Mubadala Capital to Invest $13.5B in Brazilian Biofuels
Abu Dhabi’s Mubadala Capital is gearing up for a substantial investment venture in Brazil, planning to allocate around $13.5B over the next […]
Morgan Stanley, Frasers settle UK lawsuit over $1 bln margin call
LONDON, May 3 (Reuters) – British retail tycoon Mike Ashley’s Frasers Group (FRAS.L), opens new tab has withdrawn its London lawsuit against Morgan Stanley (MS.N), […]
Westpac announces new buyback, special dividend as profit slumps
May 6 (Reuters) – Australian bank Westpac (WBC.AX), opens new tab raised its share repurchase programme by A$1 billion ($661 million) and declared a […]
Louisiana Secures $52.7 Million for Pipeline Construction and Natural Gas Infrastructure
(P&GJ) — U.S. Senator Bill Cassidy, M.D. (R-LA), announced that Louisiana has been awarded more than $52.7 million in grants from the […]
Russia’s Gazprom Sees Worst Loss in Decades as European Gas Sales Collapse
— Kremlin-owned gas giant Gazprom said on Thursday it plunged to a net loss of 629 billion rubles ($6.9 billion) in 2023, […]
ECB’s Stournaras sees just three rate cuts in 2024 on strong growth
FRANKFURT, May 3 (Reuters) – The European Central Bank is “most likely” to cut interest rates just three times this year as […]
Morgan Stanley, Frasers settle UK lawsuit over $1 bln margin call
LONDON, May 3 (Reuters) – British retail tycoon Mike Ashley’s Frasers Group (FRAS.L), opens new tab has withdrawn its London lawsuit against Morgan Stanley (MS.N), […]
Exclusive: Glencore studying an approach for Anglo American, sources say
LONDON, May 2 (Reuters) – Commodities group Glencore (GLEN.L), opens new tab is studying an approach for Anglo American (AAL.L), opens new tab, two sources […]
Deutsche Bank and union reach pay deal for Postbank employees
FRANKFURT, May 2 (Reuters) – Deutsche Bank’s (DBKGn.DE), opens new tab management has reached a pay deal with unions for thousands of workers at […]
SVB Financial to sell VC business SVB Capital
May 2 (Reuters) – Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partners will […]
Exclusive: Citigroup sees loan book hit in climate action ramp-up, document shows
NEW YORK/WASHINGTON, May 1 (Reuters) – Citigroup (C.N), opens new tab could suffer billions of dollars of losses in its loan book if the […]
EU announces 1 billion euros in aid for Lebanon amid a surge in irregular migration
BEIRUT (AP) — The European Union announced on Thursday an aid package for Lebanon of 1 billion euros — about $1.06 billion […]