Iraq's Baiji Refinery repairs to take at least a year

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.


Newmont signs MoU with Indonesia government, to resume copper exports next week

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 to recall 55,000 vehicles over gasoline engine starter motor glitch

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.

Spirits companies encounter more competition in U.S. vodka market

The leading vodka brands in the United States are losing their buzz as craft distillers and other alcoholic drinks infringe on their turf.


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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.
European Union antitrust regulators fined Philips, Samsung Electronics and Infineon Technologies a total of 138 million euros ($181.28 million) on Wednesday for fixing prices of chips used in mobile SIM cards.
Applications for U.S. home mortgages rose last week as interest rates declined, an industry group said on Wednesday.
Home Depot Inc said on Tuesday it was working with law enforcement to investigate "some unusual activity" related to customer data but that it could not confirm if it had become the latest retailer to be hit by a large-scale security breach.
Baidu Inc launched on Wednesday a service that helps retailers advertise on the smartphones of nearby users as China's dominant search engine company expands its location-based technology to drive growth.
Google Inc said a research team led by physicist John Martinis from the University of California Santa Barbara will join the company to start a project to build new quantum information processors based on superconducting electronics.
JPMorgan Chase & Co (JPM.N) is in talks to sell its oil-supply agreement with a major Philadelphia refinery to Bank of America Corp (BAC.N), the Wall Street Journal reported Tuesday, citing people familiar with the matter.