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Exxon grabs reins in InterOil hunt as rivals bow out of deal

  Bloomberg Exxon Mobil Corp. has a clear path to expanding its reach in Papua New Guinea after its rivals said they wouldn’t counter a $2.5 billion bid for gas explorer InterOil Corp. Oil Search Ltd. and Total SA had offered to buy InterOil in May in a deal that valued the company at $2.2 billion. Exxon topped it with ...

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Turkey imposes state of emergency after failed coup

  Ankara / AFP Turkish authorities on Thursday imposed a three-month state of emergency, strengthening powers to round up suspects accused of staging the failed military coup despite global alarm over a widening purge. President Recep Tayyip Erdogan declared the state of emergency, Turkey’s first in 14 years, shortly before midnight after a marathon meeting of his national security council, ...

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100 dead or missing from China rains

  Beijing/ AFP Torrential rain lashing northern China in recent days has left nearly 100 people dead or missing, official figures showed. At least 24 people in the provinces of Hebei, which surrounds Beijing, Shanxi, Henan and Shaanxi have been confirmed dead in a rainstorm that has been pounding the region since Monday, according to figures from the civil affairs ...

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