Saturday 20 September 2014
 
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Kinder Morgan plans $1.5bn US fuel logistics hub

To capitalize on a flood of domestic and Canadian crude into the US Gulf Coast, logistics giant Kinder Morgan Energy Partners is spending more than $1.5 billion in Houston to build the most flexible oil and fuel transport hub in the country.

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BAC to participate in World Routes Forum

Bahrain Airport Company (BAC), the manager and operator of Bahrain International Airport (BIA), will participate in the upcoming 20th World Routes Development Forum and Exhibition taking place in Chicago, US. World Routes, which will be

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Aviation experts to meet at Chicago commercial event

More than 3,000 aviation industry experts will meet in Chicago, US to discuss the future of the world’s air service industry at a top commercial aviation event. The 20th World Route Development Forum will take place from Sep

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Cannot rule out larger ground role in Iraq: US

The most senior US military officer raised the possibility on Tuesday that American troops might need to take on a larger role in Iraq's ground war against Islamic State militants, but the White House stressed they would not deploy on a comb

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Investcorp buys US real estate assets for $250m

Investcorp, an alternative investment manager based in Bahrain, said on Tuesday it had acquired a portfolio of office and industrial property assets in three cities in the US for around $250 million. The purchases, done in separat

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US strikes Islamic State target near Baghdad

The US military struck an Islamic State target southwest of Baghdad, US Central Command said on Monday, in an expansion of the Obama administration's campaign against the militant group that has seized large swaths of Iraq and neighboring Sy

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Allianz plans to sell US consumer business

German insurer Allianz is planning to sell the personal insurance business of its US subsidiary Fireman's Fund as the unit continues to miss its targets, a German newspaper reported. Fireman's Fund's commercial coverag

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Parx Plastics to launch biocompatible products

Netherlands-based Parx Plastics said it will soon launch the ready-to-use Saniconcentrates using the world’s first biocompatible and non-toxic technology across the US and European Union. The product is being created for its

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Lower oil tilts economic, political balance in US favour

The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a backdrop of the worst violence in Iraq this decade, heightened tensions between the West and Russia, and sanctions against Iran.

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US, EU hit Russia with more Ukraine sanctions

The United States and European Union imposed new sanctions against Russia on Friday, tightening financial measures against Moscow over its intervention in Ukraine despite a week-old ceasefire which has brought calm to the embattled east.

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