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Petrobras brings in Merrill to help in $5 billion selloff plan-sources

Indebted Brazilian oil company Petrobras (PETR4.SA) has brought in Bank of America Merrill Lynch (BAC.N) to help manage a multi-billion dollar divestment plan and has already contacted major oil companies who might be interested buyers, three sources familiar with the matter said on Wednesday.


‘Inside Amy Schumer’ Season 3 recap: Episode 7 best segment so far; Trains men how to treat women properly

‘Inside Amy Schumer’ Season 3 Episode 7 is said to be the best segment so far. Host trained men how to treat women properly.

U2 Concert Update: Julia Roberts, Kadarshians, Jenners Attend Show; Bono Leaves $150 Tip for $20 Meal at Late-Night Diner

Renowned band U2’s six-night concert in Los Angeles was attended by Hollywood A-listers including Julia Roberts, the Kardashian-Jenner Clan, Kanye West, George Clooney, and many more. Read on for full details.

RBI to cut interest rate by another 25 bps in fourth quarter - Reuters poll

The Reserve Bank of India won't cut its key interest rate again until the final quarter of the year as it waits to see how the monsoon season affects food prices, a Reuters poll found.


Latest News

Paul Feig turns down the offer of directing traditional "Ghostbusters 3" to focus on an all-female reboot of the franchise involving Melissa McCarthy, Kristen Wiig, and Saturday Night Live stars Kate McKinnon and Leslie Jones.
Hong Kong's securities regulator said on Friday it will propose laws boosting cooperation with its foreign counterparts, at a time when the emergence of a number of cross-border fraud and corruption scandals make such collaboration vital.
Elektra is rumored to appear on the next season of Marvel's hit Netflix series "Daredevil" after two audition videos were recently leaked via Twitter.
Oil group OPEC agreed to stick by its policy of unconstrained output for another six months on Friday, setting aside warnings of a second lurch lower in prices as some members such as Iran look to ramp up exports.
Paramount Pictures has recently announced that the forthcoming comedy film of Mark Wahlber and WIll Ferrell, "Daddy's Home", is set to hit theaters on December 25, 2015.
The frist trailer of the Shakesperean tragedy "Macbeth" has been finally released, showing Michael Fassbender as one of English playwright's most bloodthirsty tragic heroes.The film adaptation is set to premiere later this year on October 2.
European shares extended losses on Friday, on track for their worst week of the year as a losing streak for bonds rumbled on, with wary investors anticipating more Greek debt drama and a solid U.S. payrolls reading.
Margot Robbie is caught in the middle of a post-apocalyptic love triangle which involves Chris Pine and Chiwetel Ejiofor in the trailer of "Z for Zachariah". Lionsgate and Roadside Attraction's forthcoming indie film is set for a limited theatrical premiere on August 21st.
CBS has released the latest update on Supergirl’s premiere airing as well as its story. Meanwhile, reports have been making rounds that the series’ pilot has been leaked.
U.S. job growth was likely solid in May and wages probably picked up a bit, suggesting sufficient momentum in the economy for the Federal Reserve to raise interest rates later this year.