By Ron Bousso LONDON (Reuters) – Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power...
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Goldman Sachs shakes up M&A ranks with new global co-chairs: memo
By Pamela Barbaglia LONDON (Reuters) – Goldman Sachs <GS.N> has promoted veteran bankers Michael Carr, Dusty Philip and Gilberto Pozzi to co-chair its global mergers and acquisitions business, a memo seen by Reuters showed....
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Facebook tells Irish court that probe threatens its EU operations – newspaper
DUBLIN (Reuters) – Facebook has told Ireland’s High Court it cannot see how its services could operate in the European Union if regulators freeze its data transfer mechanism, the Sunday Business Post reported, citing court...
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Dutch vote brings Unilever step closer to unification
By Toby Sterling and Martinne Geller AMSTERDAM/LONDON (Reuters) – Unilever NV <UNA.AS> shareholders approved plans to end the Anglo-Dutch company’s dual-headed corporate structure and form a London-based entity, which it...
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Unilever pressing on with unification despite Dutch ‘exit tax’ proposal – CEO
AMSTERDAM (Reuters) – Alan Jope, the chief executive of Unilever <ULVR.L> <UNc.AS>, said on Monday the company would press on with plans to unify despite a Dutch opposition party proposal calling for an “exit...
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EU agency recommends AstraZeneca-Merck drug Lynparza for two cancers
By Aakash B and Pushkala Aripaka (Reuters) – The European Medicines Agency (EMA) has recommended approval for Lynparza in patients with a form of prostate cancer and as a first-line maintenance treatment for a form of advanced...
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