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Reuters exclusively reported that Switzerland’s competition commission favours a deeper investigation into UBS dominance of certain parts of the market after it rescued Credit Suisse last year.  The post UBS market dominance draws warning from competition watchdog appeared first on Reuters News Agency.

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.

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.

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 […]

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 […]

Reuters exclusively reported that Star Macquarie banker Nicholas O’Kane, whose resignation from the firm was announced this week less than a year after he received one of the largest pay cheques in banking, has been in talks to join Swiss commodities trading house Mercuria.  The post Australia’s highest paid banker in talks to join trader […]

Reuters exclusively reported that President Joe Biden’s administration is poised to announce an adjustment to its scientific modeling for ethanol that will show the corn-based fuel to be less effective at reducing greenhouse gas emissions than previously estimated.  The post White House set to back tougher climate model for ethanol, sources say appeared first on […]

Reuters exclusively reported that India will invite private firms to invest about $26 billion in its nuclear energy sector to increase the amount of electricity from sources that don’t produce carbon dioxide emissions.  The post India seeks $26 bln of private nuclear power investments, sources say  appeared first on Reuters News Agency.

Reuters exclusively reported that Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of more than $18 billion, including debt.  The post Occidental explores $18 bln-plus sale of Western Midstream, sources say appeared first on Reuters News Agency.

Reuters was first to report on chipmaker Nvidia’s first-quarter revenue forecast that beat expectations and sent the AI chip bellwether’s shares soaring to a record high.  The post Nvidia stock surges as revenue forecast tops estimates, AI demand continues appeared first on Reuters News Agency.