Elon Musk scheduled to visit Tesla’s Shanghai plant on Weds night – sources
SHANGHAI (Reuters) – Elon Musk is scheduled to travel to Tesla’s Shanghai factory on Wednesday night to meet with staff there, two sources familiar with …
Sources
Credit Suisse bankers leaving by the hundreds every week – sources
By Noele Illien and Stefania Spezzati ZURICH (Reuters) – Hundreds of Credit Suisse’s employees are resigning each week in a sign of uncertainty gripping the …
Musk expected to visit China this week, meet officials – sources
HONG KONG/SHANGHAI (Reuters) – Tesla Chief Executive Elon Musk is expected to visit China this week, three people with knowledge of the matter said, in …
Buyout firm Kelso explores sales of Augusta Sportswear -sources
By Abigail Summerville NEW YORK (Reuters) – Private equity firm Kelso & Co is exploring a sale of Augusta Sportswear Brands in a deal that …
Exclusive-Deutsche Bank used big trades to raise cash in March turmoil -sources
By Francesco Canepa and Tom Sims FRANKFURT (Reuters) – As banks came under mounting pressure in March, Deutsche Bank used big trades to give its …
Italy probing China’s possible growing influence on Pirelli -sources
By Giuseppe Fonte and Giulio Piovaccari MILAN (Reuters) – The Italian government, which is assessing tyre maker Pirelli’s new shareholder agreement, is concerned about plans …
Boyu, Hillhouse, others vie for HK-based medical device firm Quasar -sources
By Kane Wu and Yantoultra Ngui HONG KONG (Reuters) – Private equity firms Boyu Capital, Hillhouse Capital and BPEA EQT are among bidders vying for …
Exclusive-Malaysian tycoon weighs selling a stake in $2.7 billion port business -sources
By Yantoultra Ngui SINGAPORE (Reuters) – Malaysian tycoon Syed Mokhtar Al-Bukhary is looking at bringing in an investor into MMC Port Holdings – a deal …
Sudan’s factions agree to 7-day humanitarian truce and ceasefire, sources say
(Reuters) – The Sudanese army and paramilitary Rapid Support Forces (RSF) agreed to a seven-day humanitarian truce and ceasefire, two negotiation sources told Reuters on …
Telecom Italia urged to call board meeting to name Vivendi candidate – sources
MILAN (Reuters) – Telecom Italia (TIM) is being urged by some directors to hold an extraordinary board meeting to name a candidate sponsored by top …
American Airlines pilots to get 21% pay raise this year in tentative contract -sources
CHICAGO (Reuters) – Pilots at American Airlines will get a 21% pay raise this year as part of a new four-year tentative contract, three sources …
Spain’s Sacyr in talks to sell 45% of Irish motorway to Bestinver -sources
MADRID (Reuters) – Sacyr is negotiating with Spanish firm Bestinver to sell its 45% stake in the Irish motorway N6 and thus fully exit the …
Exclusive-India, UK still far apart on free trade deal – sources
By Shivangi Acharya, Aditi Shah and Aftab Ahmed NEW DELHI (Reuters) – India and Britain are struggling to make progress in free trade talks due …
Patriot missile defense system in Ukraine likely damaged -US sources
WASHINGTON (Reuters) – A U.S.-made Patriot missile defense system being used by Ukraine likely suffered some damage from a Russian strike, two U.S. officials said …
Exclusive-G7 leaders to target Russian energy, trade in new sanctions steps -sources
By Trevor Hunnicutt and Andreas Rinke WASHINGTON/BERLIN (Reuters) – Leaders of the Group of Seven (G7) nations plan to tighten sanctions on Russia at their …
Italian steelmaker Feralpi invites banks to pitch for IPO role –sources
By Elisa Anzolin and Pablo Mayo Cerqueiro MILAN/LONDON (Reuters) – Italian steelmaker Feralpi Group is sounding out investment banks to arrange a possible initial public …
Italy discusses break-up rescue for Eurovita – sources
MILAN (Reuters) – Italian authorities and financial firms on Wednesday discussed plans to rescue Eurovita by dividing up the troubled life insurer among leading players …
Exclusive-Chevron aims to boost Venezuela oil output to accelerate debt recovery -sources
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS (Reuters) – Chevron Corp’s renewed oil operations in Venezuela begin a new phase next month that will boost …
Investment consortium nears $7 billion-plus deal for Syneos Health -sources
By Anirban Sen NEW YORK (Reuters) -A consortium comprising Elliott Investment Management, Patient Square Capital and Veritas Capital is nearing a deal to acquire Syneos …
Yellen is calling CEOs personally to warn on US debt ceiling -sources
By Andrea Shalal WASHINGTON (Reuters) – Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the “catastrophic” impact a …
Ryanair close to placing major Boeing order -sources
PARIS (Reuters) – Ryanair is close to signing a major new aircraft order with Boeing, two people familiar with the matter said on Monday. The …
Shell Texas chemical plant fire contained -sheriff
By Erwin Seba HOUSTON (Reuters) -A fire at Shell Plc’s Deer Park, Texas chemical plant appeared to be contained by 6 p.m. CDT (2300 GMT), …
Exclusive-Bain Capital nearing final close of Asia fund worth $6 billion – sources
By Kane Wu HONG KONG (Reuters) – U.S. private equity firm Bain Capital is nearing the final close of its fifth and biggest Asia-focused fund …
JPMorgan’s Dimon to visit mainland China for first time in 4 years -sources
By Julie Zhu, Scott Murdoch and Nupur Anand HONG KONG/SYDNEY/NEW YORK (Reuters) – Jamie Dimon, the chief executive of JPMorgan Chase & Co, travels to …
Exclusive-Blackstone weighs options for Spanish gambling firm Cirsa -sources
By Amy-Jo Crowley, Pablo Mayo Cerqueiro and Andres Gonzalez LONDON (Reuters) – Blackstone is weighing options for Spanish gambling company Cirsa, including an initial public …
Argentina seeks US, Brazil support for faster IMF payouts – gov’t sources
By Bernardo Caram and Nicolás Misculin BRASILIA/BUENOS AIRES (Reuters) – Argentina is seeking new easing of targets in its $44 billion deal with the International …
Suriname reaches debt restructuring deal with bondholders
By Rodrigo Campos, Jorgelina do Rosario and Ank Kuipers NEW YORK/LONDON/PARAMARIBO (Reuters) -Suriname reached an agreement in principle with its Eurobond creditor committee for the …
Blackstone mulls sale of Dutch bank NIBC –sources
By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Andres Gonzalez LONDON (Reuters) – U.S. buyout house Blackstone is weighing options for Dutch merchant bank NIBC, including …
Exclusive-India, Russia suspend negotiations to settle trade in rupees -sources
By Aftab Ahmed and Swati Bhat NEW DELHI/MUMBAI (Reuters) – India and Russia have suspended efforts to settle bilateral trade in rupees, after months of …
Argentina could fast-track Brazilian imports in return for help financing them – sources
By Bernardo Caram BRASILIA (Reuters) – Argentina has offered to fast-track imports from Brazil if its neighbor adopts a new credit system that reduces its …
Exclusive-EQT sounds out banks to manage LimaCorporate IPO – sources
By Pablo Mayo Cerqueiro and Andres Gonzalez LONDON (Reuters) – Private equity house EQT is weighing options including a possible initial public offering (IPO) for …
Brookfield, Tata in talks to invest in India’s Nexus Malls IPO – sources
By M. Sriram and Rama Venkat BENGALURU (Reuters) -Brookfield Asset Management and Tata Group are in talks to invest in the upcoming initial public offering …
New U.S. military aid to Ukraine to include air-launched rockets -sources
By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) – The United States plans to announce as soon as Wednesday a new $300 million military aid …
Chevron export earnings boost supply of US dollars in Venezuela -sources
By Mayela Armas CARACAS (Reuters) – Some of U.S. oil major Chevron Corp’s export earnings from its Venezuela operations are bolstering supplies of U.S. dollars …
Fifth Third Bancorp bid for First Republic before sale to JPMorgan -sources
By Anirban Sen and David French NEW YORK (Reuters) – Fifth Third Bancorp was one the banks that submitted final bids for First Republic Bank …
TIM to seek new round of higher bids for landline grid – sources
MILAN (Reuters) – Telecom Italia (TIM)’s CEO Pietro Labriola is expected to propose to directors to seek further improvements of multi-billion bids for the company’s …
Millennium Trust’s owners explore $8 billion sale -sources
(This April 26 story has been corrected to fix revenue description in paragraph 3) By David French and Anirban Sen NEW YORK (Reuters) – The …
Exclusive-As Colombia moves to ban fracking, Exxon seeks to recover investment -sources
By Luis Jaime Acosta, Oliver Griffin and Sabrina Valle BOGOTA/HOUSTON (Reuters) – Exxon Mobil Corp is in talks with Colombia’s government in hopes of recovering …
BOJ may conduct long-term review of monetary easing – sources
By Leika Kihara TOKYO (Reuters) – The Bank of Japan may conduct a comprehensive review of the impact of the monetary easing steps it has …
Exclusive-China guides banks to further cut deposit rates – sources
(Reuters) – China nudged banks this month to cut deposit interest rates further, seven people with knowledge of the matter said, in the latest effort …
Exclusive-In Rakuten Bank’s downsized IPO, investors pushed for details on troubled parent, sources say
By Miho Uranaka TOKYO (Reuters) – Japan’s Rakuten Bank Ltd amended the filing of its $625 million initial public offering (IPO) after investors pushed for …
China COVID protesters released after four months’ detention – sources
By Laurie Chen BEIJING (Reuters) – At least two Chinese women who joined historic “white paper” demonstrations in Beijing calling for an end to COVID-19 …
Biden set for summit with top fundraisers ahead of expected re-election campaign -sources
By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden is expected to meet top potential donors for his planned re-election campaign next week, according …
Exclusive-Calls grow for quick end to ECB bond-scheme reinvestment – sources
By Balazs Koranyi WASHINGTON (Reuters) – A growing number of European Central Bank policymakers are calling for the bank to stop reinvesting cash into its …
Exclusive-Ethiopia seeking $2 billion under IMF program, sources say
By Jorgelina do Rosario WASHINGTON (Reuters) – Ethiopia is in talks with the International Monetary Fund (IMF) to borrow at least $2 billion under a …
Brazilians offer fresh perks for BYD plant as Ford talks stall -sources
By Lisandra Paraguassu BRASILIA (Reuters) – Brazilian officials are offering fresh incentives including land for Chinese manufacturer BYD to build an electric car plant in …
Exclusive-EDF warns of 1 billion euro loss due to French strikes, reviews hiring – sources
By Benjamin Mallet PARIS (Reuters) -French utility EDF has warned drawn-out strikes at its nuclear reactors and hydro-electricity plants have cost it 1 billion euros …
China to close airspace north of Taiwan April 16-18 -sources
(Reuters) – China is planning to close the airspace north of Taiwan from April 16 to 18, four sources with knowledge of the matter said, …
Exclusive-Iran exploits quake relief mission to fly weapons to Syria -sources
By Suleiman Al-Khalidi, James Mackenzie and Parisa Hafezi AMMAN (Reuters) – Iran has used earthquake relief flights to bring weapons and military equipment into its …
Brazil’s Embraer eyes deal with Chinese airline for 20 E-jets -sources
By Gabriel Araujo RIO DE JANEIRO (Reuters) – Brazilian planemaker Embraer SA aims to sign a deal for the sale of 20 commercial jets to …