LONDON Oil extended gains on Friday and was set for its biggest weekly rise in over six years after U.S. Federal Reserve minutes suggested it was in no hurry to raise interest rates and an influential forecaster predicted a price rally.
Danish firm DSV, the world�s sixth-largest logistics company, has agreed to buy U.S.-based UTi Worldwide Inc. UTIW -3.28 % for $1.35 billion in a move aimed at boosting its long-term growth prospects outside Europe.
The UK government has decided to convert part of its stake in Royal Bank of Scotland from non-voting B shares into ordinary shares to make them easier to sell, part of its push to privatise the state-backed banks.
By Patricia Cohen Worries that inflation would continue to lag because of weaker economic growth abroad, particularly in China, helped nudge members of the Federal Reserve to postpone dialing back on their stimulus campaign last month, according to the ...
(Reuters) - Acquisition talks between EMC Corp. and Dell Inc. are significant not just for the size of the potential transaction but also for a common element behind this and dozens of other major tech deals over the past decade: Elliott Management.