(Bloomberg) -- Oil prices will rally sooner and higher than previously thought as the global energy demand recovery outpaces the supply response from the OPEC+ alliance, shale and Iran, according to Goldman Sachs Group Inc. Read More
M&T Bank Corp is nearing an agreement to merge with People's United Financial Inc, with the two companies discussing an all-stock deal that could be finalized as soon as this week, the Wall Street Journal reported, citing people familiar with the matter. Read More
Activist investor Elliott Management Corp has taken a stake in Principal Financial Group Inc and plans to push for changes at the life Insurance company, Bloomberg reported late on Sunday, citing sources. Read More
CANBERRA -- U.S. soybean futures rose for a second consecutive session on Monday as strong demand for U.S. stocks countered rising South American supplies. Read More
SYDNEY -- Australia's government pledged a publicity campaign for its rollout of COVID-19 vaccine on Sunday - but not in Facebook advertisements, as a feud continues over the social media giant blocking news content from its platform in the country. Read More
Britain could restrict imports of European mineral water and several food products under retaliatory measures being considered by ministers over Brussels' refusal to end its blockade on British shellfish, the Telegraph reported. Read More
As Texans cranked up their heaters early Monday to combat plunging temperatures, a record surge of electricity demand set off a disastrous chain reaction in the state's power grid. Read More
(Bloomberg) -- After enduring a wretched week of Arctic storms, hunger and cold, several Texans were handed another pain point -- massive electricity bills. Read More
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(Bloomberg) -- The operator of the power grid in Texas was hit with a second lawsuit in as many days over power outages that left millions of residents without heat and some without water in the midst of this week's bitter cold wave.Ercot, the Electric