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Enbridge Inc profit feels the weight of oilpatch downturn

Enbridge Inc., Canada’s largest pipeline company, said second-quarter profit fell as the downturn in the energy industry affected how much oil and natural gas the company processed and shipped. 182 more words

Breaking

Olympic Committee selects Beijing to host for 2022 Winter Games after surprisingly close vote

KUALA LUMPUR, Malaysia — Beijing was selected Friday to host the 2022 Winter Olympics, becoming the first city awarded both the winter and summer games. 702 more words

News

HTC Spends Nearly $10M On A 15% Stake In Virtual Reality Platform WEVR

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HTC is planning to release its extremely well-received virtual reality headset Vive to consumers later this year, possibly in November. In the meantime, the Taiwanese company is busy building out its VR ecosystem. 36 more words

Startups

Bala Mohammed To Emerge New PDP Chairman – Ibrahim Biu

Reports indicate that the former Minister of the Federal Capital Territory (FCT), Senator Bala Mohammed has been penned-down to become the next chairman of the People’s Democratic Party (PDP). 241 more words

Latest News

SMB Lending Platform Iwoca Raises $20M To Expand In Europe

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Iwoca, one of the booming cluster of fintech startups coming out of London, has raised a $20 million series B round from the VC arm of Germany’s CommerzVentures, Acton Capital Partners, the Munich-based private equity and VC firm Redline Capital and other existing investors. 32 more words

Business

Police are still investigating suspicious incident

University of Georgia Police removed a suspicious package from the Instructional Plaza near the Center for Learning on campus Thursday afternoon. UGA Department’s Explosive Ordinance Disposal unit went to the site after a campus groundskeeper discovered a camouflage backpack with wires and metal sticking out near a row of bushes. 416 more words

Breaking