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Oman Oil seeks advice from banks to help sell assets

  Bloomberg Oman Oil Co., the sultanate’s state-owned energy producer, is seeking advice from banks to sell some energy assets and list units on the local stock market, following plans by its larger peer Saudi Arabian Oil Co. to offer shares to the public. The oil and gas producer, which has stakes in overseas businesses, wants to attract more foreign ...

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Western Digital in talks for Toshiba unit sale

  Bloomberg Western Digital Corp. said it’s in talks with Japanese government-backed investment funds as it tries to win a battle for Toshiba Corp.’s flash memory unit. The San Jose, California-based maker of storage media has held discussions with Innovation Network Corp. of Japan and Development Bank of Japan Inc. about options for a bid, said Mark Long, Western Digital’s ...

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Japanese exports surge to end Q1 on strong note

  Bloomberg Japanese exports grew at the fastest rate in more than two years in March, supporting a moderate economic recovery in the face of weak domestic demand. Exports rose 12 percent from a year earlier (median estimate +6.2 percent), according to data released by the Ministry of Finance. Imports jumped 15.8 percent (median estimate 10 percent), the biggest gain ...

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