Exxon Mobil said on Monday changes in oil prices would increase the company’s second-quarter upstream earnings by $300 million to $700 million compared with the first quarter.
France’s hung parliament is likely to complicate policymaking in the country, credit rating agency S&P Global said on Monday, as it warned sustained weakness in economic growth could see its rating cut again.
Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million to resolve a U.S. Justice Department investigation into two 737 MAX fatal crashes, the government said in a court filing on Sunday.
Eli Lilly will acquire Morphic Holding for $3.2 billion in cash, the companies said on Monday, giving the U.S. drugmaker access to an experimental drug for types of inflammatory bowel diseases.
Porsche is sticking to its guns in its transition of some models to electric vehicles, despite a recent weakness in demand for battery-powered cars, the carmaker’s head of production told magazine Automobilwoche.
U.S. stock index futures were little changed on Monday, at the beginning of a packed week that includes the release of a key inflation reading, Congressional testimony from Federal Reserve Chair Jerome Powell and the start of earnings season.
UK’s competition regulator said on Monday it has cleared U.S. medical equipment maker Thermo Fisher Scientific’s $3.1 billion deal to buy Swedish biotech firm Olink Holding AB .
Vista Outdoor on Monday rejected investment firm MNC Capital’s final buyout offer of $3.2 billion, citing that it undervalued the company, and said it had agreed to an increased bid for its ammunition unit from Czechoslovak Group (CSG).
