All News

ATHENS – Credit servicer doValue Greece, a subsidiary of Italy’s biggest debt recovery firm doValue, said on Tuesday it was awarded a new loan servicing mandate for a 500 million …

By Elvira Pollina MILAN -The chances of the U.S. fund KKR pushing ahead with a firm bid for Telecom Italia (TIM) faded, with the two sides deadlocked on Tuesday over …

By Jonathan Saul LONDON – The risk of coming across floating mines in the major Black Sea shipping route is adding to perils for merchant ships sailing in the region, …

By Tetsushi Kajimoto TOKYO – An advisory panel to Japan’s finance minister on Tuesday recommended that the law should be changed to revoke Russia’s most-favoured-nation trading status following Moscow’s invasion …

By Huw Jones LONDON – Banks have begun quietly trying to persuade the European Union to tone down proposals to toughen scrutiny of non-EU lenders to ensure the planned measures …

(Reuters) -UnitedHealth Group Inc and Change Healthcare have agreed to extend the closing date of their merger by another nine months to Dec. 31, the companies said on Tuesday, more …

By Nupur Anand MUMBAI – India’s largest private lender HDFC Bank’s $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the …

(Reuters) -Kinross Gold Corp is selling its Russian assets to Highland Gold Mining group of companies for a total of $680 million in cash, the Canadian company said on Tuesday, …

By Francesco Guarascio BRUSSELS -The European Commission will propose on Tuesday to EU nations sweeping new sanctions against Russia, including banning imports of coal, wood, chemicals and other products worth …

By Dominique Vidalon PARIS -French food group Danone said on Tuesday that “all options are on the table” regarding its business in Russia and that there was no decision at …

LONDON – Global nickel smelting activity climbed in March, including in major producer Russia despite the Ukraine conflict, data from satellite surveillance of nickel plants showed. Production in Russia has …

BANGKOK – Thailand’s leading joint business group on Tuesday trimmed its economic growth forecast for this year to 2.5%-4.0% from a previous forecast of 2.5%-4.5% due to the impact of …

By Anna Pruchnicka (Reuters) – DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, said it plans to stay in Russia, but could not give an outlook …

TOKYO – Nissan Motor Co is pushing back the release date of the electric Ariya B6 SUV again due to a global shortage of semiconductors and other supply chain disruptions, …

By Megan Davies and Alexandra Alper NEW YORK/WASHINGTON -The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves …

By Tatiana Bautzer SAO PAULO – Latin American bankers expect investors to overlook political worries in the region this year and keep investing in local companies, buoyed by strong commodities …

By Hannah Lang (Reuters) – Last week, a top U.S. banking regulator warned of growing risks as banks start to capitalize on the popularity of cryptocurrencies to offer related services …

By Jonathan Cable LONDON – Euro zone business growth got a boost last month from the re-opening of economies following the Omicron coronavirus variant, according to a survey which however …

FRANKFURT – Germany’s unlisted Boehringer Ingelheim said operating income rose 1.8% in 2021, driven by more prescriptions of diabetes drug Jardiance and demand for its veterinary drugs as people purchased …

By Svea Herbst-Bayliss BOSTON -Activist investment firm Macellum Advisors GP LLC on Monday urged Kohl’s Inc to be more open about its sales process, urging the retailer to give bidders …

(Reuters) – Steel baron Vladimir Lisin, listed by Forbes magazine as Russia’s third richest man, told Kommersant newspaper on Tuesday that Moscow’s plans to charge roubles for its exports would …

By Leika Kihara and Tetsushi Kajimoto TOKYO -Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday the yen’s recent moves were “somewhat rapid”, joining a chorus of policymakers who …

DUBLIN -Ryanair expects average air fares during this year’s summer peak season to be 5-10% higher than pre-pandemic prices in the same period of 2019, Group Chief Executive Michael O’Leary …

BERN – While Swiss financial firms’ business ties to Russia are “not insignificant”, financial market supervisor FINMA does not currently foresee a wide-scale threat to the Swiss financial market and …