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U.S. Senator Elizabeth Warren called for breaking up Amazon.com Inc and Indian retailers demanded a government probe of the company after a Reuters investigation showed the e-commerce giant had copied products and rigged search results in India. The Reuters report, reviewing thousands of internal Amazon documents, found that the U.S. company ran a systematic campaign of creating […]

Reuters was first to report a move by Germany’s leading economic institutes to massively downgrade their economic growth forecast for Germany in 2021 due to stubborn bottlenecks in global supply chains. Sources revealed to Reuters that the institutes – the RWI in Essen, the DIW in Berlin, the Ifo in Munich, the IfW in Kiel […]

Reuters exclusively reported that business information provider S&P Global Inc is set to secure EU antitrust approval for its $44 billion takeover of IHS Markit Ltd, taking it a step closer to becoming a data powerhouse. The deal, announced last November, reflects the consolidation in the financial information services sector as companies race to create one-stop […]

Reuters exclusively reported that a U.S. delegation would meet with the Taliban in Doha over the weekend – the first face-to-face meeting at a senior level since Washington pulled its troops from Afghanistan and the hardline group took over the country in August. Reuters revealed that U.S. Special Representative Zalmay Khalilzad, a long-time interlocutor with […]

Reuters exclusively reported that Canadian utility Hydro One was seeking deals worth up to C$500 million to boost its customer base. The story also revealed that the Ontario regulator was encouraging more mergers in the sector in order to help reduce power bills for customers. Hydro One was hiring more M&A bankers to execute its […]

Reuters was first to report that Southwest Gas Holdings was in advanced talks to acquire Questar Pipeline Company, a gas transportation and storage business of Dominion Energy Inc that Warren Buffett tried to buy. Southwest Gas confirmed the $2 billion deal two days later, defying calls from activist investor Carl Icahn not to go ahead […]

Reuters reported exclusively that India’s palm oil imports in September more than doubled from a year ago to a record 1.4 million tonnes as buyers increased purchases of refined palm oil ahead of key festivals and to take advantage of newly lowered duties. Higher purchases by India, the world’s biggest buyer of vegetable oils, could […]

Reuters broke the news that the White House and top Democratic lawmakers have agreed to boost a tax credit for industrial carbon capture projects in a deal that could help solidify support for the budget reconciliation bill at the heart of U.S. President Joe Biden’s economic agenda. Reuters sources said the agreement would raise the […]

Reuters examined how China’s electric carmakers are darting into Europe, hoping to catch traditional auto giants cold and seize a slice of a market supercharged by the continent’s drive towards zero emissions. Nio Inc, among a small group of challengers, has launched its ES8 electric SUV in Oslo – the first foray outside China for a […]