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GE nears about $30 billion deal with Baker Hughes: WSJ

General Electric Co (GE.N) is nearing an about $30 billion deal to merge its oil and gas business with Baker Hughes Inc (BHI.N), the Wall Street Journal reported on Sunday.
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Tesla turns profit, Musk says no new capital needed for Model 3

Tesla Motors Inc (TSLA.O) reported its first quarterly net profit in more than three years on Wednesday, buoyed by nearly $139 million in sales of clean car credits, and Chief Executive Elon Musk said the company could turn a profit again in the fourth quarter....
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Rumors of ban on [Saudi] bank loans to expats denied

JEDDAH — A top banking official has denied rumors that the Saudi Arabian Monetary Agency has issued a directive to all local banks to stop offering loans to expatriates regardless of their income....
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Coca-Cola speeds up efforts to cut sugar in drinks

(Reuters) - Coca-Cola Co <KO.N> reported a better-than-expected quarterly profit, and said it would step up efforts to reduce sugar in its beverages, amid growing pressure from health experts and governments who have blamed sugary drinks for a rise in obesity....
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The World Is Out of Weapons

No one likes to admit defeat....
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China Gets Desperate About Debt

With its debts surging and growth sluggish, China has hit on a new strategy to revitalize its ailing economy. It’s the same as the old strategy. Only this time, it won’t work....
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Oil price down cycle 'nearing end': Saudi minister

Riyadh (AFP) - Saudi Oil Minister Khalid al-Falih said on Sunday that the current cycle of falling crude prices is close to an end as market fundamentals improve....
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Nordea chairman says merger with ABN Amro would create 'fine bank'

HELSINKI (Reuters) - A merger between Sweden's Nordea <NDA.ST> and Dutch state-owned lender ABN Amro <ABNd.AS> would make "a pretty fine bank," and early talks may continue after a March 2017 election in the Netherlands, Nordea chairman Bjorn Wahlroos said on Saturday....
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Israeli energy minister to visit Turkey in first such trip for six years

Israeli Energy Minister Yuval Steinitz will visit Turkey on Thursday in the first ministerial visit between the two countries for six years, Israel's embassy in Ankara said in a statement on Monday....
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Second hacker group targets SWIFT users, Symantec warns

(Reuters) - Cyber-security firm Symantec Corp said on Tuesday that a second hacking group has sought to rob banks using fraudulent SWIFT messages, the same approach that yielded $81 million in the high-profile February attack on Bangladesh's central bank....
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