Shell to Sell Nigeria Onshore Oil Business for Up to $2.4 Billion

[ad_1] Updated Jan. 16, 2024 5:42 am ET Shell has agreed to sell its Nigerian onshore oil subsidiary for up to $2.4 billion, making good on a promise to exit…

SQM Strikes Lithium Deal With State-Run Miner Codelco

[ad_1] Chilean lithium company SQM has reached an agreement with state-run miner Codelco to jointly produce the key energy-transition metal that abounds in the country’s desert salt flats. Under the…

Microsoft-OpenAI Partnership Draws Scrutiny From U.K. Regulator

[ad_1] Updated Dec. 8, 2023 8:47 pm ET U.K. regulators said they are examining Microsoft’s partnership with OpenAI, marking a first push by one of the world’s most influential competition…

Brookfield’s Origin Saga Shows It’s Hard to Price Polluters

[ad_1] Updated Nov. 29, 2023 12:36 am ET|WSJ Pro SYDNEY—At the heart of a nearly US$11 billion takeover tussle for the owner of several Australian coal-fired power plants is a…

WSJ News Exclusive | Apple Pulls Plug on Goldman Credit-Card Partnership

[ad_1] Apple is pulling the plug on its credit-card partnership with Goldman Sachs, the final nail in the coffin of the Wall Street bank’s bid to expand into consumer lending.  …

Stellantis Repurchases $1.02 Bln Shares From Dongfeng Motor

[ad_1] Stellantis has bought back 50 million common shares from Dongfeng Motor International valued at 934 million euros ($1.02 billion). The maker of Jeep, Dodge and a dozen other brands…

Brookfield Consortium’s Revised Origin Energy Offer Fails to Convince Biggest Shareholder

[ad_1] Updated Nov. 23, 2023 12:11 am ET SYDNEY—A consortium led by Brookfield Asset Management made last-ditch changes to its near US$11 billion offer for Origin Energy but failed to…

ARCELLX AND KITE ANNOUNCE EXPANSION IN STRATEGIC PARTNERSHIP

[ad_1] — Arcellx to receive $200M equity investment at $61.68 per share and an $85 million upfront cash payment — — Kite exercises option to Arcellx’s ARC-SparX program ACLX-001 in…

WSJ News Exclusive | Disney Plots Future of Its Traditional TV Networks

[ad_1] Disney is examining whether its future should include fewer television networks. After Chief Executive Bob Iger said last summer that some of Disney’s TV networks, which include ABC, FX…

Biotech Companies Tap Saudi Arabia for Venture Funding

[ad_1] Nov. 10, 2023 6:00 am ET|WSJ Pro Some biotechnology startups are raising capital from Saudi Arabia as U.S. venture funding retreats and Middle East countries seek to boost their…