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Andrew Stevens, Group CEO at Commercial Bank, talks to CNBC about their plans to buy a 70.8 percent stake in Turkish lender, Alternatif Bank.
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KIEV, Dec 6- It was hailed as a historic $1 billion deal marking a major step towards ending Ukraine's reliance on imported Russian gas.
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*Investors including Gazprom to earn carbon offsets. SINGAPORE, Dec 5- Indonesia on Wednesday approved a rainforest conservation project that sets aside an area roughly the size of Singapore and rewards investors with tradable carbon credits in the first of its kind to win formal backing in the country.
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KHARTOUM, Dec 5- Sudan will not allow South Sudan's oil exports to flow through its territory until Juba cuts ties with anti- Khartoum rebels and expels their leaders, a Sudanese vice president said on Wednesday, dampening hopes that bilateral tensions were over.
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BRUSSELS/ BEIRUT- NATO told Syrian President Bashar al-Assad on Tuesday that any use of chemical weapons in his fight against encroaching rebel forces would be met by an immediate international response.
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*Ban Ki- moon urges nations to cast off apathy, agree a deal. *Says wants Kyoto to stay platform to fight global warming. He said signs of change were apparent everywhere and "from the United States to India, from Ukraine to Brazil, drought decimated essential global crops".
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BEIRUT- NATO told Syrian President Bashar al-Assad on Tuesday that any use of chemical weapons in his fight against encroaching rebel forces would be met by an immediate international response.
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LONDON, Dec 3- Qatar Airways is set to upgrade an order for 20 Airbus A350 aircraft to larger variants, a move that includes new backing for a model designed to compete with Boeing's 777 mini-jumbo, aviation sources said on Monday. Qatar Airways is the launch customer for the future A350 and is also a major user of the 777, Boeing's most profitable plane.
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*China, India key drivers of carbon emissions. SINGAPORE, Dec 3- Carbon dioxide emissions from industry rose an estimated 2.6 percent in a weak global economy this year, a study released on Monday showed, powered by rapid emissions growth in China and India, which may add urgency to U.N. climate talks in Doha.
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*Dimming sunlight, fertilising seas said too uncertain. DOHA, Dec 2- Cheap, short-cut ideas to cool the planet such as shading sunlight are failing to win support from U.N. delegates looking to improve on the slow progress made by existing technologies. "Let's first use what we know," said Christiana Figueres, head of the U.N.
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DOHA, Dec 2- OPEC member Qatar will ask firms to tender for a 1,800 megawatt solar energy plant in 2014 costing between $10- 20 billion as the world's highest per capita greenhouse gas emitter seeks to increase its renewable energy production.
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CALGARY, Alberta, Nov 30- The Canadian government on F riday b locked a seven-year-old plan to drill more than a thousand natural gas wells in an Alberta wildlife reserve, though the project was unlikely to be developed.
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CALGARY, Alberta, Nov 30- The Canadian government on Fridy blocked a seven-year-old plan to drill more than a thousand natural gas wells in an Alberta wildlife reserve, though the project was unlikely to be developed.
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FRANKFURT, Nov 30- Closer ties with Turkish Airlines could keep Lufthansa in the race for longhaul flights to Asia and stem the flow of business to Gulf carriers. Turkish Airlines' Istanbul hub straddles Europe and Asia and is hours closer to Europe than Gulf airports.
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*Jordan tries to ride out turmoil in Arab neighbours. AMMAN, Nov 29- Violent protests that shocked Jordan this month have mostly subsided, but unprecedented chants for the "fall of the regime" suggested a deeper malaise in a kingdom so far spared the revolts reshaping the Arab world.
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DOHA, Nov 29- India and Brazil accused rich nations on Thursday of doing too little to fight climate change at U.N. talks in Doha and denied that emerging economies were back-sliding from pledges to step up action from 2020..
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AMMAN, Nov 28- Saudi Arabia is about to deposit $250 million with Jordan's Central Bank as part of an $800 million planned contribution to help the country's ailing economy, Jordan's prime minister said on Wednesday. Economic instability in Jordan, a U.S. ally with the longest border with Israel, comes at a volatile time for a region in turmoil from Syria to Gaza.
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DOHA, Nov 28- Extreme weather from melting Arctic ice to Superstorm Sandy shows snail-paced U.N. climate talks have to do more to cut greenhouse gas emissions, the head of the U.N. weather agency and its climate chief said on Wednesday.
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Nov 28- As the nations of the world struggle in Doha to agree even modest targets to tackle global warming, the cuts needed in rising greenhouse gas emissions grow ever deeper, more costly and less likely to be achieved.
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President Barack Obama needs to shift focus from domestic pressure to global environmental efforts, the European Union's climate chief said on Wednesday, a day after the president signed a rare U.S. law blocking a piece of EU emissions legislation.
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CAIRO- Hundreds of demonstrators were in Cairo's Tahrir Square for a sixth day on Wednesday, demanding that President Mohamed Mursi rescind a decree they say gives him dictatorial powers, while two of Egypt's top courts stopped work in protest.