Chevron plans on cutting up to 7,000 jobs
Chevron Corp cut its 2016 capital budget by 25 percent and plans on slashing up to 7,000 jobs, or 11 percent of its workforce,...
Better Eurozone inflation and unemployment news
After posting a 0.1% price decline year-on-year in September, October’s Eurozone inflation (year-on-year) improved slightly, registering 0.0%. While still well below the European Central...
Volkswagen cheating costing 60 premature deaths in USA
The use of software by automaker giant Volkswagen to evade emission standards in over 482,000 diesel cars sold in the United States will contribute...
Great Pumpkin asteroid to whizz past close to Earth during Halloween
An asteroid dubbed The Great Pumpkin will whizz past super-close to Earth by cosmic measures during the Halloween period. Technically called 2015 TB145, it...
UK consumer confidence drops to four month low
British consumer confidence dropped to a four month low in October, the latest survey from GfK revealed on Friday.
GfK’s monthly consumer sentiment indicator fell...
Expedia reports sharp rise in Q3 earnings and revenue
Expedia Inc reported a sharp increase in quarterly earnings and revenue on Thursday, beating Wall Street expectations.
The online travel services giant posted earnings...
Pfizer in talks with Allergan about potential merger
Pfizer, one of the world's largest pharmaceutical companies by revenues, is in talks with Dublin-based Botox maker Allergan about a potential merger.
The deal would...
UK could lose its AAA credit rating if it leaves the EU
The UK could end up losing its 'AAA' credit rating if it leaves the European Union.
Moritz Kraemer, Standard and Poor's (S&P) chief sovereign rating...
“Project Loon” will provide Internet access to millions in Indonesia
Alphabet, the parent company of Google, has partnered up with three telecommunications companies in Indonesia to deliver Internet access in areas of the country...
Qube Holdings buys large Asciano stake, Australia
Sydney-based Qube Holdings Ltd., a diversified logistics and infrastructure company, has acquired an almost 20% stake in Melbourne-based Asciano Ltd., a freight logistics company,...