European stocks advanced for a fourth week as companies from BP Plc to Alcatel-Lucent SA posted results that exceeded estimates, while cooling inflation fueled speculation the European Central Bank may ease monetary policy.
AT&T Inc. executives are laying the groundwork internally for a potential takeover of Vodafone Group Plc next year, mapping out a strategy for a complex deal with Europe’s largest mobile carrier, people familiar with the situation said.
South Sudan is set to become almost self-sufficient in oil products within a year as two refineries enter production, saving Africa’s newest nation foreign exchange it now uses to buy diesel from neighbors.
Croda International Plc, the world’s second-largest manufacturer of cosmetics ingredients, forecast stagnant profit in the fourth quarter, held back by “subdued” markets and unfavorable currency moves.
Oil explorers in Angola, Africa’s largest crude producer after Nigeria, will drill almost half of their offshore wells next year beneath a layer of salt under the seafloor, according to state energy company Sonangol EP.