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PetroChina to pay $2.6 bn for Peru oil and gas assets
PetroChina will pay $2.6 billion to acquire oil and gas interests in Peru, the company said Wednesday, in China's latest move to secure crucial energy supplies. ... more
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Snapchat rejected $3 bn offer from Facebook: report
The mobile messaging service Snapchat recently rejected a $3 billion cash offer from Facebook, The Wall Street Journal reported Wednesday. ... more
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Volkswagen to recall over 207,000 vehicles in China: govt
German auto giant Volkswagen will recall more than 207,000 sport utility vehicles (SUVs) sold in China over a possible defect in the lights, China's quality watchdog said on Wednesday. ... more
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Briton hurt in Iraq oilfield row over 'Shiite insult'
Residents angry over alleged religious insults beat up a Briton working at an energy company camp in southern Iraq, days after another firm suspended operations over secular unrest, officials said Tuesday. ... more
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