Russia's energy major Gazprom showed record financial results for the second year running in 2011. The company beat not only other energy companies, but became the only company in the world with a net profit topping $40 billion.

­"Gazprom has showed record financial results for 2011”, Gazprom’s CEO Aleksey Miller told the company’s annual general me...

Google's new media device the Nexus Q is making headlines not just because of its technology, but due to the one noteworthy feature: unlike most of today’s hi-tech products, it is being manufactured in the United States.

­The Google team decided to build the device in the US as an experiment in American manufacturing which has been in decline for ...

Spain's Prime Minister Mariano Rajoy arrives to attend a European Union leaders summit in Brussels June 29, 2012 (Reuters/Francois Lenoir)

European leaders have agreed measures to bring down high borrowing costs in Spain and Italy and eventually recapitalize the region's banks. The news supported the euro and pushed up the region’s markets.

After 14...

Vietnam's shelf exploration (Photo from gazprom.ru)

Gazprom’s projects in the resource rich South China Sea have come under question after the Chinese oil Company CNOOC offered foreign companies licenses on the Vietnamese shelf already granted to Russia’s energy giant.

­Since 2007 Gazprom has been developing four blocks in Vietnam as part of a ...

Solar panels are pictured in the Nevada Desert (Reuters/Jason Reed)

American solar panel maker Abound Solar, which received a $400 million loan from the US Government, announced it’s going to file for bankruptcy following declining demand in Europe and the US and intense competition from Chinese manufacturers.

­Abound said it would suspend all ...