Amazon has hired 100,000 employees due to its spike in demand for e-commerce due to global lockdown restrictions.Last month, Amazon announced it would invest over US$350 million ...... [continue reading]
Facebook founder and CEO Mark Zuckerberg has accepted that tech giants should pay more tax in Europe.He said he understands people's "frustration" over the issue and added that he would...... [continue reading]
French train company Alstom has that it is in talks with Canada's Bombardier about a possible acquisition of its train business."Discussions are ongoing," Alstom said, adding that no fi...... [continue reading]
New direct Qantas flights between Brisbane and San Francisco are set to take off from Brisbane Airport (BNE), establishing an additional link between Queensland’s international gateway city and Nor...... [continue reading]
Copper Mountain Mining has released 2019 operating results and provided three-year production guidance for its 75% owned Copper Mountain mine. The company’s total production of 87.2 million lb. cop...... [continue reading]
Uber has announced Australia as the first international market for Uber Air, with Melbourne being selected as the first official pilot city outside of the US.Melbourne will join Dallas and L...... [continue reading]
Brisbane Airport (BNE) will be the first and only port in Australia with direct flights to/from Chicago following confirmation that Qantas plans to commence four-times weekly direct services by the...... [continue reading]
RNC Minerals has agreed to purchase Westgold Resources’ Higginsville gold operation near Norseman, Western Australia, for $50 million.Canada-based RNC plans to consolidate Higginsville and t...... [continue reading]
Texas-based Emergent Cold has announced the acquisition of the Montague Cold Storage facilities in Melbourne.According to Emergent Gold, this acquisition complements its broader strategy of...... [continue reading]
Tesla has entered into an agreement to purchase developer and manufacturer of energy solutions Maxwell Technologies for US$218 million ($300 million) in an all-stock deal.Following the purch...... [continue reading]
Nestlé have been granted perpetual rights to market Starbucks consumer and foodservice products globally, outside of the company’s coffee shops. This transaction provides Nestlé with a strong platf...... [continue reading]
Shire has gained approval from the EU and Canada for accelerated assessments of its lanadelumab treatment for hereditary angioedema (HAE). The European Medicines Agency has validated...... [continue reading]
Qantas has announced the start date of 1 September 2018 for a daily Dreamliner service between Brisbane and Los Angeles. It will replace the Boeing 747-400 currently operating this route.... [continue reading]
Samsung Electronics and Harman International Industries have entered into a definitive agreement under which Samsung will acquire HARMAN for $112.00 per share in cash, or total equity value of appr...... [continue reading]
GE has agreed to merge its oil and gas business with Baker Hughes to create a new oilfield technology services company creating annual revenues of $32bn from providing physical and digital technolo...... [continue reading]
Glencore has agreed to sell its coal-haulage business GRail in New South Wales state to American railroad operator Genesee & Wyoming Inc. for AUD1.14 billion (US$874 million), in the latest sale by...... [continue reading]
Virgin Australia will launch services from Melbourne to Los Angeles and Perth to Abu Dhabi in 2017, increasing competition and choice for Australian travellers. On 4 April 2017, Virg...... [continue reading]
Volvo Cars and Uber are to join forces to develop next generation autonomous driving cars. The two companies have signed an agreement to establish a joint project that will...... [continue reading]
International infrastructure group, Balfour Beatty, has been awarded a $697 million contract to undertake electrification of the 52-mile Caltrain rail corridor between San Francisco and San Jo...... [continue reading]
Japanese mining and construction equipment manufacturer Komatsu is set to complete it’s biggest ever acquisition buy buying it’s rival, Milwaukee, Wisconsin based Joy Global for $2.9bn. ... [continue reading]
American based Amplify Snack Brands, who’s best known brand is SkinnyPop has purchased UK crisp maker Tyrrells for £300m. Under the terms of the deal, Tyrrells' current owner Investc...... [continue reading]
Information services firm Experian have issued a trading update, with total revenue growth of 5% at constant exchange rates in the three months to 30 June and 1% a...... [continue reading]
FTSE 250 precision instruments maker Spectris has completed the acquisition of the software and associated assets of the privately-held US company Capstone Technology Corporation ("Capstone") for a...... [continue reading]
Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transacti...... [continue reading]
Meggitt, a leading international company specialising in high performance components and sub-systems for the aerospace, defence and energy markets has been awarded a five-year National Individual S...... [continue reading]
Pfizer Inc. (NYSE:PFE) and Anacor Pharmaceuticals, Inc. (NASDAQ:ANAC) have entered into a definitive merger agreement under which Pfizer will acquire Anacor for $99.25 per Anacor share, in cash, fo...... [continue reading]
Austal has announced that construction of one additional Littoral Combat Ship has been funded by the U.S. Navy. LCS 26 will be the eleventh Independence-variant Littoral Combat Ships...... [continue reading]
Lightweight metals leader Alcoa has announced a long-term supply agreement with Boeing for multi-material aerospace parts. Under this agreement, Alcoa will supply components for the 777X—Boei...... [continue reading]
Airbus has exceeded sales targets for 2015, achieving a new record of 635 aircraft deliveries for 85 customers of which 10 are new. These deliveries comprise: 491 A320 Family aircraft; 103 A33...... [continue reading]
New Zealand-based ikeGPS has announced a partnership with Total Supply to bring Spike, a smart laser measurement solution, to the New Zealand sign and digital graphics industry, following its succe...... [continue reading]
Cementation Canada Inc, a wholly-owned subsidiary of Murray & Roberts Limited, has completed the acquisition of Merit Consultants International Inc. (“Merit”). Merit has worked with clients in the...... [continue reading]
Global leader in beverage alcohol, Diageo, has announced that it has completed the sale of its major wine interests, the US based Chateau and Estate Wines and the UK based Percy Fox businesses, to...... [continue reading]
Rio Tinto has unveiled one of the largest diamonds ever discovered in Canada. The 187.7 carat gem-quality rough diamond, known as The Diavik Foxfire, was discovered at the Diavik Diamond Mi...... [continue reading]
Pfizer Inc. (NYSE: PFE) and Allergan plc (NYSE: AGN) have announced that their boards of directors have unanimously approved, and the companies have entered into, a definitive merger agreement unde...... [continue reading]
Walgreens Boots Alliance, Inc. (Nasdaq: WBA) and Rite Aid Corporation (NYSE: RAD) have announced that they have entered into a definitive agreement under which Walgreens Boots Alliance will acquire...... [continue reading]
True Gold Mining Inc. has announced that mining has commenced at the Goulagou II (GGII) deposit at the Karma Gold Mine in Burkina Faso. The GGII deposit is the first of six deposits that wi...... [continue reading]
Wood Group has been awarded a new $31 million contract by Carbon Creek Energy on their coalbed methane asset in the Powder River basin in Wyoming. Wood Group PSN (WGPSN) will deliver operations m...... [continue reading]
Delta Cargo is making it easier for customers to do business sustainably by leading the industry in replacing its paper contracts with digital versions. 77 percent of all freight shipped on...... [continue reading]
United Airlines will start a San Francisco to Auckland service in July 2016, using a B787 Dreamliner aircraft. Norris Carter, Auckland Airport’s general manager - aeronautical commercial, s...... [continue reading]
Treasury Wine Estates has announced that it has agreed to acquire the majority of assets from Diageo Plc’s US and UK wine operations. The cash payment of US$600 million comprises $US552 mil...... [continue reading]
Dell Inc. and EMC Corporation have announced they have signed a definitive agreement under which Dell, together with its owners, Michael S. Dell, founder, chairman and chief executive officer of De...... [continue reading]
Lightweight metals leader Alcoa (NYSE:AA) has signed an approximately $1 billion contract with Airbus for high-tech, multi-material aerospace fastening systems. The deal is Alcoa’s largest fastener...... [continue reading]
Following on from the United States officially reopening its embassy in Cuba, Verizon Wireless customers who travel internationally can connect easily – including talk, messaging and data – while i...... [continue reading]
Apple® has announced iPhone® 6s and iPhone 6s Plus, the most advanced iPhones ever, adding a powerful new dimension to iPhone’s revolutionary Multi-Touch™ interface. The new iPhones introduce...... [continue reading]
Aggreko has announced that, it has entered into an agreement to acquire substantially all of the assets associated with, and used in connection with, the equipment rental business of ICS Group, Inc...... [continue reading]
Schlumberger Limited (NYSE: SLB) and Cameron (NYSE: CAM) have announced a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimou...... [continue reading]
The boards of directors of Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) and Precision Castparts Corp. (“PCC”) (NYSE: PCP) have unanimously approved a definitive agreement for Berkshire Hathaway to...... [continue reading]
Hikma Pharmaceuticals Plc has said it will buy German drugmaker Boehringer Ingelheim's U.S. speciality generic drugs business for about $2.65 billion (£1.75 billion) in cash and stock to bolst...... [continue reading]
U.S. data centre company Equinix Inc has agreed to buy British firm Telecity Group in a deal worth 2.35 billion pounds. The deal ends Telecity's pursuit of smaller Dutch firm Interxion Holding...... [continue reading]
Tesla Motors Inc (TSLA.O) has unveiled Tesla Energy - storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast...... [continue reading]
Canada's Barrick Gold will relinquish some management duties at Australia's Super Pit gold mine to partner Newmont Mining, in a further pull-back from operations in the Southern HemisphereBa...... [continue reading]
SunPower has announced that it has begun construction on the 86-megawatt peak (MWp) Prieska solar power plant in South Africa's Northern Cape province. Expected to be fully operational in 2016, the...... [continue reading]
Volvo Cars has announced that it is to build a brand new manufacturing facility in the US, fulfilling its ambition to be a truly global car maker, investing around $500m in a new plant and und...... [continue reading]
Kraft Foods Group Inc the maker of Velveeta cheese, will merge with ketchup maker H.J Heinz Co., owned by 3G Capital and Warren Buffett's Berkshire HathawayInc, to form North America's th...... [continue reading]
Automakers reported strong December U.S. sales on Monday, boosted by falling gasoline prices, but industry executives and analysts cautioned that growth would slow in 2015 after five years of rapid...... [continue reading]
Apache Corp has agreed to sell stakes in two liquefied natural gas developments, Wheatstone in Australia and Kitimat in Canada, for $2.75 billion to Woodside Petroleum, which "stress-tested" the pr...... [continue reading]
Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $8.7 billion...... [continue reading]
American Express (NYSE: AXP) and Delta Air Lines (NYSE: DAL) today announced a multiyear extension of their exclusive co-brand Credit Card. The deal includes continuation of Delta as a Card-accepti...... [continue reading]
One of the longest commercial airport runways in America returned to service today as officials from the Port Authority of New York & New Jersey reopened the full length of the 11,817-foo...... [continue reading]
BCE Inc, Canada's largest telecommunications company, said it would buy mobile phone retailer Glentel Inc for about C$594 million ($520 million) in cash and stock. The move was viewed as de...... [continue reading]
Rio Tinto, operator of the Diavik Diamond Mine in Canada, has formally approved the development of a fourth pipe, known as A21, at the remote subarctic Diavik mine site.The A21 pipe developm...... [continue reading]
Canada's Goldcorp will formally inaugurate its Cerro Negro gold and silver mine in Argentina in February, a project that required an investment outlay of 14.2 billion pesos ($1.7 billion) in the co...... [continue reading]
The IKEA Group has announced that it has purchased its second wind farm in the United States from Apex Clean Energy: a 165-megawatt wind farm in Cameron County, Texas. This represents the sing...... [continue reading]
SunEdison and its YieldCo TerraForm just acquired wind developer First Wind for $2.4 billion. It means SunEdison is in the wind business and can...... [continue reading]