(Reuters) – Oil and gas producer Pioneer Natural Resources said on Thursday it would acquire privately-held DoublePoint Energy in a deal valued at about $6.4 billion, as it looks to strengthen its position in the Permian Basin.Pioneer said the acquired acreage is primarily undrilled and increases its acreage position to more than one million net…
Dylan Carlson’s three-run homer highlighted a six-run first inning, and Paul Goldschmidt had four hits as the visiting St. Louis Cardinals recorded an 11-6 season-opening win over the Cincinnati Reds on a chilly Thursday.Nolan Arenado had two hits with an RBI in his team debut and Tyler O’Neill belted a two-run shot as the Cardinals…
TOKYO (Reuters) – The dollar steadied on Friday ahead of data from the United States that is expected to show an increase in job creation and a lower unemployment rate for March, highlighting a steady recovery from the pandemic in the world’s largest economy.FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken…
TOKYO (Reuters) -Hitachi Ltd said on Wednesday it will buy U.S. software company GlobalLogic Inc for $9.6 billion, including repayment of debt, as the Japanese industrial conglomerate pivots from electronics hardware to digital services.FILE PHOTO: The logo of Hitachi is seen at an office building in Zurich, Switzerland September 10, 2020. REUTERS/Arnd WiegmannThe deal is…
(Reuters) – One of Myanmar’s oldest ethnic minority rebel groups has warned major conflict with the military could soon erupt and has called for international intervention and protection of its people forced to flee fighting.Thai Army soldiers are seen in the background as Karen refugees carry their belongings at Salween riverbank in Mae Hong Son,…
FILE PHOTO: A Commerzbank logo is pictured after the bank’s annual news conference in Frankfurt, Germany, February 12, 2016. REUTERS/Ralph Orlowski/File PhotoFRANKFURT (Reuters) – The supervisory board of Germany’s Commerzbank was making progress on Thursday evening at a meeting to fill vacancies on the board, sources with knowledge of the matter told Reuters.The bank planned…
FILE PHOTO: San Francisco Federal Reserve Bank chief of research Mary Daly stands near the podium before a speech at the CFA Society in San Francisco, California, U.S. July 10 2018. REUTERS/Ann Saphir/File Photo(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday said the U.S. central bank will keep monetary policy easy…
(Adds earlier price range, underwriters, background)March 31 (Reuters) – Frontier Group Holdings Inc was valued at $4 billion after its shares opened 2% below their offer price in the low-cost carrier’s market debut on Thursday.The stock opened at $18.61, compared with the offer price of $19, which was at the lower end of its $19…
(Reuters) – Hammered by the fallout from a surge in U.S. government bond yields, mutual funds and exchange-traded funds that invest in emerging stock markets are now this year’s biggest investment losers, according to Refinitiv Lipper data.FILE PHOTO: A woman looks at an electronic board showing the recent fluctuations of market indices on the floor…
FILE PHOTO: The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns a desk in the reception area of its Sydney office headquarters in Australia, Oct. 28, 2016. HONG KONG (Reuters Breakingviews) – TIERING UP. Regulators have finally come knocking on Macquarie’s door. The Australian Prudential Regulation Authority on Thursday dinged the A$55 billion…