Reuters exclusively reported that Japan’s Kyushu Electric Power will wait until after the United States resumes issuing export licenses for new liquefied natural gas (LNG) projects before deciding on whether to invest in the Lake Charles project. The post Japan’s Kyushu Electric to wait for US LNG policy clarity on Lake Charles appeared first on Reuters […]
Reuters exclusively reported that a U.S. threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports. The post Turkish-Russian trade hit by fresh US sanctions threat appeared first on Reuters News Agency.
Reuters exclusively reported that Nest, a 36 billion pound ($45 billion) UK workplace pension fund, expects to ramp up private assets holdings to as much as 30% of its portfolio, in one of the most significant moves into alternative investments by a large UK retirement scheme. The post Top UK pension fund Nest expects to lift […]
Reuters exclusively reported that Japan’s NEC received multiple buyout offers from global private equity funds for iPhone supplier Japan Aviation Electronics Industry before agreeing to sell back much of its 51% stake to the Japanese company at a discount, according to five people. The post NEC spurned private equity offers before selling discounted stake in […]
Reuters was first to report using confidential government documents that India fears losing out to China and Vietnam as it seeks to become a major smartphone export hub and wants to “act fast” to lure global companies with lower tariffs which it considers amongst the highest in the world. Smartphone manufacturing is a key plank […]
Reuters exclusively reported that State energy company Pemex released large volumes of methane from an oil platform in the Gulf of Mexico last year, with leaks recurring even after a United Nations agency flagged problems there to the Mexican government. The post Pemex platform in Mexico leaked clouds of methane even after UN alert appeared […]
Reuters exclusively reported that U.S. regulators asked Citigroup for urgent changes to the way it measures default risk of its trading partners. Reuters also reported exclusively that the bank’s own auditors found a plan to improve internal oversight to be lacking. The post Citi hit by new Fed rebuke, setbacks on consent orders appeared first […]
Reuters exclusively reported that Digital World Acquisition Corp (DWAC.O), opens new tab, the blank-check acquisition company that has agreed to take former U.S. President Donald Trump’s social media platform public, is nearing a $50 million financing deal. The post Trump’s media deal partner nears $50 million financing appeared first on Reuters News Agency.
Reuters exclusively reported that one of Germany’s largest landlords TAG Immobilien is bracing for a crash in home prices of up to 30%, a far steeper fall than expected by peers, news that was followed widely in the German media and grabbed the attention of analysts and investors, sending the company’s stock, and that of […]
Reuters exclusively reported that Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence (AI) processors. The post Nvidia pursues $30 billion custom chip opportunity with new unit appeared first on Reuters News Agency.