Analysis: China power sector to boom as oil sector goes slower

Ed Stoddard / REUTERS

Vestas China orders hit high in 2010

Danish wind turbine maker Vestas said its orders from China this year reached a record high as the country invests more heavily in clean energy, including wind power.

Huntington Ingalls profit misses estimate

Huntington Ingalls Industries (HII.N), the shipbuilder that was recently spun off from defense contractor Northrop Grumman Corp (NOC.

Analysis: "Widowmaker" oil trade lives up to its name

Big oil traders who bet on a rise in gasoline prices relative to heating oil ahead of the summer driving season may have thought they broke the curse of a "widowmaker" trade even as oil prices crashed.

Woodside announce new CEO

Woodside Petroleum Limited, an Australian petroleum exploration and production company announced today through a surprise appointment that Peter Coleman is the new Chief Executive Officer.

UPDATE 1-Timmins Gold's Mexican mine production goes up sequentially

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Dubai

A security guard walks past a shipment of copper in a file photo.

Dubai firm plans $500 mln copper smelter in Tanzania

10:13 AM ET

Dubai-based City Energy & Infrastructure LLC plans to build a copper smelter and sugar plant in Tanzania over the next three years at a...

Nigeria

Nigeria's FCMB 9-month pre-tax profit up 62 pct

10:21 AM ET

Nigeria's First City Monument Bank said on Monday its pre-tax profit rose by 62 percent to 9.88 billion naira for the nine months to September, from 6.