Halliburton Co. (HAL), Baker Hughes Inc. (BHI) Call Off $28B Merger Over Antitrust Concerns
Following the collapse of the proposed merger, Baker Hughes announced Monday it planned to buy back $1.5 billion of shares and repay $1 billion in debt.
AB InBev Offers To Sell SABMiller’s East, Central European Brands To Alleviate EU Antitrust Concerns
The proposal, submitted to the European Commission, is aimed at gaining regulatory approval for AB InBev's $108 billion acquisition of its British rival.
Scientists Trace High-Energy Cosmic Neutrino Back To Its Home ‘Blazar’
In 2012, detectors at the IceCube Neutrino Observatory in Antarctica recorded a high-energy neutrino outburst. Now, researchers believe they have discovered its point of origin.
Eurozone Q1 2016 GDP Growth Doubles, But Inflation Turns Negative
The 19-nation bloc grew at its fastest pace in a year in the first quarter of 2016, but consumer prices fell more than expected.
Royal Bank Of Scotland Group (RBS) Q1 2016 Net Loss Widens To $1.4B, Revenue Drops 13%
The bank, which is 73 percent state-owned, attributed the $1.4 billion loss to a one-off dividend payment to the U.K. government.
Yuan Jumps After People’s Bank Of China Raises Currency Midpoint By Most In 11 Years
On Friday, the People’s Bank of China raised the midpoint for yuan’s trading band against the dollar at its sharpest pace in nearly 11 years.
Kenya To Burn Over 100 Tons Of Elephant Tusks To Deter Poaching And Global Ivory Trade
On Saturday, Kenyan authorities will burn over 100 tons of elephant tusks — constituting nearly 5 percent of the world's ivory.
Global Stocks Fall After Bank Of Japan Fails To Provide Stimulus Boost
Stock markets traded broadly lower Thursday as investors reeled under the Bank of Japan’s decision to hold fire on stimulus.
Amazon.com Inc (AMZN) Q1 2016 Revenue, Profit Expected To Rise On Growth In Cloud Computing Division
The online retailer’s first-quarter performance is likely to have been bolstered by an increase in profitability in its North American and cloud services segments.
Bank Of Japan Holds Fire On Fresh Stimulus; Nikkei Falls, Yen Rallies
The central bank held fire on expanding monetary stimulus despite fresh data adding to concerns about the state of the world’s third-largest economy.
Distant Icy Dwarf Planet Makemake Has A Dark Little Moon, Hubble Images Reveal
The Kuiper Belt object, long thought to be moonless, has a tiny moon merely 100 miles across, new images captured by the Hubble telescope reveal.
Asia Stocks Slip, Europe Subdued Ahead Of BOJ, US Fed Meetings; Oil Surges Amid Prospects Of Easing Glut
The U.S. Federal Reserve will make its monetary policy announcements Wednesday, while the Bank of Japan will review its policy Thursday.
CERN Releases 300 TB Of LHC Proton Collision Data, Along With Tools Needed To Study It
Despite its staggering size, the released data covers only half of the proton collision data collected by the CMS detector in 2011.
Barclays (BARC) Q1 Profit Misses Forecast; Drops 25% On Weakness In Investment Banking Division
The drop in pretax profit and smaller-than-expected 13 percent fall in revenue was largely due to weakness in Barclays' investment banking division.
UN Expresses ‘Deep Concern’ Over Israel’s Claim On Golan Heights, Calls It ‘Null And Void’
The territory, internationally recognized as part of Syria, has been under Israeli control since the end of the Six-Day War in 1967.
Global Stocks Subdued Ahead Of US Fed, BOJ Meeting As Risk-Averse Investors Exercise Caution
One of the things investors were watching was the possibility that Japan's central bank will introduce negative lending rates.
NASA’s Advances ‘New Aviation Horizons’ Program To Develop Quieter, Greener Supersonic Jets
As part of its “New Aviation Horizons” initiative, the space agency aims to design, build and fly a new generation of supersonic planes.
Xerox Corp (XRX) To Report Q1 2016 Earnings Monday; Revenue Forecast To Decline Slightly
Analysts expect the company to report revenue of $4.24 billion in the three-month period ending March 31, down from revenue of $4.47 billion in the year-earlier period.
Saudi Arabia To Reveal ‘Vision 2030’ Plan To Wean Economy Off Oil
On Monday, Deputy Crown Prince Mohammed bin Salman will unveil “Saudi Vision 2030,” which aims to minimize the kingdom’s dependence on oil revenue.
Ted Cruz And John Kasich Team Up To Block Donald Trump
The two GOP candidates said they would cede certain states to each other to prevent Trump from getting enough delegates to win.
US To Purchase Heavy Water From Iran For $8.6 Million, Deal To Be Signed Friday
The U.S. Department of Energy will purchase 32 tons of heavy water from Iran’s Atomic Energy Organization in a deal valued at $8.6 million, American officials said Friday.
China Announces Plans To Send Rover To Mars Around 2020
The country will send an unmanned rover to Mars by "around 2020," the country’s top space official announced Friday.
NASA Celebrates Hubble’s Birthday With Gigantic Cosmic Bubble
On Sunday, the Hubble Space Telescope — product of a collaboration between NASA and the European Space Agency — will turn 26.
Chernobyl 30 Years On: Work On Giant Confinement Structure Set To Replace Ageing Sarcophagus Nears End
Almost 30 years after the world’s worst nuclear disaster, a construction project that aims to enclose a nuclear plant inside a giant stainless steel arch is nearing its end.
McDonald’s Corporation (MCD) Q1 2016 Profit Expected To Rise, Revenue Projected To Drop
In the previous two quarters, the fast-food giant’s sales were boosted by the launch of its all-day breakfast menu.
UK Announces Plan To Accept 3,000 Syrian Child Refugees By 2020
The children would be resettled in the country over the next four years, the British immigration ministry announced Thursday.
Novartis AG (NOVN) Q1 Earnings Decline As Cancer Drug Sales Fall
In the three-month period ending March 31, sales of Gleevec — hurt by the launch of a cheaper generic version in the U.S. in February — fell 22 percent.
Over 90% Of Great Barrier Reef Corals Are Now Bleached, Survey Reveals
Human-induced climate change, coupled with the effects of El Niño, is responsible for the rise in sea temperatures that triggered the bleaching.
European Central Bank Chief Mario Draghi Expected To Fend Off German Criticism During Thursday Meeting
European Central Bank officials, including President Mario Draghi, will focus on defending the central bank’s policy that has recently come under severe criticism in Germany.
Meet WISEA 1147: A Young, Free-Floating Low-Mass Brown Dwarf
A new NASA study has provided fresh evidence that at least some of the free-floating objects that abound in our universe may be low-mass stars known as brown dwarfs.