Business

Families plead for answers in Australian theme park deaths

Officials at the company's annual general meeting said they would offer financial assistance to the families, but rejected media reports that park staff had closed the ride hours before the accident due to safety concerns, only to be pressured into reopening it.

Business

AT&T's deal with Time Warner could cost customers, critics say

Stephenson has spoken publicly about his desire to own valuable programming. It's now official as America's AT&T has finally agreed to take over Time Warner , HBO and CNN owner, in a reported deal that could total a massive $85.4 billion.

Business

OPEC talks production cuts at previously unannounced meeting

Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo recognized on Saturday Russia's constructive role in the discussion on stabilizing the oil market, the opening remarks, published on the official OPEC website following meeting of the High-level Committee of the Algiers Accord, said.

Business

New Qashqai safeguards 28000 Nissan supply chain jobs

A Nissan spokeswoman wouldn't say whether Thursday's decision will result in higher output or more jobs at the plant, only that the production of the new models would start in "a few years". Theresa May has been straight out of the traps to hail the decision as a "vote of confidence" that "shows Britain is an outward looking, world leading nation".

Business

CenturyLink nears deal to merge with Level 3

At the time, Level 3 officials said the combined company had a value of $27 billion. LLC increased its stake in shares of Level 3 Communications by 37.0% in the second quarter. The stock was sold at an average price of $45.81, for a total value of $282,647.70. Noteworthy Analyst Rating of CenturyLink, Inc. Year to date, the company's stock had fallen more than 14 percent before the talks were reported.

Business

UPS Boeing 747 order keeps program on life support

UPS Airlines president Brendan Canavan said the aircraft "are a strategic investment for increased capacity for UPS customers around the globe". The UPS order, which includes an option for 14 more 747s, reflects growing demand for air freight, chief executive David Abney said.