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Cut price deal sees The Boston Globe sold

John W Henry, owner of the Boston Red Sox baseball team and Liverpool Football Club, is to purchase one of the most prestigious newspapers in the US, The Boston Globe

AfricaÔÇÖs growth spurt to continue

The World Bank has reaffirmed its belief that economic growth in sub-Saharan Africa will outpace the global average over the next three years

GM: Q2 profits almost double

Reporting its sixth consecutive profitable quarter, General Motors today announced second quarter net income attributable to common stockholders of $2.5 billion, an increase of

UK invests in green energy skills

The UK government has announced a £6.5 million investment in engineering skills for the renewable energy industry.

Western Coal and Walter Energy discuss possible business combination

Just a week after declaring record results for its second quarter, Western Coal is back in the news after an approach from Walter Energy, Inc, a US producer and exporter of hard

Successful launch for SpaceX

Space Exploration Technologies (SpaceX) has become the first commercial company to launch a spacecraft mission to the International Space Station.

Walmart to boost sourcing of US products

Walmart today announced a commitment to increase US sourcing of its products by $50 billion over the next ten years.

Mine Master Ltd

International tourism hits one billion in 2012

One billion tourists have travelled the world in 2012, marking a new record for international tourism, a sector that accounts for one in every 12 jobs and 30 percent of the worl

Mexico hosts G20 and joins Trans-Pacific Partnership

While Europe continues to dominate the agenda, Mexico has achieved a couple of milestones today in the international arena.

BHP Billiton to sell Arizona copper mine

The world’s largest miner, BHP Billiton, has signed an agreement to sell its Pinto Valley operation to Capstone Mining Corp

An advert worth paying attention to

A billboard situated just outside of Lima, Peru is providing more than just a visual service. It is also providing clean drinking water to whoever needs it.

Office Depot to acquire OfficeMax

In a move that marks the first step towards the long-expected consolidation of the office supplies sector, Office Depot has agreed to buy its rival OfficeMax for around $1.2 bil