Oil prices fall as top three producers look to boost supplies
SINGAPORE (Reuters) – Oil prices fell on Monday, extending a steep decline in the previous session, as the market eyed an increase in output from the world’s three top crude producers, Russia, the United States and Saudi Arabia.
Trading in Samsonite shares halted, pending statement
HONG KONG (Reuters) – Trading in shares of Samsonite International SA was suspended on Monday pending a statement from the world’s largest luggage maker, just days after a short seller accused it of questionable accounting practices and poor governanc…
U.S. stock futures up on North Korea, euro shaken by Italy, oil falls
TOKYO (Reuters) – U.S. stock futures rose on Monday on signs that the United States and North Korea are still working towards holding a summit next month, while oil prices extended losses on expectations of more supply from major producers.
Blackstone offers $2.3 billion for Australia’s Investa Office Fund
(Reuters) – Australia’s Investa Office Fund (IOF) said on Monday it has received a A$3.08 billion ($2.3 billion) unsolicited non-binding buyout proposal from the Blackstone Group .
Australia increases Takata air bags recall to just under four million cars
SYDNEY (Reuters) – Australia said on Monday it was recalling an additional 1.1 million cars fitted with Takata Corp air bags, increasing the size of the country’s biggest ever compulsory recall to just under four million cars.
Australia orders recall of further 1.1 million cars fitted with Takata air bags
SYDNEY (Reuters) – Australia on Monday increased the size of its biggest compulsory product recall as it said an additional 1.1 million cars fitted with Takata Corp air bags would be recalled.
German carmakers morally obliged to refit dirty diesels: minister
BERLIN (Reuters) – German carmakers have a moral obligation to refit heavily polluting diesel vehicles on the country’s roads, environment minister Svenja Schulze said, but conceded that the government had no legal means to make them do so.
As clock ticks, doubts grow over Kinder Morgan’s Canada oil pipe expansion
VANCOUVER/WINNIPEG, Manitoba (Reuters) – As a hard deadline set by Kinder Morgan Canada Ltd for scrapping a key pipeline expansion looms, there is growing doubt among investors, contractors and government officials about reaching a deal to save the C$…
Bombardier launches longer-range variants of Global business jets
MONTREAL (Reuters) – Canada’s Bombardier Inc on Sunday announced two new longer-range variants of its existing large-cabin Global business jets, which the company expects to generate higher revenues during a time of recovering appetite for corporate pl…
Qualcomm to meet China regulators in push to clear $44 billion NXP deal: sources
BEIJING (Reuters) – Qualcomm Inc is expecting to meet this week in Beijing with China’s antitrust regulators in a final push to secure clearance for its proposed $44 billion acquisition of NXP Semiconductors NV , three sources told Reuters.
