Posts From King World News

Disney will awaken new 'Star Wars' toys in global livestream event

LOS ANGELES, Aug 26 (Reuters) – “Star Wars” fans eagerly anticipating the December release of “The Force Awakens” won’t have to wait to get their hands on toys and memorabilia tied to the movie – Walt Disney Co. on Wednesday will hold a global online event to roll them out. The toys will be introduced over an 18-hour period in 15 cities and 12 countries beginning early on Sept. 3,

Schlumberger to buy oilfield gear maker Cameron in $14.8 billion deal

The deal is the latest in a line of mergers in the energy industry as companies struggle to cope with a 60 percent plunge in global crude oil prices (LCOc1) since June last year. Most oil and gas producers, including oil majors Royal Dutch Shell PLC (RDSa.L) and Total SA (TOTF.PA), have drastically cut spending, which has hurt demand for oilfield services companies. Schlumberger, the world’s No.1 oilfield services company,