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…
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 to form a group to consider options…
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 an increasingly optimistic view of Japan as…
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 weeks after a trip to China where…
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 Bob Casey later this month, two sources…
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 for alleged equipment procurement irregularities, two sources…
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 on Monday, at a time when the…
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 bank trims its costs while embarking on…
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 $5 billion in its stock market debut,…
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 for countries in default next week, two…
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 process which could value the data gathering…
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 as 1 billion pounds ($1.25 billion), two…
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 a valuation of $5.4 billion, two sources…
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 matter told Reuters, even though most Russian…
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 of a bond, arguing it was unfair…
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 that processes payments for UK merchants as…
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 to invest in the chip designer’s initial…
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. The development comes after Country Garden on…
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 tackle a deepening crisis in its massive…
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 its Hong Kong office as it steps…
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 year, two legal sources said. Troell was…
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 country’s economic prospects, as its post-COVID recovery…
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 open, momentum for a pause in its…
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 them a fee arrangement, a reflection of…
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 other tax rises are under consideration, two…
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 real estate market due to high loan…
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