News

Arctic rule could inhibit innovation and US energy leadership

Business

Category: Energy

API Upstream and Industry Operations Director Erik Milito issued the following statement on the U.S. oil and natural gas industry’s concerns with the Arctic Rules Package, issued by the Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Management (BOEM). “This is an unfortunate turn by this administration and will continue […]

Source: World Oil

Published: July 8, 2016


More

Kerry: U.S. committed to TTIP, more important due to Brexit

Business

Category: Business and Investment News

The U.S. government is committed to concluding a free trade deal with the European Union (TTIP) this year and believes it is even more essential after Britons voted to leave the bloc, U.S. Secretary of State John Kerry said on Monday. The United States and the European Union have been negotiating the Transatlantic Trade and […]

Source: Reuters/ Yahoo


More

Chinese group pays $600m for Norway’s Opera browser

Business

Category: Business and Investment News

A Chinese consortium has bought the Opera internet browser for $600 million (€543 million), its Norwegian developer said Monday, after a public share offer for the company failed. The consortium led by Golden Brick Silk Road will purchase the mobile and desktop versions of the internet browser, plus performance and privacy apps and a stake […]

Source: The Local


More

Chinese $1.2 billion takeover of Norway’s Opera fails, but alternative deal set

Business

Category: Business and Investment News

A $1.24 billion agreed takeover of Norwegian online browser and advertising company Opera Software by a Chinese consortium of internet firms has failed, Opera said on Monday, after warning last week the deal had yet to win regulatory approval. As an alternative, the consortium, which includes search and security business Qihoo 360 Technology Co and […]

Source: Reuters


More

In privacy victory: Microsoft wins appeal over foreign data warrant

Business

Category: Business and Investment News

Microsoft has won an appeal over a US search warrant that aimed to force the company to turn over data it stored overseas. The Second Circuit Court of Appeals in New York reversed the decision in a 63-page decision on Thursday. The case centered on a uniquely-different warrant that was issued by US prosecutors in […]

Source: Zdnet


More

Archive