Oil and gas producer EQT to buy Rice Energy in $6.7 billion deal
(Reuters) – U.S. oil and gas company EQT Corp said on Monday it would buy Rice Energy for $6.7 billion (5.24 billion pounds) in its biggest deal ever, as it looks to expand its natural gas business.
IKEA aims to halve food waste at its restaurants by mid-2020
STOCKHOLM (Reuters) – IKEA, which as well as being the No.1 furniture retailer also runs one of the world’s biggest restaurant chains, aims to halve its food waste in three years to save money and reduce its environmental footprint.
Billionaire investor Paulson joins Valeant board, shares jump
(Reuters) – Billionaire investor John Paulson, whose hedge fund firm is the biggest owner of Valeant Pharmaceuticals International Inc shares, on Monday joined the ailing drug company’s board as it restructures to repay debt.
Auto supplier Magna to manufacture BMW 5-series plug-in hybrids
SAN FRANCISCO (Reuters) – Canadian auto supplier Magna International Inc will produce BMW’s new 5-series plug-in hybrid at its Austrian factory, the company said on Monday, part of a strategy to produce electric cars on a contract basis for global aut…
Wall St. hits record highs on strong technology, health stocks
NEW YORK (Reuters) – U.S. stocks rose on Monday, with the S&P 500 and the Dow hitting record highs with growth sectors such as technology in favor again as investors appeared to regain confidence in the economy after upbeat comments from Federal Reserve officials.
Tech CEOs meet with Trump on government overhaul
WASHINGTON (Reuters) – President Donald Trump met on Monday with the heads of 18 U.S. technology companies including Apple Inc , Amazon.com Inc and Microsoft Corp , seeking their help to make the government’s computing systems more efficient.
Fiat Chrysler denies report it has decided to pull Chrysler brand from Japan
TOKYO (Reuters) – Fiat Chrysler Automobiles denied it had decided to pull the plug on the Chrysler brand in Japan, after local media reported it was planning to stop selling the U.S. cars in the country as early as next year following years of poor sa…
Boeing launches new jet with flurry of orders
PARIS (Reuters) – Boeing unveiled a new version of its bestselling 737 aircraft on Monday, injecting life into a faltering civil aviation market as French President Emmanuel Macron flew in to open the world’s biggest air show in Paris.
U.S. bank investors hope Fed stress test results lead to big payouts
(Reuters) – Investors are hoping the Federal Reserve will allow big U.S. banks to put an estimated $150 billion in idle capital toward stock buybacks, dividends and profit-boosting investments in the coming weeks after conducting a regular examination …
Google tightens measures to remove extremist content on YouTube
(Reuters) – Alphabet Inc’s Google will implement more measures to identify and remove terrorist or violent extremist content on its video sharing platform YouTube, the company said in a blog post on Sunday.
