Finance
/
Reuters - Business -
1 day ago
Reuters broke the news that Brazilian private equity firm IG4 Capital was bidding to buy key stakes in holding companies that control Chilean lithium miner Sociedad Quimica y Minera de Chile, known as SQM. If longtime SQM stakeholder Julio Ponce agr...
Finance
/
Reuters - Business -
3 days ago
Russia’s biggest bank Sberbank plans to expand its logistic business across the world’s largest country as it seeks to capitalize on a booming e-commerce market, Chief Financial Officer Alexandra Buriko told Reuters. As banking margins shrink, Sberb...
Finance
/
Reuters - Business -
4 days ago
Reuters was first to report that GameStop Corp is looking for a new chief executive to replace George Sherman as it pivots from a brick-and-mortar video game retailer to an e-commerce firm. It would be the biggest shakeup at GameStop since Ryan Cohe...
Finance
/
Reuters - Business -
5 days ago
Reuters exclusively reported that Abu Dhabi National Oil Company (ADNOC) and chemical producer OCI N.V., which is backed by Egyptian businessman Nassef Sawiris, are weighing an initial public offering of their fertilizer joint venture Fertiglobe. Ac...
Finance
/
Reuters - Business -
6 days ago
Reuters exclusively reported that China’s competition watchdog is adding staff and other resources as it ramps up efforts to crack down on anti-competitive behavior, especially among the country’s powerful companies. The report on Beijin...
Finance
/
Reuters - Business -
1 week ago
Reuters exclusively reported that BlackRock and Jean-Pierre Mustier’s blank-check firm are among investors expressing interest in Credit Suisse’s asset management arm, as the Swiss lender explores options for the unit after a run of costly scandals....
Finance
/
Reuters - Business -
1 week ago
Reuters was first to report China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to take the country’s no.3 search engine, Sogou, private. The regulator, State Administration of Market Regulation (SA...
Finance
/
Reuters - Business -
1 week ago
Reuters exclusively reported that Abu Dhabi National Oil Company (ADNOC) is considering listing its drilling business on the local stock market, according to three sources familiar with the matter. The oil giant, which supplies nearly 3% of global o...
Finance
/
Reuters - Business -
1 week ago
Reuters exclusively reported that the European Union has blocked shipments of 3.1 million doses of AstraZeneca’s COVID-19 vaccine to Australia, and the country has little hope of getting the remaining 400,000 doses it has been pledged on time. The e...
Finance
/
Reuters - Business -
1 week ago
The Russian central bank will consider holding or raising interest rates at its April 23 board meeting as inflation is seen hovering above the 4% target throughout 2021, the bank’s head of monetary policy, Kirill Tremasov, told Reuters. After slashi...
Finance
/
Reuters - Business -
1 week ago
Reuters reported exclusively that giant South Korea steelmaker POSCO has begun reviewing how it might end a joint venture with a firm controlled by the military in Myanmar in the wake of the coup there in February. As Myanmar’s army rulers con...
Finance
/
Reuters - Business -
1 week ago
Reuters reported exclusively that Indian state refiners will buy 36% less oil from Saudi Arabia in May than normal, in a sign of escalating tensions with Riyadh even after the Kingdom supported the idea of boosting output from OPEC and allied produc...
Finance
/
Reuters - Business -
2 weeks ago
Chinese tech giant Tencent’s Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of $10 billion last year, sources told Reuters. The $10 billion would make Timi the world’s largest develop...
Finance
/
Reuters - Business -
2 weeks ago
Reuters provided insight on how many automakers and suppliers are reaching for a new playbook after a year of getting hammered by the pandemic, a semiconductor shortage and storms. The new catchword is “resiliency,” and it cuts against t...
Finance
/
Reuters - Business -
2 weeks ago
Reuters was first to report that the White House has directed the U.S. Environmental Protection Agency to study how using renewable fuels to power electric vehicle charging could generate tradeable credits under the nation’s biofuels program....