Gulf Arab oil exporters will have to reform their state spending and make cuts in some areas because of weak oil prices, Kuwaiti Finance Minister Anas al-Saleh said on Saturday.
Sectors
Somalia says reviewing oil deals U.N. says lack transparency
Somalia said it was reviewing several oil and gas deals that U.N. investigators say lack transparency and risk hindering development of the country's energy industry.
'Ouija' spells out win on U.S., Canada movie charts
"Ouija", a horror film inspired by the board said to contact the dead, haunted the top of movie charts in the United States and Canada, collecting $20 million in weekend ticket sales and knocking Brad Pitt's "Fury" out of first place.
Fujifilm says to buy U.S. vaccine maker as Ebola spreads
Japan's Fujifilm Holdings Corp said on Monday it would buy 49 percent of Texas-based Kalon Biotherapeutics LLC, which has expertise in manufacturing vaccines used against pandemic influenza, Ebola and other public-health threats.
Energy stocks attractive after steep sell-off: Barron's
A steep sell-off in energy company stocks in recent months due to falling oil prices may be overdone and there are some potential bargains to be had, Barron's financial newspaper said in its latest edition on Sunday.
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Lantern, a technology startup that offers online and mobile coaching programs to support mental health, has won early backing for its service.
U.S. TV startup Roku Inc is working on plans to confidentially file for an initial public offering, the Wall Street Journal reported, citing people familiar with the matter.
South Korea's National Pension Service does not support the merger of two Samsung Group units and plans to ask them to buy back its holdings in the pair, an NPS spokeswoman said on Saturday.
Tanzania has held talks with France's Total (TOTF.PA) and Britain's BP (BP.L) over oil and gas exploration, its energy ministry said on Saturday, aiming to add to major companies active in its thriving energy sector.
Panasonic Corp (6752.T) plans to sell its Sanyo television unit in the U.S., which supplies sets to Wal-Mart Stores (WMT.N), to Funai Electric (6839.T) as it steps back from unprofitable businesses, the Nihon Keizai newspaper reported.
Hewlett-Packard Co (HPQ.N) has begun sounding out private-equity firms in China to buy its corporate-networking business in the country, the Wall Street Journal reported, citing people familiar with the situation.
Amgen Inc (AMGN.O), one of the world's largest biotechnology companies, will unveil next week its first strategy update since early 2013, but few expect a major shift like the split-up recently proposed by Daniel Loeb's Third Point hedge fund.
The French-German consortium Areva-Siemens (AREVA.PA)(SIEGn.DE), the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO), TVO said late on Friday.
Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday.
