Denbury Inc. held talks with more than two dozen potential buyers and rejected two offers from Exxon Mobil Corp. before finally agreeing to sell itself to the Texas oil giant for $4.9 billion in stock last month.
Ghana agreed to terms to swap about $4 billion of domestic debt, taking another step toward meeting its obligations under an International Monetary Fund bailout.
Inflation slowed less than expected in Germany and quickened in Spain, offering European Central Bank officials a partial picture of the region’s price pressures as they judge whether to raise interest rates again.
US companies in August added the fewest jobs in five months, a private report showed, adding to signs of moderating labor demand.
The drop in Gazprom PJSC’s natural gas production showed signs of bottoming out in July, with industry data indicating the smallest annual decline so far this year.
South Africa’s central bank governor defended the bank’s inconclusive findings of a yearlong investigation into whether President Cyril Ramaphosa broke the law when he kept foreign currency at his game farm that was later stolen.
HP Inc. was headed for the largest single-day decline in more than a year after cutting its profit outlook and acknowledging that a rebound in personal-computer demand isn’t coming as quickly as hoped.
An official who was expelled from South Africa’s governing party for unlawfully announcing a decision to remove President Cyril Ramaphosa from his post has started a new movement to contest elections next year, adding to an already crowded field of contenders.
The West should make a “deal” with Russian President Vladimir Putin on Ukraine’s new security architecture, which shouldn’t include the return of Crimea nor membership in the NATO military alliance, according to Hungarian Prime Minister Viktor Orban.
One of Watches of Switzerland Group Plc’s biggest investors cut its stake in the UK-listed timepiece retailer less than 24 hours after Rolex SA decided to buy a rival, Bucherer AG.
