A study by UK-based Energy Company; British Petroleum Global reveals that U.S. will become 99 percent energy self-sufficient by 2030.

The Export-Import Bank of the U.S. has sanctioned a $155.4 million direct loan to the Republic of Ghana to finance the design and construction of a hospital in Accra, Ghana.

Leading researchers from academia will soon be part of a $120 million Department of Energy initiative to help develop solutions for producing more ‘rare earth materials’ in the country for lesser dependence on foreign sources.

Mercedes-Benz expects to lose its lead in the U.S. luxury market to German rival BMW, which is expected to be aggressive in its incentive strategy this month.

Japanese conglomerates Mitsubishi Heavy Industries and Hitachi Ltd have decided to merge their thermal power businesses to take a vantage position in the domestic fossil-fuel power business.

The general economic buoyancy in South-east Asian countries coupled with steady credit growth has perceptibly increased global investor interest in leading banks operating in the region.

Even as the British Government lays the ground for its upcoming Energy Bill that will principally aim to promote a low-carbon energy economy in the country, Japanese energy and engineering major Hitachi has completed the acquisition of Britain's Horizon nuclear project.

Russia's largest oil company Rosneft is all set to buy a 50% stake in TNK-BP from BP for a total consideration of about 55 billion.

Singapore-based Overseas Union Enterprise (OUE) has made a record $12.7 billion bid for Fraser & Neave, a leading Pan-Asian consumer group with major interests in food & beverage (F&B), property, publishing and printing businesses.

Economic slowdown in China accompanied by new M&A-friendly regulatory norms have encouraged China-focused private equity firm FountainVest Partners to raise a second fund with the primary objective of making fresh acquisitions.