World Business News

Abu Dhabi National Energy Co (TAQA) has bought a 53.2 percent operating interest in Iraqi Kurdistan's Atrush oil block for US$600m from General Exploration Partners (GEP) Inc.

AMSTERDAM: Unilever, the maker of Vaseline, Axe deodorants and Dove soaps, among other cosmetic and hygiene products, says it will phase out the use of microplastics by 2015.

TOKYO: Toyota said Wednesday that it expects to sell 9.7 million vehicles globally this year, up 22 per cent from 2011 as Japan's biggest automaker accelerates a recovery after last year's natural disasters.

Oracle Corp agreed to buy Eloqua Inc, a maker of web-based marketing automation software that listed in August, for about $810 million as it seeks to expand its cloud-computing services.