Bar rises for shale takeovers as Chevron bows out of Anadarko fight
Chevron Chief Executive Michael Wirth’s decision to opt out of a bidding war for Anadarko Petroleum Corp has raised the bar for deals, and dampened expectations that oil majors will drive a new wave of consolidation in U.S. shale.
Euronext wins clearance from Norway government to buy Oslo Bors
European stock market operator Euronext said it had won clearance from Norway’s Ministry of Finance to buy up to 100% of Oslo Bors, pushing Euronext closer to victory over Nasdaq in its bid to buy Oslo Bors.
Exclusive: Bosch goes for platinum-light fuel cells
Global automotive supplier Bosch expects platinum to play only a minor role in its new fuel cells, giving precious metal markets scant benefit even as the technology gains momentum for pollution-free transport.
Norway paves way for Euronext takeover of Oslo Bors
Norway will allow Euronext to take a majority stake in Oslo Bors VPS, the country’s finance ministry said on Monday, confirming an earlier statement by Euronext.
Exclusive: Turkey presses banks to agree high-stakes bailout of bad energy loans
Turkey’s plan to clean up some $13 billion in bad energy loans, one of the worst hangovers from last year’s currency crisis, is taking shape even as some banks hold out for the government to agree to safeguards and higher electricity prices.
Asian stocks, yuan fall as Sino-U.S. trade talks deadlocked; investors await China retaliation
U.S. stock futures and Asian shares fell on Monday on growing anxiety over whether the United States and China will be able to salvage a trade deal, after Washington sharply hiked tariffs and Beijing vowed to retaliate.
Foxconn’s chip boss tipped to be Taiwanese group’s next chairman: sources
The world’s largest contract manufacturer Foxconn is poised to nominate the head of its chip business as chairman to succeed Terry Gou, who plans to run in Taiwan’s presidential election, two people with direct knowledge of the matter said.
Australia’s export billions go missing, statisticians suspected
Australia’s export earnings are booming as resource prices surge but a statistical quirk means tens of billions of dollars go missing from main measures of growth, making the economy seem weaker than it actually is.
Asian stocks, yuan fall as U.S.-China seen deadlocked in trade talks
U.S. stock futures fell and Asian shares slipped on Monday on growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade war.
S&P stock futures fall, Asian stocks slip as U.S.-China trade tensions simmer
U.S. stock futures fell and Asian shares slipped in early trade on Monday on growing uncertainty over whether the United States and China will be able to reach a deal to end their trade war after Washington sharply hiked tariffs.
