Oil and gas companies operating in Norway, western Europe’s largest producer, raised estimates for spending next year by 4 percent, driven by higher investments in the development of new fields and rising costs.
Westfield Group, Australia’s biggest mall operator, plans to split its domestic and international businesses, advancing a separation of assets that began three years ago. Its shares jumped by the most in almost 22 months.
A Goldman Sachs Group Inc. unit asked a court to halt Singapore tycoon Oei Hong Leong’s lawsuit over losses after he was allegedly misled into making leveraged trades that the yen would fall against the Brazilian real.
Centrica Plc said it remains in talks with the U.K. government on investing in an offshore wind farm after the Telegraph reported that the utility may abandon the project unless it gets increased state support.
Fourteen years after the first well was sunk off the Falkland Islands, a tax dispute threatens investment in a nascent oil industry that may yield more than $10 billion in royalties for the British territory’s 2,563 residents.