BlackRock Inc. ( BLK ) is considering acquiring roughly 10% of the shares offered in Circle’s upcoming initial public offering (IPO), Bloomberg reported Wednesday, citing people familiar with the matter. The IPO filing, made public on Tuesday, lays out plans to offer 24 million Class A shares — 9.6 million from Circle and 14.4 million from existing stakeholders. According to...

May 28 (Reuters) - Cenovus Energy ( CVE ) said on Wednesday it was scaling back non-essential workforce from its Foster Creek facility in response to wildfires in Northern Alberta. The Canadian oil and gas producer added that it was closely monitoring the evolving wildfire situation in the region and the staffing measure was a precaution. ...

(Reuters) -President Donald Trump's administration has ordered U.S. firms that offer software used to design semiconductors to stop selling their services to Chinese groups, the Financial Times reported on Wednesday, citing several people familiar with the move. Electronic Design Automation groups, which include Cadence, Synopsys ( SNPS ) and Siemens EDA, were told by the Commerce Department to stop supplying...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...