North America

P&G to sell soap brands Camay and Zest to Unilever

Procter & Gamble Co said it would sell its soap brands Camay and Zest to Unilever Plc for an undisclosed amount to focus on its faster-growing brands.

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Couche-Tard aims for top convenience store spot with Pantry buy

Canada's Alimentation Couche-Tard Inc (ATDb.TO) will buy smaller U.S. rival Pantry Inc (PTRY.O) for about $861 million, a deal that positions it as one of the top convenience store operators in North America.

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U.S. gasoline prices fall to four-year low: Lundberg survey

The average price of a gallon of gasoline in the United States has dropped one dollar since early May, the lowest price in more than four years, according to the Lundberg survey released Sunday.

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Tesla third-quarter loss doubles to $75 million, shares jump

Tesla Motors Inc (TSLA.O) shares rose more than 7 percent in after-hours trading on Wednesday after the electric-car maker beat analysts' expectations for third-quarter results.

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Toshiba and United Technologies ink deal to expand outside Japan

Toshiba Corp said it had signed an agreement with United Technologies Corp to strengthen strategic collaboration through their joint venture, Toshiba Carrier Corp, which develops air-conditioning equipment.

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Japan insurer Tokio Marine sees more M&A opportunities in North America

Japan's Tokio Marine Holdings Inc sees many attractive acquisition opportunities in North America, its chief executive said, even after spending more than $7 billion to buy insurance companies there in the last six years.

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GM recalls 117,651 vehicles for potential electrical short issue

General Motors Co (GM.N) on Thursday said it is recalling 117,651 newer vehicles in North America because a possible manufacturing defect could cause an electrical short and increase the risk of a crash.

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Kinder Morgan builds out Gulf Coast logistics hub in U.S. oil boom

To capitalize on a flood of domestic and Canadian crude into the U.S. Gulf Coast, logistics giant Kinder Morgan Energy Partners is spending more than $1.5 billion in Houston to build the most flexible oil and fuel transport hub in the country.

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Atlanta security software firm Damballa pockets $13M in funding for growth

Atlanta, US-based security software provider Damballa pocketed $13 million in venture funding from its existing investors to beef up its sales force and support its growth campaign in North America.

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Mars Inc. to acquire Procter&Gamble's pet care brands valued USD2.9 billion

Mars Inc. announced on Wednesday that it would acquire the pet care brand names of Procter&Gamble in a deal valued USD2.9 billion, reported Reuters.

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Plug Power Inc. acquired ReliOn for USD4 million

Plug Power Inc. acquired ReliOn Inc. in an all stock deal valued USD4 million, reported Reuters.

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Arizona's Simpleview buys CRM solutions provider Software Management

Tucson, Arizona-based destination marketing solutions provider Simpleview bought Pittsburgh, Pennsylvania-based customer relationship management (CRM) solutions firm Software Management Inc (SMI) for an undisclosed sum to expand its client base.

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Costa Rican startup Natural Sins helps fight obesity by making snacks made of fruit and vegetables

San Jose, Costa Rica-based healthy food startup Natural Sins sells baked snacks made of real fruits and vegetables in a bid to help fight obesity.

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Illinois-based packaging firm Arpac adds Lambert Material Handling

Illinois, US-based specialist packaging supplier Arpac added New York-based conventional palletiser manufacturer Lambert Material Handling for an undisclosed amount to increase its portfolio of packaging solutions.

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San Francisco startup Spellgun launches to bring Western mobile games to China

San Francisco, US-based startup Spellgun launched today to bring Western mobile games to China's mobile market under a partnership with video game art outsourcing firm Concept Art House and Chinese firm Talkweb.

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