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-Alter Domus owners pursue stake sale in fund administrator –sources
By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – The owners of fund administrator Alter Domus are pursuing the sale of a stake in the Luxembourg-based group that could value it…
Italy’s Eni wins in arbitration case against Uniper -sources
LONDON/MILAN/FRANKFURT (Reuters) – Eni has won a $600-million award after an arbitration court decided in the Italian firm’s favour and against Germany’s Uniper in a row over a liquefied natural gas (LNG)…
G7, Vietnam making final tweaks to climate plan ahead of COP28 – sources
By Francesco Guarascio HANOI (Reuters) – Vietnam is finalising reform commitments with G7 governments and multilateral lenders that could unlock billions of dollars in loans to reduce coal use in the Southeast…
Argentina’s economy chief frontrunner pitches Milei’s ‘shock’ therapy to banks – sources
By Jorgelina do Rosario and Jorge Otaola BUENOS AIRES (Reuters) – Argentine former central banker Luis Caputo, frontrunner to be the new economy minister, met local and international bank officials on Friday…
German industrial projects in steel, chips, batteries at risk from court ruling -sources
BERLIN (Reuters) – German industrial projects in jeopardy after a court ruling wiped 60 billion euros from the federal budget include chip factories, decarbonised steel production, and expanding the battery supply chain,…
Abris mulls sale of Polish healthcare company Scanmed -sources
By Anna Koper WARSAW (Reuters) -Abris Capital Partners investment fund is mulling a sale of private healthcare provider Scanmed Group, with Polish cardiovascular care company American Heart of Poland being the most…
OPEC+ to consider whether more oil cuts needed – sources
By Olesya Astakhova and Alex Lawler MOSCOW/LONDON (Reuters) – OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this month, three OPEC+ sources told…
China asks some lenders to cap interbank financing costs – sources
SHANGHAI/BEIJING (Reuters) – China’s central bank asked some lenders to cap interest rates on an interbank debt instrument this month, people with knowledge of the matter said on Friday, referring to the…
Marathon restarts Galveston Bay, Texas reformer – sources
HOUSTON (Reuters) – Marathon Petroleum restarted a rebuilt reformer at its 593,000-barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, on Thursday, people familiar with plant operations said. Marathon plans to resume…
Brazil’s Lula has favored candidate for attorney general, sources say
By Ricardo Brito and Lisandra Paraguassu BRASILIA (Reuters) – Paulo Gonet, Brazil’s electoral attorney general, has emerged as President Luiz Inacio Lula da Silva’s leading candidate to be the country’s next attorney…
Exclusive-Qatar seeking Israel-Hamas deal to free 50 hostages and 3-day truce -sources
By Andrew Mills and Ahmed Mohamed Hassan DOHA/CAIRO (Reuters) – Qatari mediators on Wednesday sought to negotiate a deal between Hamas and Israel that included the release of around 50 civilian hostages…
TotalEnergies Texas FCC work to continue to late Nov -sources
HOUSTON (Reuters) – A planned overhaul of the gasoline-producing fluidic catalytic cracker (FCC) at TotalEnergies’ 238,000 barrel-per-day (bpd) Port Arthur, Texas refinery is expected to continue into late November, said people familiar…
Exclusive-Goldman Sachs discusses bigger bonuses for top traders, dealmakers -sources
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Goldman Sachs bosses are considering fatter bonuses to retain star traders and dealmakers this year as the bank looks to win over…
Exclusive-China orders local governments to cut exposure to public-private projects as debt risks rise, sources say
BEIJING (Reuters) – China has ordered its local governments to halt public-private partnership projects identified as “problematic” and replaced a 10% budget spending allowance for these ventures with a vetting mechanism by…
Renault to launch new Slovenia-made electric city car – sources
By Gilles Guillaume PARIS (Reuters) – Renault will reveal the launch of an additional “affordable” city electric car during this week’s capital markets day for its new EV unit Ampere, three sources…
Exclusive-UAE plans to maintain ties with Israel despite Gaza outcry, sources say
By Alexander Cornwell ABU DHABI (Reuters) – The United Arab Emirates plans to maintain diplomatic ties with Israel despite international outcry over the mounting toll of the war in Gaza and hopes…
Exclusive-Google in talks to invest in AI startup Character.AI -sources
By Krystal Hu (Reuters) – Alphabet’s Google is in talks to invest hundreds of millions of dollars in Character.AI, as the fast growing artificial intelligence chatbot startup seeks capital to train models…
Exclusive-ICBC hack led to unit temporarily owing BNY $9 billion – sources
NEW YORK (Reuters) -Industrial and Commercial Bank of China’s hack left its U.S. unit temporarily owing Bank of New York Mellon $9 billion as a result of unsettled trades, prompting the parent…
Exclusive-China’s sovereign fund appoints new North America chief -sources
By Echo Wang NEW YORK (Reuters) – China Investment Corp (CIC) has hired a new North America head for its New York office, two people familiar with the matter said, filling a…
Exclusive-Country Garden aims to have offshore debt restructuring plan by year end, sources say
By Xie Yu HONG KONG (Reuters) – China’s embattled Country Garden is aiming to pull together a tentative plan to restructure its offshore debt by the end of this year, two sources…
China regulators probe liquidity stress that sent rates to record 50% – sources
SHANGHAI (Reuters) -China’s financial regulators are investigating a month-end liquidity crunch that saw short-term money rates surge to as much as 50%, asking some institutions to explain why they borrowed at extremely…
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, to try and rein in mounting losses…
India authorises Apple, Dell, Lenovo and others to import laptops, tablets -sources
By Shivangi Acharya NEW DELHI (Reuters) – Apple, Dell, HP, Samsung and Lenovo are among 110 firms authorised by India to import laptops, tablets and personal computers under a new system aimed…
Exclusive: Evergrande proposes offshore creditors get 30% equity stake in subsidiaries -sources
By Xie Yu and Julie Zhu HONG KONG (Reuters) – China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts into about a 30% equity…
Exclusive-BP explores forming joint ventures to boost US shale -sources
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 expand production and cut costs as rival…
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