BP pays India's Reliance $1 billion to set up petrol station venture

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BP pays India's Reliance $1 billion to set up petrol station venture

LONDON/NEW DELHI (Reuters) – BP has paid Reliance Industries $1 billion to set up a joint network of thousands of petrol stations across India to tap the country’s rapidly growing energy demand. BP will hold 49% and Reliance the remaining 51% in the …
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Stocks tumble after Supreme Court rules Trump must hand over tax returns

New York (CNN Business) The Dow and the broader US stock market tumbled on Thursday after the Supreme Court dealt a blow to the Trump administration. The court ruled that the President has to hand over his financial documents and tax returns to the …
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When Low Yields Can Be a Good Deal for Investors

Yields on long-term U.S. Treasuries are at historic lows, but that doesn’t necessarily mean the securities will be bad investments—and there are reasons to think that 20-year bonds in particular could be relatively attractive. Behind the investment case is how …
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Exclusive: Google can ward off EU antitrust probe into Fitbit deal with data pledge – sources

BRUSSELS (Reuters) – Google may be able to stave off a full-scale EU antitrust investigation into its planned $2.1 billion bid for fitness tracker maker Fitbit (FIT.N) by pledging not to use Fitbit’s health data for its ads, people familiar with the matter said.
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Quibi keeps 8% of subscribers as free trials end, market researcher says

Survive, a drama starring Game of Thrones’ Sophie Turner, was one of Quibi’s short-form shows at launch. Quibi. Quibi, a star-studded mobile streaming service, has held onto about 8% of customers whose 90-day free trials ran out this week, mobile analytics …
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