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Deals - Europe Headlines

Petrobras sells oilfield asset to Statoil for $2.5 billion

RIO DE JANEIRO/OSLO Brazil's Petrobras on Friday agreed to sell one of its largest oil and gas prospects to Norway's Statoil for $2.5 billion, the boldest step yet by the state-led energy company to advance its stagnant asset-sale plan and repair its battered finances.

SABMiller backs AB InBev offer for biggest-ever consumer takeover

LONDON/BRUSSELS The board of brewer SABMiller will recommend its shareholders approve a sweetened takeover offer by Anheuser-Busch InBev , the company said on Friday, capping a week of high drama about the fate of the consumer industry's biggest-ever merger.

AB InBev clears China hurdle in SABMiller takeover deal

BRUSSELS/BEIJING Brewer Anheuser-Busch InBev cleared a major hurdle toward its takeover of SABMiller with regulatory approval from China on Friday, leaving the acquisition's future in the hands of the British company's board.

E.ON's Uniper may sell stake in gas field, pipelines: sources

FRANKFURT Uniper, the power plant and energy trading unit owned by German utility E.ON , might put up for sale its stakes in a Russian gas field as well as regional gas pipelines to raise much-needed funds, three people familiar with the matter said.

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Bernie’s brother captures social media in tearful tribute

It's a tearful night for some Bernie Sanders supporters at this year's Democratic National Convention, as delegates from all 57 U.S. states and territories cast their votes, ensuring Secretary Hillary Clinton the Democratic presidential nomination.