Carlyle Group Inc. is exploring a multibillion-dollar bid for a large part of Austrian energy company OMV AG’s oil and gas portfolio, in what would be a bold move by a buyout firm to further expand into fossil fuels, people familiar with the matter said.
Chinese stocks listed in the US extended gains on Tuesday, as officials vowed to speed up Covid shots for the elderly and to avoid excessive restrictions, fueling a new round of bets that Beijing is bending to pressure for an economic reopening.
Bank of Nova Scotia got a boost from its retail banking franchises in its fiscal fourth quarter, with businesses in Canada and abroad ramping up borrowing.
UK Energy Secretary Grant Shapps said he’s sure the UK will have enough natural gas this winter after favorable temperatures and increased storage capacity lowered the prospects of a shortage in coming months.
Apple Inc. has shelled out more than $550 billion buying back its own shares over the past decade, more than any other US company, and the technology juggernaut shows no signs of slowing down.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}