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Reuters was first to report that Assa Abloy, the world’s leading lockmaker, is considering options including selling its Yale and Emtek locks brands as it seeks to overturn U.S. antitrust opposition to its planned purchase of Spectrum’s Hardware and Home Improvement. The news comes just weeks after the U.S. Department of Justice sued to block […]

Reuters exclusively reported private equity fund Carlyle Group is preparing to launch the sale of its Gabon-focused oil and gas producer Assala Energy, hoping to raise over $1 billion amid high global energy prices. The post Reuters reveals Carlyle prepares sale of Gabon oil firm Assala Energy appeared first on Reuters News Agency.

Reuters was first to report U.S. drug inspectors recently recorded several new quality-control problems at an Eli Lilly and Co plant that is already the subject of a federal investigation over manufacturing lapses, according to a government report reviewed by Reuters. The post Reuters reveals U.S. finds new quality problems at Lilly drug factory appeared […]

Reuters exclusively reported Italy favours keeping Anima Holding in domestic hands and could raise the stake in the country’s biggest independent asset manager it holds through the national post office, Poste Italiane.   The post Reuters reveals Italy moves to keep asset manager Anima in domestic hands appeared first on Reuters News Agency.

Reuters was first to report the White House has ruled out any ban or curbs on natural-gas exports this winter, in a bid to help alleviate energy shortages in Europe. In March, U.S. President Joe Biden committed to delivering 15 billion cubic metres more of liquefied natural gas to Europe following Russia’s invasion of Ukraine; […]

Reuters exclusively revealed Philip Morris is set to win unconditional European Union antitrust approval for its $16 billion bid for tobacco and nicotine products maker Swedish Match. Marlboro-maker Philip Morris announced its cash offer for the Stockholm-based group at 106 crowns per share in May, seeking to expand in the fast-growing market for cigarette alternatives. […]

Reuters was first to report Germany is in advanced talks to provide billions of euros in additional guarantees to Sefe, formerly Gazprom Germania, to ensure the company can honour a major contract to supply gas to German importer VNG. The post Reuters reveals Germany in talks to provide more state aid for gas imports appeared […]

Reuters was first to report Reliance Jio will soon launch a laptop priced at just 15,000 rupees – one of the cheapest on offer in India, aiming to replicate the success of its low-cost phone. Indian billionaire Mukesh Ambani’s Reliance is known for disrupting businesses with cut-throat price offerings. Jio, its telecoms unit, has been […]

Reuters exclusively revealed more than a dozen senior Indonesian government and military officials were targeted last year with spy software designed by an Israeli surveillance firm. The targets included Chief Economic Minister Airlangga Hartarto, senior military personnel, two regional diplomats, and advisers in Indonesia’s defence and foreign affairs ministries.  The post Reuters reveals senior Indonesian […]

Reuters exclusively revealed that JPMorgan Chase & Co plans to hire about 2,000 engineers worldwide through the end of the year in software engineering, data science, cybersecurity and cloud computing, despite a worsening economy. Some technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic growth slows. The post […]