Baker Hughes Inc
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GE, Baker Hughes To Merge Oil And Gas Operations
The new company will still be called Baker Hughes, but GE will own 62.5 per cent of it. Halliburton Co attempted a buyout of its rival earlier this year, but abandoned the $35 billion bid after US antitrust regulators stepped in.
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Oil Up Sharply, Posts First Monthly Gain Since June
Both Brent and US futures briefly pared gains after Baker Hughes Inc data showed its US oil drilling rig count fell only 33 to 986 this week.
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Oil Falls as IMF Cuts Forecast; Iran Hints at $25/Barrel
Oil fell as much as 5 per cent on Tuesday after the International Monetary Fund (IMF) cut its 2015 global economic forecast on lower fuel demand and key producer Iran hinted prices could drop to $25 a barrel without supportive action from the Organization of the Petroleum Exporting Countries (OPEC).
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Accenture cuts full year outlook as consulting slows further
Outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients, after reporting third-quarter revenue below analysts' estimates.
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GE, Baker Hughes To Merge Oil And Gas Operations
The new company will still be called Baker Hughes, but GE will own 62.5 per cent of it. Halliburton Co attempted a buyout of its rival earlier this year, but abandoned the $35 billion bid after US antitrust regulators stepped in.
-
Oil Up Sharply, Posts First Monthly Gain Since June
Both Brent and US futures briefly pared gains after Baker Hughes Inc data showed its US oil drilling rig count fell only 33 to 986 this week.
-
Oil Falls as IMF Cuts Forecast; Iran Hints at $25/Barrel
Oil fell as much as 5 per cent on Tuesday after the International Monetary Fund (IMF) cut its 2015 global economic forecast on lower fuel demand and key producer Iran hinted prices could drop to $25 a barrel without supportive action from the Organization of the Petroleum Exporting Countries (OPEC).
-
Accenture cuts full year outlook as consulting slows further
Outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients, after reporting third-quarter revenue below analysts' estimates.
