Management of bankrupt Volta Trucks seeking buyer – source
By Nick Carey LONDON (Reuters) – The management of bankrupt electric truck maker Volta Trucks is urgently seeking a buyer to take the company out …
Source
Massachusetts Man Indicted for Knowingly Concealing the Source of Material Support or Resources to a Terrorist Organization
BOSTON – A Wakefield, Mass. man was indicted today for knowingly concealing the source of material support or resources that he intended to go to …
US, Israelis discussing potential Biden visit to Israel, source says
WASHINGTON (Reuters) – U.S. and Israelis officials are discussing the possibility of a visit to Israel soon by U.S. President Joe Biden at the invitation …
US SEC does not plan to appeal court decision on Grayscale bitcoin ETF -source
By Chris Prentice and Hannah Lang NEW YORK (Reuters) -The U.S. Securities and Exchange Commission (SEC) will not appeal a recent court ruling that found …
Exclusive-Apollo seeking to join airline SAS investor consortium -source
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – U.S. private equity firm Apollo Global Management is seeking to join the consortium that Scandinavian airline SAS last week …
Ukraine hit two Russian vessels in drone attacks – intelligence source
KYIV (Reuters) – Ukraine struck a Russian missile carrier and a patrol ship in separate attacks this week involving sea-borne drones carrying experimental weapons, a …
Sri Lanka president to visit China as debt talks progress – source
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan President Ranil Wickremesinghe will visit China next week as the crisis-hit country makes progress on debt restructuring …
Bain Capital delays Virgin Australia listing until next year – source
SYDNEY (Reuters) – Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next year, a person with …
Argentina central bank to weigh rate hike at Thursday meeting -source
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s central bank board will discuss the possibility of hiking the benchmark interest rate from its current 118% …
Irish budget to include 2.4 billion euros of ‘one-off’ supports – source
By Padraic Halpin DUBLIN (Reuters) – Ireland will add one-off financial supports totalling around 2.4 billion euros to planned permanent spending measures and tax cuts …
Turkey cenbank chief to meet Blackrock, JPM, DB at IMF/WB forum -source
ANKARA (Reuters) – Turkish Central Bank Governor Hafize Gaye Erkan will hold her first meetings with international investors since taking the job at the annual …
Exclusive-UAW to announce it has made real progress with Ford in labor talks – source
(Reuters) – The United Auto Workers (UAW) will announce on Friday it has made real progress with Ford Motor in talks over a new labor …
CVC gears up for potential November IPO – source
By Anousha Sakoui LONDON (Reuters) – Europe’s biggest private equity firm, CVC Capital Partners, is working towards a long-awaited initial public offering in November, a …
US prepares measures to help Cuban small businesses -source
By Matt Spetalnick WASHINGTON (Reuters) – The Biden administration is preparing to unveil new regulatory measures to allow more U.S. financial support for small private …
Biden planning speech on US democracy later this month -source
WASHINGTON (Reuters) -U.S. President Joe Biden is planning to deliver a speech on American democracy later this month after the next Republican presidential campaign debate, …
As UAW strike looms, Biden admin considers aid for small suppliers -source
(Reuters) – President Joe Biden’s administration is discussing emergency aid to protect smaller firms that supply U.S. auto manufacturers if the United Auto Workers union …
Deloitte UK to cut over 800 jobs – source
(Reuters) -Deloitte is planning to cut more than 800 jobs in the United Kingdom, a source told Reuters on Wednesday. The company is proposing some …
Exclusive-Arm to fetch at least $54.5 billion valuation in IPO -source
By Echo Wang NEW YORK (Reuters) -Arm, the chip designer owned by SoftBank Group Corp, received enough backing from investors to secure at least the …
Once a Source of Bad Puns, NJ Road Signs Switch to Terrorism Reminders
TRENTON, NJ – Digital highway signs across New Jersey once pushed humorous public service messages like “We’ll be blunt, don’t drive high”, “Nice car, did …
Instant settlement of Indian stock market trades to come in by Oct 2024 – regulatory source
By Jayshree P Upadhyay MUMBAI (Reuters) – India’s market regulator expects instant settlement of stock market trades to be implemented by October 2024, a source …
Turkey’s economic team in Russia as Erdogan meets Putin – source
ANKARA (Reuters) – Turkey’s top economic policymakers are visiting Russia for meetings on Monday, a source said, travelling along with President Tayyip Erdogan who will …
US Turns To Country Notorious For Child Labor And Unsafe Mines To Source Its EV Ambitions
US Turns To Country Notorious For Child Labor And Unsafe Mines To Source Its EV Ambitions Nick Pope on August 24, 2023 In order to …
Arm’s full-year revenue fell 1% ahead of IPO – source
By Anirban Sen and Manya Saini (Reuters) – SoftBank Group Corp’s Arm Ltd is expected to report a revenue decline of about 1% in the …
Argentina raises interest rate, devalues peso after shock primary election -official source
BUENOS AIRES (Reuters) – Argentina’s central bank will raise the benchmark interest rate to 118% from 97% previously, an official source said Monday, adding the …
Nicaragua freezes bank accounts of top university led by Jesuits – source
By Ismael Lopez (Reuters) – Nicaraguan authorities froze the bank accounts of the country’s top private university, a source from the institution told Reuters, marking …
UBS lays off Credit Suisse investment bank staff, closes Houston office -source
By Tatiana Bautzer and Shankar Ramakrishnan NEW YORK (Reuters) – UBS Group is laying off employees from Credit Suisse’s investment bank this week in New …
Commonwealth Bank of Australia could cut up to 200 jobs – source
By Rishav Chatterjee (Reuters) – Commonwealth Bank of Australia, the country’s biggest lender, could cut up to 200 jobs, a source familiar with the matter …
Burisma CEO Bragged It Would Take ’10 Years’ To Find Records Showing ‘Illicit Payments To Joe Biden’: FBI Source
Burisma CEO Bragged It Would Take ’10 Years’ To Find Records Showing ‘Illicit Payments To Joe Biden’: FBI Source Arjun Singh on July 20, 2023 …
Activist investor Elliott takes stake in drug manufacturer Catalent – source
By Maggie Fick LONDON (Reuters) – Activist investor Elliott Investment has taken a stake in contract drugmaker Catalent, a source familiar with the matter told …
Talks on repatriating Ukrainian children from Russia under way since at least April -source
KYIV (Reuters) – Talks being mediated by Saudi Arabia and Turkey on the repatriation of Ukrainian thousands of children taken to Russia since Moscow’s invasion …
Exclusive – Mexico’s Pemex to lose some 100,000 bpd of crude this month after fire – source
By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s state oil company Petroleos Mexicanos will see its crude output reduced by some 100,000 barrels per …
Lazard fires senior banker for inappropriate behavior -source
NEW YORK (Reuters) – Investment bank Lazard terminated a managing director for inappropriate behavior over the weekend, according to a source familiar with the situation. …
Exclusive-Prosecutors probe false accounting charges in Eurovita case – source
By Emilio Parodi MILAN (Reuters) – Prosecutors in Milan are probing allegations of false accounting in relation to the crisis at Italian life insurer Eurovita, …
Australia, EU trade ministers spoke as hopes of free trade deal rise – source
By Kirsty Needham SYDNEY (Reuters) – Australian and European Union trade ministers spoke on Thursday evening, a source familiar with the matter told Reuters, as …
Biden admin has been discussing possible executive action on affirmative action – source
WASHINGTON (Reuters) – President Joe Biden’s administration has in recent weeks been discussing possible executive actions he could take in response to the Supreme Court’s …
DANIEL TURNER: Radical Green Groups Are Attacking American Energy Independence At The Source
DANIEL TURNER: Radical Green Groups Are Attacking American Energy Independence At The Source Daniel Turner on June 29, 2023 Although America’s energy producers are already …
Germany to reject Binance’s bid for a cryptocurrency licence – source
FRANKFURT (Reuters) – German regulators have told Binance they will not grant it a cryptocurrency custody licence, a person with direct knowledge of the matter …
Brookfield’s reinsurance arm nearing deal to buy American Equity – source
By Anirban Sen (Reuters) -Canadian private equity firm Brookfield’s reinsurance arm is nearing a deal to buy insurer American Equity Life Holding, a person familiar …
Goldman Sachs taps former BofA executive Tom Montag for board -source
By Saeed Azhar and Manya Saini NEW YORK (Reuters) – Goldman Sachs Group Inc plans to add former Bank of America executive Tom Montag to …
JPMorgan cuts nearly 40 investment bankers in US – source
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co is cutting nearly 40 investment bankers in the U.S., a source with knowledge of …
Berlin plans to spend 8 billion euros in package for 60 Boeing Chinook helicopters -source
BERLIN (Reuters) – Germany aims to purchase 60 Chinook helicopters from Boeing in a package that would cost up to 8 billion euros ($8.71 billion), …
Argentina to make $1.9 billion payment to IMF as scheduled – econ min source
BUENOS AIRES (Reuters) – Argentina will make scheduled payments totaling some $1.9 billion to the International Monetary Fund (IMF) on Wednesday, an economy ministry source …
Olympics-Police raid consulting agency as part as Paris 2024 probes -judicial source
PARIS (Reuters) – The headquarters of the Keneo sports consulting agency have been searched by French police in the course of investigations into alleged corruption …
Insurance broker Acrisure prepares for 2024 IPO at over $20 billion valuation – source
(Reuters) – Insurance broker Acrisure has begun interviewing banks for an initial public offering next year which could fetch it a valuation of over $20 …
India’s Modi to address FedEx, Mastercard, other US CEOs at Kennedy Center -source
By Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) – Indian Prime Minister Narendra Modi will meet the CEOs of top American companies including FedEx, MasterCard …
US debt ceiling deal keeps non-defense spending roughly flat until FY 2024 – source
(Reuters) – A deal reached to raise the U.S. federal government’s $31.4 trillion debt ceiling keeps non-defense spending roughly flat for current fiscal year and …
Argentina in talks to expand China currency swap line, source says
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina is in talks to renew and potentially expand its currency swap line with China, a central bank …
Exclusive – Vietnam’s No Va Land in talks with Credit Suisse, others to restructure debt – source
By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) – Vietnamese property giant No Va Land Investment Group Corp is in talks with creditors to restructure …
Virgin Australia aims for November A$1 billion listing – source
SYDNEY (Reuters) – Bain Capital’s Virgin Australia airline is aiming for a A$1 billion listing on the Australian Securities Exchange (ASX) in November, according to …
US pulls $200 million grant for Microvast battery company -source
By Timothy Gardner WASHINGTON (Reuters) -The U.S. Energy Department on Monday canceled a $200 million grant for lithium battery company Microvast Holdings, a source familiar …