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…
Lula to start job interviews for Petrobras overhaul, sources say
By Sabrina Valle (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva begins interviews this week with candidates to run oil firm Petrobras, people familiar with the talks said, kicking off what…
Volkswagen in talks with pre-IPO investors for battery unit – sources
By Emma-Victoria Farr and Jan Schwartz FRANKFURT/HAMBURG (Reuters) – German carmaker Volkswagen is holding discussions with investors to join its battery division ahead of a possible partial initial public offering (IPO) of…
Exclusive-Evergrande eyes onshore assets as sweetener for offshore debt restructuring -sources
By Clare Jim HONG KONG (Reuters) – Property developer China Evergrande Group plans to use domestic assets as sweeteners to win offshore creditor approval for a long-awaited debt-restructuring proposal, two people with…
Biden expresses hope Pelosi stays in Congress with leadership position -sources
By Richard Cowan and Jeff Mason WASHINGTON (Reuters) – U.S. President Joe Biden has asked House of Representatives Speaker Nancy Pelosi, a fellow Democrat, to remain in Congress and to continue holding…
Exclusive-Carlyle seeks to line up bid for urgent care provider Heritage -sources
By David Carnevali NEW YORK (Reuters) – Carlyle Group Inc is in talks about putting together an acquisition offer for Heritage Provider Network Inc (HPN), a U.S. urgent care group that has…
Zambia debt negotiations likely to drag into next year – sources
By Andrea Shalal WASHINGTON (Reuters) -World Bank and IMF officials are pressing Zambia’s creditors to accelerate negotiations on reducing the country’s official debt burden, but sources familiar with the process said they…
China’s Tencent starts new round of layoffs -sources
By David Kirton and Josh Ye SHENZHEN, China/HONG KONG (Reuters) -Chinese tech giant Tencent Holdings has begun a new round of job cuts targeted at its video streaming, gaming and cloud businesses,…
JD.Com fintech unit aims to win Beijing approval for HK IPO as soon as year-end – sources
By Julie Zhu, Scott Murdoch and Kane Wu HONG KONG/SYDNEY (Reuters) – The fintech arm of Chinese e-commerce firm JD.Com aims to win Beijing regulators’ approval to list in Hong Kong as…
Ghana picks Lazard, GSA, Hogan Lovells as advisers for debt talks -sources
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Ghana picked financial advisers Lazard and Global Sovereign Advisory (GSA) as it prepares for a rework of its overseas and domestic debt,…
Ghana creditors close to formalizing a group for debt talks -sources
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Some holders of Ghana’s international bonds are close to formalizing a creditor group, two sources with direct knowledge of the matter told…
British officials likely to visit India next month for FTA talks – sources
By Shivangi Acharya NEW DELHI (Reuters) – British officials are likely to visit India in December with the aim of concluding talks on a free trade agreement (FTA) between the two countries…
Exclusive-Energy firms’ multi-trillion derivative bets under ECB scrutiny -sources
By John O’Donnell and Christoph Steitz FRANKFURT (Reuters) -The European Central Bank is examining the use of derivatives by energy companies to make huge bets on future power and fuel prices, to…
U.S. EPA considering expanding Midwest E15 gasoline sales -sources
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – The U.S. Environmental Protection Agency plans to seek public comment on whether to allow year-round sales of higher ethanol gasoline blends in…
Italy plans at least 15 billion euro package to tame energy costs in 2023 budget -sources
By Giuseppe Fonte ROME (Reuters) – Italy plans to set aside at least 15 billion euros ($14.6 billion) in its 2023 budget to soften the impact of sky-high energy costs on firms…
Exclusive-Shell’s flagship LNG trading made nearly $1 billion loss in Q3 -sources
By Ron Bousso, Marwa Rashad and Dmitry Zhdannikov LONDON (Reuters) – Shell’s liquefied natural gas (LNG) trading division recorded a loss of nearly $1 billion in the third quarter of the year,…
Exclusive-Italy pushes to weaken fossil fuel financing pledge – sources
By Kate Abnett and Giuseppe Fonte BRUSSELS (Reuters) – Italy is attempting to weaken a pledge 10 European governments intend to make on Thursday to stop export credit support for fossil fuel…
Telecom Italia CEO met Meloni’s chief of staff on Wednesday – sources
By Giuseppe Fonte and Elvira Pollina ROME (Reuters) – The head of Telecom Italia (TIM) met a top aide of new right-wing Italian Prime Minister Giorgia Meloni on Wednesday, two political sources…
Venezuela government, opposition to resume talks soon, sources say
By Marianna Parraga, Mayela Armas and Diego Oré CARACAS/MEXICO CITY (Reuters) – Venezuela’s government and the country’s opposition plan to resume dialogues in Mexico as soon as this month after a long…
Exclusive-Argentina set to permit wheat export delays amid drought – sources
By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s government is set to announce measures, potentially within days, to allow wheat exporters to delay agreed shipments after a major drought hammered the crop,…
Rocket maker Firefly Aerospace looks to raise up to $300 million -sources
By David Carnevali and Joey Roulette (Reuters) – FireFly Aerospace, the U.S. rocket builder that reached orbit in space this month, joining the likes of SpaceX and Rocket Lab, is seeking up…
Exclusive-KKR raises $6 billion for biggest Asia infrastructure fund -sources
By Anshuman Daga SINGAPORE (Reuters) – KKR & Co Inc has raised nearly $6 billion for its second Asia Pacific infrastructure fund at the first-close, marking the biggest ever private equity fundraising…
Billionaires Slim, Larrea face off for Citi’s Mexico business – sources
By Andres Gonzalez, David French and Saeed Azhar (Reuters) – Mexican corporate titans Carlos Slim and German Larrea are squaring off to acquire Citigroup Inc’s local retail arm after the latest round…
Berlin lags on defence purchases after 100 billion euro pledge – sources
By Sabine Siebold BERLIN (Reuters) – Germany is struggling to ramp up defence procurement or even just replace arms and munitions it has supplied to Kyiv, several sources told Reuters eight months…
ECB hawks play down change in rate language as doves claim small win -sources
By Francesco Canepa, Balazs Koranyi and Frank Siebelt FRANKFURT (Reuters) – Some European Central Bank policymakers played down a change in the ECB’s official message on interest rates, which saw the bank…
Canada’s fiscal update won’t make central bank’s job harder -sources
By Steve Scherer OTTAWA (Reuters) – Canada’s Liberal-led government will keep its powder dry when it unveils a fiscal update next month, and though it could contain additional targeted spending, it will…
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