HBO to offer standalone online streaming service in 2015
HBO announced that it is to offer an online-only streaming video service in 2015, competing head-on with Netflix. Richard Plepler, HBO’s chairman and CEO,...
BHP Billiton will list its $15 billion spin-off in London
BHP Billiton has caved into pressure from UK investors to list its yet-to-be-named $15 billion spin-off of unwanted assets (mining activities that BHP does...
Yucca Mountain is a safe nuclear waste site, says NRC report
Permanent closure plans for Yucca Mountain met all safety evaluation objectives before Obama cut the plug on the Nevada waste dump, according to federal...
Capital One posted drop in third-quarter profit and revenue
Capital One Financial Corp posted a decline in third-quarter profit, affected by loan-loss provision and a marginal drop in revenue. Earnings were consistent with...
TSX rebounds, Canadian energy stocks spike
Canadian stocks have recovered and rebounded from a four-day slump, with energy stocks surging amid increasing speculation that recent losses were overdone.
The Standard &...
Low oil prices could halt Canadian tax cuts
The Canadian government will soon have to weigh the risks of declining oil prices before making large tax cuts.
Joe Oliver, Canada’s Finance Minister, has...
Berkshire Hathaway sells over 245 million shares in Tesco
Warren Buffet’s investment company Berkshire Hathaway has sold over 245 million shares in the UK supermarket chain Tesco.
Berkshire Hathaway used to own 3.7% of...
WH Smith full year profits up by 9%
WH Smith has reported “strong performance”, with a 9 percent increase in full-year profit.
The UK’s leading books, newspaper and stationery chain posted pretax profit...
Amazon hiring 80,000 new seasonal workers this holiday
Amazon.com said it will be hiring 80,000 seasonal workers this year to work at its US distribution centers, as it embraces for the holiday...
Shares of airlines plummet amid fears of Ebola virus
Shares of the largest American airlines fell by 5 to 8 percent in afternoon trading amid fears that the Ebola virus could result in...