Changes in Russian military service law open possibility of short-term contracts
The Russian Federation's Legislative Commission has approved amendments allowing short-term contracts with military personnel for participation in Russia's international operations to combat terrorism.
BAE signs 10-year contract extension with U.K. Royal Navy
BAE Systems is set to begin work on a 10.5-year contract extension to provide combat system integration services for the British Royal Navy.
Boeing, Qatar Airways strike potential $18.6 billion plane sale
Boeing Corp. announced Qatar Airways will purchase up to $18.6 billion of its wide-body aircraft, among the largest orders in the manufacturer's history.
Nigeria’s economy is so-so, Moody’s says
The ability of Nigerian banks to face economic headwinds from lower energy prices varies though its economy remains attractive, Moody's Investors Service said.
Chinese yuan falls to six-year low against dollar
The value of the Chinese yuan fell to a six-year low against the U.S. dollar in trading Monday.
Nestle recalls Drumstick ice cream for possible Listeria contamination
Nestle USA Inc. announced a voluntary recall of its Drumstick ice cream cones after the products tested positive for Listeria.
Calpine boosts retail base with Noble energy deal
Calpine Corp., the largest U.S. company deriving electricity from natural gas, said it could fill its retail base with non-core assets from Noble Group.
Samsung halts Galaxy Note 7 smartphone production
Samsung Electronics Co. halted production of its Galaxy Note 7 smartphone after reports the phone's replacement batteries can ignite.
Baker Hughes: North America showing recovery
North America recorded a 6 percent increase in exploration and production activity, though figures are still far lower than this time last year, data show.
Verbal stimulus puts oil prices back in rally mode
Crude oil prices erased a pronounced slump in early Monday trading after Russia signaled it would join a production agreement reached last month in Algeria.
Russia could back Algerian oil production arrangement
Russia media reported Monday the country is in line to join an oil production curtailment agreement proposed last month by OPEC members in Algeria.
Mall of America joins list of businesses closing on Thanksgiving
The county's largest mall, Mall of America, announced it will join a growing lost of retailers that will not open for business on Thanksgiving Day.
LTM gets $35 million military engineering support contract
LTM Inc. has been awarded a $35 million contract for engineering support for the U.S. Navy and Marine Corps.
EpiPen maker Mylan to pay $465M to settle claims it overbilled Medicaid
Embattled pharmaceutical company Mylan agreed Friday to pay nearly a half-million dollars to settle claims that it has overbilled Medicaid for its life-saving EpiPen product.