NEW YORK (Reuters) – Oilfield services company Baker Hughes Inc said on Monday it would buy smaller peer BJ Services Co for $4.8 billion to create a one-stop shopping destination for its oil and gas producing customers and better take on the industry’s leaders.
LOS ANGELES (Reuters) – A deadly wildfire roaring through mountains north of Los Angeles for a sixth day more than doubled in size on Monday and posed a lingering threat to Mount Wilson, a broadcast and communications hub and the site of an historic observatory.
KABUL/WASHINGTON (Reuters) – The United States and its allies must change strategy and boost cooperation to turn around the war in Afghanistan, the top U.S. and NATO commander there said on Monday, wrapping up a much-anticipated review.
Tel Aviv, Aug 30 – Israeli food maker Osem Investments , which is 53.8 percent owned by Swiss food company Nestle , posted a rise in second-quarter net profit and sales on Sunday, boosted by recent acquisitions. Net profit rose to 57.7 million shekels