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UK is selling Royal Mail for $4.7 billion
Royal MailFriday September 13, 2013 10:39AM ET
The U.K. government started the privatization of a majority of Royal Mail Group, which could value the postal and parcel delivery services company at up to 3 billion pounds ($4.7 billion).
Venezuela and Trinidad and Tobago together in oil business
Trinidad and TobagoFriday September 13, 2013 8:39AM ET
Venezuela and Trinidad and Tobago said that Venezuela's state oil company PDVSA will work with U.S. company Chevron to develop an offshore natural gas field, one of three that span the Caribbean countries' maritime border.
Ukraine gives Shell green light to enter country
ShellFriday September 13, 2013 6:39AM ET
The Ukrainian government and Royal Dutch Shell have signed an agreement on operating activities regarding a production sharing agreement for hydrocarbons to be extracted on the Yuzivska area.
Medical insurance in China to be more expensive
China farmerFriday September 13, 2013 4:49AM ET
Medical insurance subsidies for rural residents will increase in 2013, China's health authority said. China launched the rural insurance scheme in 2003.
Ukraine proposes to develop law to combat maritime piracy
Sea piratesFriday September 13, 2013 3:00AM ET
Ukraine has developed within the framework of the United Nations a law defining the legal principles of the fight against piracy at national level.
PATA chief to governments: Tourism is not tobacco
MartinThursday September 12, 2013 12:03PM ET
Chief of the Pacific Asia Travel Association (PATA) Martin Craigs said that governments should stop "taxing and harassing" tourism and focus on building a holistic package to promote it.
Ontario sells General Motors shares for $1.1 billion
General MotorsThursday September 12, 2013 10:09AM ET
The federal and Ontario governments have sold a block of 30 million shares in General Motors valued approximately $1.1 billion, a portion of the equity they received when they bailed out the automaker in 2009.


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