Dinesh Nair

6 days ago | news.bloomberglaw.com | Michelle F. Davis |Dinesh Nair |Bailey Lipschultz

On April 9 attorneys at Wall Street law firm Cleary Gottlieb Steen & Hamilton started their regular monthly meeting on a downbeat note. Investors were reeling from Donald Trump’s plans for steep tariffs the week before, and the S&P 500 had dropped below 5,000 for the first time in almost a year, eviscerating stock portfolios worldwide. But shortly after 1 p.m., the president reversed course, saying he’d pause most of the levies for 90 days—sending the market into a frenzy.

6 days ago | news.bloombergtax.com | Loni Prinsloo |Anthony Di Paola |Dinesh Nair

Abu Dhabi National Oil Co.and Swiss commodities trading firm Gunvorare among companies that have been shortlisted to buy Shell Plc’s downstream assets in South Africa, according to people familiar with the matter. The two companies are strong contenders for the assets that are valued at about $1 billion, said the people, who asked not to be identified as the information is private. Previous potential bidders including Trafigura’s Puma Energy, Sasol Ltd.

1 week ago | bloomberg.com | Loni Prinsloo |Anthony Di Paola |Dinesh Nair

Shell has been looking to offload the assets, which include about 600 fuel stations and trading operations in Africa’s biggest economy, as part of a broader strategy to focus on regions and businesses that offer higher returns. (Bloomberg) -- Abu Dhabi National Oil Co. and Swiss commodities trading firm Gunvor are among companies that have been shortlisted to buy Shell Plc’s downstream assets in South Africa, according to people familiar with the matter.

1 week ago | news.bloomberglaw.com | Loni Prinsloo |Anthony Di Paola |Dinesh Nair

Abu Dhabi National Oil Co.and Swiss commodities trading firm Gunvorare among companies that have been shortlisted to buy Shell Plc’s downstream assets in South Africa, according to people familiar with the matter. The two companies are strong contenders for the assets that are valued at about $1 billion, said the people, who asked not to be identified as the information is private. Previous potential bidders including Trafigura’s Puma Energy, Sasol Ltd.

1 week ago | bloomberg.com | Michelle F. Davis |Dinesh Nair |Bailey Lipschultz

Em 9 de abril, os advogados do escritório de advocacia Cleary Gottlieb Steen & Hamilton, de Wall Street, iniciaram sua reunião mensal regular com um tom pessimista. Os investidores estavam abalados com os planos do presidente americano Donald Trump de impor tarifas elevadas na semana anterior, e o S&P 500 havia caído abaixo de 5.000 pela primeira vez em quase um ano, destruindo portfólios de ações em todo o mundo.