ROME - The Italian energy company Eni says it has discovered a "supergiant" natural gas field off Egypt. A company statement on Sunday is calling it the "largest-ever" found in the Mediterranean Sea.
This time, there was no retreat. Moreover, shares across markets revived with Chinese stocks surging for the second day after the recent rout.
Billionaire investor Warren Buffett's company Berkshire Hathaway has amassed a stake worth nearly $4.5 billion in Phillips 66 more than a year after trading a chunk of its holding in the oil refiner for a chemical business investment.
... * Suzuki chief says he feels 'so refreshed'. * VW welcomes clarity, says cooperation now ended. * German stake worth about $3.8 bln at Friday's close (Adds Volkwagen comment, details, reaction).
Australian markets are set for relative calm after the upheaval of the past two weeks, with a steady flow of high-level economic data, including June-quarter gross domestic product, providing the focus for local investors.