Weekly_022224_Occidental

Business & FinanceDeals

Reuters exclusively reported[1] that Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of more than $18 billion, including debt. 

Market

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Weekly_022224_Tiktok

Technology

Reuters exclusively reported [1]that the European Commission has opened formal proceedings against ByteDance’s TikTok under the Digital Services Act (DSA) to see if the social media platform is doing enough to protect children. 

Market Impact

Tik

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Weekly_021524_NEC

DealsTechnology

Reuters exclusively reported[1] that Japan’s NEC received multiple buyout offers from global private equity funds for iPhone supplier Japan Aviation Electronics Industry before agreeing to sell back much of its 51% stake to the Japanese company

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Weekly_021524_India IT

Technology

Reuters was first to report[1] using confidential government documents that India fears losing out to China and Vietnam as it seeks to become a major smartphone export hub and wants to “act fast” to lure global companies with lower tariffs

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