Armed drone shot down over air base housing U.S. forces in northern Iraq – sources
BAGHDAD (Reuters) – An armed drone was shot down on Tuesday over Erbil airport in northern Iraq, where U.S. and other international forces are stationed, …
Sources
G7 leaders to discuss legal theory on seizing Russian assets – sources
By Andrea Shalal CHRISTIANSTED, St. Croix (Reuters) -G7 leaders will discuss a new legal theory that would enable the seizure of $300 billion in frozen …
EU Commission examines Italy’s tax case against Meta – sources
By Emilio Parodi MILAN (Reuters) – An Italian tax claim against Facebook parent Meta has been escalated to the EU Commission’s VAT committee for evaluation, …
Exclusive-Tropical Smoothie Cafe to explore $2 billion sale -sources
By Abigail Summerville (Reuters) – The private equity owner of Tropical Smoothie Cafe is preparing to put the U.S. restaurant chain up for sale for …
Exclusive-German, French ministers meet to seek deal on EU fiscal rules – German sources
By Christian Kraemer BERLIN (Reuters) – German Finance Minister Christian Lindner and his French counterpart Minister Bruno Le Maire will meet in Paris on Tuesday …
China Sinochem buys rare Venezuelan oil cargo after U.S. suspends sanctions – sources
By Chen Aizhu and Florence Tan SINGAPORE (Reuters) – China’s Sinochem Corp has bought a million barrels of Venezuelan crude oil for arrival in December, …
US delays sale of assault rifles to Israel over settler violence -sources
By Humeyra Pamuk WASHINGTON (Reuters) – The Biden administration is delaying the sale of more than 20,000 U.S.-made rifles to Israel over concerns about attacks …
Activist Engaged Capital takes stake in debt collector PRA -sources
By David French NEW YORK (Reuters) – Engaged Capital has built a more than 5% stake in PRA Group and is pushing the debt collection …
Royal Golden Eagle, Asia Pulp & Paper in final race for Essity’s Vinda stake -sources
By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) -Two Southeast Asian paper makers, Royal Golden Eagle (RGE) and Asia Pulp & Paper (APP), have …
Chinese forces approached close to Taiwan coast to ‘intimidate’ voters before key elections – sources
By Yimou Lee TAIPEI (Reuters) – Taiwan’s military drove away four attempts by Chinese forces to approach the island’s sensitive contiguous zone last month, Taiwan …
US Treasury, White House top brass signal Argentina support with early visits – sources
By Jorgelina do Rosario and Andrea Shalal BUENOS AIRES/WASHINGTON (Reuters) – Senior U.S. officials from the National Security Council and the Treasury will visit Argentina …
Argentina new central bank chief to meet banks on Wednesday – sources
By Jorgelina do Rosario BUENOS AIRES (Reuters) – Argentina’s new central bank president Santiago Bausili has invited bank representatives in the country for a meeting …
EU countries, lawmakers close to deal on AI rules, sources say
BRUSSELS (Reuters) – EU countries and lawmakers are close to clinching a provisional deal on rules governing the use of artificial intelligence and an announcement …
BAWAG is lead bidder for Barclaycard Germany -sources
By Pablo Mayo Cerqueiro, Emma-Victoria Farr and Amy-Jo Crowley LONDON/FRANKFURT (Reuters) – Austria’s BAWAG Group is the leading bidder for Barclays’ German consumer finance business, …
Boeing closing in on Thai deal for 80 Dreamliners – sources
(Reuters) -Boeing is in advanced talks to sell around 80 wide-body 787 Dreamliner jets to Thai Airways after pulling ahead of Airbus in widely watched …
EU countries order only 60,000 shells for Ukraine via new scheme – sources
By Andrew Gray BRUSSELS (Reuters) – European Union countries have placed orders for only 60,000 artillery shells under an EU scheme to help get 1 …
Exclusive-EU regulators likely to clear Novozymes, Chr. Hansen deal, sources say
BRUSSELS (Reuters) – EU antitrust regulators are likely to clear the tie-up of Danish food ingredients and enzymes makers Novozymes and Chr. Hansen based on …
Exclusive-Hedge fund Palliser urges changes at Samsung C&T -sources
By Svea Herbst-Bayliss (Reuters) -Activist investor Palliser Capital is urging Samsung C&T (SCT) to spend its cash better, improve governance and communications and simplify its …
Exclusive-Polish trucker blockade holds up Ukraine’s volunteer military aid- sources
By Max Hunder KYIV (Reuters) – Charities and NGOs supplying military aid to Ukraine’s armed forces are facing delays of several weeks to critical supplies …
Germany sees 50% chance of agreement on EU fiscal rules on Friday – govt sources
BERLIN (Reuters) – There is a real chance of reaching an agreement on the reform of European Union fiscal rules on Friday, German finance ministry …
Boeing delivered 46 narrowbody 737s in November – sources
WASHINGTON (Reuters) – Boeing delivered 46 narrowbody 737s in November, sources told Reuters on Tuesday. Last month’s total brings Boeing’s single-aisle deliveries up to 351 …
Citi, BofA left with some Barclays stock after Qatari stake sale –sources
By Pablo Mayo Cerqueiro and Anousha Sakoui LONDON (Reuters) – Citigroup and Bank of America were left holding some shares in Barclays after they could …
India central bank reins in peer-to-peer lending practices – sources
By Jaspreet Kalra MUMBAI (Reuters) – India’s central bank has told peer-to-peer lending platforms to halt certain activities after inspections found rule violations and misleading …
EU-Mercosur deal’s future up to new Argentina government -sources
By Anthony Boadle BRASILIA (Reuters) – The European Union and Mercosur will not be able to close their free trade negotiations next week because Argentina’s …
Exclusive-Israel informs Arab states it wants buffer zone in post-war Gaza – sources
By Samia Nakhoul, Ahmed Mohamed Hassan and Jonathan Saul DUBAI/CAIRO/LONDON (Reuters) -Israel has informed several Arab states that it wants to carve out a buffer …
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 …
EU Commission lawyers initially opposed warning Amazon on iRobot deal – sources
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 …
Spain and Brazil leaders to discuss EU-Mercosur deal at COP – sources
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 …
Baloise explores sale of $1.1 billion Belgian insurance portfolio – sources
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 …
Exclusive-Alter Domus owners pursue stake sale in fund administrator –sources
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 …
Italy’s Eni wins in arbitration case against Uniper -sources
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 …
G7, Vietnam making final tweaks to climate plan ahead of COP28 – sources
By Francesco Guarascio HANOI (Reuters) – Vietnam is finalising reform commitments with G7 governments and multilateral lenders that could unlock billions of dollars in loans …
Argentina’s economy chief frontrunner pitches Milei’s ‘shock’ therapy to banks – sources
By Jorgelina do Rosario and Jorge Otaola BUENOS AIRES (Reuters) – Argentine former central banker Luis Caputo, frontrunner to be the new economy minister, met …
German industrial projects in steel, chips, batteries at risk from court ruling -sources
BERLIN (Reuters) – German industrial projects in jeopardy after a court ruling wiped 60 billion euros from the federal budget include chip factories, decarbonised steel …
Abris mulls sale of Polish healthcare company Scanmed -sources
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 …
OPEC+ to consider whether more oil cuts needed – sources
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 …
China asks some lenders to cap interbank financing costs – sources
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 …
Marathon restarts Galveston Bay, Texas reformer – sources
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 …
Brazil’s Lula has favored candidate for attorney general, sources say
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 …
Exclusive-Qatar seeking Israel-Hamas deal to free 50 hostages and 3-day truce -sources
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 …
TotalEnergies Texas FCC work to continue to late Nov -sources
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 …
Exclusive-Goldman Sachs discusses bigger bonuses for top traders, dealmakers -sources
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Goldman Sachs bosses are considering fatter bonuses to retain star traders and dealmakers this year …
Exclusive-China orders local governments to cut exposure to public-private projects as debt risks rise, sources say
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 …
Renault to launch new Slovenia-made electric city car – sources
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 …
Exclusive-UAE plans to maintain ties with Israel despite Gaza outcry, sources say
By Alexander Cornwell ABU DHABI (Reuters) – The United Arab Emirates plans to maintain diplomatic ties with Israel despite international outcry over the mounting toll …
Exclusive-Google in talks to invest in AI startup Character.AI -sources
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 …
Exclusive-ICBC hack led to unit temporarily owing BNY $9 billion – sources
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 …
Exclusive-China’s sovereign fund appoints new North America chief -sources
By Echo Wang NEW YORK (Reuters) – China Investment Corp (CIC) has hired a new North America head for its New York office, two people …
Exclusive-Country Garden aims to have offshore debt restructuring plan by year end, sources say
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 …
China regulators probe liquidity stress that sent rates to record 50% – sources
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 …