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UPDATE 2-Rackspace may take itself private – TechCrunch

(Adds comments from company spokesman, analysts; updates shares)

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German insurers face $900 mln bill for June storm

FRANKFURT, July 2 (Reuters) – German insurers are on the hook for about 650 million euros ($887 million) in damage claims from storm “Ela” in early June, which hit northwestern Germany especially…

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Shelf Drilling cancels flotation plans

Emerging markets-focused oil group blames challenging conditions and insufficient demand at price range for pulling out of $500m IPO plans

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