Month: January 2024

Reuters exclusively reported that Boris Nadezhdin, a 60-year-old former opposition lawmaker, is running a long-shot campaign to challenge Vladimir Putin for the Russian presidency. Nadezhdin says his call to end Russia’s war in Ukraine has put rocket boosters under his bid.  The post In Russia, anti-war candidate tries to harness protest vote against Putin  appeared […]

Reuters exclusively reported that China’s major state-owned banks moved to support the yuan on Monday, tightening liquidity in the offshore foreign exchange market while actively selling U.S. dollars onshore as equities slid.  The post China moves to support yuan as stock markets tumble appeared first on Reuters News Agency.

Reuters exclusively reported that Thailand’s central bank chief, under fire from the prime minister for not cutting rates, said slower-than-expected economic growth was not a crisis as portrayed by the government, nor would it be revived by its quick-hit stimulus measures.  The post Thai central bank chief says current policy rate neutral, economy not in […]

Reuters exclusively reported that China’s securities regulators have asked some hedge fund managers to restrict short selling in its stock index futures market, as authorities seek to stabilise sinking stocks.  The post China regulators ask funds to curb short selling of stock index futures  appeared first on Reuters News Agency.

Reuters exclusively reported that Tesla (TSLA.O), opens new tab has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood” in mid-2025.  The post Tesla plans to build new electric vehicles in mid-2025  appeared first on Reuters News Agency.

Reuters exclusively reported that Boeing issued a bulletin to its suppliers late last week that laid out practices to ensure bolts are properly torqued after multiple airlines reported loose hardware during inspections of the grounded 737 MAX 9. The post Boeing presses suppliers on tightening bolts after loose parts found in 737 MAX 9 checks  […]

Reuters was first to report that Choice Hotels International (CHH.N), pressed ahead with its $8 billion hostile bid for Wyndham Hotels & Resorts (WH.N), opens new tab on Monday by nominating a slate of directors to replace Wyndham’s eight-member board.  The post Choice Hotels nominates board directors in hostile Wyndham bid appeared first on Reuters News Agency.

Reuters exclusively reported that French telecoms group Orange (ORAN.PA), opens new tab and Spanish rival MasMovil are set to gain conditional EU antitrust approval for their Spanish tie-up. The story was picked up by Bloomberg, Seeking Alpha, MarketScreener, Telecompaper, Mobile Europe, ET Telecom, Street Insider and numerous telecoms and financial services publications.  The post Orange […]

Reuters exclusively reported that Spirit Airlines was pressing JetBlue Airways to appeal a decision by a federal judge to block the tie-up between the sixth and seventh largest U.S. airlines. Spirit told JetBlue that their deal contract required them to exhaust legal options to complete their deal, and that they should appeal the judge’s ruling, […]

Reuters was first to report that Worldline (WLN.PA), opens new tab has lined up bankers to advise on a defence strategy in a bid to reassure shareholders and avoid a hostile takeover in the wake of a share price slump.  The post Worldline taps advisers for defence strategy amid share slump  appeared first on Reuters […]