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Spacecraft launched in test of private space station technology
LOS ANGELES (AP) - An experimental inflatable spacecraft bankrolled by American real estate magnate Robert Bigelow rocketed into orbit Wednesday to test technology that could be used to fulfill his dream of building a commercial space station.
Austria's OMV wants to help develop Iranian gas field
VIENNA, Austria (AP): Austria's OMV energy concern and Iranian officials have signed a memorandum foreseeing OMV's possible participation in developing Iran's Pars gas fields and related projects, OMV said Saturday.
Boeing, Aeroflot sign deal for Russian carrier to acquire Dreamliner jets
Boeing and Aeroflot signed a deal Saturday for the Russian carrier to acquire 22 Dreamliner jets from the American plane maker.
Boeing replaces 787 program boss a week after news of delay
Less than a week after announcing a delay in its new 787 jetliner, Boeing Co. said Tuesday it is replacing Mike Bair, who has led the program for the past three years.
Wall Street up amid financial worries
Wall Street stumbled through another volatile session but ended with a respectable gain Thursday after a multibillion dollar deal between Dow Chemical and rival Rohm and Haas helped offset concerns about the financial sector and energy costs.hr noshade size=1 width=50%>
Oil prices steady in Asia
BANGKOK, Thailand (AP) - Oil held steady Friday in Asia after rebounding more than US$5 in the previous session after another missile launch by Iran stoked worries that escalating political tensions in the Middle East could cut off supplies out of the region.
Oil price to see more stormy days
The price of oil, which has fluctuated wildly over recent weeks on geopolitical and supply-side concerns, is likely to face more upward pressure in the coming weeks as the Atlantic Ocean hurricane season gains steam.
Oil prices fall below $113 as storm threat eases
NEW YORK (AP) - Crude prices settled below $113 a barrel for the first time in over three months Monday as Tropical Storm Fay steered clear of oil-producing infrastructure in the Gulf of Mexico.
Oil holds above US$121 on tension with Russia
SINGAPORE (AP) - Oil prices held above US$121 a barrel Friday in Asia after jumping more than US$5 overnight as investors mulled the likelihood that tension with Russia would further disrupt crude supplies to the West.
Oil prices fall over $6 on stronger dollar
NEW YORK (AP) - Oil prices tumbled more than $6 a barrel Friday _ the biggest one-day percentage plunge in nearly four years _ after a rebounding dollar and a Russian troop pullback in Georgia sparked another frenzied sell-off.
