Carnival Corp. posts strong third quarter results
The Anglo-American multinational cruise giant, Carnival Corporation & plc. posted better-than-expected third quarter profit and improved its full-year guidance, citing strong demand in China...
Allergan Salix talks trigger threats of lawsuit by William Ackman
If Allergan Inc. and Salix Pharmaceuticals Inc. go ahead with an acquisition deal, billionaire William Ackman said on Tuesday he would sue the Botox...
US tax inversion crackdown to the test
A US tax inversion crackdown led by Treasury Secretary Jacob L. Lew will be put to the test as several US-based multinationals decide on...
Yara and CF Industries in merger talks to create fertilizer giant
Olso-based Yara International ASA and Chicago-based CF Industries Holdings, Inc. on Tuesday confirmed they are in merger talks that would create a $27 billion...
Tesco rushes in new Chief Financial Officer, Alan Stewart
The world’s second largest retailer, Tesco plc, rushes in Alan Stewart as the new Chief Financial Officer, one day after suspending four executives, including...
Royal Philips plans to split lighting and healthcare divisions
Amsterdam-based electronics multinational Royal Philips announced on Tuesday it is planning to split the business in two, separating its healthcare and lighting divisions. The...
September Eurozone business activity growth plummets
Business activity growth in the Eurozone fell to its lowest level this year, as prices fell for the 30th successive month, according to Markit's...
Brazil revises economic growth outlook downward to 0.9 percent from 1.8 percent
Brazil’s Planning Ministry has revised down its economic outlook for 2014 to 0.9% growth from 1.8%, while annual inflation is forecast to remain at...
Growing income gap between the old and the young
The income gap between the old and the young is increasing in Canada, according to the Conference Board of Canada.
Economists, sociologists, etc. use the...
Thousands of climate change activists protest in Manhattan
Following the climate change protest, 1,000 activists blocked parts of New York’s financial district to send a message to the corporate world about their...