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Walmart offers $2.32 billion for control of South African retailer Massmart

Walmart announced today that it has made a cash offer of $2.32 billion (16.5 billion rand) to acquire a controlling 51 percent interest in South Africa's Massmart Holdings Ltd,

BA and union settle dispute

British Airways and the Unite union have finally reached an agreement that will see an end to their long-running dispute.

Yonkers raceway

A $285 million investment at Yonkers Raceway has equipped the venue for the 21st century

Harley-Davidson results improve in 2010

After a poor 2009, and despite making another loss, Harley-Davidson has reported encouraging results for year ending 31 December 2010.

Toyota retains largest carmaker crown

Toyota remains the world’s largest carmaker by sales having sold 9.98 million vehicles during 2013

Tullow signs deal with Mauritania

Tullow Oil has agreed new production sharing contract (PSC) arrangements with the government of Mauritania and its joint venture partners, allowing it to progress exploration in

GSK to acquire Cellzome

GlaxoSmithKline (GSK) has today announced that it will fully acquire Cellzome, a developer of proteomics technologies, for £61 million.

US Navy awards $7 billion of contracts

The US Navy has awarded contracts worth a total of more than $7 billion to build 20 of its new Littoral Combat Ships to Lockheed Martin and Austal USA.

Solar initiative in Michigan

Detroit-based energy company DTE Energy is to install a photovoltaic system on the roof of a high school in Michigan as part of its $100 million SolarCurrents program.<

Smartphone shipments cross the one billion mark

For the first time in a single year more than one billion smartphones were shipping during 2013

UK SMEs should do more safety training, survey shows

In a survey conducted by YouGov for Seton 22 percent of firms said no one, or only one person, at their workplace has received workplace health and safety training

VW mulling truck takeovers

Volkswagen is devising a plan to take full control of Swedish truckmaker Scania and Germany’s MAN, according to reports.

Glencore-Xstrata merger leaps over its final hurdle

China has approved the merger of commodities trader Glencore and mining group Xstrata

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