United States retail sales edge higher in September
Consumers may have saved on lower fuel costs in September, but they pocketed the money instead of spending …
Business Archive
South Africa’s Mediclinic to buy Al Noor Hospitals
If Mediclinic emerges the victor, the deal will be structured as a reverse takeover, creating a group with …
United Kingdom now has third highest number of super-rich in the world
Overall, the report found that global wealth fell by almost 5 percent in the year to mid-2015 to …
Warren Buffett to buy Duracell from P&G for $4.7 billion in a stock swap
Berkshire Hathaway, the conglomerate led by billionaire Warren Buffett, will buy Duracell from Procter & Gamble in a …
Mozilla CEO Resigns Amid Anti-Gay Marriage Support Controversy
Mozilla Corporation Chief Executive Officer and co-founder Brendan Eich has resigned from the office, the software company formally …
United Airlines Cuts Cleveland Hub Operations due to Low Profit
United Airlines announced on Saturday a downgrade of its operations, particularly at the Cleveland Hopkins International Airport. The …
Samsung’s market capitalization dropped $28 billion in six weeks
Samsung Electronics has lost 28 billion dollars of market capitalization in six weeks, and the decline will continue …
SAC Capital Advisors hedge fund fined 1.8 billion dollars for insider trading
SAC Capital Advisors, one of the most successful hedge funds in the U.S. in the last 20 years, …
Chevron’s profit down by almost 6% in the third quarter to 5 billion dollars
Chevron’s profit fell by 5.8% in the third quarter, to $4.95 billion, due to reduced refining margin. Chevron …
Emirates Airlines could get a big discount for a Boeing order worth nearly $40 billion
Emirates Airlines, a state controlled company based in Dubai, is in advanced negotiations with Boeing for the purchase …