Unfazed by slumping oil prices and battering in the stock market, firms that supply sand and guar gum for shale oil and gas companies are not ready yet to call an end to a four-year boom spurred by hydraulic fracturing technology.
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U.S. shuts down Silk Road 2.0 website, charges alleged owner
U.S. authorities said Thursday they have shut down the successor website to Silk Road, an underground online drug marketplace, and charged its alleged operator with conspiracy to commit drug trafficking, computer hacking, money laundering and other crimes.
Alibaba's Ma: Beijing APEC summit could complicate 'Singles Day' deliveries
Alibaba Group Holding Ltd's Executive Chairman Jack Ma said on Friday the e-commerce giant's deliveries in the annual Nov. 11 'Singles' Day' shopping event could be affected by next week's Asia Pacific Economic Cooperation (APEC) summit in Beijing.
GT Advanced says fell victim to 'bait-and-switch' by Apple
Apple Inc pulled a "bait and switch" move to force GT Advanced Technologies into a money-losing deal to supply the iPhone maker with sapphire, according to an affidavit by a senior executive at the company.
Uber looks to pick up another $1 billion in equity
U.S. taxi service firm Uber said it is in early talks with investors to raise money at a higher valuation than $17 billion it secured with June's round of funding, Financial Times reported on Friday citing people familiar with the matter.
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Kenya's Safaricom (SCOM.NR) and U.S. company MoneyGram International (MGI.O) have agreed a deal for money to be sent from abroad to Kenya through their money transfer services, targeting more than $1 billion sent in remittances every year.
Labor unions at Italy's Monte dei Paschi di Siena (BMPS.MI) on Thursday urged the Italian government to resist what they said was pressure from the European Union for the bank to merge with another group.
PepsiCo (PEP.N) said President Zein Abdalla will retire from the soda and snacks maker by the end of the year, in the second departure of a senior executive in recent months.
Italian utility Enel (ENEI.MI) could raise 3.1 billion euros ($3.8 billion) with the flotation of up to 22 percent of its Spanish subsidiary Endesa (ELE.MC) on the stock market, according to the prospectus lodged with regulators on Thursday.
Potential buyers from at least six leading oil companies have visited Citgo Petroleum Corp’s refinery in Illinois and three firms have shown keen interest in its Texas plant, four sources familiar with efforts to sell the assets said.
Home Depot Inc (HD.N), the world's largest home improvement chain, said about 53 million email addresses were stolen during a recent breach of its payment data systems, in addition to some 56 million payment cards previously disclosed by the retailer.
Chicago-based United Airlines is in talks with Embraer SA (EMBR3.SA) and Bombardier Inc (BBDb.TO) to buy new narrow-body planes, Bloomberg reported citing people familiar with the matter.
Monte dei Paschi di Siena (BMPS.MI) will tap investors for up to 2.5 billion euros next year to fill a capital deficit laid bare by recent stress tests and pay back state aid in a move bankers said would prepare the Italian lender for a likely takeover.
Hedge fund Elliott Associates may take legal action against pharmaceuticals company AbbVie Inc for scuttling a merger deal with Shire Plc.
