Cenovus Energy Inc has agreed to buy rival Husky Energy Inc in an all-stock deal valued at C$3.8 billion ($2.9 billion) to create Canada's No. 3 oil and gas producer as a pandemic-driven demand collapse and weak oil prices force the industry to consolidate.
Volkswagen plans to make British luxury carmaker Bentley a subsidiary of its Audi division as it seeks economies of scale among its top-end brands, German trade publication Automobilwoche reported.
A Singapore arbitration panel has put on hold Future Group's $3.38 billion asset sale to Reliance Industries, an interim win for Amazon.com Inc which had alleged the deal between the Indian firms breached some existing agreements.
With earnings season in full swing, more companies are again offering earnings guidance, signaling to investors that some corporations are adapting to uncertainty about a global pandemic that may extend deep into next year.
A U.S. judge in San Francisco on Friday rejected a Justice Department request to reverse a decision that allowed Apple Inc and Alphabet Inc's Google to continue to offer Chinese-owned WeChat for download in U.S. app stores.
Qatar has signed an agreement with drugmaker Moderna Inc to buy its potential COVID-19 vaccine as soon as it is approved and released for global use, state news agency QNA quoted a health official as saying on Sunday.
Facebook Inc may face U.S. anti-trust charges as soon as November, the Washington Post reported on Friday, citing four people familiar with the matter.
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