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-India govt ‘in no hurry’ on medium-term inflation target – sources
By Aftab Ahmed NEW DELHI (Reuters) – India’s government is in no hurry to push inflation – now hovering near 7% and eight-year highs – back to the central bank’s 4% medium-term…
Exclusive-Saudi Arabia buys pair of SpaceX astronaut seats from Axiom -sources
By Joey Roulette PARIS (Reuters) – Saudi Arabia is planning to launch two astronauts to the International Space Station aboard a space capsule from Elon Musk’s SpaceX, becoming the latest Gulf nation…
ECB’s Panetta seen defying calls to be Italian finance minister – sources
By Giuseppe Fonte and Giselda Vagnoni ROME (Reuters) – ECB board member Fabio Panetta is resisting calls from Giorgia Meloni, the front-runner to be Italy’s next prime minister, to take the job…
Warburg eyes 30% stake in Indian shadow bank Vistaar for $150 million – sources
By M. Sriram MUMBAI (Reuters) – New York-based private equity firm Warburg Pincus LLC is in talks to invest around $150 million in Indian small-business lender Vistaar Finance, two sources familiar with…
U.S. railways to halt grain shipments ahead of potential shutdown -agriculture sources
By P.J. Huffstutter and Tom Polansek CHICAGO (Reuters) – Some U.S. railroads will start halting crop shipments on Thursday, a day ahead of a potential work stoppage, an agricultural association and sources…
Western powers seek unity against Iran at IAEA but no resolution -sources
By John Irish and Francois Murphy PARIS/VIENNA (Reuters) – Western powers are lobbying other states on the U.N. nuclear watchdog’s board to jointly pressure Iran to give the agency the answers it…
Bank of America moves some of its Russia-based bankers to Dubai – sources
By Hadeel Al Sayegh DUBAI (Reuters) – Bank of America (BofA) is moving some of its Russia-based bankers to Dubai, two sources told Reuters, following a move by several Western banks this…
Ukraine’s Zelenskiy to speak with IMF chief on Tuesday -sources
WASHINGTON (Reuters) – Ukrainian President Volodymyr Zelenskiy will speak with International Monetary Fund Managing Director Kristalina Georgieva on Tuesday, two sources familiar with the plan told Reuters, as Ukraine continues to press…
EU cautious on Hungary’s ‘charm offensive’ as billions of funds hang in balance -sources
By Gabriela Baczynska BRUSSELS (Reuters) – The European Commission wants to see more action from Hungary on stepping up anti-corruption safeguards before Brussels agrees to unlock EU funds, EU sources said. One…
Exclusive-Flurry of new rules leave Turkish banks struggling to lend -sources
By Ebru Tuncay, Nevzat Devranoglu and Ceyda Caglayan ISTANBUL (Reuters) – Some Turkish banks are curtailing corporate lending after the government’s latest raft of regulations raised their costs and forced many to…
Banks see strong demand for Citrix debt after discount -sources
By Matt Tracy and Abigail Summerville (Reuters) – Banks seeking to sell some of the debt backing the $16.5 billion leveraged buyout of business software company Citrix Systems Inc to investors have…
Italy in talks with EU over renewal of GACS bad loan scheme – sources
MILAN (Reuters) – Italy is holding talks with the European Commission over the renewal of a scheme that allows the state to provide guarantees in order to help banks offload bad loans,…
Exclusive-China EV maker Leapmotor puts off $1.5 billion Hong Kong IPO -sources
By Scott Murdoch and Julie Zhu HONG KONG (Reuters) -Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong…
Exclusive-Greece plans to repay euro zone bailout loans early for first time – sources
By Lefteris Papadimas ATHENS (Reuters) – Greece will repay ahead of schedule 2.7 billion euros of loans owed to euro zone countries under the first bailout it received during its decade-long debt…
Exclusive-Nornickel dividend deal to lapse as Potanin, Deripaska avoid new row -sources
By Polina Devitt MOSCOW (Reuters) – A deal to cap dividends at Nornickel, the world’s top palladium and refined nickel producer, will lapse at the end of this year as its co-owners…
EXCLUSIVE – Qatar tells local banks to stop currency swap deals abroad – sources
By Hadeel Al Sayegh and Andrew Mills DUBAI/DOHA (Reuters) – Qatar’s central bank has told banks in the Gulf state not to exchange its currency with entities outside the country without prior…
Exclusive-Illumina in talks with EU regulators to divest Grail – sources
By Foo Yun Chee BRUSSELS (Reuters) -U.S. life sciences company Illumina is in talks with European Union antitrust regulators to divest Grail ahead of an expected EU veto next week of its…
Exclusive-Russia’s Gazprom set to resume Nord Stream 1 gas flows as planned, sources say
MOSCOW (Reuters) – Russian energy giant Gazprom is poised to restart gas supplies via the Nord Stream 1 pipeline to Germany on schedule on Saturday after a three-day halt for maintenance, two…
Exclusive-Shell’s CEO van Beurden prepares to step down next year -sources
By Ron Bousso LONDON (Reuters) – Shell has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the…
Indian central bank unlikely to accept shadow bank’ requests for bad-loan exemptions – sources
By Nupur Anand MUMBAI (Reuters) – India’s central bank is unlikely to give “shadow banks” exemptions from stricter bad-loan rules coming into force, sources told Reuters, essentially ending an advantage the non-bank…
Exclusive-JD.com, Yum China among Chinese firms chosen for U.S. audit inspection -sources
By Julie Zhu HONG KONG (Reuters) – U.S. regulators have chosen e-commerce major JD.com Inc and KFC operator Yum China Holdings Inc among other U.S.-listed Chinese companies for audit inspection starting next…
Brazil 2023 budget bill to lower welfare program but will indicate gov’t intention to increase it -sources
By Bernardo Caram BRASILIA (Reuters) – Brazil’s 2023 budget bill to be sent to Congress on Wednesday should lower the Auxílio Brasil welfare program to 400 reais per family, but a presidential…
United Airlines, Emirates set to announce codeshare agreement — sources
By David Shepardson and Alexander Cornwell WASHINGTON/DUBAI (Reuters) -United Airlines and Dubai’s Emirates are set to announce a codeshare agreement in the coming weeks, sources told Reuters. United on Tuesday sent an…
Motiva Port Arthur, Texas, refinery restarts hydrocracker after repair -sources
HOUSTON (Reuters) – Motiva Enterprises restarted the large hydrocracker at its 626,000-barrel-per-day (bpd) Port Arthur, Texas, refinery over the weekend after completing repairs to the large hydrocracker, sources familiar with plant operations…
U.S. hits Iran-backed group in third day of violence in eastern Syria – sources
AMMAN (Reuters) -The U.S. military on Thursday hit several targets in the Syrian city of Mayadin in parts of Deir al Zor province under government control, in the third day of skirmishes…
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