COMPANIES

Efforts made by Chevron Brazil officials to control an ocean-floor oil leak off the coast of Brazil continue.

Netflix and Lionsgate UK jointly announced a new multi-year licensing agreement Monday, making Netflix the exclusive subscription streaming service in both the United Kingdom and Ireland for first-run films produced by Lionsgate.

J.C. Penney Co Inc issued a tepid holiday sales forecast compared to its rivals and said it expects further decline in gross margin, showing how much work lies ahead as new CEO and former Apple Inc executive Ron Johnson tries to turn around the department store chain.

British luxury automobile brand, Rolls Royce, has announced a 30 percent growth in sales, for the year to date, as compared to a similar period in 2010; the company claims to have recorded double digit growth across the world.

Budget carrier SpiceJet will evaluate selling stake to a foreign carrier if the government were to change foreign direct investment rules.

Cloud computing could be key for Oracle's (NASDAQ:ORCL) future and the company's recent acquisition of RightNow implies it is making the right moves in this space.

The board of cash-strapped Kingfisher Airlines will consider on Monday a proposal to cut its about $1.3 billion debt by more than half.

A paint capable of leaching acrylonitrile, a tumor-causing toxin, was used to paint the water tanks of up to 50 cruise liners owned by cruise companies including Royal Caribbean, Norwegian Cruise Line, and others in 2004.

Black Friday 2011 is Nov. 25, and with retailers predicting record numbers of shoppers swarming stores the day after Thanksgiving, it's good to have some tips for nabbing the best sales. Follow these top ten tips, from where to look online for early deals to warranty checks and getting bigger sales, we predict 2011 will be your best shopping year to date.

A North Carolina couple is suing Air Tran Airways, claiming that their flight had cockroaches coming out of air vents and storage areas. The flight staff, they alleged, ignored their concerns.

Swiss drugmaker Roche Holding AG does not need a new cost-cutting program after it announced a big savings plan last year, Chairman Franz Humer told a newspaper on Sunday.

Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears of stalling global growth.

The UBS board will appoint Sergio Ermotti as permanent CEO shortly before a keenly awaited investor day on Thursday, a Swiss newspaper reported Sunday.

Japan's securities watchdog may recommend that a levy be imposed on the Olympus Corp. for false financial reports, a source said Sunday. The move could prevent a delisting of the company's shares over one of the country's biggest corporate scandals.

A Boeing Co. airplane order worth as much as $15 billion from host airline Emirates looked set to fire up the Dubai Air Show on Sunday as Gulf airlines expand in the face of growing fears over the world economy.

F. Scott Frazier, who wrote The Numbers Station and Line of Sight, has sold his newest spec script to the British production company/financier Between the Eyes, TheWrap has learned.

Debt-laden mobile phone carrier Reliance Communications posted its ninth straight drop in quarterly profit.

German automobile manufacturer, Audi, has won top honors in the Midsize/Luxury Class category, for its Audi A6, at the 2011 Golden Steering Wheel awards.

State-run retailers may cut gasoline prices from Nov. 16, an industry source said. It will be the first cut in nearly three years and the first in the 18 months since the government liberalized it.

US officials have launched an investigation to scrutinize the safety of lithium-ion batteries used to power electric vehicles after a General Motors Chevrolet Volt caught fire after a routine test.

Hip-hop mogul and entrepreneur Jay-Z and his clothing company, Rocawear, began selling Occupy Wall Street-themed T-shirts on its Web site Friday, causing some controversy over how Rocawear plans to manage the sales profits.

Multiple companies have requested to ESPN that their advertisements not be aired during the Penn State football game Saturday, where the team will take on Nebraska in State College, Pa.

Company refuses to comment on agreement that could cost company its share of Iraq's giant southern oil field.

An apartment at Waldorf Towers in Manhattan has been listed this week for a sky-high rent of $130,000 per month, making it the most expensive active rental listing in the city.

A new national study from UC Davis researchers of restaurant dining as related to income conveys that fast-food dining and consumption become more frequent as wages increase from low- to middle-class individuals and families.

U.S. regulators are investigating the safety of batteries used to power electric vehicles after a General Motors Co Chevrolet Volt caught fire following a routine crash test.

In an emailed statement, the Canadian-listed, China-focused company said that it is cooperating with the Royal Canadian Mounted Police (RCMP) in their investigation, but gave no details. An RCMP spokesperson was not immediately available for comment.

Canadian railroads reported 80,439 carloads for the week ended Nov.5, 2011, up 2 percent compared with the same week last year, and 52,025 trailers and containers, up 7.2 percent compared with 2010, according to the Association of American Railroads.

The government and the Bank of Canada agreed on Tuesday to renew without change the central bank's five-year mandate to target a 2 percent overall inflation rate.