Halliburton expects margins to rebound in North America
(Reuters) – Halliburton Co , the world’s No.2 oilfield services provider, expects margins to improve in North America after being depressed for two years as companies step up spending to drill and complete wells.
U.S. NHTSA opens investigation into Bosch electric car charger
(Reuters) – U.S. safety regulators have opened an investigation of electric car chargers made by German supplier Robert Bosch LLC after a driver of a 2013 Nissan Leaf reported one emitted smoke while charging.
Loan fund investors pull cash with Fed rate hikes on hold
NEW YORK (Reuters) – Retail investors yanked money out of bank loan funds in the latest week, breaking a nearly two-year streak of inflows, as the interest rate hikes buyers of these floating-rate products are counting on now appear likely later rather…
Mazda recalls 109,000 SUVs in the United States for rust issue
DETROIT (Reuters) – Mazda Motor Corp is recalling 109,000 Tribute compact sport utility vehicles in the United States to address potential rusting frame parts in cold-weather states where road salt is heavily used in the winter.
Canadian gold mining’s bidding war shows appeal of buy over build
(Reuters) – A takeover battle for Canada’s Osisko Mining Corp , involving three of the world’s top gold producers, is more than just a testament to the quality of the company’s low-cost mine, it also spotlights a shortage of top-class gold assets in po…
Barrick proposal to acquire Newmont hits roadblock: sources
TORONTO (Reuters) – Talks between Barrick Gold Corp and Newmont Mining Corp about a potential merger have hit a snag, but sources close to the situation say the companies remain keen to reach a deal and discussions are likely to resume.
Leading economic indicators rise in March
WASHINGTON (Reuters) – A gauge of future U.S. economic activity rose in March, pointing to a pick-up in growth in the months ahead.
NHTSA closes four-year probe of Ion steering issues after GM recall
DETROIT (Reuters) – U.S. safety regulators closed a four-year probe into power steering problems in almost 335,000 older Saturn Ions after General Motors Co recalled the cars, which are also part of an unrelated recall of defective ignition switches li…
AstraZeneca cancer pipeline seen as draw for Pfizer
LONDON (Reuters) – Pfizer may come back to bid for British drug company AstraZeneca after its reported 60 billion pound ($101 billion) takeover approach was rejected, since a deal could make sense for the U.S. pharmaceuticals giant as it seeks to build…
U.S. insider trading cases face test at appeals court
NEW YORK (Reuters) – A U.S. appeals court is set hear a case whose outcome could make it harder for the government to prosecute insider trading and potentially jeopardize several high-profile guilty verdicts, including that of SAC Capital Advisors port…
