Cheryl A Vadase

Hungary's state-owned utility company MVM Zrt. has brought a 50% stake in the implementing company for the Hungarian stretch of the South Stream natural gas pipeline from state-owned development bank MFB Zrt., MVM said Friday. Hungary's government initiated the transfer of the stake in Deli Aramlat

Norwegian oil and gas major Statoil ASA (STO) said Friday that following a water leak at its Melkoya liquefied natural gas plant that led to a temporary shutdown on July 10, the plant is now back in production.

Gold futures held to gains on Friday after a positive U.S. jobs report and a string of losses in the previous sessions.

Wall Street raced higher on Friday as traders reacted to a bigger-than-expected increase in U.S. payrolls and scooped up stocks that were beaten down in the last session.

CapitaLand Ltd. (C31.SG, CLLDY) said Friday it has set up a S$5 billion euro medium-term note program to raise funds for refinancing existing debt and to pay for new investments and general corporate purposes.

Poland's telecommunications regulator has proposed cutting the regulated fees that operators charge each other for cellular voice traffic to the level proposed by the European Commission from July 2013, six months later than originally planned.

Cnooc Ltd (CEO), China's largest offshore oil producer, said Friday its wholly owned unit signed an agreement with China United Coalbed Methane Corporation Ltd, or CUCBM, on exploration, development, production and sale of coalbed methane, a type of clean energy source.

Beazer Homes reported a narrowed third-quarter loss and said the housing market is gradually recovering.

Telus Corp. (TU) said earnings and revenue rose in the second quarter, helped by "excellent" wireless results, leading it to bump up its guidance for 2012 revenue, EBITDA and capital spending.

You may plan to live the life of a monastic scholar, safely huddled in the library between stacks of books, but accidents happen.