PetSmart being acquired for $8.7 billion
PetSmart is going to be acquired for $8.7 billion by a group of investors led by BC Partners. PetSmart agreed to be acquired for...
Construction output fell by 2.2% in October versus September, UK
Construction output in the UK declined by 2.2% in October compared to September, the Office for National Statistics (ONS) informed on Friday.
Analysts were surprised...
Water bills to drop by 5% by end of decade, Ofwat ruled
UK regulator Ofwat ruled that household water bills in England and Wales will decline by 5% on average (excluding inflation) by the end of...
Burger King’s move to Canada could save it $1 billion in taxes, says ATF...
Burger King’s relocation to Canada after merging with Tim Hortons is reported to potentially save the company between $400 million to $1.2 billion in...
Cenovus announces 15% cut in capital spending for 2015, cites low oil prices
Canada’s second largest independent oil producer, Cenovus Energy Inc., announced on Thursday that its capital expenditure for 2015 will be cut by 15% due...
UK GDP growth revised down to 3%, interest rate hike risk to economy, says...
UK GDP growth has been revised downward to 3% from 3.2% for 2014, and from 2.8% to 2.6% and 2.5% to 2.4% for 2015...
Talisman confirms Repsol approach
Global oil & gas exploration and production multinational Talisman Energy Inc. has confirmed it has been approached by Madrid-based energy giant Repsol S.A. regarding...
Titan’s sand dunes created by shifting winds, say researchers
Using a specially engineered wind tunnel scientists have discovered how wind-blown dunes form on Titan - Saturn’s largest moon.
Titan has dunes that are hundreds...
Housing starts in Canada hold steady in November
Housing starts in Canada in November, at 195,792, were virtually the same as October’s 195,796, Canada Mortgage and Housing Corporation (CMHC) reported on Monday....
Oil demand growth cut for 2015 by IEA, prices plummet on news
Global oil demand growth outlook for 2015 has been reduced by 230,000 barrels per day to 0.9 million barrels per day as expectations from...