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…
BOJ leaning towards keeping yield control steady next week – sources
By Leika Kihara and Takahiko Wada TOKYO (Reuters) -The Bank of Japan is leaning towards keeping its yield control policy unchanged at next week’s meeting, five sources familiar with its thinking said,…
Biden’s labor secretary pick Julie Su to stay in job indefinitely, sources say
By Nandita Bose WASHINGTON (Reuters) – U.S. President Joe Biden’s pick for labor secretary, Julie Su, will be kept on as acting secretary indefinitely, three sources with direct knowledge of the matter…
Dubai invites pitches for IPOs of taxi, parking assets – sources
By Hadeel Al Sayegh DUBAI (Reuters) – Dubai’s Roads and Transport Authority (RTA) has invited investment banks to pitch for roles in the planned initial public offerings of its taxi and parking…
Exclusive-China’s state banks seen selling dollars offshore to slow yuan declines – sources
SHANGHAI (Reuters) – China’s major state-owned banks were seen selling dollars to buy yuan in the offshore spot market in early Asian trades on Thursday, two people with direct knowledge of the…
Brazil eyes taxes on shareholder payouts, closed-end funds to balance 2024 budget -sources
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s government is considering changes to the taxation of closed-end funds and shareholder payouts in order to shore up revenue in next year’s…
U.S. to announce $1.3 billion in military aid for Ukraine -sources
By Mike Stone WASHINGTON (Reuters) – The United States will announce a new pledge to buy $1.3 billion worth of military aid for Kyiv in its conflict with Russia in the coming…
Exclusive-China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources
By Selena Li and Xie Yu HONG KONG (Reuters) – China’s CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut…
Insurers reviewing Black Sea ship cover after Russia quits deal -sources
By Jonathan Saul LONDON (Reuters) -Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on Monday quit a U.N.-backed deal that allows the export…
Exclusive-MoonLake Immunotherapeutics explores sale-sources
By David Carnevali (Reuters) -MoonLake Immunotherapeutics, a developer of an antibody-derived treatment for inflammatory skin conditions, is exploring a sale, according to people familiar with the matter. The company is working with…
Santander expanding investment bank in US and UK, sources
By Jesús Aguado, Andres Gonzalez and Iain Withers MADRID/LONDON (Reuters) – Santander is accelerating growth of its investment bank by hiring at least 50 bankers primarily in the United States, two people…
Rupee-UAE dirham trade mechanism may launch during Modi visit Saturday -sources
By Nidhi Verma, Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – India and the United Arab Emirates may announce the start of a rupee-dirham payment mechanism to settle bilateral trade during…
Stellantis to build new Jeep Compass as fifth model in Melfi – sources
MILAN (Reuters) – Stellantis will build the new Jeep Compass, one of the carmaker’s bestsellers in Europe, as the fifth model for its Melfi plant in southern Italy, two sources close to…
BPU pulls radical and costly Plan Ban non-electric home fuel sources in New Jersey
Trenton, NJ – In a surprising turn of events, the New Jersey Board of Public Utilities (BPU) has decided to remove the approval of a proposed “building decarbonization” plan from its agenda.…
Audi in talks to buy Chinese automaker SAIC’s EV platform -sources
SHANGHAI (Reuters) – Germany’s Audi is in talks with SAIC Motor Corp to buy an electric vehicle platform from the Chinese state-owned automaker, two people familiar with the matter said, an unprecedented…
NATO allies agree language on Ukraine membership pathway to NATO – sources
VILNIUS (Reuters) – NATO leaders have reached agreement over how to define their future relationship with Ukraine, including its membership bid, four diplomats said on Tuesday. One of the diplomats said the…
UBS shelves plan for new China fund unit, takes over Credit Suisse joint venture – sources
By Selena Li and Samuel Shen HONG KONG (Reuters) – UBS has halted plans to set up a new fund unit in China and decided to maintain ownership in a mega fund…
Exclusive-PE firms, defense companies vie for Ball Corp’s aerospace unit -sources
By David Carnevali and Mike Stone NEW YORK (Reuters) – Private equity firms Blackstone Inc and Veritas Capital Fund Management LLC are competing against large defense companies to acquire the aerospace business…
China aims to sap Taiwan morale with ‘escape plan’ misinformation – sources
By Yimou Lee TAIPEI (Reuters) – China has launched a misinformation campaign that includes news reports Taiwan’s president has an “escape plan” in the event of a Chinese invasion, aiming to sap…
Top FARC dissident leader Ivan Marquez dead -sources
By Luis Jaime Acosta BOGOTA (Reuters) -Ivan Marquez, the well-known leader of a faction of former FARC rebels who returned to arms after a peace deal with Colombia’s government, has died in…
Venezuela to regulate private shipments of food and medicine, sources say
By Mayela Armas and Vivian Sequera CARACAS (Reuters) – Venezuela is planning to introduce new regulations on courier shipments of food, medicine and other products in an effort to raise more taxes,…
Blackstone, TPG vie for U.S. fund administrator Standish -sources
By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Buyout houses including Blackstone Inc. and TPG Inc. are evaluating competing bids for a U.S. fund administrator, in a deal that may…
Biden, Erdogan meeting during NATO summit being discussed – sources
ISTANBUL/WASHINGTON (Reuters) – U.S. President Joe Biden and Turkey’s President Tayyip Erdogan may meet during next week’s NATO summit in Lithuania, sources briefed on the planning said. A brief Biden-Erdogan meeting is…
Exclusive-Raiffeisen delays quitting Russia as Austria defends ties -sources
By John O’Donnell and Alexandra Schwarz-Goerlich VIENNA (Reuters) – Raiffeisen Bank International is delaying plans to leave Russia, three people familiar with its position said, as Austria steps up its defence of…
Airbus first-half deliveries up 6% to 316 jets -sources
By Tim Hepher PARIS (Reuters) – Airbus deliveries increased by 6% in the first half of the year to reach 316 aircraft, industry sources said on Thursday. The European planemaker delivered 72…
China state lenders lower dollar deposit rates for second time in a month – sources
By Winni Zhou and Ryan Woo SHANGHAI/BEIJING (Reuters) – China’s major state banks have lowered their dollar deposit rates for the second time in a month, seven banking sources with direct knowledge…
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