Top U.S. oil producer Exxon Mobil (XOM.N) is in talks to pay more than $250 per share for Pioneer Natural Resources Co (PXD.N), according to a person familiar with the matter.
Bloomberg News reported about the deal earlier. Pioneer and Exxon did not immediately respond to a Reuters request for comment.Southeast Asian countries are taking a business-friendly approach to artificial intelligence regulation in a setback to the European Union's push for globally harmonised rules that align with its own stringent framework.
The Australian government said on Wednesday it planned to introduce laws that would empower the central bank to regulate digital wallet providers including Apple Pay and Alphabet's Google Pay.Bank of Queensland shares fell nearly 5% on Wednesday, as the lender cut its dividend after annual profit plunged by about 70% amid depressed mortgage lending, and flagged margin pressure.
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