Encana Corp., Canada’s largest natural-gas producer by volume, said the U.S. Environmental Protection Agency made errors when it reported that chemicals used in extracting gas through hydraulic fracturing were found in a drinking-water aquifer in Wyoming.
Leighton Holdings Ltd. directors shortlisted two internal candidates to succeed Chief Executive Officer Wal King, the Australian newspaper reported, citing unidentified people familiar with the matter. Frontrunners to make the list were Chief Operating Officer David Stewart and David Saxelby, managing director of the construction company’s Thiess unit, according to the report.
Hochtief AG , Germany’s largest publicly traded builder, said pretax profit may fall 50 percent this year after its Australian unit predicted a loss and said it would sell stock. Hochtief shares fell the most in two years.
Aaron Burr served as third vice president of the U.S. under Thomas Jefferson, who dropped him from the ticket after the first term ended in 1805. Two years later, at Jefferson’s insistence, Burr was tried for treason.
Lansdowne Partners Ltd. and Odey European Inc., two of the U.K.’s biggest hedge funds, started 2011 bullish on stocks. The shared view has led both firms to have one of their toughest years managing money.