Energy Update
Sasol has obtained approval from the Mozambique Council of Ministers for its field development plan (FDP) that will see further hydrocarbon resources developed to support Southern Africa growth.
PARIS, Jan 31 (Reuters) - French pipe maker Vallourec is preparing a capital increase potentially worth up to 1 billion euros ($1.1 billion), backed by the French state and Japan's Nippon Steel & Sumitomo Metal Corp, business daily Les Echos said.
BAGHDAD, Jan 31 (Reuters) - A delegation from Iraq's cash-strapped Kurdistan region agreed on Sunday with the government in Baghdad to cooperate on reforms aimed at dealing with an acute economic crisis afflicting them both.
ERBIL, Iraq, Jan 31 (Reuters) - A senior delegation from Iraq's Kurdish north held talks in Baghdad with the government on Sunday, a spokesman said, after weeks of warnings from officials in the autonomous region that it faced an economic collapse.
BANGKOK, Jan 29 (Reuters) - It took just 30 minutes for Leicester City's Thai billionaire owner to decide to buy the English soccer club in 2010.
Jan 30 (Reuters) - Berkshire Hathaway Inc, the conglomerate run by Warren Buffett, has resumed its purchases of Phillips 66 stock, and spent roughly $832 million in January to boost its stake even as the oil refiner's profit margins narrowed.
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