Month: October 2021

Reuters exclusively reported that U.S. antitrust regulators have extended the approval process for at least five oil and gas mergers and acquisitions in the last three months, as President Joe Biden’s administration scrutinizes deals in a bid to tackle soaring energy prices. The slowdown comes amid growing pressure on policymakers to respond to consumer angst […]

Reuters was first to report that Indian Prime Minister Narendra Modi will attend the U.N. climate summit in Glasgow in a boost for efforts to agree to steeper emissions cuts in the fight on global warming. India is the world’s third-biggest emitter of greenhouse gases after China and Modi’s participation in the COP26 event, set […]

Reuters exclusively reported that Energias de Portugal is in advanced talks to buy a majority stake in Sunseap Group, in a deal that will value the Southeast Asian renewables company at around S$1 billion ($742 million) and involve substantial investments in the business. EDP Renovaveis (EDPR), 75% owned by EDP, Portugal’s biggest utility, is in late-stage […]

Reuters was first to report that Apple Inc’s talks with China’s CATL and BYD over battery supplies for its planned electric vehicle have mostly stalled after they refused to set up teams and build U.S. plants that would solely cater to the tech giant. Chinese battery makers are more advanced than rivals in the development […]

Reuters exclusively reported that Rome is drawing up an offer to try to convince Intel to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as frontrunner to land an even bigger megafactory planned by the U.S. company. The plants would be part of a drive by the U.S. group to […]

Reuters exclusively reported that the German government has cut its economic growth forecast for this year to 2.6%, but lifted its estimate for next year to 4.1% as supply problems are delaying the recovery in Europe’s largest economy. The revised government forecast for gross domestic product growth compares with an April prediction for the economy […]

Ahead of crucial COP26 climate talks in Glasgow, Reuters offered subscribers a comprehensive poll on the stakes for the global economy. The poll, the first of its kind by Reuters, surveyed a growing community of climate economists on the global cost to get to net-zero carbon emissions by 2050, as well as the appropriate minimum […]

Reuters exclusively reported SoftBank Group Corp is in talks to sell the Paris-based robotics business behind its Pepper android to Germany’s United Robotics Group, scaling back a business it once touted as a major growth driver. United Robotics Group, which is backed by German industrial robot maker Hahn, became the European master distributor for SoftBank’s […]

From Brazil’s online lender Nubank to Colombian delivery firm Rappi, Latin American tech startups raised $14.8 billion in new money during the first nine months of 2021, a jump of 174% since last year. Reuters provided a deep dive into how this boom has caught the eye of some of the biggest names in private […]

In an exclusive interview with Indonesia’s President, Joko Widodo told Reuters that the country was planning to “hit the brakes” on the export of all raw commodities in an effort to attract investment in onshore resource processing and create jobs. The government is currently conducting a study for the downstreaming of other commodities with a […]