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…
Thyssenkrupp hydrogen IPO plans face market headwinds – sources
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF – A steep drop in hydrogen shares is likely to hit the valuation of Thyssenkrupp’s hydrogen unit Nucera, according to investor and financial sources, which…
Canada’s Freeland strays from G20 economic script to warn Russia on Ukraine – sources
By David Lawder and Andrea Shalal WASHINGTON – Canadian Finance Minister Chrystia Freeland stepped well beyond economic policy at a G20 finance meeting on Friday to issue an “impassioned” warning to her…
Exxaro, China’s CNIC vie with AIIM for $2 billion African power firm Lekela – sources
(Refiling to add dropped words ‘utility-scale’ before wind farm, paragraph 5) By Isla Binnie and Emma Rumney JOHANNESBURG – South African miner Exxaro and Chinese state fund CNIC are among potential buyers…
CVC, Brookfield among bidders for stake in Starbucks Mideast franchise – sources
DUBAI – Buyout groups CVC Capital Partners and Brookfield and two Abu Dhabi state funds have bid to buy a stake in the Middle East, North Africa and central Asia Starbucks franchise…
Italy’s Saipem to rethink green drive after profit warning, sources say
By Stephen Jewkes MILAN – Italy’s Saipem is set to take a more cautious approach to new green business after delays to a wind farm project helped to tip the energy contractor…
Canada’s Trudeau to invoke emergencies act to deal with truckers’ protests -sources
OTTAWA – Canadian Prime Minister Justin Trudeau on Monday plans to invoke rarely used emergency measures to tackle ongoing protests that have shut border crossings, and also blocked the capital for more…
Exclusive-Russian mercenaries with spy links increasing presence in Ukraine – Western sources
By Guy Faulconbridge LONDON – Russian mercenaries with ties to Moscow’s spies have increased their presence in Ukraine in recent weeks, stoking fears among some NATO members that Russia could try to…
Exclusive-New Rio Tinto chairman to weigh CEO’s future amid toxic culture crisis – sources
By Clara Denina and Helen Reid LONDON/JOHANNESBURG – The incoming chairman of Rio Tinto will review the position of CEO Jakob Stausholm to determine whether he is suitable to lead an overhaul…
MetLife explores sale of variable annuity business – sources
By David French NEW YORK – MetLife Inc is exploring the divestment of its U.S. variable annuity book as it seeks to free up resources to invest in higher-growth parts of its…
Oracle’s Red Bull F1 title sponsorship deal worth $300 million – sources
STOCKHOLM – Software giant Oracle’s title sponsorship agreement with the Red Bull Formula One team is worth about $300 million over five years, according to sources familiar with the deal. The new…
Exclusive-Ford’s Lincoln brand to launch full slate of electric SUVs by 2026 -sources
By Paul Lienert DETROIT – Ford Motor Co is stepping up plans to extensively electrify its Lincoln brand in North America, as it prepares to introduce at least five new battery-powered Lincoln…
Exclusive-Spanish oil major Repsol looking to sell parts of its Canadian assets -sources
By Shariq Khan and Rod Nickel – Spanish oil major Repsol SA is considering putting some of its Canadian assets for sale later this year as it looks to reap the benefits…
Taiwan lifts forex trading punishment on Deutsche -sources
TAIPEI – Taiwan’s central bank has allowed Deutsche Bank to start trading Taiwan dollar deliverable and non-deliverable forwards again, three sources told Reuters, after it suspended them as part of a crackdown…
Monte dei Paschi set to name veteran banker Lovaglio as CEO, sources say
By Giuseppe Fonte ROME – Italy’s Monte dei Paschi di Siena (MPS) could name a new chief executive as early as Monday after the state-owned bank’s nomination committee proposed the former head…
Carlyle in talks to acquire credit investment firm CBAM -sources
By Chibuike Oguh – Buyout firm Carlyle Group Inc is in talks to acquire CBAM Partners in a bid to grow its credit investment platform and take on peers such as Apollo…
Exclusive-Advent gears up for $4.6 billion sale of French biometrics firm IDEMIA – sources
By Julien Ponthus and Pamela Barbaglia LONDON – Advent International is looking to sell its French biometrics and fingerprint identification firm IDEMIA in a deal worth up to $4.6 billion as it…
Exclusive-KKR explores sale or IPO of cybersecurity consultant Optiv -sources
By Krystal Hu and Chibuike Oguh – Buyout firm KKR & Co Inc is exploring a sale or an initial public offering for Optiv Security Inc, a U.S. cybersecurity solutions distributor and…
Oil refiners offer union workers 9% pay raise over three years -sources
HOUSTON – U.S. oil refiners have offered union oil and chemical workers a 9% pay raise over three years, according to people familiar with the matter, as talk on a new labor…
U.S. senators writing bill with ‘substantial’ Ukraine defense aid increases – sources
By Patricia Zengerle WASHINGTON – A bipartisan group of U.S. senators have been meeting to hammer out legislation that would dramatically increase the amount of U.S. military aid for Ukraine, as it…
Stellantis ready to repay 6.3 billion euro Italy state-backed loan in advance- sources
MILAN – Stellantis is preparing to early repay a 6.3 billion euros ($7 billion) loan backed by Italian government its predecessor Fiat Chrysler obtained at the peak of a COVID-19 outbreak, two…
Altice calls off Portugal sale over valuation row with buyout funds – sources
By Pamela Barbaglia and Sergio Goncalves LONDON – Altice Europe NV has ditched a plan to sell its Portuguese business after private equity bids failed to meet price expectations, leaving founder Patrick…
DBS to announce purchase of Citi’s Taiwan consumer business -sources
TAIPEI -Singapore’s DBS Group will announce on Friday it is to buy Citigroup’s consumer finance business in Taiwan, two sources familiar with the matter told Reuters on Thursday. DBS and Citi declined…
OPEC+ expected to stick to planned March output target increase, sources say
LONDON/DUBAI/MOSCOW – OPEC+ will probably stick with a planned increase in its oil output target for March when it meets on Wednesday next week, several sources from the producer group said, as…
SoftBank-backed Gopuff hires banks for IPO -sources
By Anirban Sen, Krystal Hu and Echo Wang -Gopuff, the SoftBank Group Corp -backed delivery startup that was valued at about $15 billion last year, has tapped banks to lead preparations for…
Exclusive-Vodafone and Iliad in talks to combine Italian units – sources
By Pamela Barbaglia and Elvira Pollina LONDON – Telecom firms Vodafone and Iliad are in talks to strike a deal in Italy that would combine their respective businesses in a bid to…
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