EnCana to split in two with oil at record highs

CALGARY, Alberta (Reuters) - EnCana Corp , Canada's biggest energy company, said on Sunday it plans to split into two separate oil and natural gas firms in an effort to wring out more value with crude prices at record highs.

Cablevision near deal to buy Newsday: source

NEW YORK (Reuters) - Tribune Co is close to an agreement to sell its Newsday newspaper to Cablevision Systems Corp and an announcement could come as early as Monday, a source familiar with the situation said on Sunday.

Oil steady above $126

PERTH (Reuters) - Oil hovered close to record levels above $126 a barrel on Monday as violence in the Middle East heightened worries of supply disruptions in the world's largest crude producing region.