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…
Toyota lowers 2022 output target to 9.5 million units, it tells suppliers -sources
By Maki Shiraki TOKYO (Reuters) – Toyota Motor Corp has told several of its suppliers it has lowered its global production target for the year to 9.5 million units, two people familiar…
Italian tax authorities investigate Pfizer profits -sources
MILAN (Reuters) – Italy’s tax authorities are investigating profits reported by Pfizer Inc’s local unit Pfizer Italia srl, two sources with knowledge of the matter told Reuters on Thursday. “Italian tax authorities…
Toshiba’s preferred bidder struggling to secure equity commitments -sources
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, is having difficulty securing sufficient equity commitments from potential consortium partners…
First plane repatriating Venezuelan migrants in Mexico departs for Caracas, sources say
MEXICO CITY (Reuters) – A first flight carrying Venezuelan migrants voluntarily returning to their homeland from Mexico departed on Tuesday, according to two Mexican officials. Mexico is dealing with a major increase…
Toyota considers sharp boost in output of first EV, but not before 2025, sources say
By Maki Shiraki TOKYO (Reuters) -Toyota is considering a sharp increase in production of its first mass-market battery-electric vehicle from 2025, according to three people with knowledge of the developing plans, ramping…
Chinese state banks sold dollars to support yuan late on Tuesday – sources
SHANGHAI/BEIJING (Reuters) – Major Chinese state-owned banks sold U.S. dollars in both onshore and offshore markets in late trade on Tuesday to prop up the weakening yuan, two sources with direct knowledge…
Exclusive-Rocket maker Aerojet solicits acquisition offers -sources
By David Carnevali NEW YORK (Reuters) -Aerojet Rocketdyne Holdings Inc, the U.S. rocket maker whose $4.4 billion sale to Lockheed Martin Corp was blocked by antitrust regulators in February, is soliciting offers…
China seeking to curb liquidity risks in $1.4 trln money market fund – sources
SHANGHAI (Reuters) – Chinese regulators have urged money market fund managers to improve investor structure and ensure adequate holdings of liquid assets, three sources told Reuters, as authorities seeks to head off…
Exclusive-China FX regulator surveys banks about positioning as yuan plunges – sources
SHANGHAI/BEIJING (Reuters) -China’s foreign exchange regulator sent a survey to some banks late on Monday asking them about their positioning in the currency market, three sources with direct knowledge of the matter…
China’s Giant Biogene slashes Hong Kong IPO size, valuation -sources
By Scott Murdoch (Reuters) -China’s Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet showed, sharply…
Exclusive-Philip Morris to get EU nod for Swedish Match with asset sale -sources
By Foo Yun Chee BRUSSELS (Reuters) -Marlboro maker Philip Morris is set to gain EU antitrust approval for its $16 billion bid for Swedish Match after offering to sell the target’s logistics…
Atlantia’s big investors tender shares in Benetton, Blackstone bid – sources
MILAN (Reuters) – Atlantia’s long-term investors, Singapore sovereign fund GIC and Italian banking foundation CRT, have tendered their shares in the takeover offer launched by the Benettons and U.S. investment fund Blackstone,…
Exclusive-Credit Suisse U.S. asset manager draws interest from Janus, Blue Owl, others -sources
By Pamela Barbaglia, David French and Anirban Sen (Reuters) – Money managers such as Janus Henderson Group and investment firms including Blue Owl Capital Inc are weighing potential offers for Credit Suisse…
Russian IT firm Softline mulls Moscow IPO after split from global partner -sources
By Alexander Marrow and Olga Popova MOSCOW (Reuters) – Russian IT company Softline, newly spun off from its global partner, is now considering an initial public offering (IPO) on Moscow Exchange, two…
Instacart pulls IPO on volatile market conditions – sources
By Anirban Sen and Krystal Hu (Reuters) – Grocery delivery app Instacart is likely to postpone its plans to go public in 2022 amid market uncertainty that has left investors worried about…
Repatriation of Venezuelan migrants from Mexico by air to begin soon -sources
By Lizbeth Diaz and Dave Graham MEXICO CITY (Reuters) – Voluntary returns of Venezuelan migrants in Mexico by plane back to their homeland are likely to begin in the next few days,…
Exclusive-Deadly Iran jail fire erupted as police clashed with inmates, sources say
(Reuters) – Two days before a fire ripped through a section of Iran’s Evin prison and killed at least eight people, a riot police unit arrived at the compound and began to…
Ethiopian army captures city from Tigray forces -sources
NAIROBI (Reuters) – Ethiopian government forces and their allies on Monday captured Shire, one of the biggest cities in the northern region of Tigray, from regional forces they have been battling on…
Investor Irenic Capital wants News Corp to split media, real estate units – sources
(Reuters) – Activist investor Irenic Capital Management, which has a $150 million stake in News Corp, wants the company to split its media and online real estate units, sources familiar with the…
Exclusive-EU ministers to discuss Iran drones to Russia, future sanctions – sources
By John Irish PARIS (Reuters) -European foreign ministers will on Monday discuss the transfer of Iranian drones to Russia and could come to a political agreement on future sanctions related to such…
BoE’s repo facility to ease pension pain is no silver bullet, sources say
By Sinead Cruise and Tommy Wilkes LONDON (Reuters) – A Bank of England fix to ease pension schemes’ cash crunch by getting banks to assume the role of rescue lender is being…
Codelco offers 2023 European copper premiums at record high -sources
LONDON (Reuters) -Chile’s Codelco, the world’s biggest copper miner, is offering to sell copper to European buyers at a record high premium around $235 a tonne for 2023, a rise of 85%…
Exclusive-ECB staff sees lower rate peak than market, sources say
By Balazs Koranyi and Francesco Canepa WASHINGTON/FRANKFURT (Reuters) – European Central Bank staff see the need for fewer rate hikes than markets now estimate to tame inflation, according to a new internal…
Mobile operator Veon may spin off Russian Beeline -Izvestia cites sources
MOSCOW (Reuters) – Dutch mobile operator Veon may separate its assets in Russia from the wider company, Russia’s Izvestia daily quoted three unidentified sources as saying on Thursday – a report that…
ECB closing in on rule change to shave banking profits, sources say
By Balazs Koranyi WASHINGTON (Reuters) – European Central Bank policymakers are closing in on a deal to change rules governing trillions of euros worth of loans to banks in a move that…
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