Houthi envoys heading to Riyadh for ceasefire talks with Saudis – sources
By Aziz El Yaakoubi and Mohammed Alghobari RIYADH (Reuters) -Houthi and Omani envoys are planning to head to Saudi Arabia on Thursday night to try …
Sources
Sri Lanka bondholders talks focus on state enterprise debt, domestic banks – sources
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Talks between Sri Lanka and its international bondholders will seek common ground on how much …
Exclusive-China asks big banks to stagger and adjust dollar purchases – sources
SHANGHAI (Reuters) -China’s central bank has asked some of the country’s biggest lenders to refrain from immediately squaring their foreign exchange positions in the market, …
Brazil requests US help for probes involving Bolsonaro, sources say
By Ricardo Brito and Lisandra Paraguassu BRASILIA (Reuters) – Brazil has formally requested U.S. law enforcement assistance into probes that involve former President Jair Bolsonaro …
Country Garden bondholders in talks with law firm Ashurst about legal options -sources
By Xie Yu and Carolina Mandl HONG KONG/NEW YORK (Reuters) – Some holders of Country Garden offshore bonds are in talks with law firm Ashurst …
TSMC prizes Japan’s chips skills after US stumbles -sources
By Sam Nussey, Fanny Potkin and Sarah Wu TOKYO/SINGAPORE/TAIPEI (Reuters) – Taiwan’s TSMC, which is making an unprecedented push into chip manufacturing overseas, is taking …
US Commerce head to meet with CEOs after China trip -sources
By David Shepardson WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo expected to meet with the chief executives of major American companies this week, two …
Exclusive-Ex-hedge fund CEO McCormick to run for Senate in Pennsylvania – sources
By Jarrett Renshaw PHILADELPHIA (Reuters) – Former hedge fund CEO Dave McCormick is planning to jump into the U.S. Senate race against three-time Democratic incumbent …
Brazil police investigating Bolsonaro ally Braga Netto -sources
By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Walter Braga Netto, a close ally of former Brazilian President Jair Bolsonaro, is under federal investigation …
Exclusive-China’s central bank to scrutinise bulk dollar purchases – sources
BEIJING/SHANGHAI (Reuters) -China’s central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said …
Barclays drawing up plans for hundreds of job cuts -sources
By Iain Withers LONDON (Reuters) -Barclays is drawing up plans to cut hundreds of jobs, two sources familiar with the matter told Reuters, as the …
SoftBank’s Arm IPO six times oversubscribed -sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) – Arm Holdings Plc, the chip designer owned by SoftBank Group Corp that is seeking roughly …
Global sovereign debt roundtable to meet on local debt restructuring -sources
(Refile for grammar fix in first paragraph) By Jorgelina do Rosario LONDON (Reuters) -Global creditors will discuss the inclusion of domestic debt in restructuring plans …
Exclusive-Stroeer considers options for 2024 sale of data business Statista -sources
By Emma-Victoria Farr and Amy-Jo Crowley FRANKFURT/LONDON (Reuters) -German advertising group Stroeer is considering possible options for the sale of Statista in 2024, in a …
Carlyle weighs options for ‘RuneScape’ creator Jagex – sources
By Amy-Jo Crowley LONDON (Reuters) – Carlyle is weighing options for its UK video games maker Jagex, a business which could be valued as high …
Temasek leads $140 million Ola Electric funding at $5.4 billion valuation – sources
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Singapore’s investment firm Temasek led a $140 million funding round in India’s Ola Electric at …
G7 shelves regular Russian oil cap reviews as prices soar – sources
By Julia Payne BRUSSELS (Reuters) – The G7 and allies have shelved regular reviews of the Russian oil price cap scheme, people familiar with the …
Some Country Garden creditors object to debt payment deal – sources
SHANGHAI/HONG KONG (Reuters) – Chinese developer Country Garden faces a call from some smaller onshore bondholders for the nullification of a deal to extend repayment …
Exclusive: Barclays explores sale of stake in $2.5 billion UK payments unit – sources
By Amy-Jo Crowley, Pablo Mayo Cerqueiro and Milana Vinn LONDON/NEW YORK (Reuters) – Barclays Plc is exploring the sale of a stake in the unit …
Exclusive-Arm signs up big tech firms for IPO at $50 billion-$55 billion valuation -sources
By Echo Wang NEW YORK (Reuters) -Customers of Arm Holdings Ltd including Apple Inc, Nvidia Corp, Alphabet Inc and Advanced Micro Devices Inc have agreed …
Some onshore creditors of Country Garden private bond receive interest payments – sources
HONG KONG (Reuters) – Some onshore creditors of embattled Chinese property developer Country Garden’s private bond have received interest payments, sources told Reuters on Friday. …
Exclusive-China to take more action to revive property sector -sources
By Julie Zhu and Jane Xu HONG KONG (Reuters) – China is set to take further action including relaxing home-purchase restrictions as it scrambles to …
Canada’s largest pension fund trims staff as it puts China deals on hold – sources
By Julie Zhu and Kane Wu HONG KONG (Reuters) – CPP Investments, Canada’s biggest pension fund, has laid off at least five investment professionals at …
Iranian man, four Iraqis jailed for life for killing US citizen in Baghdad –court sources
BAGHDAD (Reuters) -An Iranian man and four Iraqis were sentenced to life in prison on Thursday for killing U.S. citizen Stephen Troell in Baghdad last …
China regulator met with foreign investors to alleviate concerns – sources
By Selena Li HONG KONG (Reuters) – China’s securities regulator met with representatives from top Western asset managers on Friday to reassure them about the …
Momentum growing for ECB rate hike pause as growth falters -sources
By Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – European Central Bank policymakers are increasingly concerned about deteriorating growth prospects and, while the debate is still …
Exclusive-SoftBank hired Arm’s IPO banks without clarity on fees -sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) – Chip designer Arm signed up 28 banks for its blockbuster initial public offering without giving …
France not planning household tax hikes, sources say other taxes possible
By Elizabeth Pineau PARIS (Reuters) -The French government has no plans to make households pay more taxes, Prime Minister Elisabeth Borne said on Wednesday, but …
Taiwan not planning new risk control for China property exposure – sources
TAIPEI (Reuters) – Taiwan’s top financial regulator has no plan to impose strengthened risk control rules for Taiwan banks and insurers exposed to the Chinese …
China’s OrienSpace could be valued at $823 million in new fundraising -sources
By Roxanne Liu and Kane Wu (Reuters) – Chinese commercial rocket developer OrienSpace is set to be valued at about 6 billion yuan ($823 million) …
Iraq oil minister in Turkey to discuss resuming northern oil exports -sources
BAGHDAD (Reuters) – Iraq’s oil minister Hayan Abdel-Ghani arrived in the Turkish capital Ankara to discuss several issues including the resumption of oil exports through …
Exclusive-India cenbank nudges banks to settle UAE trades in rupee, dirham -sources
By Siddhi Nayak, Jaspreet Kalra and Shivangi Acharya MUMBAI/NEW DELHI (Reuters) – India’s central bank is nudging local banks to ask their clients to settle …
Exclusive-Tyson Foods plans to sell China poultry business -sources
By Kane Wu and Abigail Summerville HONG KONG/NEW YORK (Reuters) – U.S. meat and processed food maker Tyson Foods plans to sell its China poultry …
Jefferies hires Credit Suisse banker Gegenheimer for tech dealmaking -sources
By Milana Vinn (Reuters) – Jefferies has hired Credit Suisse investment banker Jon Gegenheimer in its latest efforts to boost its U.S. technology dealmaking franchise, …
Exclusive-Silver Lake to explore sale of tax-free shopping firm Global Blue -sources
By Milana Vinn and Amy-Jo Crowley (Reuters) -Private equity firm Silver Lake is preparing to explore a sale of Global Blue Group Holdings Ltd, a …
India’s ‘bad bank’ sees loan transfers dwindle on valuation, liability woes -sources
By Siddhi Nayak MUMBAI (Reuters) – India’s so-called ‘bad bank’ set up to buy legacy stressed loans from the country’s lenders has seen such purchases …
Bank of China starts nationwide move to reduce salary gap among employees, manager levels -sources
BEIJING (Reuters) – Bank of China Ltd, China’s fourth-largest lender by assets, has launched a countrywide exercise to reduce the salary gaps among its employees …
Shanghai Exchange urges bankers to closely vet Chinese medical firms IPOs – sources
SHANGHAI (Reuters) – The Shanghai Stock Exchange has urged bankers to pay close attention to the marketing practices of Chinese drug and medical equipment makers …
Exclusive-Canadian pension funds explore $6 billion sale of renewables firm Cubico -sources
By Isla Binnie and Andres Gonzalez NEW YORK (Reuters) – Two of Canada’s biggest pension funds are exploring options including a sale of Cubico Sustainable …
Exclusive-Fear of tech ‘brain drain’ prevents Russia from seizing Yandex for now -sources
By Alexander Marrow and Polina Devitt LONDON (Reuters) – The Kremlin’s fear of a serious tech brain drain is the main factor preventing Moscow from …
Exclusive-Private equity firm STG nears $1.4 billion deal for Avid Technology -sources
By Milana Vinn and Anirban Sen NEW YORK (Reuters) – Private equity firm Symphony Technology Group (STG) is nearing a deal to acquire media editing …
Hedge fund Viking reopens flagship fund after decade -sources
By Carolina Mandl NEW YORK (Reuters) -U.S.-based Viking Global Investors has reopened its flagship long/short hedge fund for new capital having closed it more than …
Exclusive-Amazon in talks to become anchor investor in Arm ahead of IPO -sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) – Amazon.com is in talks about joining other technology companies as a cornerstone investor in SoftBank …
Exclusive-UBS plans TMT dealmaking team shake-up -sources
By Milana Vinn NEW YORK (Reuters) – UBS Group AG is reshuffling its technology, media and telecommunications (TMT) team, elevating some bankers who joined this …
OPEC+ ministers keep oil output policy unchanged – sources
LONDON (Reuters) – A panel meeting of the top ministers of OPEC+ has kept oil output policy unchanged on Friday, two OPEC+ sources said. The …
Turkish cenbank governor, Finance Minister to attend JP Morgan investor meeting on Friday -sources
By Orhan Coskun and Karin Strohecker ISTANBUL/LONDON (Reuters) – Turkish Central Bank Governor Hafize Gaye Erkan and Finance Minister Mehmet Simsek will attend a meeting …
India asks Tesla to copy Apple in pairing Chinese, Indian suppliers -sources
By Nikunj Ohri, Shivangi Acharya and Aftab Ahmed NEW DELHI (Reuters) – As Tesla examines building a plant in India, officials have asked the company …
Exclusive-China asks some banks to reduce or delay dollar buying -sources
SHANGHAI/BEIJING (Reuters) – China’s currency regulators are asking some commercial banks to reduce or postpone their purchases of U.S. dollars in order to slow the …
Tesla executives hold market entry talks with India investment agency -sources
By Aditya Kalra and Shivangi Acharya NEW DELHI (Reuters) – Two senior Tesla executives discussed the company’s plans to enter India with officials from the …
ECB debated raising banks’ mandatory reserves in inflation fight – sources
FRANKFURT (Reuters) – European Central Bank policymakers debated raising banks’ mandatory reserves to 2% from 1% of their deposits at their meeting on Thursday as …