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Argentine shale project may top $10bn, says Exxon Corp’s Tillerson

  Bloomberg Exxon Mobil Corp. may invest more than $10 billion as it transplants the U.S. shale-drilling model to Argentina’s Vaca Muerta region in the next few decades, Chairman and CEO Rex Tillerson said. The oil giant has so far invested $200 million in the world’s second-largest shale gas deposit and plans to invest another $250 million in coming months ...

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Brazil education giants make competing offers to rival Estacio

  Bloomberg Two of Brazil’s biggest education companies are facing off in a quest to merge with Estacio Participacoes SA, the country’s second-largest for-profit firm. Ser Educacional SA sent a non-binding proposal to combine with Estacio, a deal that would create the largest education group focused on in-person private higher-education in Brazil, the company said on Sunday in a corporate ...

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Dollar rallies from worst loss in 4 months

  Bloomberg A gauge of the dollar partially rebounded after incurring its biggest loss since February on weaker-than-forecast payrolls data that doused speculation the Federal Reserve will raise interest rates in the coming months. The U.S. currency remained near a three-week low against major peers touched Friday, when a Labor Department report showed employers in May added the least number ...

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