Nancy Pelosi Regrets Ochestrating Coup That Led to Kamala Harris and Ouster of Democrats, Sources Claim
WASHINGTON — Former Speaker Nancy Pelosi is reportedly expressing regret over her role in the political maneuvering that led to President Joe Biden stepping aside as the Democratic nominee for the 2024…
Most of the Iranian drones over Syria were downed by Israel,US, intelligence sources say
By Suleiman Al-Khalidi AMMAN (Reuters) – Most of the Iranian drones flying over Syria’s airspace during Tehran’s strikes overnight were downed by Israeli and U.S. jets before reaching their targets in Israel,…
Exclusive-Boeing, Airbus exploring framework to divvy up Spirit Aero’s operations, sources say
By David Carnevali, Mike Stone, Allison Lampert and Tim Hepher (Reuters) – Boeing and Airbus are edging towards a potentially coordinated deal to split operations of troubled supplier Spirit AeroSystems, taking on…
Indonesia’s Prabowo weighs former minister, regulator chief for finance job, sources say
By Ananda Teresia and Stefanno Sulaiman JAKARTA (Reuters) – Indonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for the role…
EnCap Investments seeks sale of Utah oil producer XCL Resources, sources say
By Shariq Khan and David French (Reuters) – EnCap Investments is seeking to sell XCL Resources, four people familiar with the matter said, two years after the private equity firm’s plan to…
Billionaires sought to help fund Trump bond in civil fraud case, sources say
By Alexandra Ulmer (Reuters) -Some major Republican donors were working together to help U.S. presidential candidate Donald Trump fund the original bond amount needed to cover his $454 million civil fraud judgment…
Hezbollah official makes landmark visit to UAE, sources say
By Laila Bassam BEIRUT (Reuters) – A senior official from the Iran-backed Lebanese group Hezbollah has made a landmark trip to the United Arab Emirates to facilitate the release of more than…
US Congress deal bars US funds to UNRWA until March 2025, sources say
By Patricia Zengerle WASHINGTON (Reuters) – An agreement reached by U.S. congressional leaders and the White House on a massive bill funding military, State Department and a range of other government programs…
Ship abandoned in Red Sea faces unknown fate, sources say
By Jonathan Saul LONDON (Reuters) -A cargo ship abandoned four days ago in the Gulf of Aden after it was hit by missiles fired by Yemen’s Houthis is still floating despite taking…
Israeli strike kills woman and child in south Lebanon, sources say
BEIRUT/JERUSALEM (Reuters) -An Israeli air strike killed a woman and a child in south Lebanon on Wednesday, sources in Lebanon said, days after Hezbollah said it would inflict a price on Israel…
Exclusive-Putin’s suggestion of Ukraine ceasefire rejected by United States, sources say
By Guy Faulconbridge and Darya Korsunskaya MOSCOW/LONDON (Reuters) – Russian President Vladimir Putin’s suggestion of a ceasefire in Ukraine to freeze the war was rejected by the United States after contacts between…
Republican Party chair eyes departure amid Trump pressure – sources
By Nathan Layne and Alexandra Ulmer (Reuters) – Ronna McDaniel, the chair of the Republican National Committee, is considering stepping down from her position after this month’s South Carolina primary amid pressure…
China’s major state banks defend yuan as stock markets slide – sources
(Reuters) – China’s major state-owned banks were heavy sellers of dollars on Wednesday, three people with direct knowledge of their activity said, steadying the yuan as it came under pressure in currency…
Exclusive-BDT & MSD Partners explores $5 billion sale of Alliance Laundry -sources
By Anirban Sen (Reuters) -Merchant bank BDT & MSD Partners, the owner of Alliance Laundry Systems, is exploring a sale of the U.S. laundry equipment manufacturer that could value it at nearly…
Chevron reroutes Kazakh oil to Asia around Africa – sources, LSEG data
MOSCOW (Reuters) – Chevron is sending cargoes of Kazakhstan’s CPC Blend oil to Asia around Africa’s Cape of Good Hope rather than via the Red Sea to avoid the risk of attacks…
Italy Finance Minister sought clarification from UniCredit CEO over Pop Sondrio, sources say
By Valentina Za and Giuseppe Fonte MILAN (Reuters) – Italy’s Economy Minister Giancarlo Giorgetti sought clarification from UniCredit CEO Andrea Orcel over the lender’s potential interest in Popolare di Sondrio during a…
Ferrari negotiated with Italy terms of enhanced voting rights scheme, sources say
By Giuseppe Fonte and Giulio Piovaccari ROME/MILAN (Reuters) – Ferrari held talks with the Italian government to amend measures in Rome’s capital markets bill that would help the luxury sports carmaker bring…
Exclusive-Canada to re-start Turkey arms exports after Sweden NATO backing -sources
By Jonathan Spicer ISTANBUL (Reuters) – Canada and Turkey have reached a deal to restart Canadian exports of drone parts in exchange for more transparency on where they are used, and it…
Attack on Iraqi Kurdish gas field leads to major power cuts
BAGHDAD (Reuters) -A drone attack on one of Iraq’s largest gas fields has led to a temporary suspension of production, resulting in major power cuts across the country’s northern Kurdistan region, officials…
Former Credit Suisse APAC asset management head exiting UBS – sources
By Selena Li and Xie Yu HONG KONG (Reuters) – Former asset management head of Credit Suisse in Asia Pacific, Min Huang, is leaving UBS as the bank embarks on reviewing its…
Exclusive-China presses Iran to rein in Houthi attacks in Red Sea, sources say
By Parisa Hafezi and Andrew Hayley DUBAI (Reuters) – Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by the Iran-backed Houthis, or…
OpenAI’s Altman to meet chipmakers Samsung, SK Hynix execs on Friday -sources
SEOUL (Reuters) – OpenAI CEO Sam Altman is visiting South Korea on Friday and meeting leaders of chipmakers Samsung Electronics and SK Hynix, two sources with knowledge of the matter said. Altman…
ECB open to March pivot, possible June cut if data allow -sources
FRANKFURT (Reuters) – European Central Bank policymakers are open to a change in their rhetoric at their next meeting, paving the way for an interest rate cut possibly in June, if upcoming…
Indian banks urge return to call option valuation for perpetual bonds – sources
By Dharamraj Dhutia, Nikunj Ohri and Jayshree P Upadhyay MUMBAI (Reuters) – Indian lenders have suggested that investments in perpetual bonds issued by banks should be valued according to the call option…
Exclusive-Malaysia set to appoint PNB chief to lead country’s biggest pension fund – sources
By Yantoultra Ngui and Rozanna Latiff SINGAPORE/KUALA LUMPUR (Reuters) -Malaysia is expected to name Ahmad Zulqarnain Onn, group CEO of the country’s largest asset manager Permodalan Nasional Berhad (PNB), as the head…
Exclusive-US Fund KPS explored takeover offer for UK’s Elementis –sources
By Amy-Jo Crowley and Emma-Victoria Farr LONDON (Reuters) -KPS Capital Partners recently explored a bid for UK specialty chemicals maker Elementis but has since paused its work, two people familiar with the…
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