(Reuters) - Halliburton Co will buy Baker Hughes Inc for about $35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger NV as falling oil prices threaten to erode demand.
TOKYO (Reuters) - Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election two years before he has to go to the polls.
(Reuters) - Allergan Inc is close to a buyout deal worth up to $65.5 billion by Actavis Plc, one that could end months of pursuit by Canada's Valeant Pharmaceuticals and William Ackman's hedge fund, Pershing Square Capital Management, according to a person familiar with the matter.
WASHINGTON (Reuters) - The Federal Reserve said it is hosting a meeting on Monday with banks and regulators to discuss the development of a reference rate alternative to LIBOR, the London interbank rate that was at the center of a global rigging scandal.
FRANKFURT/LONDON (Reuters) - Pfizer dampened investors' expectations of a renewed bid for AstraZeneca on Monday by signing a major cancer drug deal with Germany's Merck KGaA , reducing the U.S. firm's need for Astra's products.
(Reuters) - The deadline to file claims under General Motors Co's faulty ignition-switch compensation program has been extended by one month to Jan. 31, 2015, the program's administrator, Kenneth Feinberg, said on Sunday.
TOKYO (Reuters) - Japan's Toray Industries said it will be the sole supplier of carbon fiber for Boeing Co's 777X passenger jet in addition to the 787 Dreamliner and expects orders to exceed $8.6 billion for both planes.
BEIJING (Reuters) - A free trade agreement between China and South Korea should be effective in the second-half of next year if all goes well, a top commerce ministry official said on Monday, ending negotiations that started in 2012.
DETROIT (Reuters) - Ford Motor Co said on Sunday night it was cooperating with U.S. safety regulators investigating a report the driver of a 2007 Ford Mustang was injured in August by a metal fragment from the car's air bag.