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Marathon Petroleum to buy rival US petroleum refining company Andeavor for $23.3bn

Marathon Petroleum to buy rival US petroleum refining company Andeavor for $23.3bn

Marathon Acquisition of Andeavor : US petroleum refining company Marathon Petroleum has agreed to acquire rival oil refining company Andeavor (formerly known as Tesoro) for $23.3 billion. Marathon Acquisition of Andeavor Marathon acquisition of Andeavor is expected to create a top US integrated energy company with an initial enterprise value of over $90 billion, and […]

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Curlkit offers Shea Moisture Red Palm Oil hair care products to subscribers

Curlkit offers Shea Moisture Red Palm Oil hair care products to subscribers

Cosmetic industry news : Curlkit has partnered with Shea Moisture to bring its new Red Palm Oil hair care product range to customers through the Curlkit’s April 2018 subscription box in the US. According to Curlkit, Shea Moisture’s new hair care products give length and volume to healthy afros and curly-coily hair, which are more […]

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Xcel Energy gets approval for Hale wind project & Sagamore wind project

Xcel Energy gets approval for Hale wind project & Sagamore wind project

US wind industry news : Xcel Energy, a US electric utility company has secured the approval from the Public Utility Commission of Texas to move ahead with its plan to add 1.23GW of new wind energy. As part of the plan, Xcel Energy will build and own two wind farms in the states of Texas […]

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Business News Today – Amazon increases Prime membership in US by $20

Business News Today – Amazon increases Prime membership in US by $20

Online retailing giant Amazon has increased the subscription rate of its Prime membership for US subscribers by $20 to add a windfall to the revenue made through its subscription services. With the $20 hike, Amazon Prime membership for US subscribers will now move up from the existing yearly fee of $99 to $119 this spring. […]

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Business News Updates – Wall Street sees mostly higher ending

Business News Updates – Wall Street sees mostly higher ending

ANI has reported on that Wall Street has wrapped up the day on Saturday mostly higher. The US gross domestic product came in at 2.3% annualized pace in the first quarter, slower than in the previous quarter, but better than the anticipated growth of 2%. A different set of data revealed that wages surged at […]

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150 new tech jobs at Argos as catalogue retailer pushes for digital growth

150 new tech jobs at Argos as catalogue retailer pushes for digital growth

New tech jobs at Argos : British catalogue retailer Argos, a subsidiary of supermarket company Sainsbury’s, said that it will add 150 new tech jobs to support its growing digital business with an aim to further improve the shopping experience of its customers. The new 150 roles will be for technology and digital specialists in […]

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Sainsbury’s in advanced discussions to acquire Asda from Walmart

Sainsbury’s in advanced discussions to acquire Asda from Walmart

Retail acquisition news : British supermarket company Sainsbury’s and Walmart-owned Asda Stores are reported to be in talks over a £10 billion merger deal in a move to create the largest UK supermarket chain. The potential Sainsbury’s and Asda merger has been confirmed by the former on Saturday, reported Reuters. Sainsbury’s is currently in advanced […]

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Mahesh Babu, first superstar to get wax statue at Madame Tussauds

Mahesh Babu, first superstar to get wax statue at Madame Tussauds

Mahesh Babu is all set to have his wax statue at Madame Tussauds in London and he shared his happiness himself in his twitter post. Prabhas’s character in Baahubali was the first Telugu film character to get a wax statue at prestigious Madame Tussauds. And Mahesh Babu is the first actor to get his wax […]

Lamb Weston, Belaya Dacha open Lipetsk French fry factory in Russia

Lamb Weston, Belaya Dacha open Lipetsk French fry factory in Russia

Food processing news : Lamb Weston / Meijer and Belaya Dacha Group have opened their jointly owned RUB8.7 billion (€115 million) French fry factory in Lipetsk in western Russia. Lipetsk French Fry Factory in Russia According to Lamb Weston / Meijer, the French fry plant will help in meeting almost all of the import demands […]

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Nestle launches Nestle Crunch Dark and Buncha Crunch Dark in US

Nestle launches Nestle Crunch Dark and Buncha Crunch Dark in US

Confectionery industry news : Nestle has launched two new permanent additions to its Nestle Crunch range in the form of Nestle Crunch Dark and Buncha Crunch Dark in the US. Nestle Crunch Dark Nestle Crunch Dark is a 100% real dark chocolate, which is available in a single bar package, weighing 1.5 oz and prized […]

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