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Indians leave bankers in the cold in $23 billion telecoms mega-deal

A hotel employee clears a table after Vodafone Group and Idea Cellular news conference in Mumbai, India March 20, 2017. REUTERS/Danish Siddiqui Investment banking business in India should be enjoying bumper fees after a record year of dealmaking. It’s not, and... More »

Shell challenges Exxon dominance with $70 billion bid for BG

LONDON (Reuters) – Royal Dutch Shell (RDSa.L) agreed to buy smaller rival BG Group (BG.L) for 47 billion pounds ($70 billion) in the first major energy industry merger in more than a decade, closing the gap on market leader U.S. Exxon Mobil (XOM.N) after a plu... More »