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U.S. light oil exports double in May, mostly to Europe

U.S. exports of ultra-light crude, also known as condensate, have doubled since the start of the year, with most shipments headed to Europe, according to traders familiar with the deals and data from an energy consultant.


Novartis buys pain drug firm Spinifex for $200 million upfront

Swiss drugmaker Novartis AG (NOVN.VX) boosted its presence in pain management on Monday by agreeing to buy U.S.-Australian biotech firm Spinifex Pharmaceuticals, the companies said in separate statements on Monday.

Oil hits three-week lows as Greek crisis worsens; eyes on Iran

Crude futures hit 3-week lows on Monday as Greece shut its banks and imposed capital controls, causing widespread risk aversion, while Iran looked likely to extend nuclear negotiations with the West to export more of its oil into an oversupplied market.

Microsoft hands display ads to AOL, maps to Uber

Microsoft Corp (MSFT.O) said on Monday it will hand over its display advertising business to AOL Inc and AppNexus Inc, and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations.


Latest News

A Charlize Theron and Angelina Jolie seem to be brewing, but Jurassic World actress Bryce Dallas Howard also expressed her interest in joining MCU.
It seems like Channing Tatum is dedicated to nail his role as Gambit, as he has been preparing for the role, and has been practicing the famous mutant's tricks. Reid Carolin revealed that the movie's script was one of the factors that got him to join the crew.
Filming is underway for DC's Suicide Squad, and it seems like the events behind the camera are also as worth following as Jared Leto delivered special gifts to his co-stars in the movie. A 'therapist' has also been hired for the actors.
Check out the most recent updates on Cyberpunk 2077 as the CD Projekt RED game gets more people to work on it. As shared by the company's co-founder, the team wants to follow in the footsteps of Bethesda in terms of making reveals about a game when there is already a release date at hand.
A beta version of StarCraft 2: Legacy of the Void was launched two months ago and while the game is still in development, Blizzard has announced that they will be releasing Whispers of Oblivion, which is prologue to the final expansion of Starcraft 2.
There is another Battle Competition in July that Serebii posted. This Battle Competition carries the title, Circle of Legend. It will be a Rotation Battle competition.
Find out how the development and details for Elder Scrolls 6 are coming along as E3 2015 has just passed, with Bethesda just sharing about ESO: Tamriel Unlimited for the franchise. The launch schedule might be around 2018 as the developer would focus on downloadable content for the Fallout 4 as well as other games.
Marvel Studio President Kevin Feige reveals what’s to come for “Doctor Strange” with the involvement of the Ancient One, the Sanctum, how reality-warping the film will be and more. Plus, Marvel Cinematic Universe’s transcendent hype caused a fan-made video to go viral for its great psychedelic title sequence depiction.
The sequel of the hit 1996 blockbuster film Independence Day is underway, and Ronald Emmerich has revealed a couple of new updates about the film. Emmerich also revealed the reason why Will Smith did not return for Independence Day: Resurgence, and the movie's connection to president Obama.
Prince George went outdoors with Grandmother Carole Middleton. They went to Buckleburry Farm Park where the little prince had the chance to visit the zoo. Prince George was also lifted by his grandmother on her shoulders. Meanwhile, Princess Kate and Prince William met Brad Pitt and Angelina Jolie during the couples visit to London.