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.
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.
This time, there was no retreat. Moreover, shares across markets revived with Chinese stocks surging for the second day after the recent rout.
Move over Humvee, there's a new vehicle in town that combines the ballistic protection of a light tank with the off-road mobility of a Baja racer.
... * 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).