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Tribeology's Bodega Bay Hard Seltzer - Product Launch

UK start-up Tribeology has rolled out an alcoholic sparkling water in its home market under the brand name Bodega Bay.

Going private will free the company to make necessary changes, consultants say. But Hudsons Bay true value may be in its real estate holdings.

The tech giant plans to re-purpose its own land, worth $750 million, for residential use, with $250 million in additional incentives for developers.

Hudson's Bay Company (HBC) CEO Helena Foulkes has hailed progress on a "number of crucial fronts" despite a drop in first-quarter sales.

The Reliance and BP consortium, in which BP has a 30% stake, is already developing two gas blocks off Indias east coast.

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