Potash, Agrium to combine, creating huge crop company

The move will give Potash Corp access to Agrium's huge retail network, giving the company access to a vertically integrated supply chain for the first time. The merger is expected to be completed in mid-2017. The board of directors will have equa... More..

by | Published more than a month ago
NZ welcomes ceasefire deal in Syria, but coming days will be 'crucial'
by | Monday, September 12, 2016

NZ welcomes ceasefire deal in Syria, but coming days will be 'crucial'

The US-Russia ceasefire deal for Syria , scheduled to begin on Monday evening, looks to be on fairly steady footing, with the Syrian government quick to endorse it, along with at least some of the rebel fac...More..

by | Monday, September 12, 2016

Mike Ashley Flashes Wads Of £50 Notes During Sports Direct HQ Tour

BI will be at the AGM and reporting on what happens. The company also apologised for "serious shortcomings" in their working practices, after they were slammed in a report by professional services firm RPC....More..

Scotland's Sturgeon says to prepare independence legislation
by | Monday, September 12, 2016

Scotland's Sturgeon says to prepare independence legislation

The first minster is also expected to make reference to Scotland's place in Europe, with her government examining its options following the UK's vote to leave the EU. Energy is being "diverted into an endless p...More..

Talgo train completes Delhi-Mumbai trial in less than 12 hours
by | Monday, September 12, 2016

Talgo train completes Delhi-Mumbai trial in less than 12 hours

According to media reports, the Talgo completed a trial run between Mathura and Palwal at a speed of 180 kmph in July. Currently, the superfast Rajdhani Express train takes around 16 hours between New Delhi a...More..

by | Monday, September 12, 2016

VW engineer admits conspiracy to cheat US regulators with emissions device

James Liang, who has worked for VW since 1983 and was part of a team of engineers who developed a diesel engine, was charged with conspiring to commit wire fraud and violating USA clean air laws. The software -...More..

European Union states seek share of Apple's €13 billion tax bill
by | Sunday, September 11, 2016

European Union states seek share of Apple's €13 billion tax bill

Ireland offers a 12.5% corporate tax rate for any company generating trading profits in Ireland. The press release highlights the facts contributing to what the EC perceives to be a lack of economic substance...More..

Algeria energy minister sees consensus on need to steady oil price - APS
by | Sunday, September 11, 2016

Algeria energy minister sees consensus on need to steady oil price - APS

On the other hand, in the future, an alliance between Russian Federation and Saudi Arabia could become more powerful than OPEC because Moscow and Riyadh are the world's two biggest oil producers, Michael Moor...More..

Google Gets In The Food Business, Burrito Delivery Via Drone
by | Sunday, September 11, 2016

Google Gets In The Food Business, Burrito Delivery Via Drone

The program will be accessible to select Virginia Tech employees and students. But instead of jumping, or flying, directly into delivering ordered goods, Alphabet's research arm X will instead simply try to...More..

by | Sunday, September 11, 2016

Cargo Stranded After Global Shipping Company Declares Bankruptcy

Getting that cargo off the Hanjin ships has created a logistical nightmare during the peak shipping period ahead of the holiday season, says Brian Dodge, the vice president of the USA -based Retail Industry ...More..

Hanjin Shipping Files for Court Protection After Revamp Rejected
by | Sunday, September 11, 2016

Hanjin Shipping Files for Court Protection After Revamp Rejected

Board members at Hanjin Shipping - the world's 7th largest shipping line by capacity - voted Wednesday morning to file for court receivership that afternoon, a company spokesman said . Creditors of Hanjin Ba...More..

VW Engineer Faces First Criminal Charge For Conspiracy in Diesel Emissions Fraud
by | Saturday, September 10, 2016

VW Engineer Faces First Criminal Charge For Conspiracy in Diesel Emissions Fraud

The investigation into diesel emissions test cheating by Volkswagen has taken a significant turn with the guilty plea entered by a VW engineer in U.S. "We can not comment on this indictment", said VW spokeswo...More..

Buses, trucks from Tamil Nadu heading to Karnataka stopped at Hosur border
by | Friday, September 09, 2016

Buses, trucks from Tamil Nadu heading to Karnataka stopped at Hosur border

After almost 60 hours of seething demonstrations that have cut off the crucial highways and roads, protests in Karnataka are smaller and quieter today over the release of water from the Cauvery River to neighbo...More..

James Gunn has special Groot script for Vin Diesel in Galaxy 2
by | Friday, September 09, 2016

James Gunn has special Groot script for Vin Diesel in Galaxy 2

James Gunn , the director of Vol. 1 and upcoming Vol. 2 , recently told a fan that because he has been reborn and his now baby Groot, his memories have gone too. Still, as some of Gunn's Twitter followers have...More..

U.S. weekly jobless claims fall at start of September
by | Friday, September 09, 2016

U.S. weekly jobless claims fall at start of September

The postrecession low of 252,000 was set in July. In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending September 3 decreased by 4,000...More..

Google to buy cloud software company Apigee for $625 mln
by | Friday, September 09, 2016

Google to buy cloud software company Apigee for $625 mln

Apigee will be added to Google's Cloud platform which will allow customers to access, implement, and publish APIs easily. Google's senior vice president of Cloud Diane Greene said in the release that ...More..

Walgreens Prepares to Unload More Than 500 Stores
by | Friday, September 09, 2016

Walgreens Prepares to Unload More Than 500 Stores

The debt-to-equity ratio (D/E) was recorded at 0.44. Walgreens Boots Alliance Inc makes up approx 1.61% of Whitnell's portfolio.Nbt Bank N A Ny boosted its stake in WBA in the latest quarter, The investment man...More..

by | Thursday, September 08, 2016

Pope proclaims Mother Teresa a saint

Around 120,000 people attended the ceremony, according to Vatican estimates, celebrating the life of a woman who Francis said it might be hard to call "Saint" as people felt so close to her they spontaneously u...More..

by | Thursday, September 08, 2016

Judge gives temporary OK to protect Hanjin Shipping in the United States

The company has been hurt by a slowdown in global trade. "The upcoming months are critically important to retailers, particularly ahead of Black Friday and the holiday shopping season", the filing said . The c...More..

by | Thursday, September 08, 2016

'EU Tax Ruling Is Political Crap', Says Apple CEO Tim Cook

Ireland's Financial Minister Michael Noonan said he "disagreed profoundly" with the Commission's ruling that will force Apple to pay $14.5 billion in back taxes to the country, according to Reuters . Both ...More..

by | Thursday, September 08, 2016

Mike Ashley backs Sports Direct chairman despite shareholder snub

Investors have also repeatedly criticised poor governance at the firm. Mr Ashley also hit back at the MPs who put him through the ringer at a House of Commons Business Select Committee hearing in June. Legal ...More..

by | Thursday, September 08, 2016

Chipotle Expects to Meet Soon With Ackman After He Takes Stake

Tocqueville Asset Management L.P. boosted its position in shares of Chipotle Mexican Grill by 5.8% in the second quarter. "When you franchise, you give up control over how restaurants are run and that can com...More..

HP Enterprise Plans $8.8 Billion Software Deal with Micro Focus
by | Thursday, September 08, 2016

HP Enterprise Plans $8.8 Billion Software Deal with Micro Focus

The Corporation has a Mean Rating of 1.71 based on the Reuters Analysts consensus issuing ratings. The stock has received different recommendations from Financial Analysts, according to data provided by Fac...More..

Pay with PayPal in stores soon with help from Mastercard
by | Wednesday, September 07, 2016

Pay with PayPal in stores soon with help from Mastercard

The new MasterCard partnership announced today, and the one with Visa , announced this past July , will allow users to pay using funds from their PayPal account while at a store's counter, but use Visa ...More..

GE ups its digital game, snaring two 3-D printing companies
by | Wednesday, September 07, 2016

GE ups its digital game, snaring two 3-D printing companies

With this news GE are bringing the technology in house and this may leave limited upside for companies left outside. The company said previous year that it would sell the bulk of its finance arm, GE Capital. Th...More..

Iran will be ready to negotiate on oil production towards year-end
by | Wednesday, September 07, 2016

Iran will be ready to negotiate on oil production towards year-end

SHANA said that after the meeting with Zanganeh, Bouterfa told the agency that a crude oil price of $50 per barrel was "unacceptable". Critics say any freeze would be mostly symbolic - OPEC is pumping more oi...More..

Tribe files emergency request to block pipeline
by | Wednesday, September 07, 2016

Tribe files emergency request to block pipeline

The oil pipeline is slated to cross the Dakotas and Iowa to IL. "I wasn't expecting them to mace, it came out of nowhere", one protester said. Protesters say Dakota Access security officers released tear ...More..

UK court sentences radical preacher Choudary to 5½ years
by | Wednesday, September 07, 2016

UK court sentences radical preacher Choudary to 5½ years

The trial heard the pair also used speeches to urge support for ISIL after it declared a caliphate in the summer of 2014. During the trial, the jury were shown pictures of Choudary and Rahman at a demonstra...More..

VW to Buy Stake in Navistar, Reports Say
by | Wednesday, September 07, 2016

VW to Buy Stake in Navistar, Reports Say

The US company does most of its business in North and Central America, in a truck market in which demand has eased off. Reuters said the proposed partnership envisions Volkswagen supplying engines to Navis...More..

by | Tuesday, September 06, 2016

Hermine lingers offshore, bringing rough waves, rip currents

Surging tides from the storm could be as high as 5 feet from Chincoteague Island, Virginia, north to Sandy Hook, New Jersey. Labor Day weekend plans that include a beach trip may have to change for residents ...More..

Arriving in China, Obama promotes climate legacy
by | Monday, September 05, 2016

Arriving in China, Obama promotes climate legacy

The 180-nation Paris deal sets goals to limit greenhouse gas emissions and funnel trillions of dollars to poor countries that face much of the worst climate impacts. He hailed Saturday's announcement by the t...More..

Misguided Dakota Access Pipeline protests stall jobs
by | Monday, September 05, 2016

Misguided Dakota Access Pipeline protests stall jobs

Over two dozen protesters were arrested across two states on Wednesday during demonstrations against the Dakota Access Pipeline . The Corps of Engineers and Dakota Access had not responded to the court doc...More..

by | Sunday, September 04, 2016

SolarCity advisor Lazard made mistake in deal with Tesla

Tesla stock gained 0.3% in after-hours trading after falling more than 10% for the week. " Tesla confirmed the message's contents, Bloomberg said". SolarCity has a $250 million term loan due December 31, a...More..

by | Sunday, September 04, 2016

Hanjin bankruptcy causes global shipping chaos, retail fears

If the plan had been accepted, the creditors would have likely converted about 700 billion won of the 5.6-trillion total debt to equity, which would have gained Hanjin about a year in which it could operate nor...More..

by | Sunday, September 04, 2016

Tropical Storm Hermine has formed in Gulf of Mexico

During the briefing with Scott, DEM staff said the storm will likely cross over the state to Jacksonville over about one day. The WLOX First Alert Weather Team still expects zero direct tropical impacts to ...More..

by | Sunday, September 04, 2016

Global stocks lower, except for Tokyo, on Yellen speech

The main focus of the day was the U.S.jobs data, due at 1230 GMT. CURRENCIES: The dollar rose to 102.10 yen from 100.51 yen late last week in Asia. The Nasdaq composite rose 6.71 points, or 0.1 percent, t...More..

Fed's Fischer suggests rate hikes on track for this year
by | Saturday, September 03, 2016

Fed's Fischer suggests rate hikes on track for this year

In sum, Yellen opened the door for a September rate hike with the same hedges she's used in the past. Yellen said the Fed already thinks it is close to meeting its goals of maximum employment and stable price...More..

Wynn Resorts Ltd.'s (WYNN): Keep an eye on Active stock
by | Saturday, September 03, 2016

Wynn Resorts Ltd.'s (WYNN): Keep an eye on Active stock

Galaxy Entertainment Group Ltd. last week reported better-than-expected earnings boosted by its new resorts. Macau stocks popped in trading in Hong Kong, led by Wynn Macau with a 7% gain and Sands China w...More..

Trudeau to launch Canadian Alibaba hub for e-commerce in China
by | Saturday, September 03, 2016

Trudeau to launch Canadian Alibaba hub for e-commerce in China

Canada will apply to join the China-backed Asian Infrastructure Investment Bank, or AIIB, Canadian and bank officials said on Wednesday, making it the latest ally of the United States to join the new worldwide ...More..

Irish government to appeal on Apple tax ruling
by | Saturday, September 03, 2016

Irish government to appeal on Apple tax ruling

Earlier this week, the EC determined that a tax arrangement between the electronic giant and Irish tax authorities - which saw Apple move the bulk of its profits to a company that existed only on paper - amou...More..

by | Saturday, September 03, 2016

English highway closed for 2nd day over collapsed bridge

Catherine Brookes, of Highways England, said: "Safety is our top priority". A pedestrian bridge collapsed Saturday after being hit by a lorry, injuring one and blocking the beneath motorway. "He was physicall...More..

by | Friday, September 02, 2016

Yellen: Case for rate rise strengthened

Speaking at the annual three-day symposium in the USA state of Wyoming, Yellen showed she was cautiously upbeat about the U.S. economy. Her remarks came against differing degrees of short-term "hawkishness" f...More..

Tesla compromise? Autopilot gets updates following accidents
by | Friday, September 02, 2016

Tesla compromise? Autopilot gets updates following accidents

With a severe financial crunch on the horizon, Tesla Motors is planning to raise additional money within the year. It is only upgrading the system through an over-the-air software update , which will run acros...More..

Campbell Soup results hit by weak carrot business
by | Friday, September 02, 2016

Campbell Soup results hit by weak carrot business

A tough quarter for its fresh food business meant Campbell Soup Company (NYSE:CPB) missing market forecasts in its latest quarter. Campbell reported a loss of $37 million, or 26 cents per share for its fiscal...More..

by | Friday, September 02, 2016

New FAA Rules for Commercial Drone Use Now In Effect

The provisions of the new rule - formally known as Part 107 - are created to minimize risks to other aircraft and people and property on the ground. If your proposed operation doesn't quite comply with Part 1...More..

by | Friday, September 02, 2016

German minister says no sense in ending talks but TTIP has failed

TTIP has also not been helped by the Brexit vote in the United Kingdom, whose government has hitherto been one of the most vocal supporters of the plan. France has increased the pressure on the proposed EU-US ...More..

Exhausted of cheap oil, Saudis eye price boost to drive Aramco IPO
by | Friday, September 02, 2016

Exhausted of cheap oil, Saudis eye price boost to drive Aramco IPO

A freeze deal between members of the Organization of Petroleum Exporting Countries and other producers was proposed in February but a meeting in April ended with no final accord. The October Brent contract fell...More..

Pernod Ricard FY16 Profit Rises
by | Friday, September 02, 2016

Pernod Ricard FY16 Profit Rises

Shares in Paris-listed Pernod rose as much as 3pc to €106 after the business posted a 2pc increase in profits from recurring operations to €2.28bn on revenues that rose 1pc to €8.68bn in the year to the end of ...More..

Apple tax ruling is unfair, says former European commissioner
by | Friday, September 02, 2016

Apple tax ruling is unfair, says former European commissioner

Since the EU's argument is based on the fact that the income in question is earned by a subsidiary effectively not liable for tax anywhere, the European Union says that if the United States did tax the money, t...More..

Oreo cookie maker Mondelez abandons bid for Hershey
by | Thursday, September 01, 2016

Oreo cookie maker Mondelez abandons bid for Hershey

Discussions of a possible merger between Oreo owner Mondelez and The Hershey Company have ended after the two companies failed to come to an agreement. Hershey didn't accept the offer, saying talks would nee...More..