Business & Finance
Reuters exclusively reported[1] that Norway’s $1.6 trillion sovereign wealth fund, the world’s largest, will call on emerging market companies in which it invests to appoint more women to their boards, making the policy global for
Business & Finance
Reuters exclusively reported[1] that fund management giant Fidelity International is planning to cut around 1,000 jobs globally in 2024, equivalent to around 9% of its headcount.
The cuts come at a bruising time for the
Business & Finance
Reuters exclusively reported[1] that U.S. regulators are expected to significantly reduce the extra capital banks must hold under a proposed rule that has drawn aggressive pushback from Wall Street.
Bank regulators led by
Business & Finance
Reuters exclusively reported[1] that Gulf retail giant Alshaya Group, which owns rights to operate Starbucks in the Middle East, plans to layoff over 2,000 people as the business suffers from consumer boycotts linked to the Gaza war.
Energy
Reuters exclusively reported[1] that private Indian firms have expressed interest in building at least 10 gigawatts (GW) of coal-fired power capacity over a decade, ending a six-year drought in significant private involvement in the sector.
Business & Finance
Reuters exclusively reported[1] that a group of lenders to China’s Country Garden has hired Allen & Overy and Deloitte as advisers as creditors to the embattled developer gear up for possible debt restructuring talks.
Business & FinanceEnergy
Reuters exclusively reported[1] that Singapore’s Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion