North America

Zuckerberg 'happy' for Facebook to pay more taxes in Europe

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]

Alstom confirms talks to buy Bombardier's train business

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 Brisbane-San Francisco services take off

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 meets 2019 guidance; expects to grow production

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 Air to trial in Melbourne

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]

Qantas to fly direct from Brisbane to Chicago

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]

Westgold to sell Higginsville gold operation to Canada's RNC

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]

Emergent Cold acquires Melbourne-based Montague Cold Storage

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 to buy Maxwell Technologies

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 to market Starbucks products in deal worth $7bn

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’s angioedema treatment fast-tracked by EU and Canada

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 Dreamliner to operate daily between Brisbane & Los Angeles

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 to acquire Harman International

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 and Baker Hughes to create new oilfield technology services company

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]

Genesee & Wyoming buy Glencore's Australian rail business

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 to launch new services to LA and Abu Dhabi

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 join forces to develop autonomous driving cars

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]

Balfour Beatty awarded Caltrain rail corrdior contract

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]

Komatsu to buy U.S based rival Joy Global for $2.9 billion

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]

Amplify Snack Brands purchase UK crisp maker Tyrrells

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]

Experian unaffected by Brexit as revenues increase

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]

Spectris completes Capstone acquisition

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 to buy LinkedIn in deal worth $26bn

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 wins $35m Canadian defence contract

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 to Acquire Anacor Pharmaceuticals

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 wins $564m US Navy ship contract

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]

Alcoa Wins Fourth Boeing Contract in String of Recent Deals

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 achieves record aircraft sales in 2015

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]

ikeGPS, Total Supply Announce Spike Distribution Deal for New Zealand

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 Acquires Merit Consultants International

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]

Diageo completes sale of Chateau and Estate wine brands and Percy Fox

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 unveils 187.7 carat Canadian diamond

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 to complete $160 billion takeover of Allergan

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 to Acquire Rite Aid for $17.2 Billion

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]

Mining commences at Karma Gold Mine in Burkino Faso

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 awarded $31 million coalbed methane contract in the US

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]

Digital contracts is the way forward for Delta Cargo

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 announce new San Francisco to Auckland service

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]

TWE buys Diageo's wine business in US$600m deal

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 to buy EMC in record $67bn deal

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]

Alcoa signs $1 billion contract with Airbus

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]

Verizon is first U.S. wireless company to offer roaming in Cuba

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 introduces new iPhone 6s and iPhone 6s Plus

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 acquires Canadian temperature control business ICS Group

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 to buy Cameron International

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]

Warren Buffett buys Precision Castparts in deal worth $37bn

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 to buy U.S speciality generic drugs business

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]

Equinix agrees 2.3 billion pound deal to buy Telecity Group

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]

Elon Musk unveils Tesla Energy

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]

Barrick Gold takes step back at Super Pit gold mine

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 Breaks Ground on 86-megawatt Prieska Solar Power Plant in South Africa

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 to build new factory in US

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]

Heinz to buy Kraft Foods

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]

U.S. Automotive sales end 2014 on a high

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]

Woodside purchases Apache assets

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 retailer PetSmart to be bought by BC Partners

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 and Delta Air Lines Extend Partnership

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]

STEWART INTERNATIONAL AIRPORT’S RUNWAY 9-27 REOPENS AS LARGEST CAPITAL PROJECT IN AIRPORT HISTORY NEARS COMPLETION

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 to Buy Mobile Phone Retailer Glentel

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 invests $350m in Canada's Diavik Diamond Mine

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 to open Argentina’s Cerro Negro gold, silver mine in February

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]

IKEA Buys Second US Wind Farm

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, TerraForm Buy First Wind For $2.4B to Become Renewable Project Giant

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]