OIL PRICES FALL AS DOUBTS GROW OVER OPEC DEAL
U.S. oil prices settled down 3.9% as investors continue to doubt whether the Organization of the Petroleum Exporting Countries can reach a production-cut deal ahead of a key meeting this month.
GE'S CEO IMMELT REVAMPS STRATEGY WITH OIL ACQUISITION
Jeff Immelt, the chairman and chief executive of General Electric, said the purchase of Baker Hughes will help the industrial giant bulk up and weather a prolonged slump in the energy industry.
NEXTERA AGREES TO DEALS FOR TOTAL CONTROL OF ONCOR
NextEra Energy announced two transactions that would, when combined with a previously announced deal, give the company complete ownership of Oncor Electric Delivery.
CEO TO STEP DOWN FROM STANDARD CHARTERED FIRM AT CENTER OF PROBE
Greg Karpinski is stepping down as CEO of Maxpower, an Indonesian power company controlled by Standard Chartered that is at the heart of a U.S. bribery probe.
SOUTHERN CO. REVENUE AND PROFIT RISE
Southern said its third-quarter revenue and profit rose on warmer weather and benefits from a natural gas business had it recently purchased.
WILLIAMS, WILLIAMS PARTNERS SWING TO PROFIT
Williams Cos. and the pipeline giant's Williams Partners LP both swung to a profit for the third quarter, boosted by higher olefin margins at the Geismar plant in Louisiana and lower costs.
GREECE SELLS STAKE IN ELECTRICITY OPERATOR TO CHINA'S STATE GRID
Greece's state-controlled power company PPC sold a minority stake in the country's electricity grid operator to China's State Grid in a ?320 million deal that further boosts commercial ties between the two nations.
DOMINION MIDSTREAM TO ACQUIRE QUESTAR FROM DOMINION RESOURCES
Dominion Midstream Partners LP and Dominion Resources Inc. said Dominion Midstream will acquire Questar Pipeline LLC from Dominion Resources for about $1.73 billion, including debt.
DEADLY GAS EXPLOSION STRIKES CHINA COAL MINE
A gas explosion at a coal mine in southwestern China killed at least 15 people and left 18 others missing, local authorities said.
U.S. STOCKS WAVER AHEAD OF KEY DATA, EVENTS
U.S. stocks were little changed Monday, but major indexes were on track for monthly declines.
U.S. CONSUMER SPENDING ROSE 0.5% IN SEPTEMBER
Consumer spending climbed 0.5% in September, a sign of resilience among households amid signs of flagging confidence in the economy.
VENEZUELAN GOVERNMENT BEGINS TALKS WITH DIVIDED OPPOSITION
The Venezuelan government and opposition parties began formal talks for the first time in 2¿ years, but observers think it will do little to solve the country's economic and political crisis.
======== DOW JONES NEWSWIRES ANALYSIS AND COMMENTARY ========
Asian Business News
MINERS ASK: DIG MORE OR HOLD BACK?
Global mining companies face an urgent dilemma in the grip of a prolonged commodities downturn: whether the cycle has turned enough to bet heavily in new projects ahead of a solid recovery in prices.
MARKET SENDS A MISERABLE MESSAGE: MORE INFLATION, WEAK GROWTH
Why October's two big market moves-a bond selloff and the dollar's rise back to where it started the year-don't tell the obvious story.
(END) Dow Jones Newswires
October 31, 2016 16:15 ET (20:15 GMT)
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