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1 week ago | 
today.westlaw.com | Elaine Hardcastle |Kirsten Donovan |Giuseppe Fonte |Valentina Za
ROME (Reuters) -Three companies based in the United Arab Emirates have approached the Italian Treasury with a proposal to buy the Russian operations of UniCredit at a steep discount, a document seen by Reuters showed. UniCredit is under pressure both...
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1 week ago | 
today.westlaw.com | Elaine Hardcastle |Conor Humphries
DUBLIN (Reuters) -OpenAI's restructuring plans position it for a potential future IPO, but any such decision would depend on the mood in public markets as well as the readiness of the company, Chief Financial Officer Sarah Friar said on Wednesday....
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3 weeks ago | 
today.westlaw.com | Maggie Fick |Stine Jacobsen |Terje Solsvik |Elaine Hardcastle
COPENHAGEN (Reuters) - Wegovy-maker Novo Nordisk ousted CEO Lars Fruergaard Jorgensen on Friday over concerns the company is losing its first-mover advantage in the highly competitive obesity drug market.
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3 weeks ago | 
mining.com | Portia Crowe |Elaine Hardcastle
A Malian court hearing scheduled for Thursday on whether to put Barrick Mining’s Loulo-Gounkoto mining complex under provisional administration has been postponed to May 22, the president of the court said on Thursday. Barrick Mining, previously called Barrick Gold, and Mali’s government have been at odds since 2023 over the implementation of a new mining code that raises taxes and gives Mali’s government a greater share in the gold mines.
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3 weeks ago | 
today.westlaw.com | Kevin Liffey |Elaine Hardcastle |Hadeel Al Sayegh |Federico Maccioni
DUBAI (Reuters) -The United States and United Arab Emirates have finalised a technology framework agreement that is expected to be signed later on Thursday during President Donald Trump's last stop of his three-country Gulf tour, a source with...
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1 month ago | 
gurutrade.com | Sergio Goncalves |Inti Landauro |Elaine Hardcastle
LISBON, May 8 (Reuters) - EDP Renovaveis, the world's fourth largest wind energy producer, said on Thursday its first-quarter net profit fell 24%, despite a solid revenue increase, as it did not make any capital gains in the period unlike a year earlier.
The renewables arm of Portugal's EDP said net profit fell to 52 million euros ($58.78 million), slightly below the 54.8 million euro average forecast by analysts polled by LSEG.
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1 month ago | 
today.westlaw.com | Amy-Jo Crowley |Elaine Hardcastle |Milana Vinn
LONDON (Reuters) -Private equity firm Apax Partners has emerged as the frontrunner to buy Finastra's treasury and capital markets (TCM) business for around $2 billion including debt, people familiar with the matter said on Friday.
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1 month ago | 
gurutrade.com | Matt Scuffham |Elaine Hardcastle
MILAN, April 10 (Reuters) - Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, in a move that unites two of the biggest names in Italian fashion.
Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss. The merger strengthens Italy's hand in a luxury industry led by French conglomerates.
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2 months ago | 
gurutrade.com | Sfundo Parakozov |Alexander Winning |Elaine Hardcastle
JOHANNESBURG, April 4 (Reuters) - The rand fell further on Friday as investors worried about the impact of U.S. President Donald Trump's sweeping tariffs and the future of South Africa's coalition government.
At 0840 GMT, the rand traded at 19.1225 against the dollar , down about 2% on Thursday's closing level and its weakest since mid-January.
The South African currency has fallen more than 3% against the dollar this week, with bigger losses against currencies like the euro and pound.
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2 months ago | 
gurutrade.com | Toby Sterling |Nathan Vifflin |Alexandra Hudson |Elaine Hardcastle
Industry groups urge focus on design, materials, and equipment First Chips Act criticized for slow EU approval process Nine EU countries form coalition to boost chip industry Subsidies needed for suppliers to enhance fab ecosystem, MEP says AMSTERDAM, March 19 (Reuters) - Computer chip makers and semiconductor supply chain firms called on the European Commission to launch a follow up to the 2023 Chips Act on Wednesday, this time focusing on chip design, materials and equipment, in addition to...
