Australian oil major Oil Search Ltd has rejected the $8B takeover bid from Woodside Petroleum. Oil Search's board viewed the takeover offer as low price translating into lower valuation of the company and it doesn't serve shareholders' interests.

Sep 14, 2015 09:43 AM EDT

AIrbus will officially opened its $600 million plant in Mobile, Alabama. The plant will be the most efficient that the company ever build in an effort to rival Beoing production and growing their presence in the United States.

Sep 14, 2015 02:17 AM EDT

Vista Equity Partners together with Goldman Sachs and Koch Industries offers to buy Solera Holdings Inc for a total of $6.5 billion including net debt. The deal will also see Vista buying the company's share at $55.85 per share in cash making it as the biggest acquisition for the firm.

Sep 14, 2015 02:03 AM EDT

In about 10 years, consumers of McDonald's will eat eggs lain by free-roaming chickens. This is good news for hens and animal welfare groups but will costs more to egg suppliers.

Sep 14, 2015 01:56 AM EDT

Twitter's live streaming app, Periscope, updates its features. That includes broadcasting in the landscape mode, broadcast privacy options and Facebook sharing.

Sep 14, 2015 01:47 AM EDT

Diageo Plc plans to raise its stake in Guinness Nigeria Plc to 70 percent, which is a deal worth $200 million.

Sep 22, 2015 02:33 AM EDT

Stephen Colbert's The Late Night Show interview with Uber CEO Travis Kalanick was interrupted when two cabbies yell at the audience protesting how the CEO is killing the taxi industry.

Sep 14, 2015 01:38 AM EDT

Serbian's central bank slashed interest rate for the second month in a row. Though it was on expected line, but the suddent announcement surprised everyone. The move aimed at strengthening economy growth. the GDP growth rate is at low ebb, but it's recovering from the previous year's contraction.

Sep 14, 2015 01:35 AM EDT

Lockheed-Boeing joint venture, United Launch Alliance is planning to expands their partnership with Blue Origin. The news comes in as Aerojet Rocketdyne Holdings offer a cash bid of $2 billion to buy the venture.

Sep 14, 2015 01:32 AM EDT

T-Mobile’s Jump on Demand plan shines like a good deal but only for T-Mobile loyals, according to several expert opinions.

Sep 11, 2015 08:59 AM EDT

Toyota announced the company will suspend its day production in three plants located in Miyagi until further notice, as a safety precaution. Japan have been hit by flood after Typhoon Etau hits the country.

Sep 11, 2015 09:06 AM EDT

The US-based beauty products company Avon is making every effort turn it around. To raise the funds, the company is tapping PE route in addition to exploring stake sale. After the fund raising news hit the market, shares become highly volatile on NYSE.

Sep 11, 2015 08:47 AM EDT