Business & FinanceDeals
Reuters exclusively reported[1] that the United States is pressing Austria’s Raiffeisen Bank International, the biggest Western bank in Russia, to drop plans to buy a 1.5 billion euro industrial stake of a Russian tycoon.
Business & FinanceDeals
Reuters exclusively reported[1] that the United States is pressing Austria’s Raiffeisen Bank International, the biggest Western bank in Russia, to drop plans to buy a 1.5 billion euro industrial stake of a Russian tycoon.
Technology
Reuters exclusively reported[1] on EU antitrust chief Margrethe Vestager warning that new fees for Apple and Meta Platforms services could hinder users from enjoying the benefits of the Digital Markets Act.
Apple announced a slew of
Deals
Reuters exclusively reported[1] that the founding family behind Nordstrom Inc is seeking to take the U.S. department store operator private, six years after a similar attempt proved unsuccessful.
Nordstrom shares rose 12% to $19.22 on the
Business & Finance
Reuters exclusively reported[1] that fund manager Fidelity International is planning to lay off 20 people at its main China unit, equivalent to 16% of its headcount. The reduction coincides with a downturn in China’s markets and comes
Deals
Reuters exclusively reported[1] that Macy’s Inc has agreed to open its books to Arkhouse and Brigade Capital, a potential breakthrough in the investment firms’ $6.6 billion bid to take the U.S. department store operator private.
Read more https://www.reutersagency.com/en/reutersbest/article/macys-opens-its-books-in-company-sale-talks/
Economy
Reuters exclusively reported[1] that India’s central bank is stepping up its fight against “exuberance” in retail lending, targeting new areas including mortgage-linked “top-up” loans, on concern about rising risks to the financial system.
Technology
Reuters exclusively reported[1] that Taiwan’s TSMC is looking at building advanced packaging capacity in Japan, a move that would add momentum to Japan’s efforts to reboot its semiconductor industry.
Japan is seen as well positioned