Midtier exploration and production companies live or die on oil prices as they don’t have side businesses like refining and processing to insulate them. Tullow Oil PLC is one of the ones currently suffering.
Motorcycle riders between 55- and 64-years-old accounted for 16.3% of motorcycle crash deaths in 2013, up from 9.3% a decade earlier and less than 3% in the early 1990s, according to statistics from the U.S. traffic safety agency.
Chinese private-equity firm Hopu Investment Management is among investors putting a total of just over $1 billion into Xiaomi in a deal valuing the smartphone maker at over $45 billion, according to a person familiar with the situation.
The Bundesbank is now powerless to stop the eurozone’s debts becoming mutualized on the ECB’s balance sheet. But acquiescing might secure for Germany some degree of control over surrender terms, says Simon Nixon.
UPS all year has been focused on one day above the rest: Monday Dec. 22, when it will deliver 34 million packages, more than any other in its history—putting a new high-tech sorting system to the test.
An FDA rebuke of televised comments made by Aegerion’s CEO—which led the company to air a TV commercial correcting the statements—was prompted by complaints from a government drug reviewer, according to emails viewed by The Wall Street Journal.
Ferrovial abandoned a takeover bid for Australia’s Transfield Services, a major setback in the Spanish construction company’s plan to compete for billions of dollars of new infrastructure projects Down Under.