Month: November 2021

Reuters broke the news that Goldman Sachs Group Inc has come up with a new offering that allows investors to bet on special purpose acquisition companies (SPACs), its latest attempt to capitalize on the dealmaking trend. Reuters sources said the bank makes money by providing investors financing to participate in the product and by keeping some of […]

Reuters revealed that media mogul Byron Allen has raised $10 billion in preferred equity and debt for his bid for the U.S. regional TV station operator Tegna Inc, hoping to prevail over a rival offer from investment firms Apollo Global Management Inc and Standard General LP. Tegna, formed from the breakup of newspaper publisher Gannett in 2015, […]

Reuters revealed that the U.S. oil and gas producer was nearing a deal to buy the Delaware Basin assets of peer Pioneer Natural Resources for more than $3 billion, expanding Continental’s operations into Texas. The companies then confirmed the deal. It is the latest sign that soaring crude prices are emboldening some U.S. energy companies […]

Reuters exclusively revealed how Myanmar’s junta is using fake social media accounts to denounce opponents and press its message that it seized power to save the nation from election fraud. The army, which was banned by the country’s dominant online platform Facebook after the Feb. 1 coup, has tasked thousands of soldiers with conducting what […]

Reuters exclusively reported that Canadian pipeline operator Pembina Pipeline Corp is asking backers of two competing proposals for carbon capture hubs in the oil-producing province of Alberta to combine efforts with its own plan. The company’s CEO told Reuters in an interview that Pembina has spoken with both groups about joining together, and talks remain […]

Reuters revealed that Acacia Research Corp had made a $790 million all-cash offer to acquire the provider of wireless communication systems for police and other emergency services. The post Reuters reveals Acacia Research seeks to buy Comtech Telecommunications appeared first on Reuters News Agency.

Reuters detailed how Asia is building nearly 200 coal-fired power stations even as world leaders meet for climate talks in Glasgow hoping to sound a death knell for coal as a source of power. Many industrialized countries have been shutting down coal plants for years to reduce emissions. The United States alone has retired 301 plants since […]

Reuters was first to report that the United States and European Union have agreed to end a festering dispute over U.S. steel and aluminum tariffs imposed by former President Donald Trump in 2018, removing an irritant in transatlantic relations and averting a spike in EU retaliatory tariffs.  The post Reuters first to report U.S., EU […]

Reuters reported exclusively on how Donald Trump’s social media deal partner took advice from a group of China-based businessmen who in the past tried their hand at businesses ranging from Spanish wine to Korean women’s fashion, and at one point had their “integrity” questioned by U.S. regulators. The post Reuters exclusively reports Trump media deal […]

Reuters reported exclusively that President Joe Biden’s administration is working with international partners to prepare new sanctions that could be levied in response to Nicaragua’s Nov. 7 election, which Washington has denounced as a sham organized by President Daniel Ortega. Biden’s administration, building on sanctions imposed by his predecessor Donald Trump, has imposed punitive financial measures and […]