News Highlights: Top Company News of the Day

Features Dow Jones Newswires

Tables Turned: Saudi Arabia Hunts for Oil Assets in the U.S.

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Saudi Arabia is hunting for an energy deal in American shale country, as economic upheaval pushes it to seek its first international oil-and-gas production investments.

General Mills Gets Boost From Cereal, Snacks

General Mills said its snack and cereal sales are improving in the U.S. as more people nibble throughout the day in place of larger meals.

Uber Dealt Blow as EU's Top Court Rules It Is a Transport Company

Uber suffered a major defeat in its effort to overturn strict rules and licensing requirements in Europe, after the bloc's highest court ruled the ride-hailing company should be regulated as a transportation service, rather than a digital service.

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Kuwait Is Investigating Military Helicopter Deal With Airbus

Kuwait is investigating a military helicopter deal with Airbus SE, adding to the pressure on the European aerospace giant that is facing management turnover and multiple fraud investigations.

WeWork, No Longer in a Sharing Mood, Hunts for New Tenants on Rivals' Turf

Executives of shared-office space giant WeWork Cos. have long played down competitive threats, saying that similar companies help the fledgling sector grow. But in recent months the company has changed its tune.

Amazon Puzzles Over the Perfect Fit-in Boxes is aiming to ship each order in one correctly sized package, responding to rising costs and consumers' concerns about the environmental impact of all that cardboard.

Shell, Eni Face Italian Charges Over Nigerian Deal

Royal Dutch Shell PLC, the chief executive of state-backed Italian energy company Eni SpA and other industry executives must stand trial on corruption charges connected to a 2011 Nigerian oil deal, an Italian judge ruled Wednesday.

BlackBerry Starting to Cast Closer Look at Acquisitions to Bolster Growth

BlackBerry Ltd. saw its revenue continue to decline, but boosted margins as it continued to build its enterprise-software business.

KKR Exits African Investment

KKR said it would sell a controlling stake in its first African investment, one month after the firm disbanded its Africa deal team because it couldn't find enough big companies to buy.

Subaru Probes Potential Fabrication of Fuel-Economy Data

The Japanese car company's latest disclosure adds to a scandal that has damaged its domestic business but not its core U.S. market.

(END) Dow Jones Newswires

December 20, 2017 15:15 ET (20:15 GMT)