United States

Shubham Kalia

Ophir agrees to be bought by Indonesia's Medco in a sweetened bid

Mar 20 2019

London-listed Ophir Energy Plc said on Wednesday it agreed to be bought by Indonesian oil and gas group Medco for a sweetened cash bid of 408.4 million pounds ($539 million) after previously agreeing to a lower offer.

YouTube to launch music streaming service next week

May 17 2018

Google's YouTube will launch a music streaming service next week, it said on Thursday, looking to use its popular internet video brand to tap the growing market for paid music streaming. | Video

Amazon halts plan for office tower in Seattle over proposed tax

May 03 2018

Amazon.com Inc said it has halted planning for a new office building in Seattle and might sub-lease rather than occupy another future tower downtown, pending a city council vote on a proposed tax on top businesses.

Boeing to buy aerospace parts maker KLX for about $3.2 billion

May 01 2018

Plane maker Boeing Co said on Tuesday it will buy aerospace parts company KLX Inc for about $3.2 billion in cash to expand its aircraft services business.

Blackstone buys back 10 percent in warehouse firm Logicor - source

Dec 12 2017

A Blackstone real estate fund is buying a 10 percent stake in Logicor Ltd just months after selling the European warehouse firm to a Chinese sovereign wealth fund, a source familiar with the matter said on Tuesday.

Uber's third-quarter net loss widens to $1.46 billion: source

Nov 29 2017

Uber Technologies Inc's [UBER.UL] quarterly losses widened, a source familiar with the matter told Reuters on Tuesday, as the ride-hailing company wades through legal troubles and faces regulatory scrutiny across the globe. | Video

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