Husky Energy drastically cuts capital spending for 2015
Calgary-based Husky Energy Inc. announced on Wednesday that its capital spending plans for 2015 will be one third lower than in 2014. It is...
Petrol below £1 is highly likely, says RAC
The RAC is betting on petrol soon falling to below £1 per litre as global oil prices, which have declined by over 44% since...
iTunes antitrust case goes Apple’s way
The nearly decade-long antitrust case went Apple’s way on Tuesday when an 8-member jury in Oakland, California decided after just three hours that the...
UK unemployment fell 63,000 in October, earnings up 1.6%
Unemployment in the United Kingdom declined by 63,000 to 1.96 million in the Aug-Oct quarter, the Office for National Statistics (ONS) announced on Wednesday....
Wonga caps loans at 0.8% per day, at FCA’s top limit
Wonga has capped its loans at 0.8% per day from 1%, which is the top rate the FCA’s new rules, which come into effect...
Baidu investing in Uber, entering car-booking market
Baidu Inc. is going to invest in Uber Technologies Inc., a move that will give the Chinese web services company a larger presence in...
TUI Travel and TUI AG merger completed
UK’s TUI Travel plc and Germany’s TUI AG finalized their merger on Wednesday, thus creating the world’s biggest tourism and leisure company – TUI...
Taxpayer bore whole risk from £10.5bn new train deal
The UK taxpayer bore all the £10.5 billion risk when the Department of Transport bought new trains for the Thameslink project and for the...
NASA’s Rover may have found evidence of life on Mars
NASA's Curiosity Rover may have found evidence of life on Mars.
The robot, which landed on Mars in 2012, has detected unusual spikes of methane that...
US implementing steep tariffs on solar products from China
The United States announced it will implement steep tariffs on solar products from China and Taiwan, according to a statement from the Department of...