Bloomberg Royal Dutch Shell Plc is in talks to sell two Nigerian oil licenses in an area that’s at the heart of environmental and human rights controversies for $2 billion, according to people familiar with the plan. The Anglo-Dutch oil major is discussing selling oil mining licenses 11 and 17 to Heirs Holdings Ltd, a company run by Nigerian tycoon …

Bloomberg Ares Management LLC is preparing to raise an energy and infrastructure investment fund with a $1 billion tar-get, according to people with knowledge of the matter. The investment firm co-founded by Chief Executive Officer Michael Arougheti has held preliminary talks with investors about raising Ares Energy Investors Fund VI, said the people, who asked not to be identified because …

Bloomberg Boeing Co. investors can bank on the planemaker for another stellar quarter. Strong deliveries in the second quarter, several strategic deals and a stable cash flow has ensured big returns for Boeing shareholders over the past year, with the stock gaining nearly 67 percent, compared to a 14 percent bump for the rest of the market. While intensifying concerns …

Bloomberg Walmart Inc.’s employees have adopted money-management tools from Even Responsible Finance Inc. at a faster pace than anticipated, prompting a fresh round of funding to expand the fintech startup. More than 200,000 Walmart employees in the US use Even’s app to manage their finances or access their wages early, the Oakland-based startup said, and almost half of that group …

Bloomberg Switzerland’s Lindt & Spruengli AG plans $200 million US investment offensive to further challenge Hershey Co. and Mars in that market. The maker of Lindor chocolate balls is expanding a plant in Stratham, New Hampshire, over the next four years, constructing high-tech production lines for premium chocolate, the company said. The site will eventually have more than 1 million …

Bloomberg Toys ‘R’ Us’s fired workers last week won the right to negotiate for severance money in bankruptcy court, in an unusual victory. They may end up getting nothing. Before much money can be paid to the retailer’s 33,000 former employees, senior lenders need to collect about $1 billion. For now, the staffers can try to tap a pool of …

Bloomberg UBS Group AG has no plans to follow other banks and raise the $2 million threshold for access to its private banking services, the Swiss bank’s China head of global wealth management said. “This is not under discussion,” said Marina Lui in an interview in Hong Kong, asked about moves by other banks to raise the minimums required from …

Bloomberg The biggest Nordic bank is considering taking on the European Union’s (EU) top markets regulator after being handed a fine for providing credit ratings without a license. Nordea Bank AB, together with four other major Nordic banks, was called out by the European Securities and Markets Authority for selling so-called shadow ratings to corporate clients without permission. Each firm …

Bloomberg Toronto-Dominion Bank (TD), building on its deal for money manager Greystone Capital Management Inc. earlier this month, plans to hire 200 advisers in Canada this year to boost profit at its wealth-management division as much as 10 percent. The additions are part of Toronto-Dominion’s push to expand in a division that includes online investing, advice and asset management to …

Bloomberg Japan’s debt market saw yields surge on media reports of possible changes to the nation’s ultra-loose monetary policy, spurring the central bank to offer to buy an unlimited amount of bonds. The yield on 10-year government securities soared as much as six basis points to 0.09 percent, its biggest increase in almost two years, pulling the yen higher and …