Maersk Oil, partners to invest $3.4B in North Sea gas

Maersk Oil, partners to invest $3.4B in North Sea gas



The oil and gas division of Copenhagen-based conglomerate AP Moller-Maersk says it will invest 21 billion kroner ($3.4 billion) together with British-Dutch oil multinational Shell, among others, in Denmark's largest gas field in the North Sea.

Read More

Pound holds above $1.35 while FTSE falls

Sterling hangs on to recent gains that were driven by hopes of a Brexit deal.

from BBC News - Business http://ift.tt/2BCsnwo

Read More

Highlights of Senate, House GOP bills to overhaul tax code

Highlights of Senate, House GOP bills to overhaul tax code



The Senate is weighing a roughly $1.4 trillion tax overhaul.

Read More

Senate GOP hustles to meet tax bill holdouts' demands

Senate GOP hustles to meet tax bill holdouts' demands



Senate Republicans are stepping quickly to meet competing demands of holdout GOP senators for a tax overhaul package expected to add $1 trillion to the nation's deficit over 10 years.

Read More

Sale of the century? $300-billion Saudi state sell-off moves slowly

DUBAI/RIYADH (Reuters) - Saudi Arabia's $300-billion privatization program was billed as the sale of the century when Crown Prince Mohammed bin Salman unveiled his plan to great fanfare. Nineteen months later, it is moving at a snail's pace, bankers, investors and analysts familiar with the process say.

from Reuters: Business News http://ift.tt/2BAYlcm

Read More

Mitsubishi Material's unit head quits over data falsification scandal

TOKYO (Reuters) - The head of a unit at Mitsubishi Materials Corp has resigned following a data falsification scandal, the subsidiary announced on Friday.

from Reuters: Business News http://ift.tt/2kc0lDE

Read More

Asian shares, dollar pare gains after US tax bill vote delayed

TOKYO (Reuters) - Asian shares and the dollar rose modestly early on Friday in the wake of Wall Street's advances, but those gains were pared as investors awaited the U.S. Senate's vote on tax reform legislation.

from Reuters: Business News http://ift.tt/2iw1K7H

Read More