World Bank board to interview US nominee Banga in early May, sources say
By Andrea Shalal WASHINGTON (Reuters) – The World Bank’s executive board will conduct a formal interview with Ajay Banga, the U.S. nominee to success David …
Sources
Exclusive-Russia starts fuel supplies to Iran by rail -sources
MOSCOW (Reuters) – Russia started fuel exports to Iran by rail this year for the first time after traditional buyers shunned trade with Moscow, according …
Exclusive-Boeing targets 2025 for return to pre-crisis 737 MAX production rates -sources
By Valerie Insinna WASHINGTON (Reuters) – Boeing Co intends to restore production of its bestselling 737 MAX jet to its 2019 rate of 52 a …
Italy set to confirm deficit targets for this year and next -sources
By Giuseppe Fonte ROME (Reuters) – Italy is likely to confirm its budget deficit targets for this year and next, people familiar with the matter …
Exclusive-Brokerage CICC slashes bonuses as Beijing dials up income disparity rhetoric -sources
HONG KONG/SHANGHAI (Reuters) – Dealmakers at China International Capital Corp (CICC) will see bonuses slashed by as much as 40%, three sources said, in one …
Germany guarantees 221 million euros of Ukraine investments – econ ministry sources
BERLIN (Reuters) – Germany is currently providing guarantees on investments totalling 221 million euros ($242 million) in Ukraine, Economy Ministry sources said on Wednesday, following …
Italy sees 2023 deficit on target despite higher rates, Eurostat setback – sources
By Giuseppe Fonte ROME (Reuters) – Italy estimates a 2023 budget deficit broadly in line with its previous goal of 4.5% of national output, people …
Syria says Israel hits Homs outposts, sources say air bases bombed
By Suleiman Al-Khalidi (Reuters) – Israeli forces carried out air strikes on outposts in Syria’s Homs province in a raid early on Sunday, Syria’s defence …
Munitions, anti-tank rockets in next $2.6 billion US pledge for Ukraine -sources
By Mike Stone WASHINGTON (Reuters) – A new $2.6 billion U.S. military aid package that could include air surveillance radars, anti-tank rockets and fuel trucks …
Exclusive-Chinese lithium producers set price floor as demand evaporates -sources
By Siyi Liu and Dominique Patton BEIJING (Reuters) -China’s top lithium producers agreed this week to set a floor price of 250,000 yuan ($36,380) per …
Exclusive-Canada’s ATCO gives Mexico troubled pipeline after damage award -sources
By Dave Graham MEXICO CITY (Reuters) – Canada’s ATCO Ltd has agreed to transfer ownership to Mexico of an unfinished pipeline bogged down in a …
Hedge fund WorldQuant hires James Henderson from Squarepoint – sources
By Nell Mackenzie LONDON (Reuters) – Hedge fund WorldQuant has hired James Henderson as deputy general manager based in London, two sources with knowledge of …
TIM’s grid suitors studying bid improvements, sources says
By Elvira Pollina MILAN (Reuters) – Suitors for Telecom Italia’s network are studying potential improvements to their rival multi-billion euro bids for the former phone …
India asks state-run banks to monitor top loan accounts – sources
By Siddhi Nayak MUMBAI (Reuters) – India has asked state-run lenders to adopt stricter monitoring of top corporate loan accounts and submit a plan to …
UBS races to seal Credit Suisse deal as soon as late April, sources say
By Elisa Martinuzzi, Saeed Azhar and Stefania Spezzati LONDON (Reuters) – The Swiss authorities and UBS Group AG are racing to close the takeover of …
Brazil’s Lula gives nod to market veteran and public servant for central bank roles -sources
By Marcela Ayres, Bernardo Caram and Luana Maria Benedito BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has agreed to nominate a financial …
Boeing wins Japan Airlines order for 21 MAX jets -sources
WASHINGTON/TOKYO (Reuters) – Boeing Co has secured a deal worth at least $2.5 billion at list prices to sell 21 of its 737 MAX jets …
IMF’s Georgieva to travel to China at end of March-IMF sources
By Andrea Shalal WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva will travel to China from March 24 to March 30, IMF sources …
Exclusive-Russians flood Kazakhstan with sanction-busting requests – sources
By Olzhas Auyezov and Mariya Gordeyeva ALMATY (Reuters) – Russian companies have flooded their Kazakh partners in recent weeks with new requests to help them …
Exclusive-California bank PacWest Corp in talks to get liquidity boost -sources
By Anirban Sen and David French NEW YORK (Reuters) -PacWest Corp is in talks about a liquidity boost with Atlas SP Partners and other investment …
US regulators to visit Hong Kong for fresh round of audit inspections – sources
By Xie Yu and Selena Li HONG KONG (Reuters) – Officials from the U.S. audit watchdog will start a new round of inspections in Hong …
Venezuelan opposition impatient over U.S. process to move frozen funds – sources
By Vivian Sequera and Mayela Armas CARACAS (Reuters) – Members of Venezuela’s opposition are anxiously awaiting decisions by the United States to again allow the …
China battery giant CATL’s $5 billion Swiss listing delayed amid Beijing regulatory concerns – sources
By Scott Murdoch, Julie Zhu and Kane Wu HONG KONG (Reuters) – Chinese battery giant CATL’s plan to raise at least $5 billion in Swiss …
U.S. banking behemoths attract flood of deposits after SVB collapse -sources
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – U.S. consumers have flooded banking giants, including JPMorgan Chase & Co, Bank of America Corp …
Exclusive-India to discourage foreign trade settlement in Chinese yuan – sources
By Shivangi Acharya, Aftab Ahmed and Neha Arora NEW DELHI (Reuters) – India has asked banks and traders to avoid using Chinese yuan to pay …
Exclusive-Malaysia’s Edotco, backers plan stake sales in hot telco towers market -sources
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) -Asia-focussed telecoms tower firm Edotco Group, its Malaysian parent Axiata and a Japanese backer are in talks …
‘Twitter Files’ Hearing Descends Into Anarchy As Dems Push Journalist To Reveal His Sources
‘Twitter Files’ Hearing Descends Into Anarchy As Dems Push Journalist To Reveal His Sources Jason Cohen on March 9, 2023 Democrats went after journalist Matt …
Exclusive-Credit Suisse regulatory compliance head leaving as part of wider overhaul -sources
By Stefania Spezzati LONDON (Reuters) – Credit Suisse’s head of regulatory compliance, Julian Gooding, is leaving Switzerland’s second-biggest bank as part of a sweeping overhaul …
Italy to boost multiple-vote shares to support Milan bourse, sources say
By Giuseppe Fonte ROME (Reuters) – Italy plans to enhance voting rights to persuade entrepreneurs to float their businesses in Milan without worrying about losing …
Exclusive: Russia set to mothball damaged Nord Stream gas pipelines – sources
By Vladimir Soldatkin, Olesya Astakhova and Christoph Steitz MOSCOW/FRANKFURT (Reuters) – Russia’s ruptured undersea Nord Stream gas pipelines are set to be sealed up and …
G20 fails to reach consensus on Russia-Ukraine war -sources
By Sarita Chaganti Singh and Christian Kraemer BENGALURU (Reuters) – G20 finance chiefs have been unable to reach a consensus on describing the war in …
Stripe in advanced talks to raise $4 billion from investors – sources
By Krystal Hu (Reuters) – Digital payments processor Stripe Inc is close to raising $4 billion in fresh capital at a valuation of about $55 …
Exclusive-Netflix making preparations to open Vietnam office – sources
By Fanny Potkin and Phuong Nguyen SINGAPORE (Reuters) – U.S streaming giant Netflix Inc is making preparations to open an office in Vietnam after years of …
U.S. looks to expand Taiwan military training -sources
WASHINGTON (Reuters) – The United States is set to expand the number of troops helping train Taiwanese forces, two U.S. officials said on Thursday, at …
EU on track to adopt new Russia sanctions for war anniversary – sources
By Gabriela Baczynska BRUSSELS (Reuters) – European Union countries were “on good track” to adopt new sanctions against Moscow in time for the Feb.24 one-year …
TPG in talks to buy $300 million Malaysian education assets from KV Asia -sources
By Yantoultra Ngui and Anshuman Daga SINGAPORE (Reuters) – U.S. private equity firm TPG is in advanced talks to buy Malaysian private education assets owned …
U.S. asset manager Van Eck to abort mutual fund plan in China -sources
By Selena Li and Samuel Shen HONG KONG (Reuters) – American investment manager Van Eck will terminate a plan that has been in the works …
Kroger and Albertsons zero in on store divestitures amid deal review -sources
By Anirban Sen and Abigail Summerville (Reuters) – Supermarket operators Kroger Co and Albertsons Companies Inc are advancing plans to sell between 250 and 300 …
Italy’s CDP sounds out banks, funds on rival bid for TIM grid, sources say
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Italian state lender CDP is sounding out banks that could help finance its offer for Telecom …
Japan government to present BOJ governor, deputy candidates next week – sources
By Yoshifumi Takemoto TOKYO (Reuters) – Japan’s government is considering presenting to parliament its nominees for next Bank of Japan (BOJ) governor and two deputy …
AI startup Cohere in talks to raise funding at $6 billion plus valuation -sources
By Krystal Hu (Reuters) – Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, is in talks to raise hundreds of millions of …
French, German ministers to tell U.S. don’t poach EU investments -sources
PARIS (Reuters) – France and Germany’s economy ministers will tell senior U.S. officials not to try to actively poach green investments from Europe when they …
Exclusive-Starboard to challenge engineering materials maker Rogers’ board -sources
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investment firm Starboard Value LP has amassed a sizable stake in Rogers Corp and is seeking seats …
Brazil’s finance ministry to back minimum wage increase starting in May -sources
By Bernardo Caram BRASILIA (Reuters) – Brazil’s finance ministry sees room for leftist President Luiz Inacio Lula da Silva to raise the minimum wage as …
Senate Clears Stanfield Bill Requiring BPU to Open Electrical Grid to New Energy Sources
Sen. Stanfield’s bill requiring the BPU to find solutions that would allow additional energy sources to connect to the electrical grid was passed by the New Jersey Senate.
ECB governors see at least two more rate hikes, sources say
FRANKFURT (Reuters) – European Central Bank policymakers left Thursday’s meeting expecting at least two more rate hikes, although differences remained about their pace and final …
Twitter makes first interest payment on Musk buyout debt -sources
NEW YORK (Reuters) – Twitter Inc has made its first interest payment on a loan that banks provided to help finance billionaire Elon Musk’s purchase …
Stanfield Legislation Requiring BPU to Open Electrical Grid to New Energy Sources Advances
Sen. Jean Stanfield’s bill requiring the BPU to find solutions that would allow additional energy sources to connect to the electrical grid was approved by the Senate Environment and Energy Committee.
Perella Weinberg puts employee in insider trading probe on leave -sources
FRANKFURT (Reuters) – The advisory firm Perella Weinberg Partners has placed a London-based employee who is under investigation as part of an insider trading probe …
Goldman Sachs among investors interested in financing Italy’s Serie A – sources
MILAN (Reuters) – Goldman Sachs is one of various fund and bank investors that have expressed interest in financing the growth of the media business …