China’s Full Truck Alliance pauses $1 billion Hong Kong listing – sources
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…
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…
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…
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…
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…
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…
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…
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,…
By 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…
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…
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…
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,…
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…
(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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…