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Industry, Materials & Utilities Headlines

Russia signs Rosneft deal with Qatar, Glencore

MOSCOW Russian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore to sell a 19.5 percent stake in state-owned oil major Rosneft , Rosneft said.

Maersk, Hyundai Merchant Marine alliance talks in doubt

COPENHAGEN/SEOUL Doubts about the future of Hyundai Merchant Marine Co Ltd surfaced on Friday after Denmark's Maersk Line said the South Korean shipping firm was no longer being considered for the 2M vessel-sharing alliance.

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Senate passes funding bill, Obama signs into law

WASHINGTON The U.S. Senate passed legislation on Friday to fund the government through April and President Barack Obama promptly signed it into law, after Democrats who had sought more generous healthcare benefits for coal miners stopped delaying action on the measure.