Month: March 2024

Glencore eyes Shell Singapore assets as CNOOC pulls out

Reuters exclusively reported that Swiss miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier suitors dropped out.  The post Glencore eyes Shell Singapore assets as CNOOC pulls out appeared first on Reuters News Agency.
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Fiserv, Amadeus vie to acquire Shift4 Payments

Reuters exclusively reported that Fiserv and Amadeus IT Group are competing to acquire Shift4 Payments, a payments processor that has a market value of nearly $7 billion.  The post Fiserv, Amadeus vie to acquire Shift4 Payments appeared first on Reuters News Agency.
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ECB to keep floor under market rates but with eye on demand 

Reuters exclusively reported that the European Central Bank will continue putting a “floor” under market interest rates in the years to come, but banks will play a greater role in deciding how much liquidity they want.  The post ECB to keep floor under market rates but with eye on demand  appeared first on Reuters News […]
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Indian state to inspect outlets of global fast-food chains after McDonald’s cheese crackdown

Reuters was first to report that India’s western state of Maharashtra will inspect outlets of global fast-food brands to check if they use cheese alternatives in products wrongly promoted as containing real cheese, widening scrutiny beyond a crackdown on McDonald’s.  The post Indian state to inspect outlets of global fast-food chains after McDonald’s cheese crackdown […]
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