KKR working on bid for Telecom Italia’s submarine cable unit, sources say
By Elvira Pollina MILAN (Reuters) – KKR is working to present a new offer for Telecom Italia’s submarine cable unit Sparkle as the U.S fund presses ahead with due diligence…
By Elvira Pollina MILAN (Reuters) – KKR is working to present a new offer for Telecom Italia’s submarine cable unit Sparkle as the U.S fund presses ahead with due diligence…
By Foo Yun Chee BRUSSELS (Reuters) – European Commission lawyers initially opposed sending a warning to Amazon over its $1.4 billion acquisition of robot vacuum maker iRobot, three people with…
MADRID/BRASILIA (Reuters) – Spanish Prime Minister Pedro Sanchez and Brazilian President Luiz Inacio Lula da Silva will meet at the COP28 climate conference in Dubai to discuss the conclusion of…
By Pablo Mayo Cerqueiro LONDON (Reuters) – Swiss insurer Baloise is in talks to sell around 1 billion euros ($1.1 billion) of life insurance policies in Belgium, two people familiar…
By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – The owners of fund administrator Alter Domus are pursuing the sale of a stake in the Luxembourg-based group that could…
LONDON/MILAN/FRANKFURT (Reuters) – Eni has won a $600-million award after an arbitration court decided in the Italian firm’s favour and against Germany’s Uniper in a row over a liquefied natural…
By Francesco Guarascio HANOI (Reuters) – Vietnam is finalising reform commitments with G7 governments and multilateral lenders that could unlock billions of dollars in loans to reduce coal use in…
By Jorgelina do Rosario and Jorge Otaola BUENOS AIRES (Reuters) – Argentine former central banker Luis Caputo, frontrunner to be the new economy minister, met local and international bank officials…
BERLIN (Reuters) – German industrial projects in jeopardy after a court ruling wiped 60 billion euros from the federal budget include chip factories, decarbonised steel production, and expanding the battery…
By Anna Koper WARSAW (Reuters) -Abris Capital Partners investment fund is mulling a sale of private healthcare provider Scanmed Group, with Polish cardiovascular care company American Heart of Poland being…
By Olesya Astakhova and Alex Lawler MOSCOW/LONDON (Reuters) – OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this month, three OPEC+…
SHANGHAI/BEIJING (Reuters) – China’s central bank asked some lenders to cap interest rates on an interbank debt instrument this month, people with knowledge of the matter said on Friday, referring…
HOUSTON (Reuters) – Marathon Petroleum restarted a rebuilt reformer at its 593,000-barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, on Thursday, people familiar with plant operations said. Marathon plans…
By Ricardo Brito and Lisandra Paraguassu BRASILIA (Reuters) – Paulo Gonet, Brazil’s electoral attorney general, has emerged as President Luiz Inacio Lula da Silva’s leading candidate to be the country’s…
By Andrew Mills and Ahmed Mohamed Hassan DOHA/CAIRO (Reuters) – Qatari mediators on Wednesday sought to negotiate a deal between Hamas and Israel that included the release of around 50…
HOUSTON (Reuters) – A planned overhaul of the gasoline-producing fluidic catalytic cracker (FCC) at TotalEnergies’ 238,000 barrel-per-day (bpd) Port Arthur, Texas refinery is expected to continue into late November, said…
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Goldman Sachs bosses are considering fatter bonuses to retain star traders and dealmakers this year as the bank looks to…
BEIJING (Reuters) – China has ordered its local governments to halt public-private partnership projects identified as “problematic” and replaced a 10% budget spending allowance for these ventures with a vetting…
By Gilles Guillaume PARIS (Reuters) – Renault will reveal the launch of an additional “affordable” city electric car during this week’s capital markets day for its new EV unit Ampere,…
By Alexander Cornwell ABU DHABI (Reuters) – The United Arab Emirates plans to maintain diplomatic ties with Israel despite international outcry over the mounting toll of the war in Gaza…
By Krystal Hu (Reuters) – Alphabet’s Google is in talks to invest hundreds of millions of dollars in Character.AI, as the fast growing artificial intelligence chatbot startup seeks capital to…
NEW YORK (Reuters) -Industrial and Commercial Bank of China’s hack left its U.S. unit temporarily owing Bank of New York Mellon $9 billion as a result of unsettled trades, prompting…
By Echo Wang NEW YORK (Reuters) – China Investment Corp (CIC) has hired a new North America head for its New York office, two people familiar with the matter said,…
By Xie Yu HONG KONG (Reuters) – China’s embattled Country Garden is aiming to pull together a tentative plan to restructure its offshore debt by the end of this year,…
SHANGHAI (Reuters) -China’s financial regulators are investigating a month-end liquidity crunch that saw short-term money rates surge to as much as 50%, asking some institutions to explain why they borrowed…