DBRS Ltd. to be acquired by Carlyle Group LP and Warburg Pincus
DBRS Ltd., the largest credit rating agency in Canada, is going to be acquired by the US private equity firms Carlyle Group LP and Warburg...
WestJet pilots sign 4-year deal
WesJet pilots are now among the highest paid in Canada, the airline said after a four-year deal was reached. The new agreement will be...
BlackBerry completes acquisition of Germany’s Secusmart
BlackBerry Ltd has completed its acquisition of the German mobile security company Secusmart.
BlackBerry first agreed to acquire the company in July as part of...
Qatar Airways to debut Airbus A350 XWB after receiving delivery
After receiving delivery of the first Airbus A350 XWB, the world’s most modern widebody airliner, Qatar Airways will also be the first to take...
City financiers expect 21% bonus rise for 2014, despite scandals
Most senior City staff forecast that bonuses for 2014 will be 21% higher than last year, a survey from recruitment firm Astbury Marsden reported...
New Tesco probe by Financial Reporting Council
The Financial Reporting Council (FRC) announced on Monday it had started an investigation into the approval and audit of Tesco plc’s financial statements for...
Dish Network drops Fox News and Fox Business
Dish Network, the US direct-broadcast satellite service provider, has dropped the Fox News Channel and Fox Business Network after failing to negotiate a new...
Larger wage increases coming to UK in 2015, two sources say
Pay rises in 2015 will be bigger than they were in 2014, say two sources – BoE MPC member Martin Weale and CBI deputy...
Xiaomi raising over $1 billion in latest funding round
Xiaomi, the Chinese smartphone maker, is now $1 billion richer after its latest funding round, according to a recent report by the Wall Street...
LAX approves $4bn project for “automated people mover”
The green light has been given by leaders at the Los Angeles International Airport (LAX) for a $4 billion project to develop an “automated...