 | Qatar exported 31%
of world´s LNG in
2011: QNB study THE global energy consumption grew
by 2.5 percent in 2011 to the equivalent
of 247m barrels of oil a day, shows
an analysis of the energy sector by
QNB Group. The share of gas and
non-hydrocarbons in total consumption
was almos...
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| | Judge blocks
Apple in Google
smartphone war |  A US judge on Friday ruled
that Apple Inc cannot pursue
an injunction against
Google´s Motorola Mobility
unit, effectively ending a key
case for the iPhone maker in
the smartphone patent wars.
The ruling came from
Judge Richard Posner in
Chicago federal court. He
dismissed the litigation
between Apple and Motorola
Mobility with prejudice,
meaning it can´t be refiled.
The ruling is a blow for
Apple, which had hoped a
decisive ruling against
Motorola would help it
gain an upper hand in the
smartphone market
against Android.
"Apple is complaining
that Motorola´s phones as
a whole ripped off the
iPhone as a whole," Posner
wrote. "But Motorola´s
desire to sell products that
compete with the iPhone is
a ... | | | Petrobras raises prices after
6yrs to cut refinery losses |  BRAZIL´S state-led oil company
Petrobras said on Friday it
will raise gasoline and diesel
prices for the first time since
2006, a move aimed at ending
refining losses and paying for
the world´s largest corporate
spending plan.
Petrobras will raise the
wholesale price of gasoline by
7.83 percent and diesel by 3.94
percent effective June 25, the
Rio de Janeiro-based company
said in a statement sent to
Brazil´s securities regulator.
Without raising fuel prices,
the company would be unable
to pay for a $237 billion, fiveyear
investment plan, Chief
Executive Maria das Graças
Foster said on June 15.
"The gap between fuel and
crude prices was a financial
drain on Petrobras and was
a headache in the most
recent quarterly financial
... | | | Greece aims to stem layoffs,
extend recovery plan |  GREECE´S new coalition
government will seek to stem
layoffs and extend by two
years the application period
of a tough recovery plan
imposed in return for EUIMF
loans, an official document
said on Saturday.
The policy document
released by the conservativeled
coalition government said
an upcoming effort to "revise"
Greece´s EU-IMF bailout deal
in talks with creditors includes
"the extension of the fiscal
adjustment by at least two
years" to 2016.
The aim would be to meet
fiscal goals "without further
cuts to salaries, pensions and
public investment" and new
taxes, it said, announcing a
freeze on further civil service
layoffs and a boost to unemployment
benefits.
"The aim is to avoid layoffs of
permanent staff, but to... | |
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