4 Korean oil refiners ordered to return price-fixing profits to state coffers
Seoul - Yonhap
Four South Korean oil refineries that had colluded to sell oil to military installations at above-market prices from 1998-2000 have been ordered to cough up 135.5 billion won (US$121.8 million) to state coffers, the state procurement agency said Monday. The ruling by the Seoul High Court comes 13 years after the then-defense ministry\'s acquisition department, now the Defense Acquisition Program Administration (DAPA), filed a compensation suit against the four refineries -- SK Energy Co., GS Caltex Corp., Hyundai Oilbank Corp. and S-Oil Corp. -- to confiscate excessive profits gained through price fixing.
GMT 22:17 2018 Monday ,22 January
Opec output cuts near victoryGMT 22:57 2018 Saturday ,20 January
the literary canary in India's coalmineGMT 07:11 2018 Friday ,19 January
Oil market heads towards 'smooth rebalancing': OPECGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 15:44 2018 Saturday ,13 January
Bahrain to host MERTC 2018GMT 18:24 2018 Friday ,12 January
No need to panic over $70 oil price: UAE Energy MinisterGMT 13:21 2018 Friday ,12 January
Kuwaiti oil price up 93 cents to stand at US$66.09 per barrel
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 20:55 2014 Friday ,12 December
Nobel winner tells US to throw books not bombs at Islamic State
GMT 01:44 2017 Saturday ,07 October
intuitive networks in building smart city visions
GMT 12:49 2013 Tuesday ,17 December
Surviving Shocking Situations
GMT 08:34 2017 Tuesday ,28 February
Netflix 'thrilled' with Oscar win for Syria documentary
GMT 09:53 2017 Tuesday ,16 May
Edouard Philippe becomes France's PM
GMT 11:57 2018 Sunday ,21 January
Attack under way on Kabul luxury hotel: officials
GMT 12:33 2018 Sunday ,21 January
Hot air? Study finds bikram no healthier than other yoga
GMT 11:11 2016 Friday ,15 April
Liverpool-Villarreal, Shakhtar-Sevilla in Europa League semis
GMT 07:49 2017 Friday ,19 May
Mohammed bin Rashid surprises Arab Hope Makers ceremony
GMT 12:21 2017 Wednesday ,29 November
Iraqi army launches its operations in Rawah with building
GMT 12:47 2016 Monday ,18 April
First Air France flight in 8 years lands in Iran
GMT 13:57 2016 Sunday ,18 December
Ronaldo' s hat-trick inspires Real Madrid to win Club World Cup
GMT 17:00 2017 Thursday ,16 November
10,000 Dubai school students complete wellbeing census
GMT 15:37 2017 Friday ,27 January
Trump versus the press
GMT 20:06 2017 Thursday ,23 November
Rights, duties of interns are clearly defined under UAE law
GMT 09:55 2017 Sunday ,27 August
‘Game of Thrones’ travel guide
GMT 15:05 2017 Tuesday ,24 January
Russia could miss 2018 Winter Games: IPC chief
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor