MOSCOW, March 26 (Reuters) - Kremlin-controlled energy giant Gazprom has acquired a 27.5% stake, formerly owned by Shell, in Russian liquefied natural gas (LNG) producer Sakhalin Energy for around $1 billion, according to a government order. The government also officially nullified its order a year ago on selling the stake to Gazprom's rival, Novatek, without explanation. The Russian government said...

HYDERABAD, March 26 (Reuters) - Wipro GE Healthcare, a joint venture of India's Wipro Enterprises and a wholly owned entity of U.S.-based GE Healthcare ( GEHC ), said it would invest 80 billion rupees ($960 million) in the country in its manufacturing and research and development facilities. Bengaluru-based medical technology company Wipro GE Healthcare said on Tuesday the investment would...

(Reuters) -British tonic maker Fevertree Drinks ( FQVTF ) posted an annual profit in line with estimates, buoyed by a robust performance of its U.S. market and increased regional production to offset inflationary pressures due to elevated glass-making costs. The company, which was founded in 2003, had struggled with rising glass costs in Britain due to energy price hikes following...

DUBLIN (Reuters) -Online betting giant Flutter expects its core profit to jump by around 30% this year thanks to a four-fold increase at its fast-growing and market leading U.S. brand Fanduel, the world's largest online betting company said on Tuesday. Flutter expects U.S. core profit of $635 million to $785 million versus last year's $167 million, which represented its first...