- Chesapeake Energy Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling the post vacated by co-founder Aubrey McClendon, the Wall Street Journal reported, citing people familiar with the matter.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
EADS denies report of BAE merger collapse
PARIS (Reuters) - EADS denied on Friday a German news report that its proposed $45 billion merger deal with BAE Systems had collapsed.
"We have been informed by the governments about the status of the discussions, but in no way have we been told that the deal is off," a spokesman for EADS parent EADS said.
"We continue to work towards the October 10 deadline that we have been given by the UK government," he added.
Der Spiegel reported in its online edition earlier that Britain, France and Germany, whose approval is necessary for the huge European aerospace merger to go ahead, had failed to agree.
A BAE spokesman declined comment.
(Reporting by Tim Hepher, Kate Holton)
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