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...
McDonald’s in Japan is running out of french fries
McDonald’s will only be offering Japanese consumers small packs of fries with their order from Wednesday.
Only 55 per cent of the monthly average volume...
Darden Restaurants posts second quarter loss of $32.8 million
Darden Restaurants Inc. reported second quarter loss of $32.8 million (26 cents per share) for the period that ended on Nov. 23.
The company generated...
British Columbia approves Site C dam
The $9 billion Site C dam has been approved by British Columbia. According to Premier Christy Clark, residents in the province will receive a...
Encana spending up to $2.9bn on four shale fields in 2015
Encana Corp. announced on Tuesday it would spend between $2.7 billion and $2.9 billion next year, most of it on four high-margin shale fields –...
Talisman and Repsol agree on $13bn deal including current debt
Talisman Energy Inc. and Repsol S.A. have agreed on a $13 billion acquisition deal which includes Talisman’s current debt, the two companies announced on...