Occidental Petroleum is set to raise $13 billion  through the US bond market   to fund its takeover of Anadarko. Photograph: Reuters

Occidental Petroleum is set to raise $13 billion (€11.6 billion) through the US bond market on Tuesday to fund its takeover of Anadarko, an acquisitio(...)

Teneo chief executive Declan Kelly.

The Declan Kelly-led communications and advisory firm Teneo has been dragged into arbitration after having worked for both sides in the takeover battl(...)

Photograph: Loren Elliott/Reuters

Chevron abandoned its takeover bid for Anadarko on Thursday, outmanoeuvred by Occidental Petroleum’s higher, $38 billion offer that included more than(...)

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE)

Occidental Petroleum moved a step closer to sealing its proposed $38 billion acquisition of Anadarko Petroleum after it sweetened its offer and agreed(...)

Berkshire Hathaway chief Warren Buffett ahead of the company’s annual meeting in Omaha, Nebraska on Saturday. Photographer: Houston Cofield/Bloomberg

Warren Buffett underlined his commitment to buy back shares of Berkshire Hathaway to the tens of thousands of shareholders at the company’s annual mee(...)

Warren Buffett, CEO of Berkshire Hathaway.

Warren Buffett’s Berkshire Hathaway has pledged to invest $10 billion (€9 billion) in Occidental Petroleum to back its $55 billion bid for rival Anada(...)

An Anadarko installation  in the Gulf of Mexico. Photograph: EPA

Oil and gas producer Occidental Petroleum on Wednesday made a $57 billion (€50.9 billion) bid for Anadarko, topping Chevron’s $50 billion offer and se(...)

US-China trade tensions kept stock market gains muted on Thursday. Photograph: Reuters

European stocks edged higher on Thursday, boosted by strong corporate earnings, although concerns over China-US trade tensions and new sanctions again(...)

Pablo Beltran, representative of the ELN delegation, addressing the media in Quito, Ecuador. Photograph: Daniel Tapia/Reuters

Colombia’s Marxist ELN rebels resumed attacks on oil installations and the armed forces on Wednesday, threatening the future of peace talks just hours(...)

A demonstration against the Transatlantic Trade and Investment Partnership (TTIP) and the EU-Canada Comprehensive Economic and Trade Agreement (Ceta) in Brussels last month. Photograph: Reuters

It seems that provisional application of Ceta, the controversial Comprehensive Economic Trade Agreement between the EU and Canada, might now be pushed(...)

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