Bloomberg China signalled its openness for business with a raft of deals that’ll give oil majors including Royal Dutch Shell Plc new opportunities to develop fields in partnership with the nation’s biggest offshore explorer. China National Offshore Oil Corp (CNOOC) said in Beijing on Tuesday that it had inked oil and gas accords with nine firms. The signing ceremony followed ...

Bloomberg SSE Plc and Innogy SE terminated plans to create the UK’s second-biggest utility, the latest sign of pressure on the industry from increasing regulation. SSE’s board decided it wasn’t in the best interest of the company to proceed with the deal to combine its retail business with Innogy’s Npower unit after it emerged last month that more cash would ...

Bloomberg The S&P 500 Index climbed from a 14-month low as investor nerves seemed to steady a day after a rout in US stocks. US stock gains were led by technology and health companies. The Stoxx Europe 600 Index pared losses by more than half to trade slightly lower on the day. Treasuries and the Japanese yen advanced amid a ...