Monday, January 18, 2016

Tennis Officials Reject Allegations About Match Fixing

Tennis officials denied a report that the professional tour has failed to act on concerns of match fixing raised by suspicious betting patterns.

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Renault Set to Appear Before Emissions Commission

Renault executives are set to appear before a French government commission later Monday to explain why some of its cars have exceeded emissions limits, the French auto maker has confirmed.

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Woolworths and Lowe's Exit Home-Improvement Venture

Australian retailer Woolworths and U.S. partner Lowe’s are exiting their unprofitable home-improvement store venture, which has struggled to take market share from rival Bunnings.

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Wipro Net Profit Up in Third Quarter

The outsourcer reported a 1.7% rise in its fiscal third-quarter net profit as the firm continues to grapple with a changing technological landscape.

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Sunday, January 17, 2016

Suncor, Canadian Oil Sands in Talks for Friendly Takeover

Suncor Energy Inc. is working on a friendly transaction to raise its all-stock offer for rival Canadian Oil Sands Ltd., and an announcement about the deal could come as early as Monday.

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SpaceXStumbles in Landing Booster

Elon Musk’s space-transportation company SpaceX failed to successfully land the main part of a spent rocket on a floating ocean platform. And while the mission carried out the primary aim of blasting a scientific satellite into orbit, it fell short of showing its prowess in rocket-reusability.

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EU to Scrutinize Big Data Usage by Large Internet Firms

The EU is considering whether the way large Internet companies, such as Alphabet’s Google or Facebook, collect quantities of data is in breach of antitrust rules.

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