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Nokia looks partners to return to cell-phone market
HELSINKI: Nokia is preparing to make a return to the cell-phone market, its chief executive officer, Rajeev Suri, told the...
US envoy calls on Finance Minister
ISLAMABAD: US Ambassador Richard G. Olson met Federal Finance Minister, Mohammad Ishaq Dar here. He was accompanied by Ms Daniela...
Finnish postal service Posti to close most of its outlets
HELSINKI: Antti Kess and Miisa Nissinen are not particularly concerned about the looming closure of their local postal outlet. Expectations...
ECB Hands €74b to Banks as Lending Shows Upturn
HELSINKI: The European Central Bank handed 73.8 billion euros ($84.2 billion) to euro-area banks in the fourth round of a...
Indian’s polished diamond exports fall 10% to $3.37b
NEW DELHI: Indian's polished diamond exports for two months in the start of the financial year fell 10 per cent...
Over 55% plunge in benchmark crude prices from June 2014 to March 2015
HELSINKI: Plunging oil prices are moving oil companies to cut spending on exploration activity, presenting a major challenge for seismic...
Offshore windfarms set to fly with new standard for their ports
COPENHAGEN: Offshore wind energy is a growing business, providing enormous potential to meet the world’s energy needs. But with their...
Springfield to convert 2 more OBOs to VLCCs in Oman
ATHENS: Onassis-controlled Springfield Shipping is to convert two oil-bulk-ore (OBO) carriers to VLCCs at Oman Drydock Company (ODC), Oman. The...
Drybulk giant Star Bulk offloads ageing capsize 170,162 dwt
ATHENS: Drybulk giant Star Bulk Carriers has sold ageing capesize Star Mega (170,631 dwt, built 1994) to an unnamed party....
Shreyas Shipping buys small containership from OEL worth of €7m
ATHENS: Shreyas Shipping & Logistics has signed a memorandum of understanding to acquire a sub-panamax containership from UAE-based Orient Express...
Elephant DNA helps to stops illegal ivory shipment
NEW YORK: A new study shows that scientists can now match DNA from elephant dung to DNA extracted from ivory...
Raw images from Cassini’s encounter are flowing back to Earth
NEW YORK: Saturn’s moon Dione received a fleeting visitor this week, when NASA’s Cassini spacecraft whizzed by to image freaky...
Fred Cheng’s Shinyo International buys 5 VLCCs worth of €326m
ATHENS: Fred Cheng’s Shinyo International has bought five VLCCs for a combined $326m, brokers told Splash today. All the deals...
Jupiter & Venus steadily come together in June
LONDON: There will be a spectacular show in the night sky when Jupiter and Venus “collide” this month. Jupiter and...
Saharan silver ants use their shiny hair to reflect sun rays, study
LONDON: A recent experiment carried out through the collaboration between the University of Zurich and the University of Washington explains...
Researchers develop inkless printer that uses Holes to create tiny text, images
TOKYO: In 1985, the famed physicist Richard Feynman offered an award of $1,000 for the first person or team...
Comet Lander Philae again updated its status after waking
LONDON: Out of the shadows and into the sunlight, the sleepy-headed little comet lander Philae has again updated its status...
S.Korea provide preferential loans worth US$12b
SEOUL: Prime Minister Nguyen Tan Dung yesterday asked concerned officials to discuss specifics on how best to use the US$12...
Japan plans to restart whale hunting in Antarctic this year
TOKYO: Japan says it plans to resume whale hunts in the Antarctic later in 2015 even though the International Whaling...
Japan’s All Nippon Airways develop US service with Houston
TOKYO: Japan's All Nippon Airways, with new nonstop flights between Tokyo and Houston, now serves 10 North American cities. All...
