Terry Macalister

Terry Macalister

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

    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.

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