Qatar comes to rescue of Germany’s Solarworld

Jun. 18 | German solar panel manufacturer Solarworld on the verge of bankruptcy as the German sector struggles against Asian competition/AFP BERLIN, June 18 – German solar panel manufacturer Solarworld announced Tuesday a capital injection by Qatar, a move...

Boeing in comeback with launch of new Dreamliner

Jun. 18 | A British Airways Airbus A380 flies over a Qatar Airways 787 Dreamliner at the Paris Air Show on June 17, 2013/AFP LE BOURGET, June 18 – Boeing launched the biggest version of its Dreamliner plane at the Paris Air Show Tuesday with over 100 orders...

Huawei to offer smartphone for high-end market

Jun. 18 | Chinese telecoms giant Huawei will launch a new smartphone to better compete with high-end rivals like Apple and Samsung overseas/AFP SHANGHAI, June 18 – Chinese telecoms giant Huawei will launch a new smartphone on Tuesday to better compete with...

EasyJet to buy 135 Airbus A320 planes

Jun. 18 | An easyJet Airbus A319 on its way to take off on May 12, 2013 in Toulouse, France/AFP LONDON, June 18 – British no-frills airline easyJet on Tuesday announced a deal to purchase 135 Airbus single-aisle A320 passenger planes, including 100 new generation...

EU and US launch talks on vast free trade deal

Jun. 17 | European Commission President Jose Manuel Barroso (R) is greeted by officials at Belfast airport on June 17, 2013/AFP ENNISKILLEN, June 17 – The European Union and the United States on Monday launched long-awaited formal negotiations on a vast trade...

Etihad says considering stake in Serbia’s JAT Airways

Jun. 17 | Etihad Airways has signed an initial memorandum of understanding with Belgrade’s loss-making JAT Airways/AFP DUBAI, June 17 – Abu Dhabi-based Etihad Airways said on Monday it has signed an initial memorandum of understanding with Serbia to...

Chevron signs Iraq Kurd oil deal

Jun. 17 | A worker is seen at the Tawke oil refinery in the autonomous Iraqi region of Kurdistan on May 31, 2009/AFP BAGHDAD, June 17 – US energy giant Chevron has signed another oil exploration deal in Iraq’s autonomous Kurdistan region, it said on...

Group opens up offshore bank account database online

Jun. 15 | The group said it was doing so in the name of public interest/FILEWASHINGTON, Jun 15 – A massive database of private offshore banking entities that could be used for tax evasion was posted online for public use Friday by the muckraking group that...

Airbus next-generation A350 readies for debut test

Jun. 14 | Airbus’s next-generation A350 plane/AFP TOULOUSE, June 14- Airbus’s next-generation A350 plane takes off on its first test flight Friday, with its backers predicting hundreds of orders at next week’s Paris Air Show as the European company...

Volkswagen, Audi recall 32,000 cars in Australia

Jun. 12 | German auto giant Volkswagen (VW) on Wednesday recalled nearly 26,000 vehicles in Australia and Audi followed suit with 6,000 cars due to a gearbox problem that could cause a loss of power while driving/AFP SYDNEY, June 2013 – German auto giant...