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Brazil oil regulator to investigate Petrobras oil spill

SAO PAULO (Reuters) - Brazil’s oil regulator said on Monday that is has started an investigation into an oil spill at an offshore platform...

Barrick CEO: Newmont deal 'logical' for shareholders of both companies

Barrick, already the world’s largest gold producer, on Monday launched a takeover bid for its U.S.-based rival, encouraging it to ditch a previously announced...

GE debt rallies, bond insurance price drops on Danaher deal

Yields on GE bonds, which move in the opposite direction of their price, fell to the lowest in about four months across dozens of...

Volkswagen could sell smaller trucks stake if markets in a spin: sources

The automaker has said it could list up to 25 percent of Traton in a deal expected to raise 5-6 billion euros ($5.7-$6.8 billion)...

U.S. senators press for Huawei to be excluded from solar power market

WASHINGTON (Reuters) - A bipartisan group of senators on Monday urged the U.S. government to block Huawei Technologies Co Ltd from supplying solar energy...

Madoff trustee can pursue lawsuits against Koch, banks, others

Monday’s decision by the 2nd U.S. Circuit Court of Appeals in Manhattan overturned November 2016 dismissals by U.S. Bankruptcy Judge Stuart Bernstein in Manhattan. It...

U.S. auto sales seen falling in February: J.D. Power, LMC Automotive

(Reuters) - U.S. auto sales are expected to drop about 1 percent in February from a year earlier partly due to inclement weather, according...

Volkswagen shuffles management responsibilities at core brand

FRANKFURT (Reuters) - Volkswagen shuffled management responsibilities at its core brand on Monday, freeing up Group CEO Herbert Diess to oversee the carmaker’s radical...

Sony revitalizes smartphone franchise with movie-style screens

The company announced a new flagship Xperia 1 handset at the Mobile World Congress in Barcelona on Monday, which has an HDR OLED screen,...

Court ruling could help J&J defeat St. Louis talc lawsuits

The ruling will likely offer some respite to the healthcare conglomerate as it deals with growing pressure over the safety of its talc products,...

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