Sectors
WPX Energy to enter Permian basin with $2.35 billion deal
Oil and gas producer WPX Energy Inc (WPX.N) said it would acquire privately held RKI Exploration & Production LLC [REPI.UL] for $2.35 billion, the latest in a series of deals brought on by a steep drop in crude prices.
EU steps up pressure for rapid deal to revive asset-backed debt
European Union reform of the securitized debt market to help to revive the region's economy is likely to be binding on member countries to speed up change, a senior official from the bloc's executive body said on Tuesday.
Crude slides as Iran clinches historic nuclear deal
Oil dropped on Tuesday after Iran and six global powers reached a landmark nuclear deal that would see an easing of sanctions against Tehran and a gradual increase in its oil exports.
From 'Minions' to millions: the animated film beats Toy Story 3 for biggest opening weekend
Universal and Illumination Entertainment's Minions had made it as the second biggest animated movie when it was first shown in cinemas on July 12, ending the week with $115.2M next to Shrek the Third ($121.6M) in 2007 and beating Toy Story 3 ($110.3M) in 2010.