Commercial

Norwegian Accolade to Aeroflot: From ‘Soviet Junk’ to Aviation Star
A few decades ago, Russia's Aeroflot was notoriously considered to be among the world's worst airlines. Now it ranks among the world's best. The Norwegian newspaper Aftenposten took a closer glance at the miraculous transformation. Today, Aeroflot's fleet consists mainly of new and modern Boeing and Airbus aircrafts, the average age being just 4.5 years. [...]
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Even the British govt’s own TTIP assessment says US-EU deal has ‘lots of risks and no benefit’
The British government’s sole assessment of the shadowy Transatlantic Trade and Investment Partnership (TTIP) deal indicates there are “lots of risks and no benefit,” according to documents seen by Global Justice Now. [...]
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BMW widens luxury lead over Mercedes, Lexus
DETROIT -- BMW topped Mercedes-Benz in U.S. luxury sales during November and widened its lead over its German rival for the year. Sales at BMW AG’s namesake brand in November rose 3.2 percent to 32,003, as deliveries of the X3 sport utility vehicle more than doubled. For the year, BMW's U.S. sales grew 4.4 percent to 311,398 vehicles. [...]
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Russia & Iran negotiate canal from Caspian Sea to Persian Gulf
Moscow and Tehran are holding talks on digging a ship canal from the Caspian Sea to the Persian Gulf, said Iranian Ambassador to Russia Mehdi Sanai, speaking to students in St. Petersburg. Any canal linking the two has to go through Iran. "Yes, this issue is being discussed", said the ambassador on Thursday without specifying details, quoted by TASS. [...]
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“No Safe Pipelines”: TransCanada Admits Keystone Spill Bigger than First Claimed
The oil spill that shut down a portion of the Keystone 1 pipeline in South Dakota last weekend is much bigger than initially estimated, TransCanada admitted on Thursday—almost 100 times bigger, in fact.The fossil fuel company said the "potential volume" of the spill in Freeman, discovered by a passerby on Saturday, was about 18,600 gallons, or 400 barrels. [...]
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First to Fall? Panama Papers Bring Down Iceland PM, Portending Future Fallout
In the first instance of a prominent politician taken down by the 11.5 million documents leaked in the Panama Papers, Iceland Prime Minister Sigmundur Davíð Gunnlaugsson resigned on Tuesday after fully 10 percent of Iceland's population rallied in protest of his wife's secret, offshore shell company holding millions. [...]
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HSBC, Coutts & Rothschild: British banks help the 1% evade tax, #PanamaPapers suggest
Big British banks have allegedly been helping the rich and powerful ferret away their wealth beyond the taxman’s reach for decades, according to explosive revelations in the Panama Papers. Some of the world’s biggest banks were implicated in the largest data leak in history on Monday, including Britain’s HSBC, Coutts, and Rothschild, and Swiss banks UBS and Credit Suisse. [...]
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‘Biggest bribery scandal’: US, UK, Australia launch probe into mass oil industry corruption
An investigation into a massive global oil bribery scandal has been launched by authorities in the US, Britain, and Australia, after leaked confidential files indicated that some of the world’s most powerful corporations were part of the racket. [...]
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Snowden Warns World Against Trusting Privacy to Tech Giants Like Microsoft
The whistle blower who exposed the totality of the America’s mass domestic surveillance program suggested that users should look to free and open source software to preserve their privacy. On Saturday, NSA whistle blower spoke to the Free Software Foundation’s LibrePlanet2016 conference [...]
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Germany wants its gold back
The Bundesbank has announced plans to repatriate some of Germany’s gold reserves from abroad. At least half of the country’s gold would be transferred to Frankfurt by 2020, according to Bundesbank President Jens Weidmann. Weidmann says 366 tons of gold worth €11.5 billion have been delivered to Frankfurt so far. "There are now about 1,400 tons or 41.5 percent of our gold reserves here," t [...]
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‘This is What Consumers Want’: General Mills to Start Labeling GMOs
Environmental and consumer advocacy groups hailed decision by food manufacturer and called on Congress to follow suit. General Mills will start labeling genetically modified organisms (GMOs) in all its food products, thanks to Vermont's impending GMO law and the failure of the 'voluntary labeling' law in U.S. Congress this week. [...]
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Russia’s New Nuclear Engine to Enable Spacecrafts to Reach Mars in 45 Days
A nuclear engine currently being developed in Russia by the nuclear agency Rosatom and the Russian Federal Space Agency (Roscosmos) will allow a spaceship to reach Mars in an unprecedentedly short period of just 1.5 months, Rosatom’s General Director Sergei Kirienko said Wednesday. [...]
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No need for a perfect match: New method allows kidney transplants from ‘any’ donor
Patients in need of a kidney transplant have up to now been required to find a nearly-perfect match as the immune system tends to reject most transplanted organs. However, a recent study suggests that with a new approach transplants can come from any donor. The study showed that patients whose immune system was technically incompatible with the kidney transplant they received were more likely t [...]
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Tongue in Cheek: Mercedes Sends Centenary Greetings to Rival BMW
Mercedes-Benz has congratulated BMW on their centenary with a friendly advertisement and a less benevolent hint. BMW received a “Happy 100th birthday!” message from its long-time domestic rival Mercedes-Benz in a cool little video posted on Facebook. /* */ The video’s opening showed the signature BMW grille, but in the next five seconds it became clear how [...]
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Assembly of Russia’s Soyuz Rocket With Earth-Sensing Satellite Completed
The assembly of Russia’s Soyuz-2.1b carrier rocket carrying an advanced Resurs-P Earth remote sensing satellite has been completed, Russian Roscosmos state corporation said in a statement on Wednesday. The rocket is expected to lift off on Saturday at 18:56 GMT. [...]
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US Makes Unexpected Move in VW Emissions Inquiry
US authorities are expanding their investigation against German Volkswagen AG over emissions, media reported. The US Department of Justice is planning to apply the Financial Institutions Reform, Recovery and Enforcement Act, FIRREA, which has been repeatedly used against banks after 2008 [...]
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Antares rocket producer orders 8 more Russian engines
Orbital Sciences Corporation, the US maker of the Antares rocket, has ordered eight additional RD-181 engines under an option of the 2014 contract with Energomash, the Russian company announced. Antares was initially designed to use AJ26 engines in its first stage, which are refurbished Soviet NK-33 engines [...]
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Russia grappling with new economic realities
As the world's media attention is currently fixed on the conflict in Syria, and to a lesser extent Ukraine, there has been an ongoing economic conflict occurring against Russia. Economic sanctions against Russia have turned out to be a double edged sword, hurting European exporters and manufacturers as much as Russian importers and consumers. [...]
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Pentagon, Google Join Forces to Advance US Military Hegemonic Capacity
Former Google CEO Eric Schmidt to lead Pentagon’s Innovation Advisory Board. On Wednesday, the Defense Department announced that former Google CEO Eric Schmidt will head the Pentagon’s new Innovation Advisory Board. Consisting of 12 executives, the board will be handpicked by Schmidt [...]
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