October 2021 – Page 4

Reuters exclusively reports Canada’s Hydro One seeking bigger M&A targets to boost customers

October 8, 2021
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Reuters exclusively reported that Canadian utility Hydro One was seeking deals worth up to C$500 million to boost its customer base. The story also revealed that the Ontario regulator was encouraging more mergers in the sector in order to help reduce power bills for customers. Hydro One was hiring more M&A bankers to execute its […]

October 8, 2021
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Reuters was first to report that Southwest Gas Holdings was in advanced talks to acquire Questar Pipeline Company, a gas transportation and storage business of Dominion Energy Inc that Warren Buffett tried to buy. Southwest Gas confirmed the $2 billion deal two days later, defying calls from activist investor Carl Icahn not to go ahead […]

October 8, 2021
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Reuters reported exclusively that India’s palm oil imports in September more than doubled from a year ago to a record 1.4 million tonnes as buyers increased purchases of refined palm oil ahead of key festivals and to take advantage of newly lowered duties. Higher purchases by India, the world’s biggest buyer of vegetable oils, could […]

October 8, 2021
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Reuters broke the news that the White House and top Democratic lawmakers have agreed to boost a tax credit for industrial carbon capture projects in a deal that could help solidify support for the budget reconciliation bill at the heart of U.S. President Joe Biden’s economic agenda. Reuters sources said the agreement would raise the […]

October 8, 2021
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Reuters examined how China’s electric carmakers are darting into Europe, hoping to catch traditional auto giants cold and seize a slice of a market supercharged by the continent’s drive towards zero emissions. Nio Inc, among a small group of challengers, has launched its ES8 electric SUV in Oslo – the first foray outside China for a […]

October 8, 2021
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Reuters reported exclusively that mining giant De Beers has commissioned a survey of the ocean floor off Greenland’s coast in a first step to determine whether it could hold deposits of highly-prized marine diamonds. Deposits of diamonds, created under high pressure in volcanoes, are known to be present onshore in west Greenland. Offshore diamonds are […]

October 8, 2021
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Reuters exclusively reported that trading firm Vitol has started taking delivery of oil from Russia’s top producer Rosneft under a new long-term supply deal as the two companies deepen their cooperation. Vitol signed a deal in September to buy nine million tonnes per year of Urals and ESPO blends, plus the Sokol grade, from Rosneft. The […]

October 7, 2021
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Reuters exclusively reported that Apple is set to be hit with a European Union antitrust charge next year over its tap-and-go NFC chip technology, a move that puts it at risk of a possible hefty fine and an order to open its payment system to rivals. The iPhone maker has been in EU antitrust chief Margrethe Vestager’s crosshairs since […]

October 6, 2021
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Reuters was first to report that the Organization of the Petroleum Exporting Countries, Russia and their allies, known as OPEC+, had decided to stick with its existing pact to gradually increase oil output. OPEC+ have faced calls from big consumers, including the U.S. and India, for extra supplies due to oil surging more than 50% […]

05 Oct 21

Reuters exclusively reports U.S. Justice Department probe into suspected manipulation of Platts benchmarks

Reuters exclusively reported that the U.S. Department of Justice is investigating suspected manipulation of energy pricing benchmarks published by S&P Global Platts, expanding the agency’s crackdown on misconduct in the global commodities market, according to four people familiar with the matter. U.S. prosecutors are probing suspected manipulative behavior by individual traders when submitting deal prices […]

Month: October 2021

Reuters exclusively reports Canada’s Hydro One seeking bigger M&A targets to boost customers

Reuters first to report Southwest Gas nears Questar deal after Buffett lost out

Reuters exclusively reports India’s palm oil imports surge after duty cut

Reuters reveals White House, top Democrats agree to boost carbon capture credit in budget bill

Reuters examines how Chinese EV makers make foray into Europe

Reuters exclusively reports Diamond giant De Beers hunts for treasure in Greenland’s waters

Reuters exclusively reports Rosneft and Vitol strike first major oil trading deal since 2013

Reuters reveals Apple to face EU antitrust charge over NFC chip; market reacts

Reuters first with news OPEC+ sticks to plan for gradual oil output hike; market reacts

Reuters exclusively reports U.S. Justice Department probe into suspected manipulation of Platts benchmarks

UAE’s ADNOC recently eyed BP as takeover target

EU’s new tech laws are working – small browsers gain market share

Biden, Kishida likely to discuss Texas bullet train project, sources say