U.S. utility owner Sempra Energy has agreed to buy control of Texas power distributor Oncor Electric Delivery Co. for $9.45 billion, topping a bid by Warren Buffett's Berkshire Hathaway Inc. just last month.
BEIJING/SHANGHAI (Reuters) - China's Great Wall Motor Co Ltd (601633.SS) is interested in bidding for Fiat Chrysler Automobiles (FCA) (FCHA.
SINGAPORE (Reuters) - Oil dipped on Monday, weighed down by rising U.S. output although a 13 percent fall in U.S. crude inventories since March indicated a gradually tightening market.
The similarities are hard to miss. Last October, the 79-year-old Ratan Tata staged a coup to oust his successor Cyrus Mistry, 49, as chairman of the $100 billion conglomerate that bears his family's name.
Asia markets were mixed in Monday trade as investors digested political developments in Washington while U.S.-South Korea joint military drills kicked off.