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CNPC to build pipeline in UAE
China National Petroleum Corp (CNPC) has inked a deal to build a $3.29 billion oil pipeline in the United Arab Emirates (UAE), the company's largest overseas construction project so far. CNPC, the country's largest oil and gas producer, signed the a……  
 
ECB Set to Make Bold Rate Cut
The European Central Bank (ECB) is set to make a substantial cut of its benchmark interest rate when its governors gather in Brussels on Thursday for a monthly monetary policy meeting. With the eurozone economy officially declared in a recession and……  
 
Jiangxi to build nuclear plant
Construction of a 60-billion-yuan nuclear power plant in Jiangxi province is expected to begin soon, a move in line with China's policy to boost the domestic demand. Located in Pengze in the Jiujiang city, the project is expected to come on stream i……  
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