Italy risks raising next to nothing from bank tax, sources say
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy risks collecting minimal proceeds from a windfall tax on banks after it gave lenders the option to set aside money…
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy risks collecting minimal proceeds from a windfall tax on banks after it gave lenders the option to set aside money…
By Kane Wu, Yantoultra Ngui and Scott Murdoch HONG KONG/SINGAPORE (Reuters) – Hong Kong-based Affinity Equity Partners has paused plans to launch a so-called continuation fund enabling itself and its…
By Shariq Khan, David French and Ron Bousso (Reuters) – BP Plc is exploring the sale of a 49% stake in its U.S. oil and gas pipeline network in the…
MILAN (Reuters) – Italian luxury sneaker brand Golden Goose has picked Lazard as financial adviser to explore a potential stock market listing in Milan, two sources close to the matter…
By Scott Murdoch SYDNEY (Reuters) – China Evergrande Group sold its luxury superyacht for about $32 million earlier this year, said two sources, further shrinking the developer’s offshore assets as…
By Aditi Shah NEW DELHI (Reuters) -Toyota Motor plans to build a third car plant in India, expanding production capacity in the country for the first time in over a…
By Abigail Summerville (Reuters) – Private equity firm Wind Point Partners is exploring a sale of Gehl Foods LLC that could value the U.S. manufacturer of dairy-based products at over…
By Yantoultra Ngui and Phuong Nguyen SINGAPORE/HANOI (Reuters) – Singapore’s sovereign wealth fund GIC is among investors vying to buy up to 20% stake in grocer Bach Hoa Xanh from…
(Reuters) – Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the participation of China, Bloomberg News…
By Francesco Guarascio HANOI (Reuters) – Chinese solar panel maker Trina Solar is planning to build its third factory in Vietnam, three people familiar with the matter told Reuters, a…
By Christian Kraemer and Rene Wagner BERLIN (Reuters) – Five economic institutes are predicting gross domestic product in Germany to contract by 0.6% in 2023, two sources told Reuters on…
HONG KONG (Reuters) – Authorities in China have ordered a senior Nomura Holdings banker overseeing the firm’s investment banking operations there not to leave the mainland, two sources with knowledge…
By Munsif Vengattil and Shivangi Acharya NEW DELHI (Reuters) – India will defer an import licence requirement for laptops and tablets, two government officials said, a policy U-turn after industry…
By Milana Vinn (Reuters) – Deutsche Bank AG has hired Ainslee Withey, a Barclays technology banker, as a managing director in its technology investment banking group for internet dealmaking, according…
By Giuseppe Fonte ROME (Reuters) – Italy sees its 2023 budget deficit overshooting at around 5.5% of gross domestic product (GDP) from the current 4.5% target, sources told Reuters, pushed…
By Luis Jaime Acosta BOGOTA (Reuters) – At least 40% of fighters from Colombia’s National Liberation Army (ELN) rebels could reject a potential peace deal being negotiated with the government,…
By Aditi Shah and Neha Arora NEW DELHI (Reuters) – Indian steel-to-energy group JSW is in early stage talks with Korea’s LG Energy Solution (LGES) about jointly manufacturing batteries in…
By Amy-Jo Crowley LONDON (Reuters) – British publisher National World is sounding out potential investors to help finance a bid for the Telegraph newspaper group, three people with knowledge of…
MOSCOW (Reuters) – Russia is considering imposing an additional tax tied to the rouble-dollar rate on exports of metals, fertilisers and some other commodities, sources in two major exporting companies…
BANGKOK (Reuters) -Thailand’s new government plans to borrow about 2.4 trillion baht ($66.4 billion) for the fiscal year 2024 starting on Oct. 1, up 9% from the current year, according…
By Clara Denina LONDON (Reuters) – Rio Tinto has been solely funding preparatory work at the blocks it holds at Simandou, one of the world’s largest untapped iron ore deposits,…
By Amy-Jo Crowley LONDON (Reuters) – The owners of All3Media have formally kicked off a sale process for the British television production company, five people familiar with the matter told…
By Tim Hepher PARIS (Reuters) – Airbus is pushing ahead with plans to name a new internal head of its commercial aircraft business, effectively recreating a separate civil jetliner division…
By Nell Mackenzie LONDON (Reuters) – Former Elliott Investment Management investor Leo Markel will launch a London-based fund called Finch Bay Capital in the first quarter of 2024 and expects…
By Abigail Summerville NEW YORK (Reuters) – National Carwash Solutions’ private equity owner is exploring a sale of the U.S. carwash equipment provider that could value it at close to…