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Devon Energy will take over large shale oil company in Delaware
The deal will have a volume of around 2.56b Dollar.
Weibo up 2.5% after strong earnings announcement
The Chinese social media platform is up although numbers are not convincing.
Diageo shares up 9%
A positive market outlook for their US and European businesses provides a push for the shares.
Smelter Closures in New Zealand will be delayed by 3 to 5 years
New Zealand´s prime minister assures smelter workers that their jobs will stay for another few years.
Gold mining companies still hesitant to increase production
Despite of the recent surge in prices, many miners still prefer to wait with increasing their production.
After-hours marijuana use does not decrease productivity
One study shows that the quality of work does not suffer from regular evening cannabis use.
Prices for Brent on a five-month high
Supply cuts in Dubai and growing demand from China push for an oil price increase.
China is eyeing the lucrative US market for Electric Vehicles
New companies from China aim to take over market share in the US.
Norway is giving a tax relief to its oil industry
The Scandinavian country will decrease taxes in the industry for up to 40%.
Brazilian Oil Giant Petrobras starts major deepwater oil project
The state-run oil company has started the first development phase at the Santos Basin.