A.T. Kearney sees more mergers and acquisitions in oil industry

Source: Bloomberg
Gas and oil companies are going to spend around $450 billion in order to buy each other in 2015, since poor valuations caused by oil price collapse encourage acquisitions and mergers, said A.T. Kearney's consultants. Brent crude dropped 48% previous year on a surge of North American oil supply and OPEC denial to cut its production.
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Tue, 03 Mar 2015 19:25:05 GMT

European stocks decline

European stocks declined for a second day amid the drop in energy and Barclays Plc shares. The Stoxx Europe 600 Index slid 0.3% to 390.31 as of 1:32 p.m. London time, paring previous 0.3% gains. Meanwhile, Barclays Plc lost 2.7%, while Galp Energia SGPS and Royal Dutch Shell Plc dropped around 2%, pulling energy shares to the weakest productivity amid

Fri, 27 Feb 2015 21:32:03 GMT

European stocks decline from 7-year high as BASF falls

European stocks declined from their strongest point since 2007, when a drop in chemical shares at the head with BASF SE outbalanced surprisingly strong financial results from businesses. The Stoxx Europe 600 Index fell 0.2% to 389.75 as of 11:33 a.m. London time, but it climbed 6.2% in February, heading to a 14% gain this year on Greece bailout deal

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