usa and canada news

Reliance bolsters its US shale gas assets

Reliance Industries, India’s biggest company by market value, agreed to buy its third shale gas asset in the US this year, acquiring a 60 percent stake in acreages from Carrizo

Reliance bolsters its US shale gas assets

Auto sales hit peak in July

Sales of new automobiles in the United States rose to their highest level of the year in July, as improved access to credit and leasing allowed motorists to replace their ageing
Auto sales hit peak in July

Kinross adds African mines in merger

Kinross Gold Corporation, Canada’s third largest gold producer, has agreed to buy the remaining 91 percent of shares of Red Back Mining Inc.
Kinross adds African mines in merger

New Caterpillar facility in North Carolina will create 400 jobs

Caterpillar has chosen Winston-Salem, North Carolina as the site of its new powertrain components manufacturing and assembly facility.
New Caterpillar facility in North Carolina will create 400 jobs

Smart phones boost Motorola results

Motorola has reported strong second quarter results thanks to consumer demand for its Droid phones, which run on Google’s Android operating system.
Smart phones boost Motorola results

Agnico-Eagle breaks quarterly records

Agnico-Eagle has reported record quarterly revenue, net income and gold production in its second quarter 2010 results, thanks to higher prices for gold, zinc, silver and copper

Agnico-Eagle breaks quarterly records

Hybrid cars do not save you money

Motorists who buy a hybrid vehicle in the belief that it will save them money are mistaken, according to research carried out by the British Columbia Automobile Association (BCA
Hybrid cars do not save you money

Harry Winston re-purchases diamond mine

Harry Winston Diamond Corporation has said it will purchase a nine percent interest in Canada’s Diavik diamond mine from Kinross Gold Corporation for approximately US$220 millio
Harry Winston re-purchases diamond mine

Johnson Controls reports significant third quarter growth

Johnson Controls, a global technology and industrial leader, has reported a 22 percent increase in revenues for the third quarter of fiscal 2010, with higher sales in each of it
Johnson Controls reports significant third quarter growth

Ford reports best quarter for six years

Reporting its second quarter 2010 results today, Ford Motor Company announced the company’s best quarterly performance since the first quarter of 2004, with each of its major bu
Ford reports best quarter for six years

Lockheed Martin named Top-Performing Company by AVIATION WEEK

For an unprecedented third year in a row, Lockheed Martin was named Top-Performing Company in the "Revenues Greater than $20 Billion" category by AVIATION WEEK.
Lockheed Martin named Top-Performing Company by AVIATION WEEK

Apple reports all-time record revenue

Apple has announced record revenue of $15.7 billion and net quarterly profit of $3.25 billion for the third quarter ended 26 June 2010.
Apple reports all-time record revenue

Halliburton profits defy oil spillÔÇöfor now

Oil field services provider Halliburton reported an 83 percent rise in profits for the second quarter, despite the disastrous oil spill in the Gulf of Mexico.
Halliburton profits defy oil spillÔÇöfor now

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