Five drugmakers and distributors are offering $22 billion in cash as well as drugs and services they value at $28 billion to resolve lawsuits alleging the industry fuelled the U.S. opioid crisis, two sources familiar with the matter said on Wednesday.
Facebook Inc's ambitious efforts to establish a global digital currency called Libra suffered severe setbacks on Friday, as major payment companies including Mastercard and Visa Inc quit the group behind the project.
PG&E Corp rejected a $2.5 billion offer from San Francisco to buy the bankrupt Californian company's power lines and other infrastructure within the city, calling the offer inadequate.
Sept 3 U.S. oil and gas producer Concho
Resources Inc said on Tuesday it would sell a portion of
its New Mexico assets for $925 million to KKR-backed Spur Energy
Partners LLC and plans to use the money to lower its debt and
Canada's Pembina Pipeline Corp has agreed to buy Kinder Morgan Canada and the U.S. portion of the Cochin pipeline for C$4.35 billion ($3.28 billion), bulking up its storage resources in Canada.
Aug 21 Canada's Pembina Pipeline Corp
has agreed to buy Kinder Morgan Canada and the U.S.
portion of the Cochin pipeline for C$4.35 billion ($3.28
billion), bulking up its storage resources in Canada.
CAE Inc expects strong demand from airlines for pilot training when Boeing Co's grounded 737 MAX jets are cleared to fly, Chief Executive Marc Parent told analysts on Wednesday, after the Canadian training specialist reported lower-than-expected quarterly earnings.
Barrick Gold Corp is not actively seeking to sell its Tongon mine in Ivory Coast and the Massawa project in Senegal but will consider various options for both, Chief Executive Mark Bristow told Reuters on Monday.
U.S. fertilizer company Mosaic Co cut its full-year earnings forecast and posted a lower-than-expected profit, as rains and flooding in the United States hit its volumes and phosphates margins, sending its shares down as much as 12.3%.