Spanish oil firm Repsol (REP.MC) is set to accelerate a $10 billion acquisition drive to take advantage of lower U.S. shale valuations in the face of falling oil prices and eventually fill a gap left by the 2012 seizure of its Argentine business.
Sectors
Publicis to buy U.S.-based Sapient for $3.7 billion
Publicis (PUBP.PA), the world's third-largest advertising holding company, has agreed to buy digital ad specialist Sapient for $3.7 billion in cash as it seeks to accelerate growth after a botched merger earlier this year.
Xstrata founder Davis bids for Anglo American assets
Mick Davis, the former boss of miner Xstrata, has made an offer for Anglo American assets including copper mines in Chile, Brazilian nickel mines and some coal operations, the Sunday Times reported without citing sources.
Daimler opens Beijing R&D center to tune Mercedes-Benz to Chinese tastes: exec
Daimler AG (DAIGn.DE) has opened a research and development (R&D) center in Beijing tasked with further tuning its Mercedes-Benz brand to wealthy Chinese tastes and closing the sales gap with Audi AG (NSUG.DE) and BMW AG (BMWG.DE).
Virgin Galactic CEO sees new spacecraft ready next year
Virgin Galactic could have a new spacecraft ready to fly by next year, the chief executive of Richard Branson's space tourism company said in an interview published on Sunday, reacting to concerns about the safety of technology used in the Virgin craft that crashed last week
Latest News
Diageo PLC (DGE.L) is nearing a deal with Jose Cuervo that would give the British liquor company full ownership of Don Julio tequila in exchange for its Bushmills whiskey label, the Wall Street Journal reported on Saturday, citing people familiar with the matter.
Data from both sides of the Atlantic will give clues in the coming week on just how bad the euro zone economy is and just how sustainable is its U.S. counterpart.
When Prime Minister Shinzo Abe raised Japan's sales tax from April, he was betting he could break a jinx that has doomed leaders who raised the levy to losing their jobs.
India's Prime Minister Narendra Modi said on Sunday he was committed to bring back funds illegally deposited in banks outside the country to avoid tax, widely referred to as "black money".
Investors betting that oil prices will recover are starting to support the battered prices of high-yield bonds from exploration and production (E&P) energy companies.
Richard Branson is set to meet his Virgin Galactic space team in California's Mojave Desert on Saturday following the crash of a passenger spaceship being developed by his company that killed one pilot and seriously injured the other.
A divided U.S. appeals court rejected UBS AG's (UBSN.VX) bid to force Nasdaq OMX Group Inc (NDAQ.O) to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of Facebook Inc's (FB.O) $16 billion initial public offering.
J.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors, the New York Times and Wall Street Journal reported, citing people familiar with the matter.
Samsung said its collaboration with Microsoft on Windows phones raised antitrust problems once Microsoft completed its acquisition of Nokia's handset business, according to a court filing.
