Oil prices have plunged 60% over the past six months and have hit companies hard.
New agreement comes after US judge rejected $324.5m settlement offered in 2014, saying compensation is too low.
Smartphone major Xiaomi aspires to be a noteworthy player in media content as well.
US judge reduces company's spillage liability to 3 million barrels, 24% less than claims by federal prosecutors.
During Ross Ulbricht's trial, the defence alleged that Karpeles was running the online black market Silk Road.
Target has 133 stores in Canada, employing 17,600 people
American retailer Target said on Thursday it will cease operations in Canada and has filed for creditor protection for its Canadian subsidiary in a surprise move that could put its 17,600 employees in the country out of work.
Exclusive: The employer's headcount across the region is expected to hit 500 by the end of the year.
The Enterprise Finance Guarantee scheme was designed to help firms find credit.
The 2013 Wimbledon winner has unveiled a logo that will be emblazoned on his apparel.
Carlos Slim now controls 16.8% of the New York Times Company.
The Department for Business said the employers owe their workers more than £177,000 in arrears.
The Corner, a new cafe in Sydney's trendy inner west, looks a lot like its peers - white frontage, rustic wooden seating, potted plants on the counter, quinoa on the menu and servers wearing hemp aprons.
Caesars Entertainment is the largest US casino company and owner of the famed Caesars Palace in Las Vegas.
Cadbury is owned by American group Mondelez International.
Internet company Google has begun discussions with most of the world's top carmakers and has assembled a team of traditional and non-traditional suppliers to speed up efforts to bring self-driving cars to market by 2020, a top Google executive said on Wednesday (January 14).
A French delegation will visit New Delhi shortly to rescue Dassault Aviation's bid to sell 126 Rafale combat jets to India.
BP employs about 4,000 staff in the North Sea out of a total of 15,000 across the UK
In India, shares rally after the central bank announces a surprise interest rate cut.
Oil prices have plunged 60% over the last six months.
Offices of Med-Care Diabetic & Medical Supplies, accused of submitting false claims to Medicare, raided by FBI.
General Election uncertainty weighs heavily on buyer demand says Rics.
Reuters earlier reported that Samsung has offered $7.5bn to buy BlackBerry, leading to 30% surge in Canadian company's shares.
Marketing firms and merchandisers have been quick to capitalise on the Charlie Hebdo terror attacks in Paris
JPM said legal expenses rose to about $1.1bn in the fourth-quarter of 2014 from about $847m a year ago.
Exclusive: Michael Mercieca, of Young Enterprise, says he supports the move 'in principle'.
The Varkey Foundation has called on the top companies to increase funding to education schemes.
Universal Credit Rating Group would issue first ratings in 2015, according to Russian analyst.
There's no shortage of vehicles to choose from at this year's North American International Auto Show, but when it comes to jaw droppers, Ford's new GT leads the pack.
Entry of foreign players in Shanghai FTZ is expected to trigger gradual opening to overseas capital in the e-commerce sector across China.