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2 weeks ago | 
today.westlaw.com | Mathieu Rosemain |Jesús Aguado |Elaine Hardcastle |Kirsten Donovan
LISBON/PARIS (Reuters) -France's BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake held by U.S. private equity firm Lone Star, BPCE and Lone Star said on Friday.
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2 weeks ago | 
today.westlaw.com | Brenda Goh |Zhang Yan |Kirsten Donovan |Ethan Wang
BEIJING (Reuters) -China on Friday published draft guidance to regulate the export of data generated by cars in the country, providing a potential roadmap for companies such as Tesla that have been keen to do so.
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2 weeks ago | 
today.westlaw.com | Mathieu Rosemain |Kirsten Donovan |Andrei Khalip |Jesús Aguado
LISBON (Reuters) -U.S. private equity fund Lone Star has decided to sell its 75% stake in Novo Banco to French banking group BPCE in a deal that would value Portugal's fourth-largest lender at around 7 billion euros ($8.14 billion), Portuguese...
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2 weeks ago | 
zawya.com | Duncan Miriri |Andrew Heavens |Kirsten Donovan
NAIROBI - Afreximbank said on Tuesday the decision by Fitch ratings agency to put it on a negative outlook last week was based on a wrong interpretation of its founding treaty signed by its member states. Fitch downgraded Cairo-based Afreximbank's credit rating to BBB-, one notch above junk ratings, from BBB, citing high credit risks and weak risk management policies. It also placed it on negative watch, effectively attaching another downgrade warning.
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3 weeks ago | 
gurutrade.com | Qiaoyi Li |Zhang Yan |Brenda Goh |Kirsten Donovan
BEIJING, June 4 (Reuters) - A decline in Tesla's China-made electric vehicle sales extended to an eighth month in May, as the U.S. automaker's sales woes were compounded by brutal price wars in the world's largest auto market.
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4 weeks ago | 
today.westlaw.com | Nate Raymond |Kirsten Donovan |Marguerita Choy
(Reuters) -A federal judge prevented the Trump administration from invalidating work permits and other documents granting lawful status to about 5,000 Venezuelans, a subset of the nearly 350,000 whose temporary legal protections the U.S. Supreme...
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4 weeks ago | 
gurutrade.com | Danilo Masoni |Dhara Ranasinghe |Kirsten Donovan
European stocks' discount to Wall Street is narrowing
German stimulus, defence boost, EU integration helps
Deutsche Boerse valuation in line with US peers
Banks still below, defence stocks have surged above
MILAN, May 29 (Reuters) - A rally in Deutsche Boerse shares illustrates how Europe is bridging a value gap with its Wall Street peers, as fiscal stimulus and a shift in global capital flows help drive a broad re-rating from depressed levels.
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1 month 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 month ago | 
gurutrade.com | Kaori Kaneko |Yuka Obayashi |Kirsten Donovan |Kentaro Komiya
TOKYO, May 27 (Reuters) - The U.S. government may hold some of U.S. Steel's shares as part of a deal to allow Japan's Nippon Steel to acquire the American steelmaker, Kyodo reported on Tuesday.
The Japanese news agency said an idea had been floated for the U.S. government to hold a so-called "golden share" which would give Washington the power to veto important management matters.
Kyodo did not cite any sources for the information.
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1 month ago | 
gurutrade.com | Dan Catchpole |Allison Lampert |Kirsten Donovan
Boeing aims to stabilize 737 MAX production at 38 planes monthly
Safety concerns reported by employees rose 220% from 2023 to 2024
Machine learning used to analyze supply chain for quality issues
SEATTLE, May 21 (Reuters) - Boeing expects to stabilize 737 MAX production at 38 airplanes a month over the next couple of months, its Commercial Airplanes Vice President of Quality Doug Ackerman told reporters on Tuesday.
