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U.S. energy company Anadarko says worker killed in Mozambique attack
Anadarko Petroleum Corp said one worker was killed and several others injured in two related attacks on Thursday near the construction site for its massive liquefied natural gas (LNG) project in northern Mozambique.
Posted on : 2019-02-22 21:30:21
Exclusive: Safety problem found at Orano's Finnish reactor before start-up - regulator
Finland's nuclear regulator has identified a safety issue at Olkiluoto 3, a 1.6-gigawatt reactor built by France's Orano, and the problem needs to be fixed before the unit can receive a permit to operate, the regulator told Reuters.
Posted on : 2019-02-22 20:37:46
Exxon, Microsoft strike cloud computing agreement for U.S. shale
Exxon Mobil Corp and Microsoft Corp have agreed to use cloud technology in the U.S. oil producer's shale operations, they said on Friday, helping to boost profitability in the nation's largest shale field.
Posted on : 2019-02-22 20:27:47
EU drafting retaliatory tariff list hitting Caterpillar, Xerox, Samsonite - Bloomberg
The European Union is drafting a list of retaliatory tariffs that would target Caterpillar Inc, Xerox Corp and Samsonite International if U.S. President Donald Trump imposes duties on European cars, Bloomberg News reported on Friday, citing an unnamed senior EU official.
Posted on : 2019-02-22 20:26:14
Swedish entertainment group MTG sells Nova TV to Bulgarian investor
Swedish entertainment company MTG is to sell Bulgaria's leading commercial media company Nova Broadcasting to Bulgarian Advance Media Group in a 185 million euro ($209.48 million) deal, the companies said on Friday.
Posted on : 2019-02-22 20:24:23
Canada's Barrick Gold considers hostile $19 bln bid for Newmont Mining - media
Canada's Barrick Gold Corp is considering a hostile bid for Newmont Mining Corp for about $19 billion in stock, in what would potentially be one of the largest-ever mining deals, the country's Globe and Mail newspaper reported.
Posted on : 2019-02-22 20:22:51
Wall Street opens slightly higher, Kraft Heinz weighs on consumer staples
U.S. stocks opened slightly higher on Friday on hopes of a trade deal between the United States and China, but a 26 percent plunge in Kraft Heinz Co hit the consumer staples sector.
Posted on : 2019-02-22 20:16:35
Sacked GAM Holding manager plans to appeal dismissal
A former GAM Holding AG executive, who was sacked after allegedly breaching the Swiss asset manager's rules, said on Friday that he planned to appeal his dismissal, saying he felt he was "unjustly singled out."
Posted on : 2019-02-22 19:31:06
Oil hits new 2019 high on U.S.-China trade talk hopes
Oil prices rose on Friday, supported by OPEC's ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute.
Posted on : 2019-02-22 19:27:58
Former boss makes $1.7 billion bid for struggling UK lender Provident
The former boss of Provident Financial is leading an unsolicited 1.3 billion pound ($1.7 billion) bid to buy the firm where he spent 22 years but which has run into trouble with regulators worried about the rates it charges on loans.
Posted on : 2019-02-22 19:21:44
EU trade chief sees EU decision soon to start U.S. trade talks
European Trade Commissioner Cecilia Malmstrom said on Friday she expected European Union governments to decide soon to start trade negotiations with the United States.
Posted on : 2019-02-22 19:08:42
Exclusive: France, Germany agree on joint proposal for euro zone budget
France and Germany have agreed a detailed proposal for a euro zone budget to boost growth, strengthen competitiveness and lower the development gap between individual member states, a German government document showed on Friday.
Posted on : 2019-02-22 19:08:22
Water deal crucial for Kenya oil project might slip into third quarter: Tullow
A deal with local Kenyan authorities that would allow Tullow Oil to pump water to pressurise oil wells, crucial for a final green light for the country's only oil project, may be delayed to the third quarter, a Tullow executive said on Friday.
Posted on : 2019-02-22 19:00:53
Global Markets: Shares up, Aussie dollar rebounds, Brent hits 2019 high
Global shares crept higher on Friday as signs of progress on trade offset a worsening economic outlook, while the Aussie dollar recouped some losses after China denied it had halted Australian coal imports.
Posted on : 2019-02-22 18:40:46
Saudi, China sign $28 billion worth of economic accords - SPA
Saudi Arabia and China signed economic cooperation agreements worth a total of $28 billion at a joint investment forum during a visit by Saudi Crown Prince Mohammed bin Salman to Beijing, Saudi state news agency SPA said on Friday.
Posted on : 2019-02-22 18:15:43
Kenya ride-hailing firm Little has big plans for Africa expansion
Kenyan ride-hailing company Little is expanding to Tanzania and Ghana by May and plans to raise about $50 million more from investors, its chief executive officer said on Friday.
Posted on : 2019-02-22 18:15:21
UBS sticks to dividend, capital return plans after French verdict
UBS plans to stick to its proposed dividend for 2018, CEO Sergio Ermotti said on Friday, two days after the Swiss bank was hit with a 4.5 billion euro ($5.10 billion) penalty in a French tax ruling that the bank has appealed.
Posted on : 2019-02-22 18:14:50
Kraft Heinz discloses SEC probe, $15 bln write-down; shares dive 20 pct
Shares of Kraft Heinz Co slumped 20 percent late on Thursday after the food company posted a quarterly loss, disclosed an SEC investigation and wrote down the value of its iconic Kraft and Oscar Mayer brands as it highlighted the tough environment for the packaged food industry.
Posted on : 2019-02-22 18:00:51
Canada's Barrick Gold considers hostile $19 billion bid for Newmont Mining: media
Canada's Barrick Gold Corp is considering a hostile bid for Newmont Mining Corp for about $19 billion in stock, in what would potentially be one of the largest-ever mining deals, the country's Globe and Mail newspaper reported.
Posted on : 2019-02-22 18:00:25
UK's Serious Fraud Office drops probes at Rolls Royce, GSK
Britain's Serious Fraud Office (SFO) has dropped long-running investigations into individuals at aero engine maker Rolls-Royce and drugs giant GlaxoSmithKline, adding to a growing list of cases where the agency has failed to land convictions.
Posted on : 2019-02-22 18:00:06
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