FPL, stakeholders reach tentative deal to keep electric bills below national average through 2029
Juno Beach, FL – Florida Power & Light Company says it has reached an agreement in principle with major stakeholders on a four-year rate settlement aimed at keeping customer bills well below…
Emerging markets better equipped to deal with Fed rate hike cycle – S&P
LONDON – Financing conditions have tightened for emerging markets both domestically and externally but they are better prepared to handle the U.S. Federal Reserve’s upcoming monetary tightening policy cycle, ratings agency S&P…
Analysis-U.S. Congress may squawk over a new Iran deal but is unlikely to block it
By Patricia Zengerle and Arshad Mohammed WASHINGTON – Despite threats from nearly three dozen Republican senators to thwart a revived Iran nuclear deal and the misgivings of some top Democrats, there is…
Seven in 10 UK exporters find no boost from EU trade deal – BCC
By David Milliken LONDON – More than seven out of 10 British exporters have found no benefit from the trade deal that Britain agreed with the European Union after Brexit, the British…
IBM spinoff Kyndryl signs ‘beachhead’ networking deal with Nokia
By Supantha Mukherjee STOCKHOLM – Kyndryl, the former infrastructure services business of IBM, signed a deal with Nokia to help automate factories by bringing in cloud computing and artificial intelligence over wireless…
Italy’s BPER to present new plan after Carige deal closes – CEO
(Repeats without changes) MILAN – Italy’s fifth-largest bank BPER Banca will present a new business plan after the closing of the deal for Carige, Chief Executive Piero Luigi Montani said in a…
Intel expands in specialty chipmaking with $5.4 billion deal for Israel’s Tower
By Steven Scheer JERUSALEM -Intel Corp is buying Israeli chipmaker Tower Semiconductor for $5.4 billion, the companies said on Tuesday, giving it access to more specialised production as it positions to take…
Manchin Blasts Biden’s FDA Pick, Alleges He Shares ‘A Great Deal Of Responsibility’ For The Opioid Epidemic
West Virginia Democratic Sen. Joe Manchin blasted Dr. Robert Califf, President Joe Biden’s nominee to lead the Food and Drug Administration, in a speech on the Senate floor Monday, saying that he…
Canada’s Trudeau to invoke emergencies act to deal with truckers’ protests -sources
OTTAWA – Canadian Prime Minister Justin Trudeau on Monday plans to invoke rarely used emergency measures to tackle ongoing protests that have shut border crossings, and also blocked the capital for more…
Iran ‘is in a hurry’ to revive nuclear deal if its interests secured -foreign minister
By Parisa Hafezi VIENNA -Iran is “in a hurry” to strike a new nuclear accord as long as its national interests are protected, its foreign minister said on Monday as Tehran and…
Oracle’s Red Bull F1 title sponsorship deal worth $300 million – sources
STOCKHOLM – Software giant Oracle’s title sponsorship agreement with the Red Bull Formula One team is worth about $300 million over five years, according to sources familiar with the deal. The new…
Credit Suisse sweetens deal for senior bankers with 800 million Sfr in upfront cash
By Brenna Hughes Neghaiwi ZURICH – Credit Suisse’s bonus pool fell 32% in 2021, the bank said on Thursday, as the bank slashed regular deferred awards following a string of scandals, but…
Embraer strikes deal with Brazilian Air Force on KC-390 order reduction
SAO PAULO – Planemaker Embraer SA announced on Wednesday it had reached a deal with Brazilian Air Force to cut its order for 28 KC-390 military cargo planes to 22 aircraft, and…
Siemens agrees to sell logistics business to Koerber in 1.15 billion euro deal
ZURICH – Siemens has agreed to sell the mail and parcels business of Siemens Logistics business to German technology group Koerber for a purchase price of 1.15 billion euros ($1.31 billion), the…
Discovery-WarnerMedia deal clears U.S. antitrust review
– Media company Discovery Inc’s plan to acquire venerable film and TV studio WarnerMedia has passed the U.S. Department of Justice’s antitrust review, clearing another hurdle toward closing, according to a regulatory…
‘No to the IMF’: thousands protest in Argentina against debt deal
By Miguel Lo Bianco and Horacio Soria BUENOS AIRES – Thousands of Argentines marched through the streets of Buenos Aires on Tuesday to protest against a likely deal with the International Monetary…
Microsoft eyeing deal to buy cybersecurity firm Mandiant -Bloomberg
-Microsoft Corp is considering a deal to buy cybersecurity firm Mandiant Inc , Bloomberg News reported https://www.bloomberg.com/news/articles/2022-02-08/microsoft-is-said-to-pursue-deal-for-cybersecurity-firm-mandiant?sref=V7uxlNge on Tuesday, citing a person familiar with the matter. The talks may not result in…
Talks to salvage Iran nuclear deal resume quietly in Vienna
By Francois Murphy VIENNA – Indirect talks between Iran and the United States on salvaging Tehran’s 2015 nuclear deal with world powers resumed on Tuesday after a 10-day break, but envoys gave…
Quantum computing company D-Wave to go public via $1.6 billion SPAC deal
– Quantum computing firm D-Wave Systems Inc said on Tuesday it had agreed to go public by merging with blank-check company DPCM Capital in a deal that values the combined company at…
U.S. Republican senators vow to thwart any Iran deal if Biden skips congressional review
By Andrea Shalal WASHINGTON – A group of 33 Republican senators warned U.S. President Joe Biden on Monday that they would work to thwart implementation of any new Iran nuclear agreement if…
Arm deal collapse leaves SoftBank asset sales in disarray
By Sam Nussey TOKYO – The collapse of SoftBank Group Corp’s deal to sell chip designer Arm to Nvidia marks a major setback to the Japanese conglomerate’s efforts to generate funds at…
Tesla cut steering component from some cars to deal with chip shortage – CNBC
– Tesla Inc decided to remove one of the two electronic control units included in the steering racks of some made-in-China Model 3 and Model Y cars to meet fourth-quarter sales goals…
Austrian antitrust court gives green light to Facebook’s Giphy deal
VIENNA – An antitrust court in Austria on Monday approved with conditions Facebook’s purchase of animated images platform Giphy, in a boost for the social media giant after a UK watchdog said…
Ecuador sees trade deal with China at end of year, debt talks to begin
By Alexandra Valencia QUITO – Ecuador expects to pull together a trade deal with China at the end of this year and will begin formal debt re-negotiations with the Asian country, Ecuadorean…
Iran says U.S. should provide guarantees for revival of 2015 nuclear deal
– Iran’s foreign minister said on Saturday that a U.S. move to restore sanctions waivers to Tehran was not enough and Washington should provide guarantees for the revival of the 2015 nuclear…
Russia, China agree 30-year gas deal via new pipeline, to settle in euros
By Chen Aizhu – Russia has agreed a 30-year contract to supply gas to China via a new pipeline and will settle the new gas sales in euros, bolstering an energy alliance…
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