NASA’s Kepler space telescope discovers huge alien planet
NASA’s Kepler space telescope has discovered the first alien planet since its malfunction in May 2013.
Researchers announced that the newly discovered world is HIP...
Average US 30-year mortgage rate falls to 3.80 percent
Average U.S. rates on fixed mortgages declined this week, with the US benchmark 30-year loan rate falling to 3.80 percent - a new low...
Thai Union buying US rival Bumble Bee Foods for $1.5 billion
Thai Union Frozen Products, the number one producer of canned tuna in the world, is acquiring its US rival company Bumble Bee Foods for $1.5...
Unilever drops lawsuit against “Just Mayo” maker
Unilever, maker of Hellmann’s mayonnaise, has withdrawn its lawsuit against the food startup company Hampton Creek for false advertising of its “Just Mayo” product.
In...
US Treasury selling last 11.4% stake in Ally Financial
The US Treasury has launched an offering to sell its 11.4 percent remaining stake in the Detroit-based auto lender Ally Financial Inc.
Ally Financial, the...
Barrick suspends Zambian copper mine after royalties more than tripled
Following the Zambian government’s new legislation hiking the royalty rate on open pit mining operations from 6% to 20%, Barrick Gold Corporation said on...
Regina leak disrupts oil supplies to US Midwest
Enbridge Inc. said it had to shut down and isolate a pipeline at the Regina Terminal in Saskatchewan after a leak from the line...
Saputo sells bakery division to Grupo Bimbo for $120 million
Montreal-based dairy company Saputo Inc. says it has agreed with Grupo Bimbo SAB de CV to sell its bakery unit Saputo Bakery Inc. for...
Canadian wholesale trade up in dollar terms but down in volume
Canadian wholesale trade went up and down in October. In dollar terms it was 0.1% higher compared to September, reaching a record high, but...
Couche-Tard and The Pantry agree on acquisition deal
Alimentation Couche-Tard Inc. and The Pantry Inc. announced on Thursday they have reached a definitive merger agreement under which Couche-Tard will buy The Pantry...