Oil Search Ltd., Exxon Mobil Corp.’s partner in a $19 billion liquefied natural gas venture in Papua New Guinea, halted its shares before a statement about a material acquisition, possibly a stake in a new project.
Woodside Petroleum Ltd., Australia’s second-largest oil producer, plans to buy a quarter of Israel’s biggest natural gas field for as much as $2.6 billion under a revised agreement as demand rises in the Middle East.
Goldman Sachs Group Inc. is working for EBay Inc. as it faces calls from Carl Icahn to split off its PayPal unit, people with knowledge of the matter said, the investment bank’s latest assignment with a technology company facing an activist investor.
Goldman Sachs Group Inc., the fifth- biggest U.S. bank by assets, hired Andrew Williams, a former U.S. Treasury Department spokesman, for its corporate communications unit, said two people familiar with the matter.
A former senior bank examiner for the Federal Reserve Bank of New York sued her ex-employer, claiming she was fired because she refused to change her findings that Goldman Sachs Group Inc. lacked a firmwide conflict-of-interest policy.
General Electric Co. Chief Executive Officer Jeffrey Immelt, who is also an outside economic adviser to President Barack Obama, is pushing back on a report that he’s disenchanted with the administration’s economic policies and privately rooting for Republican presidential hopeful Mitt Romney in this year’s election, according to a company official.