Exxon Mobil is in superior talks to acquire Pioneer Natural Resources. With this deal, the American oil and fuel producer can be valued at about $60 billion (€57 billion), as reported by Reuters. After more than 70 years of prohibiting playing, Brazil is regulating the market.
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One instant concern is if Russia and the OPEC nations decide to cut again on oil, which could harm our financial system a bit, says Anirudh Garg of Invasset PMS. The cut in growth guidance for Infosys was an sudden whammy for the Street because …