Target is about to abandon its expansion in Canada, in just two years of its launch in the country. Target is all set to bid farewell to Canada even much earlier than its plans. The company operates in almost 133 location across the nation which are expected to shut down permanently by middle of...

Ford Plant opened in Gujarat will almost double its production capacity in India. Ford plans for establishment of new plant worth $1 billion in India, is one of the massive investments made by the company in Asia. The aim is to expand the export from India to almost three times its present levels....

There is a growing trend by Governments and NGOs that CSR consist of concrete substantial steps and not just an exercise in window dressing. A consortium of US based organizations have filed a lawsuit against the U.S SEC, which is trying to bring about greater transparency in their working. 2014...

Bain capital’s accounting software firm MYOB is set to launch a $2.8 billion IPO, which will also be the largest float of the year. The US-based private equity firm is looking to raise around $700 million to $800 million through the IPO which will debut at the end of April in the stock exchange....

Pepsi has outranked Diet Coke to get the much-coveted no.2 position in the beverages market share in America, according to an annual report by Beverage Digest. The country bough less soda for the tenth straight year in 2014, with diet sodas shrinking more than their sugary counterparts. The...

Australian telecommunications and IT company TPG Telecom has announced that it will acquire Perth-based Internet service provider and fixed-line telecommunications company iiNet in a move that will make the combined strength of the two companies the second largest fixed-line telecommunications...

Anglo-Dutch oil company Royal Dutch Shell has completed the sale of mineral rights in the Niger Delta to Nigerian company Aiteo Eastern E & P Co. for $ 1.7 billion, reports Bloomberg. Shell is reviewing its asset portfolio in Nigeria. In a statement, the company says that the government is...

Business output of Eurozone climbed for consecutive four months and attained new heights since May 2011. Eurozone businesses soared in March and hit the 46 month high record. This ramp up took place just when the European Central Bank started printing currencies to stimulate growth and inflation....

A platform for promotion of small and medium-sized businesses in the Internet Solomoto sold its 25% stake in to a number of investment funds for $ 10.8 million. The company plans to spend the money on international expansion. Founded by Pavel Romanovsky, co-owner of Socialist Media, the online...