Category Archives:
Illumina slams EU for over-extending power to assess Grail deal
By Foo Yun Chee LUXEMBOURG (Reuters) - Illumina on Tuesday slammed EU antitrust regulators for over-extending their powers when they scrutinised the U.S. life sciences company's $7.1 billion for Grail...
Syndicated Content Dec 12, 2023
Analysis-Lowball bid could spur Macy’s to look for better options
By Abigail Summerville NEW YORK (Reuters) - The investment firms that lobbed in a $5.8 billion acquisition offer for Macy's Inc are unlikely to clinch a deal but may be successful in getting the U.S. ...
Syndicated Content Dec 12, 2023
India cenbank aiming at multiple targets with simultaneous purchase, sale of dollars – bankers
By Nimesh Vora MUMBAI (Reuters) - The Indian central bank's simultaneous purchase and sale of U.S. dollars in recent weeks has puzzled bankers, who speculate there may be multiple objectives behind th...
Syndicated Content Dec 12, 2023
Uber and Carrefour Énergies partner on EV charging points
(Reuters) - Uber and Carrefour are teaming up to allow drivers of the ride-hailing company to access the French supermarket chain's charging points for electric vehicles, the companies jointly announc...
Syndicated Content Dec 12, 2023
COP28 presidency wants ‘historic’ mention of fossil fuels in text, up to nations
DUBAI (Reuters) - Cop28 Director General Majid Al Suwaidi said on Tuesday the summit's presidency wanted to include a "historic" mention on the future of fossil fuels in the next draft text for a deal...
Syndicated Content Dec 12, 2023
X-Press Feeders plans to use green methanol for ships in Europe in Q2 2024
By Jeslyn Lerh SINGAPORE (Reuters) - Singapore-based container shipper X-Press Feeders plans to use green methanol bunker to fuel part of its fleet in Europe in the second quarter of 2024, a senior ex...
Syndicated Content Dec 12, 2023
Xiaomi accuses Huawei exec of misrepresenting facts in smartphone patent spat
By Yelin Mo and Brenda Goh BEIJING (Reuters) - Chinese smartphone maker Xiaomi said on Tuesday a senior Huawei executive had seriously misrepresented facts when he claimed that rival firms were not fu...
Syndicated Content Dec 12, 2023
European shares inch up ahead of US inflation data
(Reuters) - European shares inched up on Tuesday as investors drew comfort from softer-than-expected UK wage growth data and looked forward to a crucial U.S. inflation report later in the day. The pan...
Syndicated Content Dec 12, 2023
Buyout funds Bain, Cinven mull buying Indra’s Minsait, El Confidencial says
MADRID (Reuters) - Private equity funds Bain Capital and Cinven are considering making an offer for Spanish defence company Indra's tech unit Minsait, news website El Confidencial reported on Tuesday,...
Syndicated Content Dec 12, 2023
China’s Country Garden may avoid yuan bond default after deal – Bloomberg News
(Reuters) - China's Country Garden Holdings is likely to avoid its first default on yuan bonds after most holders of a local note agreed not to demand repayment this week, Bloomberg News reported on T...
Syndicated Content Dec 12, 2023
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