The Permian paradox: Texas shale players go green to drill more
As the thirst for electricity to power drilling rigs in West Texas drives the state’s energy needs to new highs, oil and gas companies are increasingly relying on wind and solar power to ensure that the shale boom continues.
Futures dip as trade worries resurface; Disney rises on results
U.S. stock index futures dipped on Friday as doubts about a trade deal between Washington and Beijing resurfaced, although strong results from Disney underscored a robust earnings season, a major driver behind Wall Street’s record rise.
Trade war caution takes edge off stellar rally in world stocks
Uncertainty about the fate of U.S./China trade talks nudged world stock markets off 21-month highs on Friday after what has proved to be stellar week for risk assets.
Factbox: Fiat Chrysler, Peugeot tie-up – how does it work?
Fiat Chrysler and Peugeot owner PSA would retain all of their car brands if their planned $50 billion merger goes ahead, the would-be chief executive of the combined group said on Friday.
Merged PSA and Fiat would retain all brands: Tavares
Peugeot maker PSA Group and Fiat Chrysler would retain all of their car brands if their planned $50 billion merger goes ahead, the would-be chief executive of the combined group said on Friday.
Exclusive: Sudan needs up to $5 billion in budget support to prevent collapse
Sudan needs up to $5 billion in budget support to avert economic collapse and launch reforms after the ouster of veteran ruler Omar al-Bashir, its finance minister told Reuters.
Daimler to cut 1,100 managing positions worldwide: Sueddeutsche Zeitung
Daimler will cut 1,100 leadership positions worldwide, or about 10% of its management, German daily Sueddeutsche Zeitung said on Friday, citing a newsletter circulated by the company’s works council.
Exclusive: Boon for Hong Kong as Alibaba eyes $15 billion late November listing – sources
Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, in a deal that could boost the Asian financial hub as it struggles with anti-government protests.
Culture change is the cutting edge of mental health benefits at work
When Hartmut Braune comes to work in security communications at SAP, he never knows what emergency will land in his inbox.
EasyJet buys Thomas Cook airport slots at Gatwick and Bristol for $46 million
British budget airline easyJet has bought the take-off and landing slots of failed travel company Thomas Cook at London Gatwick and Bristol airports for 36 million pounds ($46 million), it said on Friday.