Bloomberg Rolls-Royce Holdings Plc is seeking to raise as much as $700 million from the sale of a business that makes fuel injectors for diesel engines used in ships and industrial applications, people familiar with the matter said. The UK jet-engine maker began showing L’Orange unit’s financial data to potential bidders in December and is closing in on an agreement, ...

Bloomberg Companies pushing new virtual reality headsets talked a good game at CES 2018 in Las Vegas. Facebook’s Oculus touted new features in its upcoming $200 Oculus Go, a device designed to do for VR what the iPhone did for the smartphone, Google and Lenovo showed off a jointly designed headset that will sell for the half the price of ...

Bloomberg For US shale drillers who have seen prices climb almost 50 percent in six months, it’s been largely a rig-less recovery, a conundrum for traders seeking to forecast the future. Normally, you’d expect the rigs to return to the field in significant numbers as producers flush with added cash looked to boost output. But the weekly Baker Hughes tally ...