1. USD

    41.42

    Today's change

    -0.04 / -0.10%

    1 year change

    -9.78%

    As of May 24 2016 21:00 BST. Data delayed by at least 15 minutes.

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  1. May 11, 2016

    Staples tie-up with Office Depot halted by US regulators

    Staples and Office Depot became the latest victims of US regulators, as the two largest stationery retailers in America...

  2. Fast FT

    May 10, 2016

    US judge blocks Staples, Office Depot tie-up

    A federal judge ruled on Tuesday in favour of the US government’s request for an injunction to halt the merger between...

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  1. May 3, 2016

    Sprint rallies as fourth-quarter earnings improve

    Shares in Sprint rallied on Tuesday after the US wireless carrier reported adjusted fiscal fourth-quarter profits that...

  2. May 3, 2016

    Halliburton blames US regulators for failed Baker Hughes deal

    Halliburton’s chief executive has blamed an increasingly difficult US regulatory climate for the collapse of his...

  3. Fast FT

    May 3, 2016

    Losses widen at Halliburton in first quarter

    Losses at oilfield services company Halliburton, which just abandoned its $28bn merger with Baker Hughes, widened...

  4. Fast FT

    May 3, 2016

    Markets: FX machinations lead to cautious mood

    Forex is in focus as the yen hits a fresh 18-month high, the dollar index slips to a 15-month low and the Aussie is...

  5. May 2, 2016

    Halliburton-Baker Hughes deal ‘not fixable’

    Halliburton’s failed $28bn bid for rival Baker Hughes, which was abandoned by the two companies on Sunday, faced...

  6. May 2, 2016

    Halliburton/Baker Hughes: bit players

    Sometimes first instincts are the correct ones. Back before the Halliburton/Baker Hughes merger was a torpedoed deal,...

  7. May 2, 2016

    Halliburton and Baker Hughes left to review their options

    The collapse on Sunday of Halliburton’s agreed $28bn takeover of its rival Baker Hughes, following opposition from the...

  8. Fast FT

    May 2, 2016

    Baker Hughes to buy back $1.5bn of shares, $1bn debt

    Baker Hughes on Monday said it plans to use the $3.5bn break up fee it will receive from Halliburton following the...

  9. May 2, 2016

    Halliburton and Baker Hughes abandon $28bn tie-up

    The energy group Halliburton has abandoned its $28bn pursuit of rival Baker Hughes after antitrust authorities moved to...

  10. Fast FT

    May 2, 2016

    Halliburton and Baker Hughes scrap $28bn merger

    Oil services companies Halliburton and Baker Hughes have abandoned their planned tie-up after antitrust authorities...

  11. Fast FT

    April 27, 2016

    Baker Hughes: oil industry 'exceeding most pessimistic predictions'

    Oilfield services company Baker Hughes reported a sharp slump in first-quarter revenues and ballooning losses as it...

  12. Fast FT

    April 27, 2016

    Amec Foster Wheeler bags Halliburton exec as boss

    UK engineering group Amec Foster Wheeler has appointed a new boss, three months after announcing it had started a...

  13. Fast FT

    April 19, 2016

    US M&A off to worst Q2 since 2009

    Not much for banks to cheer about. Following a string of lacklustre results from big banks, hopes for investment...

  14. April 11, 2016

    M&A crackdown puts bond investors on edge

    A crackdown on mergers and acquisitions has investors on edge over the potential that competition for corporate bonds...

  15. April 10, 2016

    The week: April 11

    • BlackRock, Pimco and 12 other institutional investors are taking legal action against the Portuguese central bank,...

  16. April 8, 2016

    Halliburton’s Dave Lesar tested by $25bn bid for Baker Hughes

    One Friday in October 2014, Dave Lesar, Halliburton’s chief executive, called Martin Craighead, his counterpart at...

  17. April 7, 2016

    US takes tougher stance on deals under Obama

    The Obama administration’s bid to scuttle the $25bn takeover of Baker Hughes by Halliburton is less a sudden turn...

  18. April 7, 2016

    Break fee of $3.5bn raises stakes in Halliburton legal battle

    Halliburton faces a $3.5bn break fee if it is forced to abandon its agreed takeover of rival Baker Hughes, raising the...

  19. April 6, 2016

    Halliburton vows to fight DoJ to save $25bn Baker Hughes deal

    Halliburton has said it will battle to save its agreed $25bn takeover of rival Baker Hughes, after the US government...

  20. April 6, 2016

    M&A failures: deep breaths

    What were they thinking? The largest US cable TV company tried to buy the second largest. The second and third-largest...

  21. Fast FT

    April 6, 2016

    2016 M&A withdrawals highest since '07

    The White House’s efforts to deter tax inversion deals saw Pfizer abandon its $160bn pursuit of botox maker Allergan on...

  22. April 6, 2016

    US seeks to scupper $25bn Halliburton-Baker Hughes deal

    The US government on Wednesday filed a lawsuit to block the proposed $25bn takeover by oil services group Halliburton...

  23. Fast FT

    April 6, 2016

    US seeks to block Halliburton-Baker Hughes deal

    Halliburton’s proposed $25bn takeover of rival oil services group Baker Hughes could become the latest deal to come...

  24. Fast FT

    April 5, 2016

    US looks to block Halliburton-Baker Hughes tie-up

    The US government is planning to file a lawsuit to block the planned $25bn takeover by oil services group Halliburton...

  25. April 5, 2016

    US asks companies to come clean on bribery

    The Department of Justice on Tuesday stepped up its crackdown on violations of US anti-bribery law, providing companies...

  26. April 4, 2016

    ValueAct sued by DoJ over holdings in oilfield services groups

    ValueAct, the activist hedge fund, has been sued by the US Department of Justice for its stakebuilding in Halliburton...

  27. Fast FT

    April 4, 2016

    US sues ValueAct over Halliburton-Baker Hughes deal

    The US Department of Justice has filed a lawsuit against the activist hedge fund ValueAct, saying it violated...

  28. March 8, 2016

    Petrobras: rip tide

    For six years Petrobras’s shares rode a tsunami of money that crested in 2008. The undertow since then has been brutal....

  29. Fast FT

    February 25, 2016

    Halliburton to cut 5,000 more jobs

    More pain in oil land. US oilfield services group Halliburton is eliminating another 5,000 jobs, taking the cuts in its...

  30. January 28, 2016

    Baker Hughes warns of deepening oil industry slump

    Baker Hughes, the US oil services group that has agreed a $26bn takeover bid from its rival Halliburton, reported a...

  31. January 25, 2016

    Halliburton slumps to $666m net loss for 2015 amid oil price rout

    Earnings from Halliburton, the US oilfield services group, on Monday highlighted the wide variation in the impact of...

  32. Fast FT

    January 25, 2016

    Halliburton swings to loss in 2015

    Halliburton, one of the top three providers of oilfield services, has underlined the scale of the downturn in the...

  33. January 12, 2016

    European Commission opens probe into Halliburton takeover of Baker Hughes

    Brussels has opened an in-depth probe into Halliburton’s $26bn acquisition of Baker Hughes, laying another obstacle in...

  34. Fast FT

    January 12, 2016

    EU to start probe into Halliburton/Baker Hughes

    Brussels is set to open an in-depth probe into Halliburton’s $26bn acquisition of Baker Hughes, laying another obstacle...

  35. December 28, 2015

    Oil companies brace for a grim 2016 amid sustained price crash

    As a miserable year for the oil industry draws to a close, any relief executives might feel will be tempered by the...

  36. December 15, 2015

    New blow to Halliburton-Baker Hughes deal

    Halliburton, the US oil services group, has been forced to delay for a second time its planned $26bn acquisition of...

  37. Fast FT

    December 15, 2015

    Halliburton, Baker Hughes tie-up delayed by DOJ

    Halliburton and Baker Hughes have pushed back the expected closing date for their multi-billion dollar merger after a...

  38. December 9, 2015

    Rising materials shares temper Wall St losses

    US stocks slumped on Monday, but a rally in the energy and materials sectors helped Wall Street close off its lows of...

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