Anadarko Sees Lower 2015 Capital Spending

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Anadarko Petroleum projected capital spending for 2015 of roughly $5.4 billion to $5.8 billion, about a third lower than last year’s level.

Lukoil Hurt by Falling Oil Price

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Russia’s second-biggest oil producer Lukoil said 2014 net profit fell almost 40% to $4.7 billion as it battled plunging oil prices, a weak ruble and high inflation.

Glencore Returns to Profit

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Glencore returned to profitability last year despite a sharp downturn in the commodities it mines and trades.

The Race to Advertise on Alibaba's Marketplaces

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Paid advertising is one way for vendors on Alibaba’s e-commerce platforms to grab customers’ attention. But the competition to land the coveted ad slots is fierce.

Germany's Merck Cautious After Deal Spree

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Germany’s Merck forecasts little or no improvement in earnings this year, with stiff competition for its blockbuster multiple-sclerosis treatment and higher research spending likely to offset the impact of recent acquisitions.

GE CEO Jeff Immelt's Crude Problem

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GE’s CEO already had problems convincing investors he was moving fast enough to remake the conglomerate into a simpler industrial machine, and now there’s this oil business.

Royal Dutch Shell Offers Scrip Dividend

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Royal Dutch Shell gave shareholders the option of receiving a dividend via company stock, a move that other large oil companies have made as cash dries up during a period of low oil prices.

Microsoft Plays Phone Waiting Game

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Microsoft has a new fix-it plan for the company’s smartphone business: Wait a little longer.

Russian Investors Launch New Energy Empire

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Russian investors led by billionaire Mikhail Fridman launched L1 Energy from a purchase of RWE Dea’s assets and threatened legal action if the U.K. tries to block the British part of the deal.

Wynn Resorts Seeks to Block Elaine Wynn From Board

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Wynn Resorts is seeking to block Elaine Wynn—a major shareholder, longtime director and the ex-wife of company Chairman Steve Wynn—from its board.

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