Business & FinancePolitics 04 May 2022, 11:03 am. 1 minute Reuter exclusively reported HSBC and Ping An executives plan to meet in mid-May to discuss the Chinese insurer’s proposal that the bank should explore strategic options such as spinning off its Asian business. Ping An, the biggest shareholder in HSBC, called on the London-headquartered bank last week … Read more
Business & FinanceEnergyPolitics 04 May 2022, 5:15 pm. 1 minute Shares of Chesapeake Energy Corp rose as much as 7% after Kimmeridge, an activist investment firm that focuses on oil and gas exploration and production companies, told Reuters it has built a stake in the U.S. oil and gas producer and started talks with the management team … Read more
Business & FinanceDeals 05 May 2022, 11:16 am. 1 minute Reuters exclusively reported Canada’s Brookfield Asset Management is working with banks to sell its 45% stake in French towers firm TDF Group as it seeks to capitalize on growing demand for key infrastructure assets across Europe. Brookfield has drafted in Citigroup and Credit Suisse to work on the sale which … Read more
Business & FinanceEnvironment 06 May 2022, 6:27 am. 1 minute Reuters shed light on how a record-breaking drought in Chile, the world’s no. 1 copper producer and no. 2 producer of battery metal lithium, is impacting mining operations and forcing companies to escalate their search for more sources of water, from water treatment and pricey desalination plants … Read more
Business & FinanceDealsGovernmentPoliticsTechnology 06 May 2022, 5:58 pm. 1 minute Reuters was first to report that President Joe Biden would sign a new weapons package worth at least $100 million for Ukraine, the latest in a series of transfers to help Kyiv repel Russia’s invasion. The United States has rushed $3.4 billion worth of armaments to Ukraine … Read more
Business & FinanceGovernmentPolitics 07 May 2022, 2:03 am. 1 minute Reuters exclusively reported that U.S. and Chinese regulatory officials are in talks to settle a long-running dispute over the auditing compliance of U.S.-listed Chinese firms, according to three people briefed on the matter. The standoff, if not resolved, could see Chinese firms kicked off New York bourses. The … Read more
Business & FinanceDealsEnergy 09 May 2022, 4:49 am. 1 minute Reuters exclusively revealed Germany’s VNG will transfer euro payments for Russian gas to Gazprombank in the future and expects no problems during a conversion to roubles, meeting Moscow’s key demands under a fresh payment scheme. VNG’s first detailed comments on the matter come as European buyers of Russian … Read more
Business & FinanceDealsEnergyGovernmentPolitics 09 May 2022, 3:12 pm. 1 minute Reuters reported exclusively that the Canadian government is in discussion with the companies behind two proposed east coast liquefied natural gas export facilities to see how it can speed up the projects and help boost supply to Europe. Natural Resources Minister Jonathan Wilkinson told Reuters the government … Read more
Business & FinanceDealsEnergyGovernmentPolitics 09 May 2022, 9:00 pm. 1 minute Reuters revealed that Germany and Qatar have hit difficulties in talks over long-term liquefied natural gas (LNG) supply deals amid differences over key conditions, including the duration of any contract. Germany, which aims to cut its carbon emissions by 88% by 2040, is reluctant to commit to … Read more
Radhakishan Damani promoted firm, Avenue Supermarts (DMart) shares jumped almost 4 per cent to Rs 4,091.9 per share on the BSE intraday trade on Monday after the company reported a six-fold surge in profit and revenue almost doubled during the first-quarter earnings of the financial year 2022-23 (Q1FY23). The DMart operator on July 9 reported … Read more