Articles By Prasanth Aby Thomas

File photo of a 787 Dreamliner passenger jet in Manchester

US Regulator Approves Boeing's 787 Battery Redesign Plan

The FAA allows Boeing to test its redesigned lithium ion batteries after thorough review of the changes.

asian markets

Asian Markets Retreat after Recent Rallies

Asian markets trade weak as the yen shows signs of strength and investors consider global economic conditions.

Japan extracts gas from methane hydrates

Japan World First to Extract Gas from Methane Hydrate

Japan's energy explorer claims finding a potential energy source for the country from methane hydrate deposits.

Oil barrels

China Oil Demand Slows but Remains Fourth Highest in February

China's oil demand growth-rate slows in February as the Lunar New Year holidays impacted consumption.

European markets

European Stocks Drop Ahead of Key Economic Data

European markets open cautious following weak Asian performance as investors await some key economic indicators.

A construction site for new apartments is seen in central Sydney

Australian Business Confidence Edges Down in February - Survey

Australian firms remain less confident due to currency strength and weakness outside mining sector.

asian markets

Asian Markets Mixed, Nikkei Posts Fresh Multi-Year High

Japanese stocks continue to remain upbeat as the yen drops to record lows against the dollar.

Employees spray water to cool down oil tanks at a PetroChina oil storage facility in Suijing, Sichuan Province, China

PetroChina to Expand Presence in Australia with Deals worth $3.7bn

PetroChina and other Chinese energy companies are looking to secure themselves for the longer term.

European markets

European Stocks Fall on Italy Credit Downgrade

Markets open lower as investors consider Fitch's decision to downgrade Italy citing political concerns.

China overhauls ministries to decrease state control

China Splits Rail Ministry and Overhauls Key Government Agencies to Curb Corruption

China undertakes major revamp in government bodies in charge of energy, rail and food safety to curb corruption.