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…
Lagarde tells ECB policymakers to hold back criticism, leaks – sources
By Balazs Koranyi and Francesco Canepa WASHINGTON – European Central Bank President Christine Lagarde told policymakers to hold back on dissenting views on decisions for several days, a move critics say stymies…
ITA Airways to open data room for privatisation next week – sources
MILAN – State-owned ITA Airways will make its financial data available for suitors from next week, two sources familiar with the matter said on Thursday, as the Italian government tries to speed…
Exclusive-Boeing tells airlines 787 deliveries to restart second-half 2022 -sources
By Eric M. Johnson and Tim Hepher SEATTLE/PARIS – Boeing Co has advised key airlines and parts suppliers that 787 Dreamliner deliveries would resume in the second half of 2022, a crucial…
World Bank to push ahead with some Afghan projects, maintain pause on education support -sources
By Andrea Shalal and Jonathan Landay WASHINGTON – The World Bank has resumed work on three projects in Afghanistan focused on health, agriculture and livelihoods, but will maintain a hold on some…
IDB board votes to probe allegations against chief Claver-Carone – sources
By Andrea Shalal and Cassandra Garrison WASHINGTON -The board of governors of the Inter-American Development Bank has approved a resolution to hire an outside firm to investigate allegations that IDB President Mauricio…
Tesla looks to resume production at Shanghai plant on April 18 -sources
SHANGHAI – Tesla is preparing to resume production at its Shanghai plant on Monday following a three-week stoppage, having received the go-ahead from local authorities, two people familiar with the matter said.…
Exclusive-Warshaw-led consortium in $1.2 billion bid for Cumulus Media -sources
By Greg Roumeliotis and Dawn Chmielewski (Reuters) -A consortium led by U.S. radio station industry veteran Jeff Warshaw has offered to acquire Cumulus Media Inc for close to $1.2 billion, including debt,…
France’s Iliad eyes Telecom Italia’s consumer services unit – sources
By Elvira Pollina and Mathieu Rosemain MILAN -Iliad is considering buying into Telecom Italia’s (TIM) domestic consumer services operations as part of the French phone group’s push to strengthen its Italian business,…
Brooklyn subway shooting suspect in custody in Manhattan, WNBC reports citing sources
(Reuters) – A suspect wanted in the Brooklyn subway shooting was taken into custody in Manhattan on Wednesday, WNBC in New York reported citing sources. (Reporting by Brendan O’Brien; Editing by Chizu…
Exclusive: BlackRock plans first China ETF product this year -sources
By Selena Li HONG KONG – BlackRock Inc plans to launch its first product in China’s $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring staff accordingly,…
U.S. Special Envoy for Horn of Africa to step down soon – sources
By Humeyra Pamuk and Daphne Psaledakis WASHINGTON – U.S. Special Envoy for the Horn of Africa David Satterfield will step down from his role before summer, sources familiar with the matter said…
Benetton team working on premium of around 30% to buy out Atlantia – sources
By Francesca Landini and Stephen Jewkes MILAN – The Benetton family and U.S. investment fund Blackstone are working on a premium of around 30% over Atlantia’s average stock price in the last…
Italy to set up unit to scrutinise takeovers of strategic firms -sources
By Giuseppe Fonte ROME – Italy plans to beef up its scrutiny of corporate takeovers with a new dedicated division at the cabinet office to oversee merger deals involving strategic companies, two…
Hungary, Austria questioned EU blacklisting of Russia oligarchs – sources
By Francesco Guarascio BRUSSELS – Hungary and Austria questioned an EU decision to blacklist two Russian oligarchs but eventually accepted the move after pressure from other governments, European Union diplomats and officials…
Exclusive-Buyout firms GTCR, CD&R circle Merit Medical -sources
By Chibuike Oguh (Reuters) – GTCR LLC and Clayton, Dubilier & Rice (CD&R) are among private equity firms that have expressed interest in acquiring U.S. medical device manufacturer Merit Medical Systems Inc,…
Exclusive-AIG looks at cutting insurance for Russia, Ukraine -sources
By Noor Zainab Hussain and Carolyn Cohn LONDON – AIG, one of the world’s biggest commercial insurers, is considering cutting cover for Russia and Ukraine, to shield itself from the risk of…
Exclusive – Trafigura set to take zinc out of LME system, fuelling concern – sources
By Eric Onstad and Pratima Desai LONDON – Commodity trader Trafigura and other firms are moving to take large amounts of zinc out of London Metal Exchange approved warehouses in Asia, sources…
Japan buyers agree to Q2 aluminium premium of $172/T, sources say
By Yuka Obayashi TOKYO – The premium for aluminium shipments to Japanese buyers for April to June was set at $172 a tonne, down 2.8% from the previous quarter, as weak demand…
U.S. EPA soon to announce decision on small refinery biofuel waivers – sources
By Stephanie Kelly NEW YORK – The U.S. Environmental Protection Agency will announce a decision as early as Thursday on numerous pending applications from small fuel producers seeking to be excused from…
JPMorgan allows clients to cancel depositary receipts in Russian companies- sources
By Sinead Cruise and Carolina Mandl NEW YORK – JPMorgan & Chase on Tuesday started to allow holders of depositary receipts in Russian companies to cancel them, two sources familiar with the…
Airbus cancels third A350 as Qatar dispute tops $1 billion – sources
PARIS -Airbus has revoked the contract for a third A350 ordered by Qatar Airways after the Gulf carrier rejected delivery in an ongoing dispute over damage to the surface of the long-haul…
Conscripts sent to fight by pro-Russia Donbas get little training, old rifles, poor supplies – sources
LONDON – Military conscripts in the Russian-backed Donbas region have been sent into front-line combat against Ukrainian troops with no training, little food and water, and inadequate weapons, six people in the…
Bolsonaro holds off on fresh industrial tax cut pending court review -sources
BRASILIA – Brazilian President Jair Bolsonaro has decided against an additional cut in the IPI industrial tax because of questions about the legality of the measure, according to two sources from the…
Exclusive-Ship fuel suppliers stop serving Russian vessels in the Med – sources
By Jonathan Saul (Reuters) – Marine fuel sellers have stopped serving vessels flying the Russian flag at major European hubs including Spain and Malta in another blow to Moscow’s exports, five industry…
Zellmer to become new head of VW’s Skoda – sources
FRANKFURT – Skoda, part of Germany’s Volkswagen, appoint Klaus Zellmer as its new boss, two sources with knowledge of the matter told Reuters on Friday. Zellmer is to succeed Thomas Schaefer as…
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