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Whiting reported to be seeking buyer, but source says not aware
Whiting Petroleum Corp (WLL.N), North Dakota's largest oil producer, is seeking a possible buyer, according to the Wall Street Journal, but a person familiar with the board's thinking told Reuters he was not aware of any such plan.
Newcomers jump into activist investing, eying returns and capital
The largest new field of activist investors in years is shaking up corporate America, seeking to tap into billions of dollars in available capital and inspired by the outsized returns of brand-name agitators like William Ackman and Carl Icahn.
U.S. oil rig count hits lowest since April 2011: Baker Hughes
The number of U.S. drilling rigs in use fell sharply in the week to Friday, almost doubling the cuts of the past two weeks and hitting the lowest since April 2011, a survey showed.
China says aims to finish Asian free-trade talks by December
China hopes to finish talks on creating an Asian free-trade bloc estimated to cover 28 percent of the world economy by the end of this year, the country's trade minister said on Saturday.