Stay true to the dreams of thy youth

• Exxon Russia Ambitions Show Oil Trumps Obama-Putin Spats - Bloomberg

  "As Barack Obama and Vladimir Putin argue over human rights in Russia and the fate of fugitive U.S. intelligence analyst Edward Snowden, the countries’ biggest oil companies are preparing to drill for giant discoveries together in the Arctic Ocean. Exxon Mobil Corp. (XOM) and OAO Rosneft (ROSN) are set to start their first Arctic well this year, targeting a deposit that may hold more oil than Norway’s North Sea. It will kick off a series of landmark projects and cement an alliance begun in 2011. They also plan to frack shale fields in Siberia, sink a deep-water well in the Black Sea and build a natural-gas export terminal in Russia’s Far East."

  tags: russia unitedstates oil energy gas fracking cooperation politics

• Amazon's Bezos rescued by Ecuadorian Navy: Reports

  "Amazon.com founder and new Washington Post owner Jeff Bezos was flown from the Galápagos by an Ecuadorian navy helicopter after suffering a kidney stone attack on New Year's day, according to a summary of reports from local newspapers. "

  tags: amazon health business ecuador bezos

• George Soros buys stake in Spanish construction group FCC - FT.com

  "George Soros has bought a stake in Spain’s FCC, becoming the second prominent international investor after Microsoft co-founder Bill Gates to bet on the indebted construction company in less than three months. "

  tags: soros investment spain fcc construction recession europe

• Qatar criticises Egypt's crackdown on Islamist protesters - Politics & Economics - ArabianBusiness.com

  "Qatar said on Saturday the decision by Egypt to designate the Muslim Brotherhood a terrorist group was "a prelude to a shoot-to-kill policy" against demonstrators. "

  tags: qatar egypt authoritarianism gcc balanceofpower muslimbrotherhood middleeast revolution arabspring

• Abu Dhabi's ATIC to invest $10bn in US chip plant - Banking & Finance - ArabianBusiness.com

  "Abu Dhabi's Advanced Technology Investment Company (ATIC) plans to invest up to $10 billion over the next two years in GlobalFoundries' New York semiconductor factory, its chief executive has said. "

  tags: atic technology abudhabi uae jobcreation localization

• Saudi gov't acquires 5,800 properties for Makkah mosque - Construction - ArabianBusiness.com

  "The Saudi government has reportedly appropriated 5,800 properties at a cost of SR75bn ($20bn) for the expansion of the Grand Mosque in Makkah. "

  tags: saudi ksa government makkah islam

• China Baotou Rare Earth acquires nine regional miners | Reuters

  "(Reuters) - China's biggest producer of rare earths, the Inner Mongolia Baotou Steel Rare Earth Group (600111.SS), has acquired nine regional mining companies as part of a government masterplan to consolidate the sector. "

  tags: china mining minerals mongolia business commodities

Posted from Diigo. The rest of my favorite links are here.