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Duke Energy talks on buying partner Piedmont Natural Gas for $4.9 Billion
Giant US power company Duke Energy said Monday that it would buy for $4.9 billion in cash natural gas distributor Piedmont Natural Gas, which is its partner in the $5 billion worth Atlantic Coast Pipeline venture.
Concerns raised by US regulators on Philips’ Lumileds Sale to Go Scale Capital
Dutch electronics and healthcare company Philips announced that its proposed sale of Lumileds to Go Scale Capital had run into unexpected opposition from US government.
Alibaba Group Holding Ltd set to release Q2 revenue, experts study how Chinese economic meltdown affected its performance
Alibaba Group Holding Ltd will report on the opening bell of October 27 its second quarter earnings for the fiscal year 2016. Investors and analysts are closely watching its earnings to determine how China's economic slowdown affected the giant e-commerce performance for that quarter.
FCA Bans Weaving Capital founder Peterson From U.K. Finance Industry As Closure to a Big Scandal
The Financial Conduct Authority banned Weaving Capital (UK) Ltd. Founder Magnus Peterson from working in the financial industry as part of a closure in one of the biggest scandals in the country.




