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1748 Business Articles

Italy’s GTECH to buy IGT for $6.4 Billion

GTECH, Italy's lottery operator, said it will buy Las Vegas-based slot machine maker International Game Technology (IGT) for $4.7 billion.

Cost of Living in UK Rises, Affects Young People

Young Britons have been hit hardest by the rise in cost of living, says a report by the Institute for Fiscal Studies (IFS).

Tesco Chief Exec to Step Down

Britain's biggest retailer, Tesco, have announced that Chief Executive Philip Clarke will step down in the later part of 2014.

BSkyB in £5 Billion Deal to Create Sky Europe

BSkyB is paying £4.9bn to take over Rupert Murdoch's pay TV companies in Germany and Italy after some record viewing figures.

Park Inn Opens at Pulkovo Airport in St. Petersburg

The Park Inn hotel offers 200 rooms and suites and has direct connection to the newly build Terminal 1 at Pulkovo Airport.

Sappi Reports Quarterly Profit as Cost Cuts Offset Weak Prices

Sappi Ltd., the world's biggest producer of dissolving wood pulp, reported a third quarter profit after cost cutting to offset price changes.

Shell : Second Quarter Earnings More Than Double

Royal Dutch Shell posted a jump in quarterly earnings on Thursday, as its newly-installed CEO works to cut costs and streamline projects.

Whirlpool Enters into Agreements to Acquire Majority Interest in Indesit

Whirlpool Corporation (NYSE: WHR) and Fineldo S.p.A. announce that they have entered into a binding agreement for the sale of Fineldo’s stake in Indesit Company S.p.A. (BIT: IND).