - AFP) Gazprom on Monday resumed gas supplies to Ukraine after receiving prepayment of $234 million from Kiev, assuaging European fears about a new energy crisis ahead of the winter heating season.

The resumption of gas supplies comes as fighting in the east has largely died down, fuelling hopes that the conflict that has claimed more than 8,000 lives can be resolved.

"Gazprom ...

(MENAFN - AFP) Polish Prime Minister Ewa Kopacz on Monday opened a maritime liquefied natural gas (LNG) terminal on the Baltic coast to ensure the EU member's energy independence from Russia.

The 720-million-euro ($820-million) investment in the northwestern city of Swinoujscie comes at a time when Poland has built hundreds of kilometres (miles) of pipelines and underground ...

(MENAFN - AFP) Shares in British engine maker Rolls-Royce and French counterpart Safran sank Monday following a report of a European competition probe into the aircraft maintenance sector.

The European Commission (EC) had written to carriers and aircraft component makers to ask for information about provisions in service contracts, the Financial Times reported, citing an ...

(MENAFN - AFP) Dell said Monday it was buying EMC, the world's largest data-storage provider, for $67 billion in a record tech tie-up to accelerate its move into the cloud and mobile market.

The mega merger would combine Dell, whose core global personal computer business is facing declining PC demand, with EMC's strength in enterprise storage.

Dell said the acquisition ...

12 Oct 2015   Oil prices erase earlier gains 
(MENAFN - AFP) Global oil prices fell Monday, reversing earlier gains, as some traders took profits and continued to fret over the stubborn global supply glut.

Brent North Sea crude for delivery in November sank 88 cents to stand at $51.78 per barrel in late afternoon London deals.

US benchmark West Texas Intermediate for delivery in November slid $1.06 to $48.57 per ...

(MENAFN - AFP) German stocks shot higher Monday on surging shares in energy companies boosted by indications that they have sufficient funds to close down their nuclear power plants.

Other main European markets slid however, ending last week's winning streak as traders assessed whether the Federal Reserve would raise US interest rates this year.

Shares in German energy ...

(MENAFN - AFP) Six Air France employees were arrested Monday for their role in a violent protest that forced an executive for the struggling airline to flee an angry mob after his shirt was ripped off.

The arrests sparked anger from union representatives and leftist politicians.

According to police sources, five of the men were taken into custody on the basis of witness ...

(MENAFN - AFP) Indian cricket legend Sachin Tendulkar launched an initiative in Sri Lanka Monday to improve hygiene among children in South Asia, where hundreds of millions have no access to toilets.

The Indian superstar showed local children at a deluxe hotel in Colombo how to use soap and water to wash their hands before meals and avoid the risk of disease.

"A simple ...

(MENAFN - AFP) Foetuses burdened with a crippling form of brittle bone disease will receive stem-cell treatment early next year in a pioneering trial, British hospitals participating in the study said Monday.

Stem cells will be injected into the foetuses to help strengthen bones so frail they may break before birth, the researchers said, and into stricken newborns to compare ...

(MENAFN - AFP) Mining giant Glencore, under pressure from a crash in commodity prices and weighed down by debt, announced Monday it had begun talks to sell copper mines in Australia and Chile.

"The sale process is in response to Glencore receiving a number of unsolicited expressions of interest for these mines from various potential buyers," the firm said in a statement.

It ...

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