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Israel Loses Secretive Oil Pipeline Case To Iran, Ordered To Pay $1.1 Billion Plus Interest

The pipeline was a project of the Eilat-Ashkelon Pipeline Company (EAPC), an Israeli-Iranian joint venture set up in 1968
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US Air Force mechanics fix a major issue with a $140 million F-22 for $250

...An F-22, the single most expensive fighter jet in the world, at Tyndall Air Force Base in Florida suffered from an unusual and dangerous problem — compromised stealth.......
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Study: Corruption seen as a great challenge in Europe, Asia

BERLIN (AP) -- One in three people in Europe and Central Asia see corruption as one of the greatest challenges for their countries, but a similar number fear retaliation of they speak out against it, according to a study released Wednesday by an international corruption watchdog....
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UK real estate giants fall into red on Brexit

London (AFP) - Real estate giants British Land and Land Securities sank into the red in the first half of 2016, partly hit by sliding commercial property prices after the shock Brexit vote....
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Oil wars: how Kremlin's $13 billion Indian deal almost fell apart

LONDON/NEW DELHI/MOSCOW (Reuters) - A multi-billion-dollar Russian deal to buy Indian refiner Essar was nearly sunk at the eleventh hour by a rival bid from Saudi Arabia as the two oil superpowers vie for supremacy across the world....
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Russian minister detained over alleged $2 million bribe

MOSCOW (AP) -- A senior Russian Cabinet minister has fallen very suddenly from grace, accused of bribery and abuse of office but seen by many observers to be the victim of a Kremlin power play to ensure that President Vladimir Putin remains the ultimate arbiter in Russia....
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China fires its first warning shot,

warning iPhone sales will suffer if Trump starts a trade war...
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Donald Trump may torpedo European oil giants' return to Iran, says RBC

...With Trump in office, the European energy firms lining up to develop Iran's massive oil and gas reserves face a big risk......
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Big Six energy firms 'making six times more profit'

Energy firms have been accused of making "six times" the profit they admit to publicly , following an investigation into their finances....
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Trump To Usher In New Era For Oil And Gas

The shockwave of the surprise election of Donald Trump is still being felt around the world, with all sectors of the global economy scrambling to figure out the ramifications of his presidency. ...
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