Materials

Materials

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  Russian oligarchs foot most of 2014 Sochi Olympics

  The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of ... 

• US says Pakistan curbing explosive fertilizers

  Pakistan has taken a number of steps to prevent fertilizers made within its borders for agriculture from being used as explosives in roadside bombs ... 

• Steelmaker ThyssenKrupp to cut 3,000 office jobs

  Steel and elevator maker ThyssenKrupp says it will cut 3,000 of its 15,000 office jobs over the next three years to streamline the company's ... 

• Higher prices for MS drug help drug firm Merck

  Higher prices for its multiple sclerosis drug Rebif helped German pharmaceutical and high-tech materials company Merck KGaA post a 54 percent rise in ... 

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  Nikkei up after Japan gets nod from G7 on stimulus

  Japan's stock market jumped Monday to its highest close in more than five years after global finance leaders gave a seal of approval to the country's ... 

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  Nations agree to new chemical ban, export controls

  A summit on chemicals and hazardous wastes ended Friday with an agreement to globally phase out a widely used flame retardant and to accept stricter ... 

• News Summary: Ferguson key in Man U's business

  OFF-FIELD CONCERNS: The announcement Wednesday that Manchester United manager Sir Alex Ferguson will retire has raised concerns not only over the ... 

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  China and India's rivalry extends to the Arctic

  While the recent troop standoff in a remote Himalayan desert spotlights a long-running border dispute between China and India, the two emerging giants ... 

• Officers in Congo benefitting from mineral trade

  Armed groups and high-ranking officers in the Congolese and Burundian armies are continuing to benefit from the illegal mineral trade in eastern ... 

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  In CAR, diamonds are a rebel's best friend

  Armed with rocket-propelled grenades and Kalashnikov rifles, Seleka rebels who ousted Central African Republic's president six weeks ago are ... 

• 430 dead so far in Bangladesh building collapse

  Rescuers found more bodies in the concrete debris of a collapsed garment factory building Thursday and authorities say it may take another five days ... 

• Oil sinks to near $92 on China manufacturing data

  The price of oil dropped to near $92 a barrel on Wednesday after data showed a slowdown in China's manufacturing growth and a rise in U.S. 

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  Surviving hell in a Bangladesh factory collapse

  Merina was so tired. It had been three days since the garment factory where she worked had collapsed around her, three days since she'd moved more ... 

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  UN chemicals summit expected to adopt new controls

  At the start of a major conference to regulate chemical and hazardous waste safety, top officials voiced optimism Saturday that delegates will approve ... 

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  Baby food shortage in Europe due to China demand

  Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to ... 

• BASF sales up on farm chemical demand

  Chemicals and oil company BASF SE said Friday its net profit fell 15 percent in the first quarter from a year ago, when one-time gains from the sale ... 

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  Russian opposition trials test legal integrity

  While one Russian court imposed heavy fines on the country's only independent election-watching group and another heard contentious testimony in the ... 

• Outokumpu cuts 2,500 jobs to save $455 million

  Finnish metals group Outokumpu Oyj says it will slash 2,500 jobs worldwide in the next four years to cut costs by 350 million euros ($455 million) and ... 

• Asia stocks mixed after US durable goods falls

  Asian stocks rose Thursday as mixed U.S. corporate earnings and a slump in orders for U.S. durable goods convinced investors that central banks would ... 

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  Russian protest leader: trial will show innocence

  A prominent Russian opposition leader on trial for embezzlement told the court on Wednesday that he would prove his innocence to the public, if not ... 

• Oil price near $90 on upbeat US company results

  Crude prices rose Wednesday to near $90 a barrel as a string of positive corporate earnings and an improved U.S. housing report pointed to higher oil ... 

• Stora Enso posts Q1 loss amid falling paper demand

  Nordic paper maker Stora Enso said Tuesday it slid to a first-quarter net loss of 16 million euros ($21 million) amid poor demand for its products, ... 

• BASF to cut 500 jobs at chemicals business

  Chemicals and oil company BASF say it is cutting 500 jobs by the end of 2015 at its specialized chemicals business. The company says the division is ... 

• Oil slips below $89 as China manufacturing slows

  The price of oil slipped below $89 a barrel Tuesday after a slowdown in China's manufacturing reinforced concerns over the level of demand in the ...