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…
Exclusive-Deutsche Bank used big trades to raise cash in March turmoil -sources
By Francesco Canepa and Tom Sims FRANKFURT (Reuters) – As banks came under mounting pressure in March, Deutsche Bank used big trades to give its cash buffers a temporary boost, employing a…
Italy probing China’s possible growing influence on Pirelli -sources
By Giuseppe Fonte and Giulio Piovaccari MILAN (Reuters) – The Italian government, which is assessing tyre maker Pirelli’s new shareholder agreement, is concerned about plans to allow top shareholder China’s Sinochem to…
Boyu, Hillhouse, others vie for HK-based medical device firm Quasar -sources
By Kane Wu and Yantoultra Ngui HONG KONG (Reuters) – Private equity firms Boyu Capital, Hillhouse Capital and BPEA EQT are among bidders vying for Longreach Group’s Hong Kong-based medical device maker…
Exclusive-Malaysian tycoon weighs selling a stake in $2.7 billion port business -sources
By Yantoultra Ngui SINGAPORE (Reuters) – Malaysian tycoon Syed Mokhtar Al-Bukhary is looking at bringing in an investor into MMC Port Holdings – a deal that could value the country’s biggest port…
Sudan’s factions agree to 7-day humanitarian truce and ceasefire, sources say
(Reuters) – The Sudanese army and paramilitary Rapid Support Forces (RSF) agreed to a seven-day humanitarian truce and ceasefire, two negotiation sources told Reuters on Saturday. The new agreement will take effect…
Telecom Italia urged to call board meeting to name Vivendi candidate – sources
MILAN (Reuters) – Telecom Italia (TIM) is being urged by some directors to hold an extraordinary board meeting to name a candidate sponsored by top investor Vivendi to fill a vacant director…
American Airlines pilots to get 21% pay raise this year in tentative contract -sources
CHICAGO (Reuters) – Pilots at American Airlines will get a 21% pay raise this year as part of a new four-year tentative contract, three sources with direct knowledge of the matter said…
Spain’s Sacyr in talks to sell 45% of Irish motorway to Bestinver -sources
MADRID (Reuters) – Sacyr is negotiating with Spanish firm Bestinver to sell its 45% stake in the Irish motorway N6 and thus fully exit the concessions business in Ireland, two people familiar…
Exclusive-India, UK still far apart on free trade deal – sources
By Shivangi Acharya, Aditi Shah and Aftab Ahmed NEW DELHI (Reuters) – India and Britain are struggling to make progress in free trade talks due to differences on some key tariff lines…
Patriot missile defense system in Ukraine likely damaged -US sources
WASHINGTON (Reuters) – A U.S.-made Patriot missile defense system being used by Ukraine likely suffered some damage from a Russian strike, two U.S. officials said on Tuesday, adding that it did not…
Exclusive-G7 leaders to target Russian energy, trade in new sanctions steps -sources
By Trevor Hunnicutt and Andreas Rinke WASHINGTON/BERLIN (Reuters) – Leaders of the Group of Seven (G7) nations plan to tighten sanctions on Russia at their summit in Japan this week, with steps…
Italian steelmaker Feralpi invites banks to pitch for IPO role –sources
By Elisa Anzolin and Pablo Mayo Cerqueiro MILAN/LONDON (Reuters) – Italian steelmaker Feralpi Group is sounding out investment banks to arrange a possible initial public offering (IPO), three sources familiar with the…
Italy discusses break-up rescue for Eurovita – sources
MILAN (Reuters) – Italian authorities and financial firms on Wednesday discussed plans to rescue Eurovita by dividing up the troubled life insurer among leading players in the industry, two people close to…
Exclusive-Chevron aims to boost Venezuela oil output to accelerate debt recovery -sources
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS (Reuters) – Chevron Corp’s renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerating a…
Investment consortium nears $7 billion-plus deal for Syneos Health -sources
By Anirban Sen NEW YORK (Reuters) -A consortium comprising Elliott Investment Management, Patient Square Capital and Veritas Capital is nearing a deal to acquire Syneos Health Inc, a provider of clinical research…
Yellen is calling CEOs personally to warn on US debt ceiling -sources
By Andrea Shalal WASHINGTON (Reuters) – Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the “catastrophic” impact a U.S. default on its debt would have…
Ryanair close to placing major Boeing order -sources
PARIS (Reuters) – Ryanair is close to signing a major new aircraft order with Boeing, two people familiar with the matter said on Monday. The multi-billion-dollar deal for a three-digit quantity of…
Shell Texas chemical plant fire contained -sheriff
By Erwin Seba HOUSTON (Reuters) -A fire at Shell Plc’s Deer Park, Texas chemical plant appeared to be contained by 6 p.m. CDT (2300 GMT), said Harris County Sheriff Ed Gonzalez at…
Exclusive-Bain Capital nearing final close of Asia fund worth $6 billion – sources
By Kane Wu HONG KONG (Reuters) – U.S. private equity firm Bain Capital is nearing the final close of its fifth and biggest Asia-focused fund after having raised around $6 billion from…
JPMorgan’s Dimon to visit mainland China for first time in 4 years -sources
By Julie Zhu, Scott Murdoch and Nupur Anand HONG KONG/SYDNEY/NEW YORK (Reuters) – Jamie Dimon, the chief executive of JPMorgan Chase & Co, travels to mainland China this month for the first…
Exclusive-Blackstone weighs options for Spanish gambling firm Cirsa -sources
By Amy-Jo Crowley, Pablo Mayo Cerqueiro and Andres Gonzalez LONDON (Reuters) – Blackstone is weighing options for Spanish gambling company Cirsa, including an initial public offering (IPO), people familiar with the matter…
Argentina seeks US, Brazil support for faster IMF payouts – gov’t sources
By Bernardo Caram and Nicolás Misculin BRASILIA/BUENOS AIRES (Reuters) – Argentina is seeking new easing of targets in its $44 billion deal with the International Monetary Fund and faster payouts, and is…
Suriname reaches debt restructuring deal with bondholders
By Rodrigo Campos, Jorgelina do Rosario and Ank Kuipers NEW YORK/LONDON/PARAMARIBO (Reuters) -Suriname reached an agreement in principle with its Eurobond creditor committee for the restructuring of its debt, the government said…
Blackstone mulls sale of Dutch bank NIBC –sources
By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Andres Gonzalez LONDON (Reuters) – U.S. buyout house Blackstone is weighing options for Dutch merchant bank NIBC, including a possible sale, people familiar with the…
Exclusive-India, Russia suspend negotiations to settle trade in rupees -sources
By Aftab Ahmed and Swati Bhat NEW DELHI/MUMBAI (Reuters) – India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep…
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