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Sources

Exclusive-India may peg gross borrowing under 16 trillion rupees in 2023/24 – sources

January 27, 2023
Exclusive-india may peg gross borrowing under 16 trillion rupees in 2023/24 - sources - photo licensed by shore news network.

By Shubham Batra and Nikunj Ohri New Delhi (Reuters) – India’s federal government is likely to keep its gross market borrowing below 16 trillion rupees …

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India market regulator increases scrutiny of Adani group – sources

January 27, 2023
India market regulator increases scrutiny of adani group - sources - photo licensed by shore news network.

By Jayshree P Upadhyay (Reuters) – India’s market regulator has increased scrutiny of deals by the Adani Group over the past year and will study …

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Tata’s Air India to seal half of jumbo plane order – sources

January 27, 2023
Tata's air india to seal half of jumbo plane order - sources - photo licensed by shore news network.

By Aditi Shah NEW DELHI (Reuters) -Air India will on Friday seal half of an order for some 495 jets with Boeing and engine suppliers …

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Activist Elliott to nominate directors at Salesforce -sources

January 26, 2023
Activist elliott to nominate directors at salesforce -sources - photo licensed by shore news network.

By Svea Herbst-Bayliss NEW YORK (Reuters) – Elliott Management Corp, the activist investment firm that recently made a multimillion-dollar investment in Salesforce, plans to nominate …

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Italy, EU close to deal to revive GACS bad loan scheme, sources say

January 26, 2023
Italy, eu close to deal to revive gacs bad loan scheme, sources say - photo licensed by shore news network.

By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy is close to clinching a deal with European Union competition authorities to reintroduce a scheme …

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Exclusive-Dutch officials headed to Washington to talk controls on chipmaking gear – sources

January 25, 2023
Exclusive-dutch officials headed to washington to talk controls on chipmaking gear - sources - photo licensed by shore news network.

By Michael Martina (Reuters) – Dutch and U.S. officials will meet in Washington on Friday to discuss potential new controls on exporting semiconductor manufacturing gear …

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Exclusive-Equinor joins Western oil firms’ retreat from Nigeria -sources

January 25, 2023
Exclusive-equinor joins western oil firms' retreat from nigeria -sources - photo licensed by shore news network.

By Ron Bousso LONDON (Reuters) – Norway’s Equinor has launched the sale of its stake in an offshore Nigerian oilfield, joining a retreat by Western …

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Banks demand deep changes to UK’s accountability rules -sources

January 24, 2023
Banks demand deep changes to uk's accountability rules -sources - photo licensed by shore news network.

By Iain Withers and Huw Jones LONDON (Reuters) – Banks are pushing the British government to relax core parts of post-financial crisis rules designed to …

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India may peg nominal GDP growth at about 11% in 2023/24 budget- sources

January 24, 2023
India may peg nominal gdp growth at about 11% in 2023/24 budget- sources - photo licensed by shore news network.

By Shubham Batra and Aftab Ahmed (Reuters) – India is likely to peg its nominal gross domestic product (GDP) growth at around 11% in the …

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Hedge fund Eisler Capital hires Damien Bombelli – sources

January 23, 2023

By Stefania Spezzati and Nell Mackenzie LONDON (Reuters) – Eisler Capital has recruited Damien Bombelli, whose background in commodities could help the hedge fund bolster …

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RSA Security explores $2 billion-plus sale of Archer -sources

January 18, 2023
Rsa security explores $2 billion-plus sale of archer -sources - photo licensed by shore news network.

By Milana Vinn (Reuters) – RSA Security LLC, the former cyber security division of Dell Technologies Inc, is exploring a sale of its risk and …

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Italy to decide fate of top Treasury officials on Jan. 19, sources say

January 17, 2023
Italy to decide fate of top treasury officials on jan. 19, sources say - photo licensed by shore news network.

By Giuseppe Fonte and Angelo Amante ROME (Reuters) – Italy’s cabinet is likely to decide on Jan. 19 the fate of two influential Treasury officials, …

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Exclusive-Montfort wins bid for Uniper’s marine fuels oil refinery in UAE – sources

January 17, 2023
Exclusive-montfort wins bid for uniper's marine fuels oil refinery in uae - sources - photo licensed by shore news network.

By Jeslyn Lerh, Julia Payne and Florence Tan (Reuters) – Montfort has emerged as the top bidder for Uniper Energy’s oil refinery in the UAE …

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Exclusive-Apple supplier BOE plans new factories in Vietnam -sources

January 10, 2023
Exclusive-apple supplier boe plans new factories in vietnam -sources - photo licensed by shore news network.

By Francesco Guarascio HANOI (Reuters) – Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, …

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Brazil’s Eletrobras probes collapse of transmission towers – sources

January 10, 2023January 10, 2023
Brazil's eletrobras probes collapse of transmission towers - sources - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazilian energy company Eletrobras is investigating whether the collapse of two transmission towers were related to anti-government riots in Brazil on …

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Airbus delivered unaudited total of 663 jets in 2022 – sources

January 5, 2023
Airbus delivered unaudited total of 663 jets in 2022 - sources - photo licensed by shore news network.

(Reuters) – Airbus provisionally delivered as many as 663 aircraft in 2022, industry sources said on Thursday. The tentative score is subject to an internal …

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Microsoft to invest in autonomous trucking startup Gatik -sources

January 4, 2023
Microsoft to invest in autonomous trucking startup gatik -sources - photo licensed by shore news network.

By Krystal Hu and Joseph White (Reuters) – Microsoft Corp is in advanced talks to invest in Gatik, a California-based autonomous driving startup, as part …

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U.S. plans to expand border expulsions for Cubans, Nicaraguans and Haitians – sources

December 28, 2022
U. S. Plans to expand border expulsions for cubans, nicaraguans and haitians - sources - photo licensed by shore news network.

By Ted Hesson and Mica Rosenberg WASHINGTON (Reuters) – The Biden administration is planning to use pandemic-era restrictions to expel many Cuban, Nicaraguan and Haitian …

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Panama, Canada’s First Quantum talks to continue on Wednesday – sources

December 27, 2022
Panama, canada's first quantum talks to continue on wednesday - sources - photo licensed by shore news network.

By Valentine Hilaire PANAMA CITY (Reuters) – Representatives for Panama’s government and Canada’s First Quantum Minerals are set to meet on Wednesday for a third …

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Tencent chief blasts managers in fiery townhall – sources

December 23, 2022December 23, 2022
Tencent chief blasts managers in fiery townhall - sources - photo licensed by shore news network.

By Josh Ye HONG KONG (Reuters) – The founder of Chinese tech giant Tencent Holdings Ltd told employees many “corruption” issues had been discovered within …

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Exclusive-Russia likely to buy yuan on FX market in 2023 – sources

December 22, 2022
Exclusive-russia likely to buy yuan on fx market in 2023 - sources - photo licensed by shore news network.

By Elena Fabrichnaya MOSCOW (Reuters) – Russia will start buying yuan on the currency market next year if oil and gas revenues meet expectations, two …

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Air India jumbo order includes 190 Boeing MAX, 30 787s -sources

December 16, 2022
Air india jumbo order includes 190 boeing max, 30 787s -sources - photo licensed by shore news network.

By Tim Hepher and Aditi Shah LONDON/NEW DELHI (Reuters) – Air India is close to a deal to order more than 200 Boeing jets including …

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Exclusive-ChatGPT owner OpenAI projects $1 billion in revenue by 2024 -sources

December 15, 2022December 15, 2022
Exclusive-chatgpt owner openai projects $1 billion in revenue by 2024 -sources - photo licensed by shore news network.

By Jeffrey Dastin, Krystal Hu and Paresh Dave (Reuters) – ChatGPT, the new chatbot that is the talk of Silicon Valley, can spit out haikus, …

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TIM’s board indicates Italy’s telecoms lobby head as director – sources

December 15, 2022
Tim's board indicates italy's telecoms lobby head as director - sources - photo licensed by shore news network.

MILAN (Reuters) – Telecom Italia (TIM) board has indicated Italy’s telecoms lobby chief Massimo Sarmi as a new director, two sources with knowledge of the …

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Musk’s banks to book Twitter loan losses, avoid big hits -sources

December 22, 2022December 14, 2022
Musk's banks to book twitter loan losses, avoid big hits -sources - photo licensed by shore news network.

By Lananh Nguyen, Saeed Azhar and Shankar Ramakrishnan NEW YORK (Reuters) -Some of the banks that lent Elon Musk $13 billion to buy Twitter are …

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Exclusive-Deforestation of Brazilian savanna surged some 25% in a year, sources say

December 13, 2022
Exclusive-deforestation of brazilian savanna surged some 25% in a year, sources say - photo licensed by shore news network.

By Jake Spring SAO PAULO (Reuters) -Deforestation in the world’s most biologically diverse savanna, the Brazilian Cerrado, rose by around 25% in the 12 months …

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No Renault deal by year-end as some at Nissan urge caution -sources

December 13, 2022
No renault deal by year-end as some at nissan urge caution -sources - photo licensed by shore news network.

By Maki Shiraki, Gilles Guillaume and David Dolan TOKYO/PARIS (Reuters) – Nissan Motor Co Ltd doesn’t expect to reach an agreement with top shareholder Renault …

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Citi to cut as many as 50 bankers in EMEA – sources

December 12, 2022
Citi to cut as many as 50 bankers in emea - sources - photo licensed by shore news network.

MILAN (Reuters) – Citigroup is cutting as many as 50 jobs in the Europe, Middle East and Africa (EMEA) region, two people close to the …

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Exclusive-Toyota to outline 3-year EV plan changes to suppliers -sources

December 11, 2022
Exclusive-toyota to outline 3-year ev plan changes to suppliers -sources - photo licensed by shore news network.

By Norihiko Shirouzu (Reuters) – Toyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to key suppliers early next year, …

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Toshiba’s preferred bidder moving closer to securing financing for buyout -sources

December 9, 2022
Toshiba's preferred bidder moving closer to securing financing for buyout -sources - photo licensed by shore news network.

(This Dec. 8 story has been corrected to show that valuation does not include debt, but buyout would be partly funded by loans by the …

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Exclusive-Biden administration drafting executive order to simplify space rules -sources

December 9, 2022
Exclusive-biden administration drafting executive order to simplify space rules -sources - photo licensed by shore news network.

By Joey Roulette WASHINGTON (Reuters) – U.S. President Joe Biden’s administration is drafting an executive order intended to streamline approval for private rocket launches amid …

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Japan to increase defence budget by $7.3 billion in fiscal 2023 – sources

December 9, 2022December 9, 2022
Japan to increase defence budget by $7. 3 billion in fiscal 2023 - sources - photo licensed by shore news network.

By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is set to raise defence spending by 1 trillion yen ($7.34 billion) to around 6.5 …

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Japan to increase defence budget by $7.3 billion in fiscal 2023 – sources

December 9, 2022December 9, 2022
Japan to increase defence budget by $7. 3 billion in fiscal 2023 - sources - photo licensed by shore news network.

By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is set to raise defence spending by 1 trillion yen ($7.34 billion) to around 6.5 …

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United Airlines, Boeing set to announce major 787 order -sources

December 8, 2022
United airlines, boeing set to announce major 787 order -sources - photo licensed by shore news network.

WASHINGTON (Reuters) – United Airlines plans to announce a major Boeing 787 Dreamliner order next week, two sources briefed on the matter told Reuters. United …

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Exclusive-Lukoil, U.S. private equity nearing deal on Sicilian refinery – sources

December 8, 2022December 8, 2022
Exclusive-lukoil, u. S. Private equity nearing deal on sicilian refinery - sources - photo licensed by shore news network.

By Francesca Landini, Julia Payne and Giuseppe Fonte MILAN (Reuters) – Russia’s Lukoil and U.S. private equity firm Crossbridge are close to a deal for …

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Venezuela opposition seeks to protect billions in humanitarian funds from creditors -sources

December 7, 2022

By Vivian Sequera and Mayela Armas CARACAS (Reuters) – Venezuelan opposition parties are seeking to protect billions of dollars in UN administered humanitarian funds from …

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OPEC+ will keep oil policy unchanged in review talks – sources

December 3, 2022
Opec+ will keep oil policy unchanged in review talks - sources - photo licensed by shore news network.

By Rowena Edwards and Maha El Dahan LONDON/DUBAI (Reuters) – OPEC+ will likely stick to its oil output targets when it meets on Sunday, five …

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Biden endorses placing South Carolina first in party presidential contest -sources

December 1, 2022December 1, 2022
Biden endorses placing south carolina first in party presidential contest -sources - photo licensed by shore news network.

WASHINGTON (Reuters) – U.S. President Joe Biden asked Democratic leaders to let South Carolina host the first nominating contest for the party’s presidential nomination, in …

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Islamic State names new leader after Quraishi blew himself up when surrounded -sources

December 1, 2022December 1, 2022

By Suleiman Al-Khalidi AMMAN (Reuters) – The Islamic State (IS) militant group has appointed a previously unknown figure as its head after its leader blew …

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Saudi Arabia to host China-Arab summit during Xi visit, sources say

November 30, 2022November 30, 2022
Saudi arabia to host china-arab summit during xi visit, sources say - photo licensed by shore news network.

By Aziz El Yaakoubi and Julie Zhu RIYADH/HONG KONG (Reuters) – Saudi Arabia plans to host a Chinese-Arab summit on Dec. 9 attended by Chinese …

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Renault, Nissan clear calendar for potential Dec deal -sources

November 29, 2022November 29, 2022
Renault, nissan clear calendar for potential dec deal -sources - photo licensed by shore news network.

By Maki Shiraki, Gilles Guillaume and Norihiko Shirouzu TOKYO/PARIS/BEIJING (Reuters) – Renault and Nissan have readied plans to announce a potential deal on a restructured …

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Abu Dhabi’s ADNOC working with Goldman Sachs on gas business, sources say

November 29, 2022November 29, 2022
Abu dhabi's adnoc working with goldman sachs on gas business, sources say - photo licensed by shore news network.

By Hadeel Al Sayegh DUBAI (Reuters) – Abu Dhabi National Oil company (ADNOC) has engaged Goldman Sachs to work on consolidation of its gas operations …

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Citi Mexico suitor Mifel enlists Apollo, ADIA to fund bid -sources

November 27, 2022

By Pablo Mayo Cerqueiro and David French LONDON/NEW YORK (Reuters) – Mexico’s Banca Mifel has lined up investors including Apollo Global Management and the Abu …

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Amazon settlement with EU antitrust regulators possible by year end -sources

November 25, 2022November 25, 2022
Amazon settlement with eu antitrust regulators possible by year end -sources - photo licensed by shore news network.

By Foo Yun Chee BRUSSELS (Reuters) -U.S. online retail giant Amazon may be able to end two EU antitrust investigations by the end of the …

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Exclusive-EU antitrust regulators ramp up Microsoft scrutiny, probe likely – sources

November 24, 2022November 24, 2022
Exclusive-eu antitrust regulators ramp up microsoft scrutiny, probe likely - sources - photo licensed by shore news network.

By Foo Yun Chee BRUSSELS (Reuters) – Microsoft is likely to face an EU antitrust investigation as regulators intensify their scrutiny into its practices in …

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Turkish strikes hit oil installations in northern Syria, sources say

November 24, 2022November 24, 2022
Turkish strikes hit oil installations in northern syria, sources say - photo licensed by shore news network.

By Suleiman Al-Khalidi AMMAN (Reuters) – Turkish drones are targeting key oil installations run by the Kurdish-led Syrian Democratic Forces (SDF) in northeast Syria, three …

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Stellantis stores cars in old French airfield amid delivery logjam – sources

November 23, 2022
Stellantis stores cars in old french airfield amid delivery logjam - sources - photo licensed by shore news network.

By Gilles Guillaume PARIS (Reuters) – Stellantis is using an abandoned airfield in eastern France to store cars that are ready for delivery but cannot …

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China’s Fosun seeks to sell stake in Alibaba’s logistics arm Cainiao- sources

November 23, 2022
China's fosun seeks to sell stake in alibaba's logistics arm cainiao- sources - photo licensed by shore news network.

By Julie Zhu and Kane Wu HONG KONG (Reuters) – Debt-laden Chinese conglomerate Fosun International is seeking to offload a minority stake in Alibaba Group’s …

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Exclusive-Stonepeak Partners eyes as much as $20 billion for North America infrastructure fund -sources

November 22, 2022November 22, 2022
Exclusive-stonepeak partners eyes as much as $20 billion for north america infrastructure fund -sources - photo licensed by shore news network.

By Chibuike Oguh NEW YORK (Reuters) – Private equity firm Stonepeak Partners is aiming to raise between $15 billion and $20 billion for its next …

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Turkey used U.S., Russian-controlled airspace in Syria strikes -sources

November 22, 2022
Turkey used u. S. , russian-controlled airspace in syria strikes -sources - photo licensed by shore news network.

By Orhan Coskun and Suleiman Al-Khalidi ANKARA/AMMAN (Reuters) – Turkey’s warplanes crossed into Russian and U.S.-controlled airspace for the first time to attack the Kurdish …

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