The engineering giant Rolls-Royce was tonight revealed to be co-operating with the authorities in Brazil as they investigate a multi-billion-dollar bribery scandal at the state-run oil company Petrobras.
Eni SpA's discovery of a “super giant” natural gas field off the Egyptian coast will help boost the Italian company's cash flow and “positively” affect its dividend, Chief Executive Officer Claudio Descalzi said.
In his co-called confession on CCTV, Wang Xiaolu said he was 'regretful' for what he had done and hoped the authorities would treat him leniently.
(Reuters) - ArcelorMittal South Africa is planning to shut two mills and is reviewing operations at its largest plant, it said on Monday, as the money-losing unit of the world's biggest steelmaker struggles with weak demand and lower prices.
BRUSSELS/ FRANKFURT With low price inflation serving as a reminder of the euro zone's delicate health, the European Central Bank is having to reassure market investors that it can do yet more to help the economy.