Exclusive: Shell puts revamped shale arm at heart of future growth
LONDON (Reuters) – Having turned round its North American shale business, Royal Dutch Shell is putting so-called unconventional energy at the heart of its long-term growth plans, and believes lessons from the revamp can be applied across the company.
Nissan to take legal action against Brexit campaign for logo use
LONDON (Reuters) – Nissan said it would take legal action against the official campaign for Britain to leave the European Union after the group used the Japanese carmaker’s logo in leaflets calling for voters to back Brexit on June 23.
Apple to lose weighting in Russell index, shares could fall
NEW YORK (Reuters) – After dropping more than $200 billion in market capitalization in one year, Apple shares could fall further as they are set to lose their weighting and be reclassified in the annual reconstitution of the widely followed Russell ind…
Chinese billionaire Tianqiao Chen raises stake in LendingClub
(Reuters) – Chinese billionaire Tianqiao Chen raised his stake in online lending platform LendingClub Corp to 15.13 percent from 11.7 percent, which was earlier reported on May 11.
Russia’s Gazprom eyes asset swap deals with Shell, OMV by year-end
ST PETERSBURG, Russia (Reuters) – Russia’s state-controlled gas giant Gazprom could gain control over some of the assets that Shell acquired earlier this year from BG group, a senior Gazprom executive said in an interview.
Six Flags Entertainment seeks to open Saudi theme parks
DUBAI (Reuters) – U.S. theme park company Six Flags Entertainment Corp plans to expand to Saudi Arabia, its chief executive told Saudi-owned Arabiya TV on Monday, bringing roller coasters and bumper cars to the ultra-conservative kingdom.
Kremlin says no preferred options for Rosneft stake sale
MOSCOW (Reuters) – There are no preferred options for the sale of a stake in state-run Rosneft , the world’s top listed oil firm by output, Kremlin spokesman Dmitry Peskov told reporters on Monday.
UniCredit shares rise on talk Passera close to be named CEO
MILAN (Reuters) – UniCredit’s shares rose more than 4 percent on Monday after a newspaper report said former industry minister and veteran banker Corrado Passera could be appointed to lead Italy’s biggest bank by assets as early as this week.
BP approves investment in Egypt gas field 15 months after discovery
LONDON (Reuters) – British oil major BP has approved investment in the first phase of developing the large Atoll gas field offshore Egypt, only 15 months after it first announced its discovery.
Global stocks gain, safe havens retreat as Brexit worries ebb
LONDON (Reuters) – Global stocks rose on Monday and sterling strengthened broadly while safe-havens including the yen and gold retreated, after polls showed support for Britain staying in the EU regaining momentum before Thursday’s referendum.
