usa and canada news

Safeway sale continues the trend for consolidation in the US

An investment group led by Cerberus Capital Management has agreed to purchase the US supermarket firm Safeway
Safeway sale continues the trend for consolidation in the US

Record year for Buffett and Berkshire

Berkshire Hathaway, the investment firm run by Warren Buffett, achieved record profits last year
Record year for Buffett and Berkshire

Mozilla to enter the world of low-cost mobile phones

Mozilla has unveiled a prototype for a $25 smartphone to target the developing world
Mozilla to enter the world of low-cost mobile phones

Leading drugmaker Actavis makes record acquisition

Actavis, the second largest generic drugmaker in the world, is to pay $25 billion to purchase Forest Laboratories
Leading drugmaker Actavis makes record acquisition

DisneyÔÇÖs Snow Queen adaptation contributes towards record income

Walt Disney has reported record earnings for the last three months of 2013
DisneyÔÇÖs Snow Queen adaptation contributes towards record income

Galileo Resources to spread its wings

The rare earth elements (REEs) exploration and development company, Galileo Resources, is set to venture outside its focus area thanks to the purchase of a gold-copper property

Galileo Resources to spread its wings

MicrosoftÔÇÖs year of transition begins on a high

Microsoft has reported better-than-expected fourth quarter earnings for 2013
MicrosoftÔÇÖs year of transition begins on a high

Volkswagen chasing its own American Dream

Volkswagen is to invest some $7 billion in North America over the next five years
Volkswagen chasing its own American Dream

Facebook a step closer to becoming a real-time social content provider

Social networking giant Facebook has made the start-up firm SportStream its latest acquisition
Facebook a step closer to becoming a real-time social content provider

Mexico to open up its oil and gas deposits to foreign investment

Mexico’s Senate has approved a landmark measure that represents the biggest change to the country’s oil and gas industry for 75 years
Mexico to open up its oil and gas deposits to foreign investment

Stage is set for megabus growth in the US

Perth-based transport firm Stagecoach has said that there is significant potential for the business to expand in the US
Stage is set for megabus growth in the US

Destination Brazil for Jaguar Land Rover

Jaguar Land Rover (JLR), the luxury car unit of India’s Tata Motors, is to build a car plant in Brazil capable of producing some 24,000 vehicles a year
Destination Brazil for Jaguar Land Rover

Apple snaps up data analysis company

Apple has made its second acquisition in as many weeks, purchasing social media data analytics firm, Topsy Labs
Apple snaps up data analysis company

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