Business News [UP]

With a U.N. report predicting a slowdown in China’s economy dragging on oil prices, a review from the IMF says there may be further economic impacts from aging....Read More

Supply and demand are slowly starting to align on the energy market, BP said, though sector trajectory won’t expand much beyond the current stage....Read More

The start of production of a field containing mostly oil in the Norwegian Sea could come earlier than expected, German energy company Wintershall said....Read More

Bertin Technologies’ standoff chemical threat detector selected for Australian troops....Read More

The U.S. Army has awarded GE Engineering with a contract for up to 2,500 T700 turboshaft engines at a potential total cost of more than $1 billion....Read More

Lockheed Martin was awarded a $332.1 million contract to upgrade the M-TADS systems on the Apache helicopters owned by various foreign governments....Read More

Lockheed Martin has received a $1.377 billion contract for slow-rate production of 140 F-35 Lightning II fighter planes, the Department of Defense announced....Read More

The steady rise in U.S. exploration and production figures, coupled with a slowing Chinese economy, helped drag crude oil prices lower in early Monday trading....Read More

Lockheed Martin Space Systems Co. has been granted a $64.6 million dollar contract for engineering on the Common Compartment Strategic Weapons System....Read More

A national oil company in Kuwait said it was able to post a profit for the fiscal year even against a decline in crude oil prices and stiff competition....Read More