(Reuters) -Shell Plc is working with advisers to evaluate a potential acquisition of rival BP (NYSE:BP) Plc, though it is waiting for further stock and oil price declines before deciding whether to pursue a bid, Bloomberg News reported on Saturday citing people familiar with the matter. The oil major has been more seriously discussing the feasibility and merits of a takeover with its advisers in r ...
By Gabriel Araujo and Patricia Vilas Boas SAO PAULO (Reuters) - Brazilian airlines are enjoying a boost as fans from all over the country fly to Rio de Janeiro ahead of a free Lady Gaga concert that is expected to draw more than 1 million fans to Copacabana Beach this weekend. The 39-year-old "Die with a Smile" and "Poker Face" singer from New York will take the stage at the famous beach on Saturd ...
(Reuters) -Warren Buffett, 94, announced on Saturday he will step down as chief executive of Berkshire Hathaway (NYSE:BRKa) at the end of 2025, and hand over the reins to Vice Chairman Greg Abel. Here are reactions: Brian Moynihan, CEO at Bank of America: "Warren Buffett has achieved unparalleled success over a seven-decade-plus career. Beyond his business success, his unprecedented philanthropic ...
(Reuters) -Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of U.S. President Donald Trump’s tariffs, London’s Times newspaper reported on Saturday. The first shipments of JLR vehicles bound for the U.S. for almost a month left Britain on Wednesday, the report said. A JLR spokesperson said in an emailed statement that the U.S. is a key m ...