Sinopec Buys Nigeria Oil Stake

China Petrochemical Corp., seeking to reverse a decline in oil reserves, will buy a 20 percent stake in an offshore Nigerian field from French explorer Total SA for about $2.5 billion.
Why It May Be Tough for TWC to Remain Independent
18:28 - John Bergmayer, a senior staff attorney at Public Knowledge, and Bloomberg's Alex Sherman discuss the reports that advisers for Charter Communications have reached out to Time Warner Cable to begin friendly talks on an acquisition after Comcast withdrew its bid for the company. They speak with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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