Commercial

Russia starts first-ever gas trading in St. Petersburg
Russia, the world's second-largest producer of natural gas, has launched its first auction of natural gas on Friday at the St. Petersburg International Mercantile Exchange (SPIMEX). It will be Europe's largest natural gas trading post. The project is intended to create a more competitive market for natural gas prices, which at present are more-or-less tied to oil. Now, independent producers wil [...]
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Global Frackdown day: World unites to protect environment & health
Marching across the world to inspire actions on the ecological crisis, thousands of anti-fracking activists in over a dozen countries united against what they call dirty energy technology, which contaminates groundwater and causes health problems. Over 250 events across all continents are taking place as part of the Global Frackdown day, organized to target fracking, a technique used to extract [...]
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Ebola scare: LaGuardia on strike, 58% of Americans want to ban flights from W. Africa
Airplane cabin cleaning crews at New York's LaGuardia International Airport began a 24-hour strike on Wednesday, citing, in part, possible exposure to the Ebola virus. Meanwhile, a poll found most Americans want flights banned from Ebola-ravaged areas. Around 200 Air Serv employees who work on domestic flights to LaGuardia began their strike on Wednesday evening. [...]
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California aquifers contaminated with billions of gallons of fracking wastewater
Industry illegally injected about 3 billion gallons of fracking wastewater into central California drinking-water and farm-irrigation aquifers, the state found after the US Environmental Protection Agency ordered a review of possible contamination. According to documents obtained by the Center for Biological Diversity, the California State Water Resources Board found that at least nine of the 1 [...]
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Time running out for Ukraine to stockpile gas for winter – Gazprom CEO
Winter is around the corner, and Kiev will not have enough time to fill its underground storage facilities with the 18-20 billion cubic meters of gas needed to survive the winter, and ensure EU supplies, warns Gazprom CEO Aleksey Miller. Every year before winter, Ukraine stores up gas in its underground storage facilities in preparation to distribute it to homes and buildings when the cold weat [...]
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Powerhouse Germany gets own spoonful of austerity
German industry is feeling the most pressure since the peak of the global financial crisis in 2009, putting Berlin in a difficult position as it preaches tough austerity to its neighbors. Russian sanctions are only exacerbating the economic misery. Industry orders tumbled 5.7 percent in August from July, the fastest since January 2009 when they dropped 7.7 percent, the Germany Economy Ministry [...]
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Twitter Sues U.S. Government Over First Amendment Rights To Release National Security Request Numbers
Twitter has filed a lawsuit against the U.S. government, so it can release more information about national security requests. The company wants to publish its full transparency report. It alleges that its First Amendment rights to free speech are being violated by rules that prevent it from disclosing the quantity of national security requests it receives. Twitter can publish the number of nati [...]
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Hairgate strikes as Apple’s iPhone 6 starts plucking beards
Just as Apple’s embarrassing bendgate issues were receding from the headlines, a newer – and more painful – problem has emerged regarding its new set of iPhone 6 smartphones: they’re pulling out people’s hair. No, that’s not a bad metaphor for some frustrating or broken features. Multiple iPhone 6 and iPhone 6 Plus users have complained online that their hair is getting caught in th [...]
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Billion-dollar lawsuits claim GMO corn ‘destroyed’ US exports to China
Three class-action lawsuits filed Friday claim that agribusiness power Syngenta is to blame for depressed corn exports to China since the seed company released a genetically-engineered variant of the crop before it was approved by Beijing. At issue is Syngenta’s 2009 release and distribution of its MIR162 genetically-modified corn known as Agrisure Viptera, which is engineered to fend off cer [...]
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Armenia chooses Russian trade deal over EU
Armenia has decided to hang its hat with its former Soviet ally Russia instead of joining a European free-trade agreement, President Serzh Sarksyan announced after meeting with Vladimir Putin. Armenia said it would join Russia in the Customs Union, as well as engage in the Eurasian integration process instead of negotiating a free trade agreement with the EU. [...]
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Gazprom accuses Poland, Hungary, Slovakia of rerouting Russian gas to Ukraine
Poland, Hungary, and Slovakia have together re-exported 1.7 billion cubic meters of Russian gas to Ukraine, Gazprom, Russia's biggest gas exporter said Friday, questioning the legality of the practice. “There is every reason to believe that Russian gas is being delivered to Ukraine that isn’t intended for them, but for other European customers. [...]
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Monsanto GMO wheat contamination discovered in Montana
Monsanto’s experimental genetically modified wheat has been discovered growing in the second US field in Montana, about a year after the discovery of the company’s unapproved crop growing in Oregon disrupted US wheat exports. The plants were discovered at a test site at Montana State University, where back in 2000-2003 Monsanto was conducting field trials of its wheat, genetically modified [...]
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Finland to continue with Rosatom nuclear project, despite sanctions – Prime Minister
Finland will not drop its plans to construct a nuclear power plant with Russia’s Rosatom. The project “will not shake Finland’s reputation” and “shouldn’t be mixed with politics,” Prime Minister Alexander Strubb told Radio Suomi. There are no differences in the Finnish government over the matter, the premier said. [...]
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McDonald’s suffers worst monthly decline in more than a decade
The American fast-food giant witnessed a sharp decline in global profits in August, hit by the closure of its restaurants across Russia and a "rotten meat" scandal in China. McDonald’s earnings slid with stores open at least 13 months taking a worse-than-expected hit in August, falling 3.7 percent, the Oak Brook, Illinois-based hamburger chain said in astatementon Wednesday. This is the bigge [...]
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Covert US-EU trade deal could make NHS privatization irreversible – trade unions
A group of high-profile trade unions have backed a growing campaign opposed to a new transatlantic trade deal critics claim will make the privatization of Britain's National Health Service (NHS) irreversible. Three of the UK’s largest unions have tendered motions to the Trade Union Congress (TUC) in Liverpool, outlining their opposition to the cross-border agreement currently being negotiated [...]
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Coming soon: 3D printable solar panels capable of powering… anything
Printable solar panels are going to be available to us very soon and could power "entire skyscrapers," Australian researchers say. The very near future will see personal electronic charging transformed, but the potential is growing quickly. A team of 50 scientists in various fields worked for years to develop paper-thin, printable solar panels as part of the Victorian Organic Solar Cell Consort [...]
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Internet Slowdown Day: Leading web companies fight for ‘net neutrality’
Reddit, Netflix, Foursquare, Mozilla, Vimeo, and Wordpress are backing the ‘Internet Slowdown’ protest against proposed US regulations that would segregate internet surfing speeds and kill “net neutrality.” The September 10 protest features a revolving icon – symbolizing slow connectivity – illustrating how losing net neutrality would harm websites and other online services. [...]
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Rosneft may get $40bn “get out of debt free” check from Kremlin
Russian Prime Minister Dmitry Medvedev has said the state-owned oil giant Rosneft could receive more than $40 billion in financial aid from the Russian government. The country’s largest crude producer may receive up to $40.6 billion (1.5 trillion rubles) in assistance from Russia’s National Welfare Fund. [...]
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Argentina to get $1bn in currency swap with China before end of 2014
Argentina will receive the first tranche of yuan worth up to $1 billion in a massive currency swap with China before the end of this year. The deal will boost the troubled economy's foreign reserves. It comes as part of a loan worth $11 billion signed in July by Argentina's President Cristina Fernandez de Kirchner and Chinese counterpart Xi Jinping during hisLatin America tour- shortly before t [...]
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