Hedge fund Canyon Capital
Advisors warned it would vote against the $2.38 billion sale of
offshore driller Rowan Companies Plc to rival Ensco Plc
, casting doubt on a combination that had signaled
optimism about the future of offshore exploration.
Britain's opposition Labour Party
criticised the government on Monday for awarding a 14 million
pound ($18 million) contract to a ferry company with no ships to
provide backup freight cover in case the country exits the
European Union without a deal.
European Union governments
agreed on Monday that foreign investment firms wanting to
operate in the euro zone will have to set up branches inside the
bloc, a move that will mostly hit London-based financial firms.