Terry Macalister

Terry Macalister

    Avis steps on the gas

    Avis has shook up the competitive industry with its $500m purchase of vehicle-sharing firm Zipcar. Terry Macalister reports.

    Russia halts gas project in Arctic

    A $15-billion energy project in the Russian Arctic has been sunk by soaring costs, falling European demand and cheap shale gas in the United States.

    A breath of good news

    Threat of budget cuts tempers report that wind power at one point generated 10% of Britain's power.