Anadarko reports Q3 loss of $2.2 billion
Anadarko, one of the world’s largest oil and gas exploration and production companies, reported a loss of $2.2 billion (or $4.41 per share) in...
Walgreens acquiring rival Rite Aid for $17.2 billion
Walgreens Boots Alliance Inc announced on Tuesday that it will be acquiring its smaller rival Rite Aid Corp for $17.2 billion.
The buyout will merge...
Twitter shares plunge after posting disappointing user growth
Twitter shares dropped 12 percent in after hours trading today after the tech firm posted a weaker than expected revenue forecast and slow user...
FTSE dropped 0.8 percent, 51.75 points, on Tuesday
The UK FTSE 100 dropped on Tuesday amid concerns of slow global economic growth and over-supply in the commodity markets.
The index dropped 0.8 percent,...
Tim Hortons brand to grow aggressively globally
Tim Hortons’ parent company, Restaurant Brands International, appears to be making good on its promise to grow the brand aggressively worldwide, even though there...
Trade union membership numbers plummet in Australia
Just 15% of Australian workers and owner managers of incorporated enterprises were trade union members in August 2014, compared to 17% one year earlier,...
UK economic growth cooled down in third quarter
UK economic growth slowed down as manufacturing and construction sectors contracted the most in three years.
Gross domestic product expanded 0.5 percent between July and...
Lion populations in alarming decline in much of Africa
Lion populations in most of Africa are declining alarmingly, a new study published in Proceedings of the National Academy of Sciences has shown. However,...
Ford reports higher Q3 profit, but misses Wall Street estimates
Ford Motor Co posted mixed third quarter results on Tuesday.
The US automotive giant reported net income of $1.9 billion in the third quarter, up...
British economic growth slows to 0.5% in third quarter
British economic growth in the third quarter (July to Sept) was just 0.5%, compared to 0.7% in the second quarter (Apr to June), the...