Exclusive: Repsol in advanced talks to buy Exxon assets in Gulf of Mexico – sources
Spanish oil giant Repsol SA is in advanced talks to acquire some deepwater assets in the U.S. Gulf of Mexico from Exxon Mobil Corp for about $1 billion, three people familiar with the matter said on Monday.
Carmakers near CO2 cliff-edge in electrification race
Time is running out for European carmakers, which have waited until the last minute to try to meet ambitious EU emissions targets and face billions in fines if they fail to comply.
Bank of America’s push to turn around investment bank is bearing fruit
Bank of America Corp said on Monday its deal-making unit is gaining momentum with midsized companies as it focuses on the sector to regain market share.
U.S. states launch antitrust probe of Google, advertising in focus
Attorneys general from 48 U.S. states, the District of Columbia and Puerto Rico formally opened an antitrust probe on Monday into Alphabet’s Google, in a sign of growing government scrutiny of U.S. technology giants.
Telefonica plans to offer voluntary redundancy to up to 20% of Spain staff: source
Telefonica plans to offer voluntary redundancy to up to a fifth of its workforce in Spain, a person with knowledge of the matter said on Monday, as the telecoms company struggles to boost earnings in its home market.
Wall Street ends flat amid rate hopes, tech declines
U.S. stocks ended flat on Monday as increased expectations of stimulus from central banks around the world were offset by losses in technology and healthcare shares.
Bank of America expects higher investment banking fees for third quarter
Bank of America Corp said on Monday the bank expects third quarter investment banking fees to be up in the low single digits compared with last year.
Stocks little changed, pound hits 6-week high
A gauge of global stocks held near flat on Monday after bouncing between gains and losses as investors questioned whether likely stimulus measures from the world’s central banks would be enough to deter slowing growth, while the pound hit a six-week hi…
Wall Street ends flat as tech, healthcare flounder
U.S. stocks ended flat on Monday as increased expectations of stimulus from central banks around the world were offset by losses in technology and healthcare shares.
Citigroup tempers net interest income guidance
Citigroup Inc said on Monday that it expects net interest income to be up between 3% and 4% for the year, compared with prior guidance of 4% growth.
