Exxon Mobil agreed to buy U.S. rival Pioneer Natural Resources in an all-stock deal valued at $59.5 billion that would make it the biggest producer in the largest U.S. oilfield and secure a decade of low-cost production.
Ether, the second-largest cryptocurrency, may rise more than five-fold in value by the end of 2026, according to global bank Standard Chartered , its latest prediction of rocketing crypto prices.
Car sales in China increased 4.7 percent in September from the same month a year ago, official data showed, boosted by more people buying discounted and new models ahead of key holidays.
As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are expected to face another setback – the prospects of revamp terms being tightened due to a worsening outlook for the county’s real estate sector.
LVMH-backed Birkenstock was set to list its shares on the New York Stock Exchange on Wednesday after the German luxury sandal maker notched a valuation of $9.3 billion in its U.S. initial public offering.
The Organisation for Economic Cooperation and Development (OECD) published a multilateral treaty on Wednesday that would replace a hodge-podge of national digital services taxes if ratified by enough countries.
Investors expect hedge funds to produce higher returns with the prospect of interest rates staying higher for longer, a BNP Paribas [RIC:RIC:BNPPL.UL] investor survey showed on Wednesday.
Exxon Mobil said on Wednesday it would buy giant shale producer Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, propelling the U.S. oil and gas producer to the top of the country’s largest oilfield.
Britain’s antitrust watchdog is examining whether a $19 billion tie-up between Vodafone’s UK operation and CK Hutchison’s Three UK would substantially lessen competition, it said on Wednesday.
Caroline Ellison, the former co-head of Sam Bankman-Fried’s hedge fund and a pivotal witness in his trial on fraud charges tied to the collapse of his FTX cryptocurrency exchange, is scheduled to retake the stand on Wednesday morning.
