[ad_1] HOUSTON (Reuters) – Occidental Petroleum Corp on Wednesday started the first takeover battle for a major oil company in years, offering $38 billion for Anadarko Petroleum Corp, a bid that topped a $33 billion
Iran’s Zarif warns U.S. of ‘consequences’ over oil sanctions, offer prisoner swap
[ad_1] NEW YORK (Reuters) – The United States must be prepared for consequences if it tries to stop Iran from selling oil and using the Strait of Hormuz, Iran’s Foreign Minister Mohammad Javad Zarif warned
Microsoft profit, revenue beat estimates on cloud growth
[ad_1] FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo (Reuters) – Microsoft Corp beat Wall Street estimates for quarterly profit
Norwegian Air reschedules aircraft delivery, to cut 2019-20 capex by $2.1 billion
[ad_1] OSLO (Reuters) – Norwegian Air has agreed with Airbus and Boeing to reschedule delivery of aircraft to cut capital spending, the loss-making budget carrier said on Wednesday. FILE PHOTO: A Norwegian Air Boeing 737-800
Boeing abandons financial outlook, sees $1 billion in extra cost on 737 MAX
[ad_1] (Reuters) – Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in
Gold prices inch up off 4-month low, still pressured by strong dollar
[ad_1] (Reuters) – Gold prices edged higher on Wednesday, recovering from a near four-month low touched in the previous session under pressure from a strong dollar, as U.S. stocks took a breather following a rally.
Britain starts search for ‘highest caliber’ Bank of England governor
[ad_1] LONDON (Reuters) – Britain’s finance minister Philip Hammond began the search for a new governor of the Bank of England to help steer the world’s fifth-biggest economy, and its global financial center, through the
Caterpillar slips as higher costs dent margins at construction business
[ad_1] (Reuters) – Caterpillar Inc spooked investors for a second straight quarter as rising costs hit margins in its construction equipment business and tepid sales in the Asia Pacific region pointed to continuing subdued growth
Occidental offers $57 billion for Anadarko, topping Chevron
[ad_1] HOUSTON (Reuters) – Oil and gas producer Occidental Petroleum Corp on Wednesday made a $57 billion bid for Anadarko Petroleum Corp, topping Chevron Corp’s $50 billion offer and sparking the first takeover battle for
Madras High Court moves to lift ban on Chinese video app TikTok: lawyers
[ad_1] FILE PHOTO: The logo of TikTok application is seen on a mobile phone screen in this picture illustration taken February 21, 2019. REUTERS/Danish Siddiqui/Illustration/File Photo NEW DELHI (Reuters) – The Madras High Court on