Fast Daewoo News

YANGON - Burma has signed another contract with two foreign firms to explore for natural gas in offshore waters, state media said Sunday.

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State-owned Myanmar Oil and Gas Enterprise (MOGE) signed a deal with Rimbunan Petronas of the British Virgin Islands and Singapore's UNOG to jointly explore and produce oil and gas at a new offshore block in Myanmar.

The government of Oman is developing a modern port and a ship repair facility at Al Duqm in three different phases. After completion , the port will handle large vessels, besides repairing ships.

Siemens Power Generation (PG) has received two orders for compressor trains for oil and gas projects in Qatar and Nigeria. Five gas turbine-driven compressor trains are destined for the Danish company Maersk Oil Qatar AS, Qatar.

There are curves a plenty at the annual Geneva Motor Show, but none with pipes like singing sensation Shakira who made a personal appearance Wednesday to sign off on a one-shot version of Spanish carmaker Seat's Leon Cupra.

Source: Reuters March 9 (Reuters) - A Filipino oil contractor abducted on Feb. 6 in Nigeria's southern Niger Delta has been freed and handed over to his employers, police said on Friday. Gunmen had seized the man ...

Not every market shares northern Europe's obsession with hatchbacks so Suzuki has launched an SX4 sedan.

Romania's government gave companies interested in buying 72.4% of a former Daewoo Motor Co. car factory until April 25 to send letters indicating they intend to bid.

LAUSANNE, Switzerland -- General Motors has an ambitious plan to make its all-American Chevrolet brand a global powerhouse that sells more vehicles outside the United States than at home.

SEOUL, March 9 (Reuters) - South Korean government bond prices were little changed on Friday, in muted trading ahead of key U.S. jobs data, while investors also looked forward to a fresh supply of five-year treasury bonds.

BOMBAY (XFN-ASIA) - Videocon Industries Ltd may walk out of the bid for South Korea's ailing Daewoo Electronics, the Economic Times reported, citing unnamed sources.

It said the Indian firm is having second thoughts on the deal after failing to get Daewoo's creditors to arrive at a mutually agreeable financial deal despite several months of negotiations.

March 8 (Bloomberg) -- General Motors Corp. is increasing production of Chevrolet cars in markets such as India and Russia as it tries to retain a lead over Toyota Motor Corp., which may pass it as the world's largest automaker this year.

GENEVA -- Ford Motor Co. is optimistic that sales in Europe will rise this year and the U.S. automaker remains interested in acquiring a Daewoo assembly plant in Romania, Ford's European chief said yesterday.

SEOUL, March 8 (Reuters) - Stocks on the move on Thursday include: As of 0504 GMT, the main KOSPI rose 1.42 percent to 1,430.95, up for a third day in a row, as brokerages advanced, with investors beginning to believe the worst from a recent slump in global markets may ...

SEOUL, March 8 (Reuters) - Stocks on the move on Thursday include: As of 0215 GMT, the main KOSPI rose 0.45 percent to 1,417.28, up for a third day in a row, as brokerages advanced, with investors beginning to believe the worst from a recent slump in global markets may ...

SEOUL, March 8 (Reuters) - Seoul shares rose 0.5 percent on Thursday, up for a third day in a row, as brokerages such as Daewoo Securities advanced, with investors beginning to believe the worst from a recent slump in global markets may be over.

Bucharest – The American automotive manufacturer Ford could take over the former Daewoo plant from Craiova, concurrently with the expansion of the manufacturing capacities from Russia, in order to cover the demand in accelerated growth from Eastern Europe, declared the operational manager for Europe, John Fleming, reports Mediafax, quoted by Reuters.

U.S. automaker Ford Motor Co. is optimistic that sales in Europe will rise this year and said it remained interested in acquiring a Daewoo assembly plant in Romania.

GENEVA -- Ford Motor Co. is optimistic that sales in Europe will rise this year, and the U.S. automaker remains interested in acquiring a Daewoo assembly plant in Romania, Ford's...

GENEVA -- Ford Motor Co. is optimistic that sales in Europe will rise this year and the U.S. automaker remains interested in acquiring a Daewoo assembly plant in Romania, Ford's European chief said Wednesday.

GENEVA (AP) – Ford Motor Co. Europe Chief Executive John Fleming said Wednesday that the company hopes to exceed the 118,000 cars it sold there last year and said the company is still interested in acquiring a Daewoo assembly plant in Romania.

U.S. auto maker Ford Motor Co. is optimistic that sales in Europe will rise this year and said it remained interested in acquiring a Daewoo assembly plant in Romania.

SEOUL, March 7 (Reuters) - Stocks on the move on Wednesday include: As of 0150 GMT, the main KOSPI fell 0.19 percent to 1,400.29, erasing earlier gains to trade flat, as exporters fell amid growing uncertainties about the U.S. economy, although banks continued to recover from a slump in global ...

SEOUL, March 7 (Reuters) - Stocks on the move on Wednesday include: As of 0051 GMT, the main KOSPI was up 0.47 percent to 1,409.54, as blue chips continued to recover from a recent slump in global markets, while foreign investors ended a four-day selling streak.