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-Britain’s Virgin Media O2 nears stake sale in towers business to GLIL – sources
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 in Britain’s largest mobile tower network to…
Exclusive-TikTok, YouTube, Meta eye Indonesia e-commerce licenses- sources
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 largest economy banned online shopping on social…
G7 announcement on Russian diamond ban expected by end Oct.- sources
By Julia Payne BRUSSELS (Reuters) – A G7 statement announcing a ban on imports of Russian diamonds is expected by the end of this month, followed closely by a proposal for the…
Top Citigroup industrials banker to join Jefferies -sources
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 for a senior role, according to sources…
Argentina central bank to keep powder dry for now after election surprise -sources
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 win for the Peronist government in a…
EU lawmakers face struggle to reach agreement on AI rules -sources
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 ahead of a crucial meeting on Tuesday,…
Exclusive-Country Garden offshore bondholders retained PJT Partners – sources
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 lead discussions with the troubled Chinese property…
Deutsche Bahn to announce deal to sell Arriva to I Squared on Thursday -sources
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, sources told Reuters. The two parties will…
Volkswagen brand cost-cutting plan running behind schedule – sources
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 for its namesake brand, two people familiar…
ECB policymakers eye springtime push to cut payments on banks’ deposits – sources
By Balazs Koranyi MARRAKECH (Reuters) – European Central Bank policymakers are planning a springtime push to cut interest payments made to commercial banks, in part to recoup some of the costs associated…
Deutsche Bahn close to signing $1.68 bn deal to sell Arriva to I Squared -sources
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 Bahn’s international transport business Arriva as soon as…
Exclusive-Star Chinese fund manager Wang detained and under investigation -sources
(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 knowledge of the matter. The 52-year-old founder…
Brooks Macdonald lines up defence adviser amid takeover interest –sources
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, three people familiar with the matter told…
Sri Lanka bondholders sent $12 billion debt rework proposal to government -sources
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 a new type of bond designed to…
Biden administration to announce $7 billion in hydrogen hub grants Friday –sources
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 to build out regional hydrogen hubs, three…
Venezuela readying return to Mexico-based talks with opposition -sources
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 country’s political opposition, almost a year after…
Exclusive-ECB sees Italy’s spread jump as justified but may cool PEPP talk: sources
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 government’s projection of higher deficits, but see…
Egypt pushing Israel and Hamas to prevent escalation -Egyptian sources
CAIRO (Reuters) – Egypt has been in close contact with Israel and Hamas to try to prevent further escalation in fighting between them and ensure the protection of Israelis taken hostage by…
Hard kombucha brewer JuneShine explores sale -sources
By Abigail Summerville NEW YORK (Reuters) – Kombucha beverage brewer JuneShine, which counts celebrities like comedian Whitney Cummings and YouTube star Cody Ko among its investors, is exploring a sale with the…
Flexport plans to cut up to 30% of workforce by end of Oct -sources
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 of the month following a change of…
US private equity firms challenge Amentum in race for Jacobs unit -sources
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, competing against rival contractor Amentum, according to…
Italy risks raising next to nothing from bank tax, sources say
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy risks collecting minimal proceeds from a windfall tax on banks after it gave lenders the option to set aside money instead of…
Exclusive-Asia PE firm Affinity halts continuation fund plan -sources
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 fund enabling itself and its investors to…
BP explores $1 billion US pipelines stake sale -sources
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 gas pipeline network in the Gulf of…
Golden Goose takes step towards listing in Milan next year – sources
MILAN (Reuters) – Italian luxury sneaker brand Golden Goose has picked Lazard as financial adviser to explore a potential stock market listing in Milan, two sources close to the matter said on…
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