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…
Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets
By Scott Murdoch SYDNEY (Reuters) – China Evergrande Group sold its luxury superyacht for about $32 million earlier this year, said two sources, further shrinking the developer’s offshore assets as its cash…
Toyota plans third India plant, new SUV as domestic sales surge – sources
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 first time in over a decade as…
Gehl Foods’ owner explores sale of dairy-based products maker -sources
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 of dairy-based products at over $600 million,…
Exclusive-Singapore’s GIC among bidders vying for stake in Vietnam’s third largest grocery chain – sources
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 grocer Bach Hoa Xanh from Vietnam’s retail…
Some Sri Lanka creditors seeking debt restructuring deal without China – Bloomberg News citing sources
(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 participation of China, Bloomberg News reported on…
Exclusive-China’s Trina Solar plans $400 million Vietnam plant after US sanctions – sources
By Francesco Guarascio HANOI (Reuters) – Chinese solar panel maker Trina Solar is planning to build its third factory in Vietnam, three people familiar with the matter told Reuters, a move that…
Exclusive-German economic institutes forecast 0.6% GDP contraction this year – sources
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, two sources told Reuters on Tuesday. For…
China bans Nomura senior investment banker from leaving mainland -sources
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 mainland, two sources with knowledge of the…
India to delay import licensing of laptops after US, industry push back, sources say
By Munsif Vengattil and Shivangi Acharya NEW DELHI (Reuters) – India will defer an import licence requirement for laptops and tablets, two government officials said, a policy U-turn after industry and the…
Deutsche Bank hires internet banker Withey from Barclays – sources
By Milana Vinn (Reuters) – Deutsche Bank AG has hired Ainslee Withey, a Barclays technology banker, as a managing director in its technology investment banking group for internet dealmaking, according to people…
Italy sees 2023 budget deficit overshoot at around 5.5% of GDP, sources say
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% target, sources told Reuters, pushed up by…
Exclusive-At least 40% of Colombia’s ELN rebels seen rejecting peace deal-security sources
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 being negotiated with the government, three high-level…
Exclusive-JSW in talks with LG Energy Solution to make EV batteries in India -sources
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) about jointly manufacturing batteries in India, two…
National World sounds out investors for Telegraph bidding group -sources
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, three people with knowledge of the move…
Russia mulls extra tax for some commodities exports, including metals – sources
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 in two major exporting companies told Reuters…
Thailand plans higher borrowing in 2024 to boost economy – 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% from the current year, according to market…
Rio Tinto shoulders Simandou iron ore bill as Chinese funds delayed – sources
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 largest untapped iron ore deposits, as its…
All3Media owners kick off sale process -sources
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 familiar with the matter told Reuters. Shareholders…
Exclusive-Airbus nears decision on new planemaking leadership – sources
By Tim Hepher PARIS (Reuters) – Airbus is pushing ahead with plans to name a new internal head of its commercial aircraft business, effectively recreating a separate civil jetliner division with the…
Former Elliott investor Markel to launch fund -sources
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 quarter of 2024 and expects to raise…
National Carwash Solutions explores $3 billion sale -sources
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 value it at close to $3 billion,…
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 to negotiate a permanent ceasefire with Saudi…
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 of a hit should be incurred by…
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, and to run open positions for a…
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 after his ex-aide agreed to cooperate with…
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