By Julie Zhu and Scott Murdoch HONG KONG – Plans by Full Truck Alliance Co Ltd, China’s ‘Uber for trucks’, to raise $1 billion in a Hong Kong listing this …
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By Fanny Potkin and Brenda Goh SINGAPORE/SHANGHAI – Alibaba Group plans to expand its Southeast Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the …
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By Svea Herbst-Bayliss BOSTON – United Natural Foods Inc and Oak Street Real Estate Capital are separately working on bids for U.S. food distributor SpartanNash Co, people familiar the matter …
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SHANGHAI – Some Chinese state banks, such as Bank of China and Bank of Communications, will cut deposit rate ceilings on Monday, joining smaller lenders, sources told Reuters. The planned …
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By Balazs Koranyi and Francesco Canepa WASHINGTON – European Central Bank President Christine Lagarde told policymakers to hold back on dissenting views on decisions for several days, a move critics …
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MILAN – State-owned ITA Airways will make its financial data available for suitors from next week, two sources familiar with the matter said on Thursday, as the Italian government tries …
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By Eric M. Johnson and Tim Hepher SEATTLE/PARIS – Boeing Co has advised key airlines and parts suppliers that 787 Dreamliner deliveries would resume in the second half of 2022, …
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World Bank to push ahead with some Afghan projects, maintain pause on education support -sources
by ReutersBy Andrea Shalal and Jonathan Landay WASHINGTON – The World Bank has resumed work on three projects in Afghanistan focused on health, agriculture and livelihoods, but will maintain a hold …
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By Andrea Shalal and Cassandra Garrison WASHINGTON -The board of governors of the Inter-American Development Bank has approved a resolution to hire an outside firm to investigate allegations that IDB …
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SHANGHAI – Tesla is preparing to resume production at its Shanghai plant on Monday following a three-week stoppage, having received the go-ahead from local authorities, two people familiar with the …
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By Greg Roumeliotis and Dawn Chmielewski (Reuters) -A consortium led by U.S. radio station industry veteran Jeff Warshaw has offered to acquire Cumulus Media Inc for close to $1.2 billion, …
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By Elvira Pollina and Mathieu Rosemain MILAN -Iliad is considering buying into Telecom Italia’s (TIM) domestic consumer services operations as part of the French phone group’s push to strengthen its …
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(Reuters) – A suspect wanted in the Brooklyn subway shooting was taken into custody in Manhattan on Wednesday, WNBC in New York reported citing sources. (Reporting by Brendan O’Brien; Editing …
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By Selena Li HONG KONG – BlackRock Inc plans to launch its first product in China’s $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring …
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By Humeyra Pamuk and Daphne Psaledakis WASHINGTON – U.S. Special Envoy for the Horn of Africa David Satterfield will step down from his role before summer, sources familiar with the …
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By Francesca Landini and Stephen Jewkes MILAN – The Benetton family and U.S. investment fund Blackstone are working on a premium of around 30% over Atlantia’s average stock price in …
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By Giuseppe Fonte ROME – Italy plans to beef up its scrutiny of corporate takeovers with a new dedicated division at the cabinet office to oversee merger deals involving strategic …
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By Francesco Guarascio BRUSSELS – Hungary and Austria questioned an EU decision to blacklist two Russian oligarchs but eventually accepted the move after pressure from other governments, European Union diplomats …
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By Chibuike Oguh (Reuters) – GTCR LLC and Clayton, Dubilier & Rice (CD&R) are among private equity firms that have expressed interest in acquiring U.S. medical device manufacturer Merit Medical …
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By Noor Zainab Hussain and Carolyn Cohn LONDON – AIG, one of the world’s biggest commercial insurers, is considering cutting cover for Russia and Ukraine, to shield itself from the …
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By Eric Onstad and Pratima Desai LONDON – Commodity trader Trafigura and other firms are moving to take large amounts of zinc out of London Metal Exchange approved warehouses in …
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By Yuka Obayashi TOKYO – The premium for aluminium shipments to Japanese buyers for April to June was set at $172 a tonne, down 2.8% from the previous quarter, as …
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By Stephanie Kelly NEW YORK – The U.S. Environmental Protection Agency will announce a decision as early as Thursday on numerous pending applications from small fuel producers seeking to be …
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By Sinead Cruise and Carolina Mandl NEW YORK – JPMorgan & Chase on Tuesday started to allow holders of depositary receipts in Russian companies to cancel them, two sources familiar …
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PARIS -Airbus has revoked the contract for a third A350 ordered by Qatar Airways after the Gulf carrier rejected delivery in an ongoing dispute over damage to the surface of …