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GIP to acquire $4.3bn stake in Spain’s gas natural

  Bloomberg Global Infrastructure Partners agreed to buy a 20 percent stake in Spain’s Gas Natural SDG SA for 3.8 billion euros ($4.3 billion) from shareholders Repsol SA and Criteria Caixa. Repsol, Spain’s biggest oil company, and Criteria each sold 10 percent stakes in the natural gas distributor for 19 euros a share, according to a statement from Madrid-based Repsol ...

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Iran unveils new catamaran ship that can carry helicopter

  TEHRAN / AP Iran’s powerful Revolutionary Guard on Tuesday unveiled a new high-speed vessel the force says is capable of carrying a helicopter and up to 100 people, Iranian state TV reported. The report follows a series of close encounters between American warships and Guard vessels in the Persian Gulf. The TV showed a catamaran-type ship described as 55 ...

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‘Last chance’ Syria truce holding on first full day

  Aleppo / AFP A ceasefire billed as the “last chance” for peace in Syria appeared to be holding on its first full day Tuesday, with residents nationwide reporting a rare respite from years of violence. The truce brokered by Russia and the United States saw guns fall silent at sundown on Monday, in the latest bid to end a ...

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