usa and canada news

GM announces IPO

General Motors has filed an application with the Securities and Exchange Commission as the first step towards an initial public offering (IPO) which is expected to be one of the
GM announces IPO

US industrial output grows

According to figures released by the Federal Reserve, US factory output grew in July at its fastest rate for nearly a year, suggesting that the recovery from recession might not
US industrial output grows

Hunting to buy Innova-Extel

UK-based energy services group Hunting is to buy US electronics company Innova-Extel for $125 million to boost its well construction unit, it has been announced.
Hunting to buy Innova-Extel

Home Depot reports improving results

The Home Depot, the world's largest home improvement retailer, today reported second quarter net earnings of $1.2 billion, compared with net earnings of $1.1 billion in the same
Home Depot reports improving results

Lockheed Martin demonstrates Versatile Advanced Monitoring System (VAMS)

Scientists and engineers at Lockheed Martin have demonstrated an innovative perimeter security system for government and commercial applications.
Lockheed Martin demonstrates Versatile Advanced Monitoring System (VAMS)

Centrica in Canadian asset deal

The UK’s biggest energy supplier, Centrica, will buy natural gas assets in Canada from Suncor Energy in a deal worth £229 million.
Centrica in Canadian asset deal

GM announces new CEO

After reporting profits for two consecutive quarters, General Motors Co. has announced that its CEO Edward E. Whitacre Jr.
GM announces new CEO

General Motors: Q2 earnings fuel IPO speculation

General Motors Co.
General Motors: Q2 earnings fuel IPO speculation

Ontario to host wind blade factory

Germany's Siemens is to build wind turbines to supply as much as 600 megawatts of energy for the Canadian province of Ontario under an agreement reached with Samsung C&T, it
Ontario to host wind blade factory

Beacon Power closes $43 million loan

The US Department of Energy has finalized a $43 million loan guarantee for a company's flywheel energy storage plant, which is expected to enable greater use of solar and wind p
Beacon Power closes $43 million loan

Aecon to acquire Cow Harbour Construction

Aecon, Canada's largest public construction and infrastructure development company, has signed a letter of intent to purchase oil sands mining contractor Cow Harbour Constructio
Aecon to acquire Cow Harbour Construction

AECOM expands through acquisition

Technical and management support services consultancy AECOM Technology Corporation has strengthened its global footprint with an agreement to acquire Davis Langdon, a UK-based c
AECOM expands through acquisition

Inmarsat in strategic satellite investment

UK company Inmarsat has ordered a fleet of three advanced satellites from Boeing for about £629 million, in order to deliver faster broadband service to customers by the end of

Inmarsat in strategic satellite investment

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