Category Archives:
ContourGlobal shares jump 33% after KKR’s $2.2bln offer
LONDON (Reuters) - Shares in London-listed ContourGlobal leapt by a third on Tuesday after U.S. private company KKR agreed to buy the power generation company for 1.75 billion pounds ($2.16 billion) i...
May 17, 2022
Credit Suisse Group rating downgraded by S&P
ZURICH (Reuters) - Credit Suisse Group AG's credit rating has been downgraded to BBB from BBB+ by Standard & Poors, a blow for the Swiss bank which reported a first quarter loss and is facing increasi...
May 17, 2022
India’s April WPI inflation accelerates to 15.08% y/y
NEW DELHI (Reuters) - India's annual wholesale price inflation accelerated to a 15.08%% in April from the previous month's 14.55%, remaining in double-digits for the 13th month in a row, government da...
May 17, 2022
Marketmind: Apocalypse now?
A look at the day ahead in markets from Dhara Ranasinghe. Bank of England boss Andrew Bailey is sorry for an "apocalyptic" view of the world, saying that monetary policy faces its biggest test in 25 y...
May 17, 2022
Exclusive-Nestle flies baby formula supplies to U.S. from Europe
By Richa Naidu LONDON (Reuters) -Nestle SA is flying baby formula supplies to the United States from the Netherlands and Switzerland to alleviate the shortage in U.S. supermarkets, the company said on...
May 17, 2022
KKR to buy UK-based ContourGlobal for $2.2 billion
(Reuters) - KKR & Co has agreed to buy London-listed power generation firm ContourGlobal for 1.75 billion pounds ($2.16 billion), as the U.S. private-equity firm seeks to expand its power and infrastr...
May 17, 2022
Mobile operator Vodafone cautious on 2023 outcome
LONDON (Reuters) -Vodafone, the European and African mobile operator, forecast earnings growth for the current year below market expectations on Tuesday, saying it hoped to deliver a resilient perform...
May 17, 2022
Russia jumps to fourth position as oil supplier to India – tanker data
By Nidhi Verma NEW DELHI (Reuters) - Russia became the fourth-largest oil supplier to India in April, with volumes set to rise further in coming months as low prices spur demand from the world's No. 3...
May 17, 2022
U.S. Congress panel to hold first UFO hearings in half a century
By Joey Roulette and Steve Gorman WASHINGTON (Reuters) - Two top U.S. defense intelligence officials were due to testify on Capitol Hill on Tuesday about what the government knows of unidentified flyi...
May 17, 2022
French unemployment slips to 14-year low in first quarter
(Corrects quarter in headline and first paragraph) PARIS (Reuters) - Unemployment in France dipped slightly in the first quarter to the lowest rate in 14 years, official data showed on Tuesday, giving...
May 17, 2022
Peoria, IL, USA
73 °F Sunny
