Phillips 66 shares are trading lower on Tuesday. On Monday, The company finalized an agreement to sell its 49% stake in Coop Mineraloel AG (CMA) to its Swiss joint venture partner for 1.06 billion Swiss francs (about $1.24 billion). The deal includes a 1 billion Swiss franc sale price (around $1.17 billion) and a dividend of 60 million Swiss francs...

09:24 AM EDT, 10/15/2024 (MT Newswires) -- Apollo Global Management ( APO ) said Tuesday it closed its Apollo Origination Partnership Fund II with about $4.8 billion of investable assets. The fund is designed for investing in senior corporate debt of companies located predominantly in the US and Western Europe that generate over $100 million of annual EBITDA, Apollo said....

WASHINGTON, Oct 15 (Reuters) - The Federal Aviation Administration on Tuesday extended the restrictions on commercial airlines over Iraq for U.S. flights for another three years citing risks to flights. The agency is extending the prohibition against flying below certain altitudes through October 2027 citing risks from Iranian-aligned militia groups' activities and third-party military operations. The restrictions also apply to...

Oct 15 (Reuters) - Nabors Industries ( NBR ) on Tuesday agreed to buy drilling services provider Parker Wellbore as the oilfield services company aims to expand its global drilling business. The company would acquire Parker Wellbore for 4.8 million shares of Nabors' common stock, subject to a share price collar, and the assumption of net debt of about $100...