Chevron Corp said on Friday it would buy smaller rival Anadarko Petroleum Corp for $33 billion in cash and stock to strengthen its presence in the Permian basin and beef up its LNG business.
Accountant EY’s audit of scandal-hit Danske Bank came under scrutiny on Friday as Danish authorities asked the state prosecutor for financial fraud to investigate the matter.
HSBC’s three executive director board members have agreed a reduction in their pension allowance from 30 to 10 percent of base salary, following increasing scrutiny from investors and other stakeholders on overall executive pay.
U.S. buyout firm Lone Star has emerged as the frontrunner to buy the German building materials business of France’s Saint-Gobain in a deal valued at up to 400 million euros ($450 million), four sources familiar with the matter said.
ESPN+, Walt Disney Co’s sports video streaming service, could attract between 8 million and 12 million paying subscribers by the end of the fiscal 2024 year, the company said on Thursday.
Walt Disney Co priced its highly anticipated streaming video service below Netflix in an aggressive move to challenge the dominant streaming service and entice families to buy yet another monthly subscription.
Walt Disney Co unveiled new details on Thursday about Disney+, a family-friendly digital video subscription that is set to debut later this year and compete with Netflix Inc.
Signs of a stabilisation in China’s giant economy and a soggy dollar helped oil markets cement their best run for more than three years on Friday, though stocks weren’t buoyed much after spending most of the week treading water.
Apple Inc supplier Japan Display said on Friday it has signed a long-awaited deal under which it will receive a 232 billion yen ($2.1 billion) bailout that will give a Chinese-Taiwanese group a near-majority stake in the firm.
U.S. electric vehicle (EV) maker Tesla Inc on Friday said it has started taking orders in China for a lower-priced version of its Model 3 car, as it seeks to expand its lineup and boost sales in the world’s biggest EV market.
Hong Kong Airlines shareholders have demanded to see 2018 accounts before considering providing at least HK$2 billion ($255 million) needed to ensure the carrier – part owned by the indebted HNA Group – keeps its license, two sources said.
Oil prices rose on Friday as involuntary supply cuts from Venezuela, Libya and Iran supported perceptions of a tightening market, already underpinned by a production reduction deal from OPEC and its allies.
The Danish Business Authority said on Friday that it has asked the state prosecutor for financial fraud to investigate the auditor of scandal-hit Danske Bank’s 2014 accounts, Ernst & Young.
Apple Inc supplier Japan Display Inc said on Friday it will raise 117 billion yen ($1.1 billion) in a bailout from a Chinese-Taiwanese group and from its top shareholder.
At the edge of Nairobi’s Ngong Forest, thousands of used cars glitter in the hot sun on a dusty field, waiting for buyers.
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