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Aetna CEO defends merger with Humana in antitrust trial

WASHINGTON Aetna Inc's chief executive denied on Friday that its withdrawal from some Obamacare exchanges was in retaliation for government efforts to halt its merger with Humana Inc , as he sought to convince a federal judge to approve the deal. The U.S. Justice Department sued to stop the $34 billion (£27 billion) tie-up in July, saying that it and another insurance megamerger, Anthem Inc's planned purchase of Cigna Corp , would

Saudis order oil cuts to U.S., Europe before non-OPEC talks

VIENNA Saudi Arabia has told its U.S. and European customers it will reduce oil deliveries from January, as Russia said it was confident non-OPEC producers would fully join OPEC's output limits on Saturday in the first such move since 2001.

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