Oil set for third weekly rise despite Friday fall
Oil prices fell on Friday, but were set for a third straight weekly gain after the easing of U.S.-China trade tensions, which has boosted business confidence and the outlook for global economic growth.
Just Eat backs Takeaway.com’s final bid in food fight
Just Eat backed a final offer from Takeaway.com and rejected a rival cash bid from Prosus on Friday, saying the combination with Takeaway would create one of the leading online food delivery companies in the world.
Novartis wins Medicaid approval for new sickle cell drug in key U.S. states
Novartis AG has secured Medicaid coverage for a pricey new sickle cell disease therapy in two U.S. states just weeks after winning U.S. approval, following an early campaign to convince local officials of its value, according to a company executive an…
Shell writes down up to $2.3 billion on weaker economic outlook
Royal Dutch Shell said on Friday it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook.
Ruling on Ryanair bid to delay COO’s easyJet move set for December 23
The Irish High Court will rule on Monday Dec. 23 on whether Ryanair can prevent its operations chief Peter Bellew from joining arch-rival easyJet until 2021, a court official said on Friday.
Shell sees up to $2.3 billion in fourth quarter charges, trims oil product sales estimate
Royal Dutch Shell said on Friday it expects impairment charges of up to $2.3 billion in the fourth quarter and trimmed its forecast for quarterly oil product sales, as the Anglo-Dutch oil company faces slowing demand for oil and gas.
China says case of detained Canadians turned over to prosecutors
China’s foreign ministry said on Friday that an investigation into two Canadians detained on state security charges since December last year had ended, and the case had been turned over to prosecutors.
Oil declines but set for third weekly rise
Oil prices fell slightly on Friday but were still set for a third straight weekly gain after easing U.S.-China trade tensions lifted business confidence and the outlook for global economic growth.
French telco Orange and ex-CEO found guilty over workers’ suicides
French telecoms group Orange and its former CEO Didier Lombard were guilty of “moral harassment” that prompted a spate of suicides during a restructuring at the company in the late 2000s, a court ruled on Friday.
Google fined 150 million euros by France
France’s competition authority fined Google 150 million euros ($167 million) for anti-competitive behavior and for having unclear advertising on the Google Ads page.
