Bloomberg Investors have been pushing Canadian energy companies to merge so they can cut costs and combine resources. That isn’t going so well this year. The value of deals involving Canadian oil, natural gas and pipeline companies slumped 29 percent to $45.5 billion in the first seven months of the year, according to data compiled by Bloomberg. Exclude $22.3 billion ...

Bloomberg Snap Inc. shares fell the most in about two months after the company reported its first-ever drop in daily active users. But revenue gains in the second quarter proved that the company is making headway in the mobile-advertising market dominated by Facebook Inc. and Google. The declining user numbers at Snapchat, attributed to an unpopular app redesign, worried analysts ...

Bloomberg Dutch state-controlled bank ABN Amro Group NV is edging towards raising its payout to shareholders after a strong second quarter and cuts to its underperforming investment bank. “Yes, we feel more confident there after this quarter,” Chief Executive Officer Kees van Dijkhuizen said at a press conference when asked about a dividend increase. The higher payout could take the ...