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Iran unveils ‘Epic’ new drone

Designated as the Hemaseh in Farsi, meaning 'epic' in English, Iran’s latest reconnaissance-combat drone was unveiled on Thursday during a ceremony attended by Defense Minister Ahmad Vahidi. Brightly...

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Rosneft ramped up oil production by 24%

The results reflect Rosneft’s $55 billion acquisition of TNK-BP, which added about 9 million tons of oil to the company’s production output.According to Rosneft president Igor Sechin, Rosneft will...

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American billionaire calls for breakup of Sony

Notorious for in his power play breakups and dismissals at both Yahoo and Google, Daniel Loeb, the chief executive of Third Point, now has his sights set on Sony. Loed allegedly holds a 115 billion...

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E.On Russia to transfer 100% of 2012’s net profit into dividends

The company has recommended a dividend of 0.29 roubles per share for 2012, worth 18.3 billion roubles ($583 million), General Director Maxim Shirokov said on Friday.E.On Russia also plans to pay its...

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Next iPad rumored to be 33% lighter and thinner thanks to new touchscreen tech

Despite rumored supply constraints, Apple's fifth-generation iPad is to purportedly begin trial production in July. This information originates from the latest crop of rumors by Digitimes, citing its...

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350 jobs lost as Ericsson shuts Swedish factory

Swedish telecom giant Ericsson has buckled under the pressure of European competition and will turn off the switch on a cable production plant in Sweden, leaving 350 employees without jobs. … Read More

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Founders Of ‘March Against Monsanto’ Respond To Monsanto’s Allegations Of...

With opposition to biotech giant Monsanto growing daily all across the world, the corporation, in what appears to be a response to the upcoming worldwide “March Against Monsanto” event, has publicly...

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Shell to invest $30bn in Australia, demands better tax regime

Shell announced the plan earlier this month, but has delayed going ahead with the project due to high inflation in the country.During his opening remarks at the Australian Petroleum Production and...

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Worse than fracking? California environmentalists terrified by acid jobs

The state regulator is drawing up rules for hydraulic fracturing, lawmakers are consideration various regulatory bills, environmentalists are protesting drilling in the Monterey oil formation, and...

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Russia’s Renova invests $400 mn in African solar energy

Avelar plans to build its first power station in South Africa this year. It has signed its first $ 500,000 contract with the Dawn Group, which owns a network of logistics facilities. Avelar will be...

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Panasonic to cut 5,000 jobs

The cutbacks will hit its automotive and industrial unit, which accounts for about a third of the company’s workforce, the Nikkei reported Thursday, citing a Panasonic executive. "A reduction in labor...

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Russian oil production increased to 10.48mn barrels per day

Russia out-produced traditional leading supplier Saudi Arabia by 1.15 million barrels per day in May. Oil output made a strong recovery from April, when it experienced a 6.2 percent decline down to...

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Germany: Austerity solidarity or grubby politics?

Lest you don’t spend your waking hours studying industrial production statistics, you may have missed some rather worrying data. According to surveys which tend to pre-empt the overall state of the...

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Syria’s chemical line crossed

||Related‘Syria is in free-fall’, say UN human rights experts 04/06/2013 18:11 CET Major diplomatic push underway over Syria 22/05/2013 02:24 CET Russia plays down significance of Syria arms sales...

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Hundreds of Health Professionals to Obama: Act on ‘Superbugs’ Now

“The huge overuse of these antibiotics on our farms, in meat production, is an important—and unaddressed—contributor to the problem.” … Read More

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European Commission To Ban Heirloom Seeds and Criminalize Plants & Seeds Not...

A new law proposed by the European Commission would make it illegal to "grow, reproduce or trade" any vegetable seeds that have not been "tested, approved and accepted" by a new EU bureaucracy named...

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Airbus Bag2Go smart luggage packs mobile radio, GPS and RFID

Lost luggage could soon be a thing of the past. Well, let me take that back – finding your luggage that the airline lost could soon become much easier if a prototype smart luggage reaches production...

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The cognac is here! Russia receives first delivery of Georgian brandy

The cases passed through Kazbegi Verkhny Lars, the only official land checkpoint between Russia and Georgia, that has remained closed since 2006. Tibisi-based Kakheti Traditional Winemaking sent the...

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UK lobbying EU to allow GM crops despite public skepticism

In the thrust of the speech that has been leaked to the Independent, the Conservative minister is expected to say that Britain risks being “left behind” if it fails to adopt increasingly widespread GM...

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Sign of the Times: Food allergens are omnipresent dangers for millions of...

Warning: The food is not fit to eat. It’s a sign of the times, where restaurants everywhere include disclosures about the presence of food allergens, or brag about items that are gluten free, soy free,...

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