Bloomberg Keppel Corp., the world’s biggest oil rig builder that eliminated more than 10,000 jobs last year, said even a doubling of crude prices is failing to offer relief to an industry slammed by overcapacity as it braced for a prolonged slowdown. While OPEC’s recent decision to cut output renewed optimism, with spending by some oil majors expected to …

  Bloomberg Air Products & Chemicals Inc. has hit a bump as it attempts the largest US takeover of a Chinese firm in more than a decade, stymied by an extended boardroom battle at Yingde Gases Group Co. A divided board of the Hong Kong-listed firm failed to agree on a panel needed to review the offer, but has asked …

  Bloomberg SK Hynix Inc., a supplier of memory chips to Apple Inc., posted fourth-quarter profit that topped analysts’ estimates as semiconductor prices surged on robust demand for bigger storage in mobile devices and computers. Operating profit rose 55 percent to 1.54 trillion won ($1.3 billion) in the three months ended December, the Icheon, South Korea-based company said in a …