(Reuters) – Dominion Energy Inc said on Wednesday it would buy Scana Corp in an all-stock deal worth about $7.9 billion, offering the troubled utility a way out from dealing with spiraling costs and unhappy customers.
SINGAPORE/LONDON (Reuters) – Oil prices rose on Wednesday to new two-and-a-half year highs as robust output in the United States and Russia balanced tensions from a sixth day of unrest in OPEC member Iran.
(Reuters) – Dominion Energy Inc said on Wednesday it would buy troubled utility Scana Corp in an all-stock deal worth about $14.6 billion, including debt.
(Reuters) – U.S. stock futures pointed to a higher opening for Wall Street on Wednesday as signs of quickening economic activity around the world encouraged risk-on sentiment among investors.
SAN FRANCISCO (Reuters) – Amazon.com Inc and Alphabet Inc’s Google both discounted their virtual assistant speakers so deeply over the holiday shopping season that they likely lost a few dollars per unit, highlighting a sharply different strategy fro…
OSLO (Reuters) – Sales of electric and hybrid cars exceeded half of new registrations in Norway in 2017, a record aided by generous subsidies that extended the Nordic nation’s lead in a shift from fossil-fuel engines, data showed on Wednesday.
BEIJING (Reuters) – China’s central bank told a top-level government internet finance group that the monetary authority can tell local governments to regulate the power usage of bitcoin miners to gradually reduce the scale of their production, a source…
BEIJING (Reuters) – British trade minister Liam Fox said on Wednesday that London would continue to welcome foreign investment, after a U.S. panel rejected a Chinese acquisition of a U.S. money transfer company on national security concerns.
SEOUL (Reuters) – Samsung Electronics Co Ltd plans to begin operating its new washing machine factory in the United States this month, a top executive said on Wednesday, as it awaits a U.S. government decision on curbing imports of washers.
BEIJING (Reuters) – British trade minister Liam Fox said on Wednesday it was too soon to seek membership of the Trans-Pacific Partnership (TPP) trade pact.
NEW YORK (Reuters) – Brazil’s state-controlled oil company, Petroleo Brasileiro SA , said on Wednesday that it has agreed to pay $2.95 billion to settle a U.S. class action brought by investors who claim they lost money as a result of a corruption scan…
FRANKFURT/VIENNA (Reuters) – A German court is likely to decide on Thursday whether to reverse the insolvency filing of airline Niki, according to a statement from Berlin’s civil courts, which could derail the sale of the Air Berlin unit to Britain’s …
(Reuters) – Ant Financial’s plan to acquire U.S. money transfer company MoneyGram International Inc collapsed on Tuesday after a U.S. government panel rejected it over national security concerns, the most high-profile Chinese deal to be torpedoed unde…
LONDON (Reuters) – World stocks hit fresh highs on Wednesday with European markets joining the party as early indications suggest 2018 will be another year of synchronized global growth led by a shining European economy.
TEL AVIV (Reuters) – El Al Israel Airlines said on Wednesday it will begin nonstop flights between Tel Aviv and San Francisco in the fourth quarter, as it continues to expand into North America.
SINGAPORE/LONDON (Reuters) – Oil prices held steady on Wednesday near mid-2015 highs reached the previous session as high output in the United States and Russia balanced tensions from a sixth day of unrest in OPEC member Iran.
LONDON (Reuters) – Britain is interested in joining the Trans-Pacific Partnership trade bloc after it leaves the European Union, the Financial Times newspaper said.
BEIJING (Reuters) – China said on Wednesday that it hopes the United States can create a level playing field and a predictable environment for Chinese enterprises.
(Reuters) – A U.S. court on Tuesday asked Valeant Pharmaceuticals International Inc and activist investor Bill Ackman’s Pershing Square to appear for a hearing to discuss the proposed settlement in an insider trading lawsuit.
SYDNEY (Reuters) – Asian stocks struck a range of new peaks on Wednesday as risk appetites were whetted by a feast of upbeat manufacturing surveys that confirmed a synchronised upturn in the world economy was well under way.
SYDNEY (Reuters) – Asian stocks struck a decade peak on Wednesday as risk appetites were whetted by a bevy of upbeat manufacturing surveys that confirmed a synchronized upturn in world growth was well under way.
SINGAPORE (Reuters) – Oil prices were stable on Wednesday, not far off mid-2015 highs reached the previous session, as strong demand and ongoing efforts led by OPEC and Russia to curb production tightened the market.
(Reuters) – A U.S. government panel rejected Ant Financial’s acquisition of U.S. money transfer company MoneyGram International Inc over national security concerns, the companies said on Tuesday, the most high-profile Chinese deal to be torpedoed unde…
SYDNEY (Reuters) – Asian stocks struck a fresh decade high on Wednesday as risk appetites were whetted by a bevy of upbeat manufacturing surveys that confirmed a synchronized upturn in world growth was well under way.
(Reuters) – U.S. airlines American Airlines Group Inc and Southwest Airlines Co said on Tuesday that they would give their employees a $1,000 bonus in light of the recent U.S. tax bill.
(Reuters) – A U.S. government panel rejected Ant Financial’s acquisition of MoneyGram International Inc over national security concerns, the companies said on Tuesday, the latest Chinese deal torpedoed under the administration of U.S. President Donald…
NEW YORK (Reuters) – U.S. stocks rose in the first session of the new year and the Nasdaq closed above 7,000 for the first time on Tuesday as investors were optimistic that 2018 will bring more gains for the market.
(Reuters) – Music streaming company Spotify was sued by Wixen Music Publishing Inc last week for allegedly using thousands of songs, including those of Tom Petty, Neil Young and the Doors, without a license and compensation to the music publisher.