Ashutosh Mishra

Dec 26, 2024 | reutersagency.com | Ashutosh Mishra

Business & FinanceTechnology 1 minute The Democratic Republic of Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply chain, lawyers for the Congolese government told Reuters. Apple strongly disputes the allegations and says it has told its suppliers they must not use the minerals in question sourced from Congo or Rwanda. Why it matters Congo is a major source of tin, tantalum and tungsten,...

Dec 26, 2024 | reutersagency.com | Ashutosh Mishra

Business & FinanceDeals 1 minute Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security concerns, Nippon Steel has failed to garner approval from a powerful panel reviewing its $14.9 billion bid for U.S. Steel, a letter seen by Reuters shows. Why it matters The letter, sent Saturday, sets the stage for U.S. President Joe Biden, who has long opposed the deal, to block it. The Committee on Foreign Investment in the United...

Dec 12, 2024 | reutersagency.com | Ashutosh Mishra

Business & FinanceDeals 1 minute French payments group Worldline has attracted early stage takeover interest from private equity firms, as it grapples with a falling share price, profit warnings and leadership change, five people with knowledge of the matter told Reuters. Why it matters Discussions about a potential deal come during a challenging period for Worldline. Its shares have fallen by 92% since July, 2021 when investor enthusiasm for payments companies peaked, after recording three...

Dec 12, 2024 | reutersagency.com | Ashutosh Mishra

Business & FinanceTechnology 1 minuteAmazon shares fell 3% after a Reuters exclusive that the online retailer will likely face an EU investigation next year into whether it favours its own brand products on its online marketplace.

Dec 12, 2024 | reutersagency.com | Ashutosh Mishra

Business & Finance1 minuteJet engine maker CFM has agreed to divert some engines to Airbus to narrow a supply gap as the planemaker battles to hit end-of-year targets, three people familiar with the matter told Reuters. Article TagsTopics of Interest: Business & FinanceType: Reuters BestSectors: Aerospace & DefenceBusiness & FinanceRegions: EuropeWin Types: ExclusivityStory Types: Exclusive / ScoopMedia Types: TextCustomer Impact: Important Regional Story