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Gold reaches $1,700 an ounce

With few safe havens left for investors, the price of an ounce of gold has broken $1,700 for the first time ever this week.

China signs economic deals with Afghanistan

China and Afghanistan have signed a range of economic agreements during a visit to Kabul by one of China’s most senior officials Zhou Yongkang.

Centrica and Statoil form partnership

Centrica, the parent company of British Gas, and Norway’s Statoil have signed a strategic agreement for the supply of 50 billion cubic metres (bcm) of gas to the UK.

Caterpillar plans $200 million factory in Georgia

Caterpillar Inc.

Microsoft to acquire social network provider Yammer

Microsoft Corp. and Yammer Inc.

Whitbread to create 10,000 new UK jobs

Hotel and restaurant group Whitbread has announced it will create 10,000 new jobs in the UK over the next three years.

EU call for GM crisis talks

BP continues to divest US assets

Skills shortage in US manufacturing

Despite historic levels of unemployment, American manufacturing companies are struggling to fill as many as 600,000 skilled positions, according to a new survey from Deloitte an

Prosafe wins $58.1 million contract

Rig operator Prosafe has been awarded a contract by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the UK sector of th

Stonegate Agricom: positive pre-feasibility results

Stonegate Agricom Ltd.

Sumitomo to partner Duke Energy in Kansas wind farms

Sumitomo Corp. of America (SCOA) is to become a 50-50 equity partner in two large-scale wind farms Duke Energy Renewables is building in Kansas.

UK to announce £350 million submarine upgrade

The UK government is set to announce a £350 million contract to refit one of its nuclear submarines in a move that will secure 2,000 jobs.