North America

Del Monte Pacific agrees to purchase Del Monte Foods Co

Philippines-based Del Monte Pacific agreed to acquire San Francisco-based Del Monte Foods Co for USD 1.68 billion.


Citizens worth more if sold- banker

The American retail banking unit of the Royal Bank of Scotland would be worth more if sold, according to a Wall Street banker.

US veterans to take deadlock protests to White House

US veterans had protested in Washington last Sunday in fear that their benefits might be affected if no agreement would be reached to end the partial shutdown of the government.

Netflix talks with US cable firms for streaming service- WSJ report

The Wall Street Journal reported that Netflix was in early-stage talks with US cable companies to make its streaming video service available to subscribers using their set-top boxes.


Latest News

Israel-based Elbit Systems would be making the pilot helmets for the F-35 Joint Strike Fighters. The pilot helmets for the F-35 Joint Strike Fighter would be exclusively manufactured by Israel-based firm Elbit Systems and its US partner, Rockwell Collins.
Social Security continued to wait for their benefit increase announcement for their cost-of-living adjustment.
US Senators struggled to end the partial government shutdown as the nation's deadline on incurring a default on debt draws near, said a Reuters report.
Banking regulators now are empowered to confiscate and break up a financial institution if bankruptcy would only hurt the economy.
The proposal to extend the debt ceiling another six weeks is untenable, according to US President Obama, causing a further delay in the deal.
The position of COO was created and an old hand resigns from the company, according to Athabasca Oil Corp announcement.
Pennzoil's "Mission: ABLE" program donated three vans to three veterans for their specialized needs.
Deutsche Bank co-CEO Anshu Jain and JP Morgan CEO Jamie Dimon join chorus on US government breaking gridlock on budget and debt ceiling.
Co-CEO Anshu Jain of Deutsche Bank said investigations of wrongdoing further eroding public trust in financial markets.
Emerging markets cry foul over the continued inaction on 2010 reforms passed in the International Monetary Fund.