HOUSTON/NEW YORK (Reuters) - Oilfield services provider Baker Hughes Inc said on Thursday it is in preliminary merger talks with its larger rival Halliburton Co, though any potential deal would likely face antitrust concerns.
LONDON (Reuters) - The oil market has entered a new era with lower Chinese economic growth and booming U.S. shale output, making a return soon to high prices unlikely, the West's energy watchdog said on Friday.
LONDON (Reuters) - European stocks fell back on Friday and U.S. stocks looked set to open flat after a mixed bag of euro zone growth numbers that showed France and Germany growing marginally but others like Italy still firmly in recession.
BRUSSELS/LONDON (Reuters) - A tax deal the Netherlands cut with Starbucks Corp may be illegal state aid, European Union regulators said on Friday, part of a crackdown on members attracting investment by helping companies to avoid tax.
LONDON (Reuters) - Pfizer appears unlikely to make a fresh bid for AstraZeneca in 12 days time, when an enforced cooling-off period ends, and the U.S. drugmaker is now weighing other less risky targets.
BRUSSELS (Reuters) - Euro zone economic growth was stronger than expected in the third quarter, preliminary data showed on Friday, as France beat market expectations and Germany steered clear of a recession.
LONDON (Reuters) - Banks' financial trading revenues rose in the third quarter thanks to an increase in market volatility, but the rise was not enough to offset the fall seen in the first half of the year, according to a new survey on Friday.