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-Major traders, banks cut business ties with Russia-backed Indian refiner -sources
By Nidhi Verma NEW DELHI (Reuters) – Many global oil traders and banks have stopped dealing with Indian refiner Nayara Energy, a Rosneft affiliate, as they are worried about Western sanctions over…
Chinese airline owner Juneyao Group plans to enter booming EV market -sources
SHANGHAI (Reuters) – Juneyao Group, the parent of Chinese carrier Juneyao Airlines, plans to start making electric vehicles (EV), two people with knowledge of the matter said, as it seeks to diversify…
Exclusive-U.S. commits to Afghan asset talks despite frustration with Taliban – sources
By Jonathan Landay WASHINGTON (Reuters) – U.S. President Joe Biden’s administration will press ahead with talks on releasing billions of dollars in Afghanistan’s foreign-held assets despite the late al Qaeda leader’s presence…
Israeli strikes hit Iranian targets near Russia’s Mediterranean bases – sources
By Suleiman Al-Khalidi AMMAN -Israel hit Iranian targets in a series of strikes on Sunday near the ancestral home region of Syrian President Bashar al Assad, and close to Russia’s main Syrian…
Ford to use renewable energy sources to make vehicles in Michigan
(Reuters) – Ford Motor Co said on Wednesday every vehicle it manufactures in Michigan would be assembled using solar and other renewable energy sources by 2025, as the automaker aims to lower…
SpiceJet loans ‘high risk’ for some lenders, say sources
By Nupur Anand and Aditi Shah MUMBAI -Three Indian banks have internally categorised loans to SpiceJet Ltd as being at “high risk” though the airline has not defaulted, people with knowledge of…
Porsche and Piech families seek driving seat at Volkswagen – sources
By Jan Schwartz HAMBURG – Volkswagen’s controlling shareholder families aim to keep Europe’s top carmaker on a shorter leash and want greater say over strategic matters in what marks a power play…
Israel, Palestinians agree truce from Sunday evening – sources
GAZA/JERUSALEM – Israel and Palestinian militants have agreed to observe a truce in Gaza from Sunday evening as proposed by Cairo, sources said, after a weekend-long pounding of Palestinian targets by Israel…
Germany wants clearer EU debt rules to rein in spending – govt sources
BERLIN – Germany wants European Union rules on member states’ debt to be enforced more rigorously, government sources said on Friday, setting out reforms sought by Berlin. The rules must be more…
APA Corp buys West Texas oil producing land for $505 million
By Shariq Khan and David French (Reuters) -U.S. oil producer APA Corp said on Wednesday it bought West Texas properties for $505 million during the second quarter, bolstering its position in the…
U.S. has no DNA on Zawahiri, confirmed death by other sources – White House
WASHINGTON – The United States has no DNA confirmation of the death of al Qaeda leader Ayman al-Zawahiri in the heart of Kabul, a White House spokesman on Tuesday, but verified his…
Crisis-hit Pakistan’s army chief seeks U.S. help in quick release of IMF funds – sources
By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD – Pakistan’s powerful army chief appealed to Washington to use its leverage to secure the early release of International Monetary Fund money, Pakistani sources…
Turkey to forge on with selective loan policy despite backlash -sources
By Nevzat Devranoglu and Orhan Coskun ANKARA – Turkey will stick to policies that allow only net exporters to access cheap lira loans and may toughen rules further despite a backlash from…
OPEC+ to weigh holding oil output steady or small hike, sources say
By Alex Lawler and Ahmad Ghaddar LONDON – OPEC and its allies will consider keeping oil output unchanged for September when they meet next week, despite calls from the United States for…
Exclusive: Business payments firm Billtrust up for sale – sources
By David French NEW YORK – BTRS Holdings Inc, the owner of business payments vendor Billtrust, is exploring options that include a potential sale, according to people familiar with the matter. The…
Exclusive: EU antitrust regulators likely to block Illumina, Grail deal – sources
BRUSSELS – EU antitrust regulators are expected to veto U.S. life sciences firm Illumina’s acquisition of biotechnology company Grail, people familiar with the matter said on Wednesday. There are doubts whether concessions…
Exclusive-UBS plans to expand China footprint with new mutual fund unit – sources
By Selena Li and Samuel Shen HONG KONG/SHANGHAI – UBS Group AG plans to set up a wholly owned mutual fund business in China, two people with direct knowledge of the matter…
U.S. House delays consideration of stablecoin bill – sources
By Pete Schroeder WASHINGTON – A key regulatory panel will delay consideration of a broad stablecoin regulation bill for several weeks amid banking industry pushback and late tweaks to certain provisions, according…
WHO experts split on monkeypox emergency ahead of decision – sources
By Jennifer Rigby LONDON – Members of a World Health Organization (WHO) expert group are split over whether the monkeypox outbreak represents a global health emergency, but the agency’s director-general may still…
Guggenheim lures oil and gas bankers from Citigroup -sources
By David French (Reuters) – Guggenheim Securities has hired three investment bankers from Citigroup Inc’s oil and gas team, people familiar with the matter said, as competition for talent in the sector…
Exclusive: Shell places U.S. Gulf of Mexico assets up for sale – sources
By David French and Ron Bousso NEW YORK/LONDON – Shell is exploring a sale of its stakes in two U.S. Gulf of Mexico oil and gas developments which could raise as much…
Exclusive-EU likely to bolster Apple probe with new evidence, no new charges – sources
By Foo Yun Chee BRUSSELS – EU antitrust regulators are set to beef up an investigation into Apple, triggered by Spotify, with new evidence but not new charges, in the hope of…
Qatar Airways could revive order for 25 737 MAX airplanes -sources
By Tim Hepher and David Shepardson FARNBOROUGH, England -Qatar Airways could revive an order for 25 Boeing 737 MAX airplanes at the Farnborough Airshow, sources told Reuters. On Monday, Qatar CEO Akbar…
Toshiba selects Bain, CVC, Brookfield, Japan funds for second round – sources
By Makiko Yamazaki and Takaya Yamaguchi TOKYO – Japan’s Toshiba Corp has selected four bidders including private equity firms Bain Capital, CVC Capital Partners and Brookfield Asset Management to proceed to a…
Bank of America loses top Asia banker Alex To – sources
HONG KONG – Alex To, one of Bank of America’s top rainmakers in Asia, has recently left the bank, three people with knowledge of the matter told Reuters. To, based in Hong…
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