[ad_1] HOUSTON (Reuters) – Shareholders of Anadarko Petroleum Corp (APC.N) on Thursday voted overwhelmingly to sell the company for $38 billion to rival Occidental Petroleum Corp (OXY.N), ending a short-lived contest that pitted two of
S&P 500 posts biggest daily gain in two months as rebound continues
[ad_1] NEW YORK (Reuters) – The S&P 500 registered its largest one-day percentage gain in about two months on Thursday, with technology shares providing the biggest boost as equities continued to rebound along with bond
CBS beats revenue estimates on higher entertainment sales
[ad_1] FILE PHOTO: The CBS Television Center is seen in Los Angeles, California, U.S., August 7, 2019. REUTERS/Lucy Nicholson (Reuters) – CBS Corp (CBS.N) reported second-quarter revenue above estimates on Thursday, as the TV broadcaster
Wall Street jumps; economic data eases trade worries
[ad_1] Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid SAN FRANCISCO (Reuters) – U.S. stocks jumped on Thursday, giving the S&P 500
Oil rises more than 2% on firm yuan, expectations of more OPEC cuts
[ad_1] NEW YORK (Reuters) – Oil jumped more than 2% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil
Facebook loses facial recognition technology appeal, must face class action
[ad_1] (Reuters) – A federal appeals court on Thursday rejected Facebook Inc’s (FB.O) effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for millions of users without their
China continued Iran oil imports in July in teeth of U.S. sanctions: analysts
[ad_1] SINGAPORE/BEIJING (Reuters) – China imported Iranian crude oil in July for the second month since a U.S. sanctions waiver ended, according to research from three data firms, with one estimate showing some oil entered
Automaker Mahindra considers second U.S. plant in Michigan
[ad_1] The logo of Mahindra & Mahindra Ltd is pictured on the pocket of a salesman’s shirt as he poses inside the company’s showroom in Mumbai August 13, 2013. REUTERS/Danish Siddiqui (Reuters) – Indian automaker
Shares in off-pace Adidas slip as it pays to fix sourcing shortages
[ad_1] BERLIN (Reuters) – Adidas shares stumbled on Thursday after the German sportswear company said profitability will be squeezed in the second half of the year by higher sourcing costs and price cuts to try
Oil rises due to firm yuan, expectations of more OPEC cuts
[ad_1] LONDON (Reuters) – Oil jumped more than $1 a barrel on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of