Fake-branded bars slip dirty gold into world markets

LONDON, Aug 28 (Reuters): A forgery crisis is quietly roiling the world's gold industry.Gold bars fraudulently stamped with the logos of major refineries are being inserted into the global market to launder smuggled or illegal gold, refining and banking executives tell Reuters. The fakes are hard to detect, making them...

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Ryanair pilots in Spain plan September strike

MADRID, Aug 28 (AFP): Ryanair pilots in Spain said Wednesday they planned to go on strike for five days in September to protest the planned closure of four bases that threatens 512 jobs.The work stoppage will come on top of a 10-day September strike called by cabin crew at the...

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BP to exit Alaska in $5.6b deal

WASHINGTON, Aug 28 (AFP): British oil giant BP said Tuesday it will sell all of its Alaska operations for $5.6 billion, exiting the state after 60 years to help meet divestment goals.The local firm Hilcorp Alaska will acquire the BP assets, including operations in the mammoth Prudhoe Bay oilfield, BP...

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Mexico strikes deal with gas companies in pipeline row

MEXICO CITY, Aug 28 (AFP): Mexico's president said Tuesday his government has reached a deal with gas pipeline operators to settle a dispute over contracts signed under his predecessor, defusing a row that had spooked investors.President Andres Manuel Lopez Obrador said the deal, reached with four companies based in the...

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