Trading

BHP Intends to Sell US Shale Business

BHP Billiton Ltd. (bhplf) bowed to activist investors seeking a streamlining of its business by unveiling plans to sell its

China blasts U.S. ‘protectionism’ after Trump triggers trade probe

China has attacked the Trump administration’s decision to launch an investigation into some of its trade practices. The Chinese Commerce

India’s Essar closes sale of refining arm to Rosneft-led consortium

MUMBAI (Reuters) – India’s Essar Group on Monday announced closure of $ 12.9 billion deal to sell its refining arm

Infosys shares extend losses after CEO quits

Shares of Infosys Ltd fell as much as 4.6 percent on Monday to a near three-year low, slumping for a

Rosneft, partners to announce acquisition of India’s Essar Oil completed

NEW DELHI/MUMBAI (Reuters) – A consortium led by Russian oil major Rosneft(ROSN.MM) will announce on Monday completion of a $

This Theory Links Eclipses With Market Crashes

Bored traders with too much computer power have found the key to the next stock market crash: the solar eclipse.

Infosys approves up to $2 billion buyback of shares

MUMBAI (Reuters) – India’s second-biggest IT firm Infosys said on Saturday it will buy back shares worth up to 130

Disney Snubs Netflix: What It Means

It’s a brewing battle fit for a Marvel series. On Aug. 7, Netflix (nflx) announced its first-ever acquisition, snapping up

Energy Capital Partners Snaps up Calpine for $5.6 Billion

Power generator Calpine Corp (cpn), which owns some 80 power plants across the U.S. and Canada, said it has agreed

After Sikka’s dramatic exit, Infosys faces recruitment headache

 The dramatic departure of Vishal Sikka as chief executive of Infosys, following a months-long public battle with the tech giant’s