Thorntons profit warning sent shares plummeting
After warning investors that profits would fall this year, chocolate firm Thorntons’ shares plunged 25% to 86p when the London Stock Exchange opened on...
P&G selling its soap brands Camay and Zest to Unilever Plc
Procter & Gamble Co (P&G) announced it will be selling its soap brands Camay and Zest to Unilever Plc.
P&G said that the sale, for...
Apple releases major OS X security update
A new OS X security update has been released by Apple that fixes an issue with the Network Time Protocol feature.
Earlier this month it...
Massive coral bleaching expected due to climate change, say scientists
Global temperatures are at the highest levels they have ever been in modern history, with ocean temperatures not far behind.
With global warming continuing at...
NASA to evaluate Orion’s performance for upcoming Mars mission
NASA’s Orion space capsule has returned to Florida after completing its very first unmanned test flight. NASA will be reviewing the performance when it...
BMW announces nationwide recall of vehicles with Takata airbags
The German automobile giant BMW announced on Monday a nationwide recall of all their vehicles that were built with driver side air bag inflators...
Chesapeake sells $4.975 billion of assets to Southwestern Energy
Southwestern Energy Company has completed the acquisition of Chesapeake Energy Corp.’s West Virginia and Pennsylvania assets for $4.975 billion.
The assets include approximately 1,500 wells,...
Canadian budget deficit widens to C$3.21bn due to tax benefits
Tax benefits announced by the Conservative government have caused a widening of the Canada’s budget deficit to C$3.21 billion in October compared to C$2.48...
What is the difference between management and leadership?
Leadership and management are quite different. Unfortunately, the two terms are being used more frequently today synonymously by employers.
Management is required to keep a...
Air China agrees to buy sixty Boeing 737s for $6 billion
Boeing Co. announced that Air China has agreed to purchase sixty 737s, including Next-Generation 737 and 737 MAX airplanes, in a deal valued at...