ECB reviews interest on government deposits to curb losses -sources
By Francesco Canepa FRANKFURT (Reuters) – European Central Bank policymakers are reviewing the interest the bank pays on government cash deposits, including a potential cut, …
By Francesco Canepa FRANKFURT (Reuters) – European Central Bank policymakers are reviewing the interest the bank pays on government cash deposits, including a potential cut, …
By Shivangi Acharya NEW DELHI (Reuters) – Apple, Dell, HP, Samsung and Lenovo are among 110 firms authorised by India to import laptops, tablets and …
By Xie Yu and Julie Zhu HONG KONG (Reuters) – China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap …
By Ron Bousso and David French LONDON/NEW YORK (Reuters) – BP is seeking to form joint ventures around its U.S. onshore natural gas fields to …
By Amy-Jo Crowley, Andres Gonzalez and Paul Sandle LONDON (Reuters) – Virgin Media O2 is in exclusive talks to sell a slice of its shareholding …
By Stanley Widianto and Fanny Potkin JAKARTA – TikTok and YouTube are considering joining Meta in applying for e-commerce licenses in Indonesia after Southeast Asia’s …
By Julia Payne BRUSSELS (Reuters) – A G7 statement announcing a ban on imports of Russian diamonds is expected by the end of this month, …
By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) – Investment bank and capital markets firm Jefferies has hired industrial banker Francis Tucci from Citigroup …
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is planning to hold fire for now on any major policy adjustments after a shock …
By Supantha Mukherjee and Foo Yun Chee STOCKHOLM/BRUSSELS (Reuters) – European lawmakers are yet to agree on several issues related to new artificial intelligence rules …
By Scott Murdoch and Anousha Sakoui SYDNEY/LONDON (Reuters) – A major group of Country Garden offshore bondholders has appointed PJT Partners as financial advisors to …
FRANKFURT (Reuters) – Deutsche Bahn plans to announce on Thursday the sale of its international transport business Arriva to Miami-based infrastructure investor I Squared Capital, …
By Victoria Waldersee BERLIN (Reuters) – Volkswagen is running behind schedule in defining key measures of a planned 10 billion euro ($10.5 billion) cost-cutting drive …
By Balazs Koranyi MARRAKECH (Reuters) – European Central Bank policymakers are planning a springtime push to cut interest payments made to commercial banks, in part …
By Emma-Victoria Farr, Andres Gonzalez and Markus Wacket FRANKFURT/LONDON (Reuters) – Miami-based infrastructure investor I Squared Capital aims to sign a deal to acquire Deutsche …
(Reuters) -Wang Yawei, a star fund manager in China, has been detained by authorities since August and is under investigation, according to three sources with …
By Pablo Mayo Cerqueiro, Emma-Victoria Farr and Amy-Jo Crowley LONDON/FRANKFURT (Reuters) -Brooks Macdonald is working with a defence adviser on its strategy amid takeover interest, …
By Jorgelina do Rosario LONDON (Reuters) – Sri Lanka’s private creditors have sent a proposal on how to restructure $12 billion of overseas debt, including …
By Jarrett Renshaw and Valerie Volcovici WASHINGTON (Reuters) -The Biden administration is expected to announce on Friday the winners of $7 billion in federal grants …
By Marianna Parraga, Diego Oré and Mayela Armas HOUSTON/MEXICO CITY/CARACAS (Reuters) – Venezuela’s government is set to approve a return to Mexico-based negotiations with the …
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – European Central Bank policymakers consider a spike in Italy’s bond yields to be justified by the …
CAIRO (Reuters) – Egypt has been in close contact with Israel and Hamas to try to prevent further escalation in fighting between them and ensure …
By Abigail Summerville NEW YORK (Reuters) – Kombucha beverage brewer JuneShine, which counts celebrities like comedian Whitney Cummings and YouTube star Cody Ko among its …
By Krystal Hu and Devika Madhusudhanan Nair (Reuters) -U.S. logistics startup Flexport plans to lay off up to 30% of its workforce by the end …
By David Carnevali NEW YORK (Reuters) – U.S. buyout firms Veritas Capital and Platinum Equity are vying to acquire Jacobs Solutions Inc’s government consulting business, …
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy risks collecting minimal proceeds from a windfall tax on banks after it gave lenders the …
By Kane Wu, Yantoultra Ngui and Scott Murdoch HONG KONG/SINGAPORE (Reuters) – Hong Kong-based Affinity Equity Partners has paused plans to launch a so-called continuation …
By Shariq Khan, David French and Ron Bousso (Reuters) – BP Plc is exploring the sale of a 49% stake in its U.S. oil and …
MILAN (Reuters) – Italian luxury sneaker brand Golden Goose has picked Lazard as financial adviser to explore a potential stock market listing in Milan, two …
By Scott Murdoch SYDNEY (Reuters) – China Evergrande Group sold its luxury superyacht for about $32 million earlier this year, said two sources, further shrinking …
By Aditi Shah NEW DELHI (Reuters) -Toyota Motor plans to build a third car plant in India, expanding production capacity in the country for the …
By Abigail Summerville (Reuters) – Private equity firm Wind Point Partners is exploring a sale of Gehl Foods LLC that could value the U.S. manufacturer …
By Yantoultra Ngui and Phuong Nguyen SINGAPORE/HANOI (Reuters) – Singapore’s sovereign wealth fund GIC is among investors vying to buy up to 20% stake in …
(Reuters) – Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the …
By Francesco Guarascio HANOI (Reuters) – Chinese solar panel maker Trina Solar is planning to build its third factory in Vietnam, three people familiar with …
By Christian Kraemer and Rene Wagner BERLIN (Reuters) – Five economic institutes are predicting gross domestic product in Germany to contract by 0.6% in 2023, …
HONG KONG (Reuters) – Authorities in China have ordered a senior Nomura Holdings banker overseeing the firm’s investment banking operations there not to leave the …
By Munsif Vengattil and Shivangi Acharya NEW DELHI (Reuters) – India will defer an import licence requirement for laptops and tablets, two government officials said, …
By Milana Vinn (Reuters) – Deutsche Bank AG has hired Ainslee Withey, a Barclays technology banker, as a managing director in its technology investment banking …
By Giuseppe Fonte ROME (Reuters) – Italy sees its 2023 budget deficit overshooting at around 5.5% of gross domestic product (GDP) from the current 4.5% …
By Luis Jaime Acosta BOGOTA (Reuters) – At least 40% of fighters from Colombia’s National Liberation Army (ELN) rebels could reject a potential peace deal …
By Aditi Shah and Neha Arora NEW DELHI (Reuters) – Indian steel-to-energy group JSW is in early stage talks with Korea’s LG Energy Solution (LGES) …
By Amy-Jo Crowley LONDON (Reuters) – British publisher National World is sounding out potential investors to help finance a bid for the Telegraph newspaper group, …
MOSCOW (Reuters) – Russia is considering imposing an additional tax tied to the rouble-dollar rate on exports of metals, fertilisers and some other commodities, sources …
BANGKOK (Reuters) -Thailand’s new government plans to borrow about 2.4 trillion baht ($66.4 billion) for the fiscal year 2024 starting on Oct. 1, up 9% …
By Clara Denina LONDON (Reuters) – Rio Tinto has been solely funding preparatory work at the blocks it holds at Simandou, one of the world’s …
By Amy-Jo Crowley LONDON (Reuters) – The owners of All3Media have formally kicked off a sale process for the British television production company, five people …
By Tim Hepher PARIS (Reuters) – Airbus is pushing ahead with plans to name a new internal head of its commercial aircraft business, effectively recreating …
By Nell Mackenzie LONDON (Reuters) – Former Elliott Investment Management investor Leo Markel will launch a London-based fund called Finch Bay Capital in the first …
By Abigail Summerville NEW YORK (Reuters) – National Carwash Solutions’ private equity owner is exploring a sale of the U.S. carwash equipment provider that could …