Kurdistan Regional Government's (KRG) Natural Resources Minister Ashti Hawrami on Thursday said it would take more than a year to repair the Baiji Refinery after it was damaged in a series of attacks by Islamic State militants since June.
Sectors
Apple, Google appeal rejection of $325 million hiring settlement
Four technology companies including Apple and Google blasted a U.S. judge for rejecting a proposed $324.5 million settlement over hiring practices in Silicon Valley and asked an appeals court to intervene, according to a court filing.
Canadian miners scrap over gold discovery after mega deal
On one side, the founder of top miner Goldcorp Inc (G.TO), his young apprentice, an aggressive securities lawyer, and a tiny company based in a Quebec mining town. On the other, the chief executives of two leading Canadian gold miners, fresh off one of the biggest deals of their careers.
Bitcoin promoter pleads guilty to unlicensed use of currency
A man who helped to promote bitcoin wants to remain in the business despite pleading guilty Thursday to indirectly helping send more than $1 million in the digital currency to users of the illicit online marketplace Silk Road, his lawyer said.
Microsoft, publishers try to stop 'catastrophic' Google EU deal
Google's (GOOGL.O) antitrust deal with EU regulators was criticized by Microsoft (MSFT.O) and other competitors in a last-ditch attempt to influence European Competition Commissioner Joaquin Almunia before he leaves office at the end of October.
Latest News
Newmont Mining Corp has signed a deal with the Indonesian government that will allow for the resumption of copper concentrate exports next week, the head of the firm's local unit said on Thursday, ending an eight-month tax dispute.
Nissan Motor Co (7201.T) is recalling 55,000 vehicles in Japan over a glitch in the gasoline engine starter motor, the company said on Thursday.
The leading vodka brands in the United States are losing their buzz as craft distillers and other alcoholic drinks infringe on their turf.
Samsung Electronics Co Ltd, the world's biggest mobile phone maker, unveiled new versions of its Galaxy Note smartphone on Wednesday after previous design miscues cost it customers in the large-screen phone market it pioneered.
U.S. August auto sales were the highest for that month in more than a decade, thanks in part to heavy discounting by the manufacturers and a strong Labor Day weekend close, with the industry selling at an annualized pace not seen since early 2006.
New orders for U.S. factory goods posted a record gain in July and auto sales last month accelerated to their highest level in 8-1/2 years, offering further bullish signals for the economy.
Former New York Mayor Michael Bloomberg will return as head of Bloomberg LP, the data and financial news company he founded, replacing Daniel Doctoroff who has decided to step aside, the company said on Wednesday.
Some of the best-known technology investors are looking beyond their tried-and-true Internet plays to bet on healthcare data as the next growth market.
Premium car maker Audi expects to sell more than 1.7 million cars in 2014 even as sales momentum in some emerging markets slows, Chief Executive Rupert Stadler said.
