Category Archives:
Saipem core investors, banks to advance 1.5 billion euros of cash call -sources
By Andrea Mandala and Stephen Jewkes MILAN (Reuters) - Saipem core investors Eni and CDP together with a pool of banks are ready to advance 1.5 billion euros of an overall 2 billion euro capital incre...
Mar 23, 2022
Trump withdraws endorsement of Brooks for Alabama U.S. Senate seat
WASHINGTON (Reuters) - Former President Donald Trump on Wednesday withdrew his endorsement of U.S. Senate Republican hopeful Mo Brooks on Wednesday, citing the Alambama candidate's statement saying it...
Mar 23, 2022
Carlos Slim’s FCC offers to buy 24% stake in Metrovacesa
MADRID (Reuters) -Mexican billionaire Carlos Slim's Spanish construction firm FCC on Wednesday launched a tender offer for a 24% stake in real estate developer Metrovacesa, a FCC filing to the local s...
Mar 23, 2022
CVC running its eye over reorganisation at Italy’s TIM
MILAN (Reuters) -CVC Capital Partners has been looking at the reorganisation under way at Telecom Italia (TIM) for some time but has taken no decision on what to do, a spokesperson for the private equ...
Mar 23, 2022
Japan watchdog files charges against SMBC Nikko with prosecutors
TOKYO (Reuters) -Japan's Securities and Exchange Surveillance Commission on Wednesday filed criminal charges with Tokyo prosecutors against SMBC Nikko Securities and seven of its employees over allege...
Mar 23, 2022
Aegon sells Hungarian arm to VIG, acts to cut debt
(Reuters) - Aegon has completed the sale of its Hungarian arm to Vienna Insurance Group (VIG) for 620 million euros ($682 million), the Dutch insurer said on Wednesday. Aegon had announced the 830 mil...
Mar 23, 2022
BMW suspends production in China’s Shenyang due to COVID controls
SHANGHAI (Reuters) - BMW Group said on Wednesday production at all its plants in the northeastern Chinese city of Shenyang will be temporarily suspended from Thursday due to COVID control measures. Th...
Mar 23, 2022
Nestle to suspend brands in Russia including KitKat and Nesquik
By Richa Naidu LONDON (Reuters) - Nestle said on Wednesday that it is suspending brands including KitKat and Nesquik, among others, in Russia. "We are focused on providing essential foods such as baby...
Mar 23, 2022
Lanvin Group, owned by China’s Fosun, plans New York listing via SPAC
SHANGHAI/SYDNEY (Reuters) -Lanvin Group, the luxury fashion company owned by Chinese conglomerate Fosun International Ltd, said on Wednesday it plans to list in New York by merging with a special purp...
Mar 23, 2022
Amazon to open Turkey site with more than $100 million investment
ISTANBUL (Reuters) - Amazon.com Inc said on Wednesday it will set up a logistic base in Turkey to meet rising demand, with a more than $100 million investment. It said the facility will create more th...
Mar 23, 2022
Peoria, IL, USA
60 °F Partly cloudy
