BUSINESS

Exxon Mobil Corp and Shell PLC on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager IKAV, ending a 25-year-long partnership that was one of the largest oil producers in the state.

U.S. mining companies, automakers and a bipartisan group of congressional members are recommending that the federal government cut the time needed to permit a new mine in order to boost domestic production of electric vehicle minerals.

A federal appeals court has revived https://fingfx.thomsonreuters.com/gfx/legaldocs/znvneweoopl/Arrington%20v%20Burger%20King.pdf a potential class action against Burger King over its prior use of a "no-hire" clause that blocked all franchisees from hiring each other's employees.

Britain's antitrust regulator said Microsoft Corp's $69 billion acquisition of "Call of Duty" maker Activision Blizzard could harm competition in gaming consoles, subscription services and cloud gaming, and it needed to be investigated in depth.

Mexico's stock exchange operator (BMV) is a top candidate to be bumped from the country's main stock index in its next rebalancing, which has suffered the weakest performance of any Latin American stock market, reduced turnover and more delistings, analysts said this week.

Brazilian Amazon records worst August for fires in 12 years

Johnson & Johnson has agreed to pay $40.5 million to settle New Hampshire's claims over the company's role in the U.S.

S.African court confirms Shell seismic exploration ban

'Cosmoss': Supermodel Kate Moss launches wellness brand

Yen sinks to new 24-year low against dollar

The membership program from Disney could offer a range of perks that take advantage of its other company offerings.

Independent journalism under attack in Central America

Brazil economy grows 1.2% in Q2, beating expectations

Afghan woman says she was raped, forced to marry Taliban official

Twitter Inc will launch a widely requested edit button for its paid subscribers in the coming weeks, the social media company said Thursday.

EU watchdog approves first Omicron jabs

Ford has issued a recall for thousands of SUVs after receiving 25 reports of fires.

U.S. federal prosecutors asked Binance, the world's largest cryptocurrency exchange, to provide extensive internal records about its anti-money laundering checks, along with communications involving its chief executive and founder Changpeng Zhao, according to a late-2020 written request seen by Reuters.

Sam's Club last hiked the price of its entry-level membership nine years ago, while its Plus membership hasn't seen a price increase since 1999 when it was launched.

The Los Angeles Angels could sell for over $2 billion.

Mark Cuban is the richest "Shark Tank" judge, with a net worth of $4.6 billion.

The first stress tests to assess banks' exposure to the risks of climate change are underestimating the worst-case scenario, the European Central Bank and Bank of England have said, underscoring the challenge of making such exercises more useful.

Russian firm Lukoil says chairman dies after 'serious illness'

More farm equipment dealers are going out of business, leaving a handful of companies with control of a large swathe of the market and greater ability to set prices for selling and repairing equipment, according to interviews with farmers, equipment dealers and analysts.

South Korea's national security adviser said on Thursday the United States has promised to review the impact of its new rules on subsidies for electric vehicles following concern they could hurt South Korean automakers, Yonhap news agency reported.

Rosmah Mansor: rise and fall of luxury-loving former Malaysia first lady

China slams UN report alleging litany of rights abuses in Xinjiang

IMF agrees to $2.9 bn bailout for bankrupt Sri Lanka

Chipmaker Arm is suing Qualcomm Inc for breaching contract and trademark infringement.