Keyword "PVE" - List of latest news (1 814 results)

08:17 Yale University explores sale of private equity fund interests

Yale University said on Tuesday it was exploring a sale of private equity fund interests and was being advised by investment banking firm Evercore.

08:17 Exclusive: China EV giant BYD reboots Europe operations after strategic stumbles, sources say

China's leading EV maker BYD is overhauling its European operations after strategic missteps including failures to sign up enough dealers and hire executives with local-market knowledge and to offer hybrids in markets resistant to fully electric vehicles, six current and former BYD executives said.

03:43 Focus: Hyundai Steel's $6 bln US investment draws investor ire, tests Seoul's tariff strategy

In late March, as investors kept hammering Hyundai Steel shares after the South Korean steelmaker announced a $6 billion investment in the U.S., the company organised a call with a dozen investors to calm nerves over the project that lacked detailed funding plans.

23:51 Elliott wants BP to boost free cash flow to $20 billion by 2027, source says

Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant spending cuts and cost reductions, a source familiar with the situation said on Tuesday.

22/04 Gulf issuers plan more debt sales, undeterred by recent market turmoil, sources say

Gulf issuers, including Saudi Arabia's $925 billion sovereign wealth fund, are working on a round of bond offerings, according to sources, braving debt markets despite recent turmoil ignited by U.S. President Donald Trump's tariff policies.

22/04 Advisory firms Baker Tilly and Moss Adams set to merge in $7 billion deal

Baker Tilly said on Monday that it will merge with Seattle's Moss Adams in a $7 billion deal that will create the sixth-largest advisory CPA firm in the United States.

21/04 GameStop CEO must face Bed Bath & Beyond lawsuit

Ryan Cohen, the billionaire chief executive of GameStop , must face a lawsuit by the company once known as Bed Bath & Beyond to recoup $47.2 million of profit from trading its stock before the home goods retailer went bankrupt.

21/04 Singapore's Keppel gets $1.5 billion in capital commitments for its funds

Keppel , a Singapore-based manager and operator of assets such as data centres, said on Monday that it has secured close to S$2.0 billion ($1.53 billion) of capital commitments from global institutional investors for its flagship funds.

19/04 Bankers get creative to sign M&A deals in Trump's trade war

Deal sweeteners and clauses protecting against slumping markets abound.

17/04 Playoffs begin after chaotic season of shock player, personnel moves

The NBA Playoffs tip off on Saturday after a dramatic 2024-25 season of twists and turns, with shock firings, a record team sale and the Luka Doncic trade heard around the world.

17/04 Russian barriers to re-entry stymie prospects of Western companies' return

Three months after U.S. President Donald Trump returned to the White House promising a swift end to the conflict in Ukraine and sparking an early flurry of excitement that Western companies could come flooding back to Russia, realism has set in.

17/04 Exclusive: Musk's SpaceX is frontrunner to build Trump's Golden Dome missile shield

Elon Musk's SpaceX and two partners have emerged as frontrunners to win a crucial part of President Donald Trump's "Golden Dome" missile defense shield, six people familiar with the matter said.

17/04 Kenya land standoff sends warning to foreign-owned tea estates

A dispute between a British-owned tea plantation and a local community in western Kenya has come to the boil in what could be a sign of turbulent times ahead for tea producers facing a growing backlash over colonial-era injustices.

16/04 Figma confidentially files for much awaited US IPO after $20 billion Adobe deal collapse

Cloud-based designer platform Figma on Tuesday confidentially filed for an initial public offering in the United States, more than a year after a $20 billion deal to be acquired by Adobe was shelved due to regulatory roadblocks.

15/04 US SEC leaders push back as Musk's DOGE seeks broad access, source says

Elon Musk's Department of Government Efficiency is seeking access to U.S. Securities and Exchange Commission data, including email communications, according to a source familiar with the matter.

15/04 KKR nears acquisition of German IT services firm Datagroup, sources say

Private equity firm KKR is close to acquiring Frankfurt-listed IT services provider Datagroup , people familiar with the matter told Reuters on Tuesday.

14/04 Intel to sell majority stake in Altera for $4.46 billion to fund revival effort

Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move under new CEO Lip-Bu Tan to revive the struggling American chipmaker.

14/04 Trump health policy uncertainty sends biotech sector into deeper slump

Trump administration cuts across federal health agencies have sent shivers through a biotech industry already struggling through a prolonged downturn, increasing concerns they will have a harder time getting products approved, investors, company executives and analysts said.

12/04 Exclusive: Alphabet, Nvidia invest in OpenAI co-founder Sutskever's SSI, source says

Alphabet and Nvidia have joined prominent venture capital investors to back Safe Superintelligence (SSI), a startup co-founded by OpenAI's former chief scientist Ilya Sutskever that has quickly risen to become one of the most valuable artificial intelligence startups months after its launch, a source familiar with the matter said.

11/04 Space startups face uncertainty as US cuts federal spending, report says

U.S. federal budget cuts have started to have some early impact on space startups after funding for such companies dropped 12.5% in the first quarter, according to investment firm Seraphim Space.

11/04 BlackRock assets hit record but Fink warns of market anxiety

BlackRock's assets increased to a record high value in the first quarter, but the CEO of the world's largest asset manager said anxiety was dominating markets, even if the recent selloff did not pose risks to financial stability.

11/04 OPEC output hikes, trade wars have US oil producers wary of 'drill baby drill'

President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil industry is actually starting to think about cutting output and jobs due to a double whammy of higher crude output from OPEC and on-again, off-again tariffs that have dented demand.

10/04 Private credit secondary sales set to rise as market turmoil spurs hunt for cash

Investors are preparing to step up sales of their private credit holdings, as heightened market volatility unleashed by U.S. President Donald Trump's trade wars forces them to find new ways to raise cash, fund managers and executives say.

10/04 Intel CEO Lip-Bu Tan's wide-ranging investments in China

The following are some key investments and their connections to Chinese state entities Lip-Bu Tan has made through Walden International, the San Francisco venture capital firm he founded in 1987, and two Hong Kong-based holding companies.

10/04 Intel CEO invested in hundreds of Chinese companies, some with military ties

Lip-Bu Tan, the man chosen to lead Intel, the U.S.'s largest chip maker, has invested in hundreds of Chinese tech firms, including at least eight with links to the People's Liberation Army, according to a Reuters review of Chinese and U.S. corporate filings.

10/04 Wall Street's response to tariff shock: client calls and bonus worries

With markets crashing after U.S. President Donald Trump announced his latest tariffs, Citigroup’s banking head Viswas Raghavan called a global meeting of senior bankers on Monday and told them to get on the phone with their clients.

10/04 Wall Street bosses fear anti-American backlash as Trump's trade war intensifies

Wall Street bosses are girding for Europe to sideline American investment banks in response to the tariff war unleashed by U.S. President Donald Trump, fearing client boycotts and in a worst-case scenario, even formal restrictions.

10/04 Venezuela's oil flows again, after a week of panic

Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long hiatus at the country's ports after the U.S. applied tariffs that President Donald Trump imposed on importers of the OPEC nation's oil, according to shipping data and documents.

09/04 Explainer: What is PISCES and can it herald a UK capital markets revolution?

Britain's Financial Conduct Authority (FCA) has set out proposals for a new platform - The Private Intermittent Securities and Capital Exchange System (PISCES) - to enable trading of shares in private companies.

09/04 Banks to battle exchanges for fees on Britain's new private share trading platform

Britain's hopes of an equity capital market revival are weighing heavily on a secondary share trading platform that is sowing discord in the finance sector months before its launch.

08/04 Exclusive: Andreessen Horowitz seeks to raise $20 billion megafund amid global interest in US AI startups

Venture capital firm Andreessen Horowitz is seeking to raise about $20 billion in what will be the largest fund in its history, to capitalize on global investors' interest in backing U.S. artificial intelligence companies, sources told Reuters.

08/04 China state firms vow to boost share purchases to calm markets

Several Chinese state holding companies vowed on Tuesday to increase share investment while a slew of listed companies announced share buybacks as Beijing stepped up efforts to stabilise a stock market rocked by U.S. tariff woes.

08/04 Senator Warner says new Trump TikTok extension may violate law

The top Democrat on the Senate Intelligence Committee said on Monday that President Donald Trump's decision to extend a deadline for China-based ByteDance to divest short video app TikTok's U.S. assets violates the law.

04/04 Tariff turmoil puts a freeze on global M&A dealmaking

From Wall Street to Israel and Sweden, U.S. President Donald Trump's new tariffs -- and the global equities sell-off they sparked -- have rapidly scuttled acquisitions and IPOs.

04/04 Trump TikTok sale deadline looms as US looks for deal

China's ByteDance faces a Saturday deadline to sell the U.S. assets of TikTok to a non-Chinese buyer, which was imposed by President Donald Trump in January, or face a ban that was supposed to take effect in January under a 2024 law. Trump said Thursday his administration is "very close" to reaching a deal on TikTok, with multiple investors involved.

04/04 Exclusive: Hailey Bieber explores sale of her makeup brand Rhode, sources say

Model Hailey Bieber is exploring a sale of her makeup brand Rhode that could be worth more than $1 billion, according to three people familiar with the matter.

03/04 Breakingviews - Silver Lake’s sharp elbows risk being dislocated

Egon Durban is used to getting the better end of a deal. The co-CEO of private-equity shop Silver Lake has guided U.S. technology and media titans like $790 billion Broadcom and $66 billion Dell Technologies through canny buy-and-build sprees. At key moments, though, he has reached into a toolbox that includes finely crafted structures conferring an advantage on insiders, angering rabble-rousers l

02/04 OnlyFans founder, crypto foundation submit late-stage bid to buy TikTok

A startup run by Tim Stokely, founder of adult content social media site OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Chinese owner ByteDance, the two said on Wednesday.

02/04 Breakingviews - China's love of open-source AI may shut down fast

Following DeepSeek's release of its cutting-edge and free large language model early this year, Meta's chief artificial intelligence scientist Yann LeCun corrected those who surmised China is surpassing the United States in the technology. A correct reading, he said, is "open source models are surpassing proprietary ones". What's less clear, though, is how long China will flood the world with its

02/04 Coffers swelling on Wegovy sales, Novo Holdings doubles income and returns in 2024

Novo Holdings, the controlling shareholder of obesity drugmaker Novo Nordisk , nearly doubled annual income and investment returns to a record 8 billion euros ($8.66 billion) in 2024, it said on Wednesday.

01/04 Couche-Tard, 7-Eleven face early hurdle on store divestiture plan

Convenience store chain giants Couche-Tard and Seven & i , who are taking steps to divest thousands of stores they collectively own in North America to ease regulatory concerns ahead of a potential merger, are faced with an early test for the plan - attracting rival suitors for the stores.

01/04 Exclusive: Arm recently sought to acquire Alphawave for AI chip tech, sources say

SoftBank-owned chip tech provider Arm Holdings recently sought to acquire UK-based Alphawave to secure a crucial technology for building its own artificial-intelligence processors, according to three sources familiar with the matter.

01/04 Global deal activity disappoints, M&A revenue falls as Trump pursues tariffs

A global trade war kicked off by U.S. President Donald Trump and the ensuing market turmoil soured bankers' predictions for a robust start to a blockbuster year for deals on Wall Street.

01/04 Tesla car sales in France, Sweden drop to lowest first-quarter in four years

Tesla's sales in France and Sweden fell year-on-year for a third consecutive month in March, contributing to the lowest first-quarterly sales figures in the two countries since 2021 for Elon Musk's electric car brand, data showed on Tuesday.

01/04 Lightmatter releases new photonics technology for AI chips 

Lightmatter, a startup valued at $4.4 billion, on Monday released two pieces of technology aimed at speeding up the connections between artificial intelligence chips.

01/04 OpenAI to raise $40 billion to boost AI efforts

OpenAI said on Monday it would raise $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to advance AI research, expand computational infrastructure and enhance its tools.

01/04 Restaurant chain Hooters files for bankruptcy to enable founder-led buyout

Restaurant chain Hooters of America filed for bankruptcy in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group backed by the company’s founders.

31/03 Europe's defence challenge energises young techies at hackathon

A weekend hackathon in Amsterdam aimed at finding fast-and-cheap battlefield solutions for Ukraine drew more than 100 young programmers and engineers, with many saying Europe's rearmament plans were prompting them to consider careers in defence.

31/03 Exclusive: Italy mulling hiking thresholds for mandatory takeover bids, sources say

Italy is considering raising the ownership thresholds that trigger mandatory takeover bids in public companies, three sources familiar with the matter told Reuters, as part of plans to spur the country's underdeveloped capital market.

31/03 Exclusive: Brookfield nears $9 billion-plus deal for Colonial Pipeline, sources say

Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system, for more than $9 billion including debt, people familiar with the matter said on Monday.

31/03 Google-backed AI drug discovery startup raises $600 million

Isomorphic Labs, which uses artificial intelligence technologies for drug discovery, has raised $600 million in its first ever external funding round led by Thrive Capital, the startup said on Monday.

31/03 Aston Martin gets further $68 million funding, to sell stake in F1 team

Aston Martin said on Monday Chairman Lawrence Stroll's Yew Tree Consortium would invest a further 52.5 million pounds ($67.98 million) in the luxury carmaker and increase its stake to about 33%.

29/03 Poste to become Telecom Italia's No.1 investor by buying 15% from Vivendi

Poste Italiane has agreed to buy the bulk of Vivendi's stake in Telecom Italia to replace the French group as the main investor in the phone group with a 24.8% holding, Poste said on Saturday.

29/03 Juventus says it may need more cash, secures $16 million from the Agnellis

Juventus may need more money to steady its finances after parting ways with manager Thiago Motta, the Italian soccer club said, adding its top shareholder had agreed to provide 15 million euros ($16 million) ahead of a potential share issue.

28/03 Exclusive: Buyout, aerospace firms close in on $8 billion-plus Boeing navigation unit, sources say

Several private equity firms and at least one aerospace supplier are among the remaining bidders competing to buy Boeing's Jeppesen navigation unit for more than $8 billion, according to people familiar with the matter.

28/03 Exclusive: Blackstone evaluates taking a stake in US TikTok spinoff, sources say

Private equity firm Blackstone is evaluating taking a small minority investment in TikTok's U.S. operations, according to two people familiar with the matter.

28/03 Kushner's Affinity's assets jump to $4.8 billion after Gulf cash injection

Jared Kushner's investment company Affinity Partners saw assets under management jump 60% last year to $4.8 billion, according to a regulatory filing, after it received a cash injection from Middle East investors including Qatar's sovereign wealth fund.

28/03 CoreWeave valued at $22.7 billion as shares dip in muted Nasdaq debut

CoreWeave's shares opened nearly 3% below their offer price in its Nasdaq debut on Friday, giving the Nvidia-backed AI infrastructure firm a valuation of $22.7 billion on a fully diluted basis.

28/03 Unipol targets higher profits, dividends in new plan

Italian financial group Unipol aims to make a total net profit of 3.8 billion euros ($4.1 billion) over the next three years as it invests in technology and bancassurance to bolster its core insurance business.

28/03 Trump's erratic tariff policy shakes confidence in Europe's market bull run

Investors are calling time on a rally in European stocks and the euro after a blistering first quarter that many fear has exaggerated how fast a planned public spending boom can revive the region's still sluggish economy and shore it up against trade war risks.

27/03 Exclusive: Energy trader Vitol eyes $3 billion sale of US shale producer, sources say

Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. shale oil and gas producer at as much as $3 billion, including debt, people familiar with the matter said.

27/03 Next CEO's billion pound milestone stirs succession concern

British clothing retailer Next joined the one billion-pound profit club on Thursday, but while investors celebrate, they are also starting to worry about the lack of a clear succession plan for its star CEO of 24 years Simon Wolfson.

27/03 Ex-Intel CEO Gelsinger joins venture capital firm Playground Global

Pat Gelsinger, the former CEO of Intel , on Wednesday joined venture capital firm Playground Global as a general partner and also joined the board of a startup working to improve a key chip manufacturing tool.

26/03 Wall Street ends down sharply on tariff worries; Nvidia and Tesla drop

Wall Street stocks ended sharply lower on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about long-promised U.S. tariffs on automotive imports.

25/03 China's Xiaomi raises $5.5 billion in share sale as EV plans ramped up

China's Xiaomi Corp said on Tuesday it had raised $5.5 billion in an upsized share sale as the company pushes forward with its ambitious electric vehicle manufacturing plans.

25/03 Trump policy swerves spur Europe into action, but any 'Europhoria' may be premature

Trump's threats on tariffs and questioning of America's future security role in Europe have drawn an energetic response, perhaps best symbolised by Germany's plans to spend hundreds of billions of euros on defence and infrastructure.

24/03 Rush to Russian assets belies 'permafrost' some investors fear

Large fund managers expect the bulk of Russia's assets to remain closed to Western investors, despite a flurry of "exotic" trades betting on a rapprochement between Moscow and Washington.

24/03 US stock futures jump on Trump's softened tariff stance

Technology stocks led Wall Street's surge on Monday after signs the Trump administration is taking a measured approach on tariffs against its trading partners.

24/03 US retailers haggle with suppliers after Trump tariffs

U.S. retailers Walmart and Target are bickering behind the scenes with their suppliers over proposed price hikes on everything from cake pans, tote bags and toys to other merchandise.

24/03 DNA testing firm 23andMe files for bankruptcy to sell itself; CEO leaves after failed bids

Genetic testing firm 23andMe said on Sunday it filed for filed for Chapter 11 bankruptcy protection in the U.S. to help the $50 million company sell itself and that co-founder and CEO Anne Wojcicki had resigned after multiple failed takeover bids.

24/03 Klarna IPO filing spurs hope of British fintech listings

Klarna's upcoming U.S. initial public offering could help unlock a pipeline of British fintech flotations after a barren period for new technology listings, investors, lawyers and an executive told Reuters.

22/03 Existing ByteDance investors emerge as front-runners in TikTok deal talks

White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and acquire the short video app's U.S. operations, according to two sources familiar with the discussions.

21/03 Gene therapy loses luster as investors eye quicker returns from weight-loss drugs

Gene therapy, with its offer of a possible cure for rare diseases like sickle cell, is losing early investors to higher-reward sectors like obesity and cancer, as sales for some of the new treatments fall short.

20/03 In the Market: How Trump is driving Asia to diversify away from US

President Donald Trump's tariffs and other policies have some financiers and officials in Asia predicting the remaking of the post-World War II economic order, leading to an urgent quest to diversify away from America. But it's not proving to be easy.

20/03 Berlin debt splurge turns screws on flagging German property

Berlin's borrow-to-spend splurge is driving up borrowing costs, further choking embattled property companies seeking fresh loans and threatening to compound the country's wider economic woes.

10/03 U.S. casino group Bally's says it's willing to rescue Australia's Star

U.S. casino group Bally's has offered Australia's Star Entertainment a A$250 million ($158 million) recapitalisation package that could give it majority control, adding it was "very open" to discussing a larger transaction.

09/03 Kantar owners eye break-up of group, $6.5 billion Worldpanel sale, reports say

Market research group Kantar's owners are exploring the sale of its Worldpanel division for 5 billion pounds ($6.5 billion) or more, Sky News reported on Sunday, while in a separate report the Financial Times said Kantar is set to be broken up and sold.

09/03 Virgin Group aims to raise $900 million for rail service bid, company says

British billionaire Richard Branson's Virgin Group aims to raise 700 million pounds ($900 million) to fund its plan to launch cross-channel rail services as it looks to compete with Eurostar, the company said on Sunday.

07/03 Focus: New York workers’ return to office ignites deal hopes in battered real estate market

Investors including Blackstone and wealthy individuals are scouting for office properties in New York as companies call employees back to the office, fueling a nascent recovery in the battered commercial real estate market.

07/03 Couche-Tard executives to visit Tokyo to speak on $47 billion Seven & i bid

Canada's Alimentation Couche-Tard said on Friday its top executives will visit Tokyo to speak with media about its $47 billion bid to buy 7-Eleven convenience store operator Seven & i Holdings .

07/03 US FTC sues to block private equity buy of medical company

The U.S. Federal Trade Commission sued on Thursday to block medical device coatings maker Surmodics' acquisition by private equity firm GTCR, saying the deal would contribute to high healthcare costs.

06/03 Walgreens to be taken private by Sycamore in $10 billion deal

Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion, the buyout firm said on Thursday, closing out nearly a century of trading on public markets for the U.S. pharmacy giant.

06/03 Japan's Seven & i set to announce new CEO and restructuring plan, say sources

Seven & I Holdings , the Japanese operator of the 7-Eleven convenience store chain, is expected to announce on Thursday a change of CEO and plans to restructure its business, sources said, in the face of a $47 billion foreign takeover bid.

04/03 Venezuela's oil exports rose in Feb ahead of Chevron's license termination

Venezuela's exports of crude and fuel rose in February to their highest since November, vessel monitoring data showed, as the U.S. prepared to terminate a key license that allows oil major Chevron to operate and ship crude from the country.

03/03 China's Zhipu AI raises $137 million as state funds bet on AI race

Chinese artificial intelligence startup Zhipu AI has raised more than 1 billion yuan ($137.22 million) in fresh funding, months after securing a 3 billion yuan investment.

03/03 As Trump and Zelenskiy clash, Ukraine minerals bonanza remains distant prospect

On snow-covered fields in central Ukraine, where some of the country's biggest proven lithium deposits are located, a small team of ecological consultants drop sensors into holes in the earth to measure water levels.

25/01 Ben & Jerry's accuses Unilever of muzzling it because of Trump

Ben & Jerry's wants a court order freeing the board to continue oversight of its social mission, and requiring Unilever to honor its commitment to make $25 million of payments to groups chosen by the ice cream company.

25/01 Crypto markets steady after Trump's first policy move

Crypto markets crept up on Friday, still holding below recent highs even after President Donald Trump ordered a new working group to draw up crypto regulations long hoped for by the industry and explore the creation of a U.S. cryptocurrency stockpile.

24/01 Explainer: How billionaire Caltagirone could influence Italy's banking M&A wave

Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy's financial sector that is currently under way.

24/01 Appetite for IPOs is strong, but watch those valuations, analysts say

The tepid reception to Venture Global's ambitious valuation target shows companies need to set realistic expectations when going public, Wall Street analysts said, and could be a signal that the recovery in new offerings may be a cautious one.

24/01 Monte dei Paschi launches $13.9 billion takeover bid for Mediobanca

Bailed-out lender Monte dei Paschi di Siena launched a $13.9 billion all-share buyout offer for Mediobanca, in the latest surprise twist of a complex Italian banking saga.

24/01 Billionaire McCourt says he is open to teaming up on a TikTok bid

U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.

24/01 Crypto's charms leave some investors in Davos cold

Despite watching Bitcoin's scorching run past $100,000 and the inauguration of Donald Trump, who has pledged to be a "crypto president" in the U.S., some of the world's largest investors said this week they still plan to stay on the sidelines.

23/01 Trump orders crypto working group to draft new regs, explore crypto stockpile

U.S. President Donald Trump on Thursday signed an executive order creating a cryptocurrency working group tasked with proposing a new regulatory framework for digital assets, and exploring the creation of a cryptocurrency stockpile.

23/01 Focus: Behind $500 billion AI data center plan, US startups jockey with tech giants 

This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector.

23/01 Fed axed diversity section from website around time of Trump's executive order

The Federal Reserve has scrubbed a "Diversity and Inclusion" section from its website, with previous links to a statement of the U.S. central bank's diversity standards and data on the racial, ethnic and gender makeup of its economists and researchers now defaulting to its home page.

23/01 Exclusive: The Trump connection - Why some bought World Liberty Financial tokens

Trump’s crypto ventures are raising concerns among ethics experts and market participants about the dangers of conflicts of interest and potential for influence over the administration.

23/01 Breakingviews - Nissan-Honda deal faces big problems in China

If there's one thing executives at Honda Motor and Nissan Motor need to fix first when - and if - they merge, it's their China business. The Japanese duo's sales have been falling for years in the world's largest car market. Joining forces would allow them to cut costs, not least on the new electric vehicles they need to vie with dominant rivals like BYD . But it's a go-slow tie-up, and their join

22/01 Trump's DEI cuts force Davos elite to find new words for diversity

President Donald Trump's escalating pressure on the private sector to ditch diversity programs has left some in Davos searching for new words to describe workplace practices they say are essential to their businesses.

22/01 Meta backs data analytics firm Databricks as AI boom attracts investors

Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the data analytics startup's expansion plans and new product development.

22/01 Private equity mega-exits become more valuable amid slow investor payouts

Calpine Corp's $16.4 billion sale to Constellation Energy is set to generate a handsome windfall for the power producer's owners, but has also stoked hopes within the private equity world that similar mega-exits may help an industry struggling to return investor cash.

22/01 Exclusive: Warren Buffett's Pilot Co shuts oil trading business, sources say

Warren Buffett's Pilot Co is shuttering its international oil trading business, ending an excursion into the trillion-dollar global market to refocus on its Pilot Flying J service stations and truck stops in the U.S., three sources told Reuters on Tuesday.

21/01 Exclusive: Aramco chief expects additional oil demand of 1.3 mln bpd this year

Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels per day of demand this year.

20/01 Vivendi's new 'galaxy' of companies needs more time to explain strategy, analysts and investors say

Vivendi management and bosses of some of its newly spun out companies - Canal+, Havas and Louis Hachette Group - need to lay out more clearly their strategies to convince investors the break-up was worth it, analysts and investors said.

20/01 Trump's inauguration poses new test for Western firms in Russia

His second term may give some companies the political cover to stay on in Russia.

19/01 Generali's investment committee backs Natixis asset management deal, sources say

The investment committee of Generali has given its green light to the Italian insurer's planned asset management deal with Natixis Investment Managers, two sources close to the matter said on Sunday.

18/01 State-owned SEPI proposes to replace Telefonica CEO

Spanish telecom giant Telefonica's board agreed on Saturday to appoint defence company Indra's chairman Marc Murtra as its new CEO, replacing Chief Executive Jose Maria Alvarez-Pallete following a request from state-owned fund SEPI.

17/01 Trump’s second term marks new cryptocurrency era

Advocates and holders of crypto will soon influence U.S. policy on the emerging technology after a slew of nominations and advisory appointments by President-elect Donald Trump, who takes office on Monday.

16/01 Exclusive: Chinese buyers interested in unwanted German Volkswagen factories, source says

Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen's sites , a person with knowledge of Chinese government thinking told Reuters.

16/01 Hindenburg founder to close short-seller behind Adani, Nikola selloffs

Hindenburg Research's founder said he would disband the firm whose reports sparked heavy selling by investors and investigations by authorities, wiping billions from the market values of companies including India's Adani Group and U.S.-based Nikola .

16/01 London’s withering AIM market set to lose more members this year

An exodus of companies from London's Alternative Investment (AIM) market is set to accelerate into 2025, even as Britain's policymakers try to revive the country's capital markets, bankers and financial advisers to AIM companies told Reuters.

15/01 U.S. Presidio Investors takes over Italy's Hellas Verona

U.S. private equity firm Presidio Investors has completed a deal to buy struggling Italian soccer club Hellas Verona from Italian entrepreneur Maurizio Setti, the Serie A side said on in a statement on its website on Wednesday.

15/01 Jared Kushner advises from afar as Ivanka Trump opts out of role in father's second term

Ivanka Trump and her husband Jared Kushner enjoyed largely unfettered access to Trump in his first term and were influential on a vast portfolio including Middle Eastern peace negotiations and COVID-19 vaccine development.

15/01 Space startup funding set for boost from US-China rivalry in 2025, report says

Funding in the space industry is set to receive a boost this year from growing U.S.-China tensions, after startups in the sector clocked $8.6 billion in investments in 2024, according to a report by investment firm Seraphim Space.

15/01 China’s RedNote: what you need to know about the app TikTok users are flocking to

Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video app in the United States.

14/01 Over half a million ‘TikTok refugees’ flock to China's RedNote 

New users have piled in to Chinese social media app RedNote just days before a proposed U.S. ban on the popular social media app TikTok, as the lesser-known company rushes to capitalize on the sudden influx while walking a delicate line of moderating English-language content, sources told Reuters.

14/01 Los Angeles money managers overseeing $4 trln grapple with wildfire impact on operations, staff

Los Angeles-based asset management firms overseeing more than $4 trillion in assets are grappling with the impact of the region's destructive wildfires on their operations, with some relocating office space and supporting staff members who have lost their homes.

14/01 Sandy Hook families reach settlement over Alex Jones' bankruptcy

Families who have sued Alex Jones over his false claims about the Sandy Hook massacre have resolved their disputes on how to divide the bankrupt conspiracy theorist's assets, clearing the way for a sale of Jones' Infowars platform, attorneys said at a Monday court hearing.

14/01 UniCredit CEO sees Credit Agricole's decision on Amundi deal by May, paper says

Credit Agricole should decide by May whether they want UniCredit to extend a contract it has with the French bank's fund manager Amundi , an Italian daily reported citing comments by UniCredit's CEO.

13/01 Exclusive: Berlin considers full Uniper exit, targets deal after summer, sources say

Berlin has sounded out potential buyers for Uniper in a deal that could see the government selling its entire holding in the $18.8 billion energy utility, three people with knowledge of the matter said.

13/01 London financial job vacancies hit 4.5-year low in Q4, says recruiter

The number of job vacancies in London's financial sector dropped by almost a fifth in the last three months of 2024 compared with the previous quarter, to its lowest level since June 2020, Morgan McKinley's London Employment Monitor on Monday showed.

13/01 Breakingviews - Apollo’s Japan deal will require buyout black belt

Japan Inc’s defensive measures might get help from Uncle Sam. Buyout and credit giant Apollo Global Management is considering backing Seven & i’s founding Ito family with 1.5 trillion yen ($9.5 billion) for its take-private bid, Bloomberg reported on Thursday, citing sources. Global private equity firms’ gold rush in the country is intensifying, though they largely paint themselves less as barbari

10/01 Bankers hope for IPO revival in 2025 as high-profile listings stack up

Investment bankers are gearing up for a pickup in dealmaking activity in global equity capital markets this year, buoyed by a promising pipeline of anticipated initial public offerings of several high-profile companies.

10/01 Constellation Energy to buy Calpine in $26.6 bln deal

Constellation Energy said on Friday it would buy privately held Calpine Corp, a geothermal and natgas energy company, in a cash-and-stock deal valued at $26.6 billion including debt, sending Constellation's shares up 8.8%.

10/01 Prada among suitors looking at Versace, newspaper reports

Italy's Prada , is among potential suitors examining the acquisition of fashion group Versace which Capri Holdings has put up for sale, daily Il Sole 24 ore reported on Friday.

09/01 Breakingviews - Bain buyout fight shows allure of pensions

Australia's pension funds would surely be on any list of assets that investors would fight to own a piece of. Two U.S. private equity firms are now putting that theory into practice. On Monday CC Capital, founded by Blackstone veteran Chinh Chu, lobbed in a non-binding proposal valuing Insignia Financial's equity at A$2.9 billion ($1.8 billion). That's 7.5% higher than the already rejected offer B

08/01 Northvolt owners vote to stay operating while seeking financial rescue

The owners of Northvolt voted to continue operations on Wednesday, the company said, while the Swedish electric vehicle battery maker scrambles to find new backers and funding in coming weeks.

08/01 Jefferies' profit jumps on investment banking windfall

Jefferies Financial's profit more than tripled in the fourth quarter as the investment bank earned higher fees from advising on deals and underwriting activity remained strong, it reported on Wednesday.

08/01 Argentina privatizes state metal firm in Milei era first

Argentina's government has privatized metallurgical firm IMPSA, the economy ministry said on Wednesday, marking its first privatization since libertarian President Javier Milei took power just over a year ago promising to shrink the state.

08/01 AI startup Anthropic to raise $2 billion at $60 billion valuation, sources say

AI startup Anthropic is near a deal to raise an additional $2 billion at a price that values the company at $60 billion, sources said, months after its $4 billion funding from Amazon .

07/01 Phillips 66 strikes $2.2 bln EPIC NGL deal to boost natural gas liquids bet

U.S. oil refiner Phillips 66 said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator EPIC NGL in an all-cash deal for $2.2 billion, as it seeks to prop its natural gas liquid bet.

07/01 Smithfield Foods first to publicly file in 2025 for big US IPO

Smithfield Foods on Monday made public its paperwork for its New York initial public offering as the maker of Farmland bacon and Farmer John sausages prepares for its U.S. stock market return after more than a decade.

06/01 U.S. Steel, Nippon allege Biden violated constitution in lawsuit over blocked deal

U.S. President Joe Biden violated the Constitution by blocking Nippon Steel's $14.9 billion bid for U.S. Steel through a sham national security review, the companies alleged in a lawsuit they said was filed on Monday.

06/01 Breakingviews - US 7-Eleven IPO will invite more unwanted suitors

In 1987 Southland Corporation, the Dallas-based operator of 7-Eleven then facing rumours of a Canadian takeover attempt, announced plans to move the company into private hands—namely those of its founding family. Now the Ito clan behind the American chain’s current Japanese parent could end up listing those convenience store operations in their own bid to maintain control. It's an imperfect soluti

05/01 Centerview Partners open to exploring options, including IPO or stake sale, WSJ reports

U.S.-headquartered Centerview Partners is becoming more open to exploring its options, including selling a stake in the boutique bank firm to an outside investor or going public, the Wall Street Journal reported on Sunday.

04/01 PayPal accused of racial bias against Asian Americans in funding program

PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535 million investment program to Black and Hispanic applicants, costing her millions of dollars.

03/01 HEDGE FLOW Stock picking hedge funds post highest average returns since 2020, says Goldman Sachs

Global hedge funds taking long and short bets on stocks last year sported their highest average returns since 2020, Goldman Sachs said in a note, attributing the result to steady returns amid volatile markets.

03/01 Argentina’s state airline cuts staff, routes, passenger perks ahead of possible sale

Argentina's state airline, Aerolineas Argentinas, is slimming down for a potential sale, shedding 13% of its staff, cutting money-losing domestic routes and even removing snacks formerly available to passengers, according to sources and documents seen by Reuters.

01/01 Billionaire Li Ka-shing’s Hutchmed in $608 mln health unit stake sales

Hutchmed (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around $608 million as the billionaire and his flagship conglomerate look to ramp up capital and pivot towards core operations at the drugmaker.

01/01 China's Alibaba to sell Sun Art stake to DCP for $1.6 billion

China's Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP Capital for HK$12.298 billion ($1.58 billion).

01/01 Big Lots approved for last-minute sale of 200 to 400 stores

Retailer Big Lots on Tuesday received a bankruptcy judge's approval for a last-minute sale that would allow 200 to 400 stores to remain open under new ownership.

31/12 Hawaiian Electric sells 90% interest in American Savings Bank

Hawaiian Electric Industries (HEI) said on Tuesday it had closed the deal to sell a 90.1% stake in its unit American Savings Bank (ASB), helping the company raise funds for the deadly 2023 Maui wildfire settlement.

31/12 Judge will not dismiss lawsuit claiming Poland Spring water is not from a spring

A federal judge in Connecticut refused to dismiss a long-running lawsuit accusing the former Nestle Waters North America of defrauding consumers by labeling its Poland Spring bottled water as "spring water."

31/12 Breakingviews - Warnings and worries haunt best-read views of 2024

The past year was a buoyant one for markets. Yet even as share prices rose, our readers sought out columns exploring the risks of imploding stocks, regulatory shocks and Washington’s new status quo. Our best-read views of 2024 feature familiar faces and old obsessions, too.

30/12 Judge in Citgo share auction rejects bid to block Gramercy fund lawsuits

Lawsuits by three firms seeking to improve their chances of obtaining proceeds in an auction of shares in Citgo Petroleum's parent can go ahead, a U.S. judge ruled in an order issued on Monday.

30/12 German air taxi start-up Volocopter files for insolvency

Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations.

30/12 India's Adani Group to sell stake in joint venture to Wilmar for $1.4 billion

The Adani Group will sell its stake in consumer goods firm Adani Wilmar to joint venture partner Wilmar International for 123.14 billion rupees ($1.44 billion) as the Indian conglomerate sharpens its focus on infrastructure projects.

30/12 Singapore Post names new CFO in executive overhaul after whistleblower report

Singapore Post appointed Isaac Mah, the current CFO of its Australia business, as group finance chief, the company said on Sunday, a week after dismissing three senior executives, including its CFO, over mishandling a whistleblower report.

28/12 What happens next to workers in 'slavery-like conditions' at BYD's site in Brazil?

Officials negotiate with BYD and the Jinjiang Group about further measures to protect the workers.

27/12 OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions imposed on the startup by its current nonprofit parent.

27/12 Global equity funds regain inflows on US inflation relief

Global equity funds witnessed sharp inflows in the week through Dec. 25, rebounding from significant net sales the previous week, buoyed by a benign U.S. inflation report and relief that Washington had averted a government shutdown, which restored investor confidence in risk assets.

27/12 Breakingviews - Buyout barons will find ways to douse fire sale

If necessity is the mother of invention, fans of financial engineering have a treat in store from private equity titans in 2025. The buyout industry has been sitting on portfolio companies for longer than usual. The question is whether KKR , EQT , CVC Capital Partners and the rest can avoid taking markdowns when offloading their giant backlog of assets. Some innovative disposal tricks will help.

26/12 Japan's Nippon Steel extends closing date for U.S. Steel acquisition

Japan's Nippon Steel said on Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company.

24/12 Breakingviews - India’s green power producers will get a shakeout

Dealmaking is coming for India’s renewable energy industry in 2025. More than a dozen generators of wind and solar power are looking for new owners as private equity-style firms like Brookfield Asset Management, as well as industry players like Siemens and Enel, look for an exit. Despite New Delhi’s target of renewables providing half the country’s electricity by 2030, success isn’t assured.

24/12 Breakingviews - Insurers will stake their claim in private credit

Picture this: a U.S. insurance industry grown fat after a period of explosive growth began extending private loans, buying up debt churned out by wheeling and dealing financiers. That was the year 1905. It might also describe, in more measured form, the situation more than a century later. This time, expect traditional insurers to turn the tables and buy up private credit managers.

23/12 What does Len Blavatnik's streaming platform DAZN do?

Sports streaming platform DAZN has agreed to buy News Corp's Australian cable TV unit Foxtel for A$3.4 billion ($2 billion) including debt.

23/12 Exclusive: TPG in talks to acquire solar firm Altus Power, sources say

Buyout firm TPG's climate investment arm is in talks to acquire Altus Power , a provider of solar power to commercial property owners and residential homes, people familiar with the matter told Reuters on Monday.

23/12 Nordstrom agrees to be taken private by founding family in $6.25 billion deal

Nordstrom has agreed to be acquired by its founding family and Mexican retailer El Puerto de Liverpool in a deal that values the luxury department store operator at about $6.25 billion, including debt.

23/12 Murdoch's News Corp to sell Foxtel to DAZN for $2.1 billion

News Corp will hold a 6% stake in DAZN, a streaming platform backed by Len Blavatnik.

22/12 Italian state railways plans 1.3 bln euro investment in solar plant

Italian state railways Ferrovie dello Stato plans to invest 1.3 billion euros ($1.36 billion) in a photovoltaic plant with an initial 1 gigawatt (GW) capacity that would cover 19% of its energy needs by 2029, the CEO said in a newspaper interview.

20/12 After Northvolt, Europe's battery hopes rely heavily on China

Northvolt's financial collapse has not entirely crushed Europe's dream of developing its own electric vehicle batteries but fulfilling it is likely to require Chinese cash and expertise.

19/12 Hollywood embraces God and the 'cowboy curious' to broaden audience

The script for the biblical epic "Mary," which tells the story of the Nativity from the perspective of Mary of Nazareth, languished in Hollywood for some 15 years before entering production.

19/12 Dealmakers eye $4 trillion-plus M&A haul in 2025 on Trump boost

Bankers expect global deal volumes to surpass $4 trillion next year, the highest in four years, buoyed by U.S. President-elect Donald Trump's promise of less regulation, lower corporate taxes and a broadly pro-business stance.

19/12 Friedkin Group buys majority stake in Everton

The Friedkin Group has completed the takeover of Everton, with Farhad Moshiri's Blue Heaven Holdings selling its 94.1% majority stake to the Dan Friedkin-led group, the Premier League club said on Thursday.

18/12 UniCredit cranks up Commerzbank stake as BPM bid faces hurdles

Italy's UniCredit said on Wednesday it had raised its stake in Commerzbank to 28%, ratcheting up the pressure on the German lender while at the same time it pursues a bid for smaller domestic rival Banco BPM .

18/12 Macro a must-have for hedge fund investors betting on 2025 market swings

Next year's top pick for hedge fund strategies is so-called macro, with U.S. President-elect Donald Trump centre-stage as investors bet on how global policy decisions will impact economic conditions and play out in financial markets.

18/12 Breakingviews - Saudi’s sports M&A splurge will get smarter

The best athletes know that brute force isn’t always the right strategy. Saudi Arabia’s sports investors could learn as much in 2025, by taking stakes in less monied but more potentially growthy endeavours like women’s soccer and rugby.

18/12 Kioxia's shares surge in debut, valuing Japan chipmaker at $5.8 bln

Shares of Kioxia soared 14% in their market debut on Wednesday, valuing the Bain-backed chipmaker at more than 890 billion yen ($5.80 billion) and highlighting strong investor demand for the third biggest IPO in Japan this year.

18/12 As bitcoin soars, luxury brands consider accepting crypto payments

Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of wealth and build loyalty with crypto investors.

18/12 Corporate America pledges donations for Trump's inauguration

Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the U.S. president-elect after his November election win.

17/12 Alibaba to sell China department store chain Intime for $1.3 bln loss

Alibaba Group said on Tuesday it would sell its Chinese department store unit Intime and book a $1.3 billion loss from the deal, as the retail giant reshuffles its business portfolio to focus on its core e-commerce operation.

17/12 China capital markets witness record outflows in Nov, official data shows

China's capital markets witnessed a record outflow of $45.7 billion in November, according to official data tracking cross-border investments in stocks and bonds.

16/12 When AI vies with Taylor Swift as the hot ticket in town

Deep in the cavernous convention center here, on math-filled posters or in spirited conversations, could be a breakthrough for artificial intelligence in the making.

16/12 Focus: South Africa's Takealot bets on townships to fend off global rivals

South Africa's biggest e-commerce retailer, Takealot, has hired thousands of personal shoppers to help it penetrate townships and rural areas and fend off increased competition from global rivals, its CEO told Reuters.

16/12 Procter & Gamble to disclose wood-pulp audit details, investors say

Procter & Gamble has promised a group of shareholders it will disclose more details about how it audits wood-pulp suppliers, the investors told Reuters, after shareholders pushed the maker of Charmin toilet paper for years to source forest products more sustainably.

16/12 Morning Bid: Making bitcoin great - and above $105,000

A look at the day ahead in U.S. and global markets by Amanda Cooper.

16/12 China's Instagram-like Xiaohongshu making inroads with e-commerce sales

Since Tera Feng started documenting her enviable Shanghai lifestyle, including visits to art galleries and fashion events on Chinese social media eight years ago, she has built up a following of more than 500,000 people.

14/12 To rival SpaceX’s Starship, ULA eyes Vulcan rocket upgrade

Boeing and Lockheed Martin's joint rocket venture, United Launch Alliance (ULA), plans to upgrade a version of its Vulcan rocket to challenge SpaceX's Starship in the low Earth orbit satellite launch market, the company's CEO said.

14/12 MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge

MicroStrategy will be added to the tech-heavy Nasdaq-100 Index, the exchange operator said on Friday, following a meteoric surge in the shares of the bitcoin buyer.

14/12 OpenAI fires back at Elon Musk bid to block for-profit conversion

OpenAI asked a federal judge in California on Friday to reject a request by billionaire Elon Musk to halt the ChatGPT maker’s conversion to a for-profit company.

13/12 Porsche SE to take up to $21 bln impairment on Volkswagen stake

Porsche SE, Volkswagen's top shareholder, on Friday warned it may write down the value of its stake in Europe's top carmaker by up to 20 billion euros ($21 billion), in the latest sign of how VW's cost crisis has shaken investor faith in the carmaker.

13/12 Breakingviews - Private equity bids long goodbye to IPOs

Buyout firms are frantically seeking the nearest exits, and stock exchanges have become an impractical egress. The situation gives investors of all shapes and sizes two important things to consider for 2025: Private equity will benefit only marginally from any rebound in initial public offerings, while the premium on creative finance will keep growing.

13/12 Exclusive: Databricks nears record $9.5 billion VC raise, eyes extra $4.5 billion debt

Software firm Databricks is nearing a deal that could become one of the largest venture capital funding rounds in history, as investors have shown a strong appetite to own a piece of the fast-growing data analytics firm, three sources said on Friday.

13/12 Global equity funds see robust weekly inflows on hopes of Fed rate cut

Global equity funds attracted inflows for an 11th successive week through Dec. 11, supported by signs that a cooling U.S. labor market and stable consumer prices might facilitate a third consecutive rate cut by the Federal Reserve this month.

13/12 Exclusive: Aviva's India officials approved brokerage model queried by taxmen

An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023 was rolled out internally in 2013 and approved in writing by top India executives, a confidential company document shows.

13/12 DigiCo REIT in tepid debut after marking Australia's biggest IPO in six years

Shares in DigiCo Infrastructure REIT , a data centre landlord and operator, hovered around their IPO price on Friday - a subdued debut after marking Australia's biggest listing in six years.

12/12 Trump crypto venture partners with platform linked to Middle East militants

A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has partnered with a crypto platform that authorities and financial experts say has been used by criminals and Iran-backed militant groups Hamas and Hezbollah.

12/12 Russia will boost AI clout despite West's sanctions, Sberbank first deputy CEO says

Russia has the potential to improve its position in global AI ratings by 2030 despite Western sanctions thanks to talented developers and own generative AI models, Alexander Vedyakhin, first deputy CEO of Russia's largest lender Sberbank, told Reuters.

12/12 India's ReNew Energy offered to be taken private in $2.82 bln deal

Some of the biggest investors in ReNew Energy Global have offered to take the company private, filings to the U.S. Securities And Exchange Commission (SEC) show, in a deal that values the clean power generator at $2.82 billion, according to Reuters calculations.

12/12 7-Eleven battle shows resilience of Japan Inc's family ties

A rise in shareholder activism in Japan is poised to fuel a new wave of management buyouts by founding families, after the battle for 7-Eleven's parent company prompted a $58 billion takeover offer from the Ito dynasty that built the retail giant.

11/12 Exclusive: Trump tariff plan puts $3 billion in Diageo, Becle tequila imports at risk

Some $3 billion in tequila and mezcal imports from top makers of the popular spirits, Diageo and Jose Cuervo owner Becle, are at risk from U.S. President-elect Donald Trump's planned tariffs on Mexico, according to Mexican customs data reviewed by Reuters.

11/12 Focus: BlackRock's private markets push may not be over after 2024 buyout spree

A dealmaking splurge by BlackRock in 2024 may continue as the world's largest asset manager is expected to opportunistically look to further expand in private credit, real estate, infrastructure or possibly private equity.

11/12 Breakingviews - Buyout barons’ Europe bargain hunt will intensify

Europeans are accustomed to trailing the United States on just about every financial metric. Private equity returns may be an exception, at least according to figures from industry data provider Preqin. The hitch is that superior buyout profits aren’t necessarily something to crow about, especially if they’re just a reflection of bargain-basement valuations.

11/12 Goldman CEO says dealmaking could surpass 10-year averages in 2025

Goldman Sachs CEO David Solomon said on Tuesday that dealmaking in equities, mergers and acquisitions, could exceed 10-year averages next year.

11/12 Orsted sells 50% stake in Greater Changhua 4 wind farm for $1.64 bln

Denmark's Orsted said on Wednesday it has agreed to sell a 50% stake in its Greater Changhua 4 offshore wind farm to Taiwan's Cathay Life Insurance for about 11.6 billion Danish crowns ($1.64 billion).

11/12 Breakingviews - Korea's value push is getting a much-needed spark

South Korean President Yoon Suk Yeol's botched coup has plunged the country into political turmoil and adds urgency for it to curb the power of its family-owned businesses. Even before the crisis, the benchmark KOSPI was one of the world's worst performing major stock indices. That makes $22 billion Korea Zinc's shareholding meeting in January a key test.

11/12 The Onion's purchase of Alex Jones' Infowars stopped by US judge

A U.S. bankruptcy judge on Tuesday stopped the parody news site the Onion from buying conspiracy theorist Alex Jones' Infowars website, ruling that a bankruptcy auction did not result in the best possible bids.

11/12 Indonesia's XL Axiata, Smartfren to merge, with $6.5 bln enterprise value

Indonesian telcos XL Axiata , Smartfren Telecom and Smart Telcom (SmartTel), a unit of Smartfren, said on Wednesday they have agreed to merge to create a combined entity with an enterprise value of 104 trillion rupiah ($6.5 billion).

11/12 Nippon Life to buy Resolution Life in $8.2 billion deal

Nippon Life Insurance (NPNLI.UL) said on Wednesday it plans to acquire all the shares it does not own in Resolution Life Group Holdings for about $8.2 billion as it pursues growth in the U.S. market.

11/12 Trump picks ambassadors to Greece and Turkey

U.S. President-elect Donald Trump on Tuesday picked Kimberly Guilfoyle, a former Fox News host turned political fundraiser, as the next U.S. ambassador to Greece and Tom Barrack, the chair of his 2016 inaugural committee, the next ambassador to Turkey.

11/12 Alaska sees $1 billion jump in profit after merger with Hawaiian Airlines

Alaska Air on Tuesday unveiled a plan to generate $1 billion in additional profits by 2027 by leveraging its acquisition of Hawaiian Airlines and booming demand for premium travel, sparking a rally in its shares.

10/12 Walgreens in talks to be taken private by Sycamore Partners, source says

Walgreens Boots Alliance is in talks to sell itself to private equity firm Sycamore Partners, according to a person familiar with the matter, the latest attempt by the pharmacy chain operator to go private after a sharp slump in share value.

09/12 Former SpaceX engineer seeks to help end US dearth of special uranium fuel

Former SpaceX engineer Scott Nolan, CEO of startup General Matter, is on a mission to help end Russia's monopoly on a type of more-enriched nuclear fuel by producing it at commercial scale in the United States and slashing its costs.

09/12 US judge weighs fate of the Onion's buyout of Infowars

Conspiracy theorist Alex Jones is set to urge a U.S. bankruptcy judge to block the sale of his Infowars website to the Onion news parody site at a Monday court hearing in Houston.

09/12 Arthur J. Gallagher to buy AssuredPartners in $13.45 billion deal

Arthur J. Gallagher said on Monday it has agreed to acquire insurance broker AssuredPartners in a $13.45 billion deal, as it looks to bolster its presence in the vast and fast-growing middle-market segment.

09/12 Exclusive: Five9 nears settlement with Anson Funds under activist pressure

Five9 is nearing a settlement with Anson Funds Management after the hedge fund and several other activist investors pushed the U.S. call center software company to make changes that would boost its share price, sources familiar with the matter said on Sunday.

08/12 Trump says he will not try to replace Jerome Powell

The Fed chairman's term ends in 2026.

06/12 UK investor Covalis, France's Suez team up for Thames Water bid

Britain's Thames Water has received a joint bid from Covalis Capital and France's Suez Group as it seeks more than 3 billion pounds ($3.8 billion) of new equity, in the latest part of a rescue aimed at preventing its collapse.

06/12 Singapore's Temasek unveils $7.5 billion private credit entity

Singapore's state investment company Temasek said on Friday that it has established a wholly owned private credit entity with an initial portfolio amounting to S$10 billion ($7.5 billion), consisting of direct investments and credit funds.

06/12 Investment banks eye 2025 income boom as Trump drives deal rebound

President-elect Donald Trump's return to the White House is seen fuelling a dealmaking revival that could bolster investment banking income to $316 billion globally next year, a jump of about 5.7% on 2024, data seen by Reuters shows.

05/12 Lilly invests $3 billion to expand Wisconsin plant as obesity drug demand soars

Eli Lilly said on Thursday it will invest $3 billion to expand the manufacturing plant it bought in Pleasant Prairie, Wisconsin earlier this year, as it scrambles to meet soaring demand for its weight-loss and diabetes drugs.

05/12 Musk's xAI raises around $6 bln in equity financing

Elon Musk's artificial intelligence startup xAI said on Thursday it has raised around $6 billion in equity financing as it races to compete with other AI firms.

05/12 Exclusive: Slim Jim maker Conagra exploring sale of Chef Boyardee, sources say

Conagra Brands , the maker of Slim Jim beef jerky and Healthy Choice frozen meals, is looking to sell its popular canned pasta brand Chef Boyardee, according to people familiar with the matter.

05/12 Breakingviews - Japan’s virtuous M&A circle starts with 7-Eleven

The battle for control of Japan’s Seven & i is being cheered in Tokyo as evidence of improving efficiencies of the world’s third-largest economy. Officials can hasten a virtuous circle of dealmaking if they make the right next moves.

04/12 Trump picks loyalist Navarro to reprise White House trade role

U.S. President-elect Donald Trump said on Wednesday he had picked Peter Navarro, a fiercely loyal former aide who did jail time related to the Jan. 6, 2021, U.S. Capitol riot, to be senior counselor for trade and manufacturing, largely reprising a role he played during Trump's first administration.

04/12 UniCredit to offer wealthy clients Blackstone's private equity fund

Italian bank UniCredit said on Wednesday it was widening its partnership with Blackstone to start offering its wealthier clients a private equity fund, an asset class normally reserved for professional investors.

04/12 SWR to be first train UK operator to be renationalised under Labour plan

South Western Railway will be the first train operator in Britain to be renationalised under plans by the Labour government to fix the country's troubled railway system, the department for transport said on Wednesday.

04/12 BlackRock targets private credit growth with $12 billion HPS acquisition

BlackRock will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said on Tuesday, as the world's largest asset manager seeks to expand in a red-hot market.

04/12 ETFs tracking securitized debt, AI and Novo Nordisk add to industry’s banner 2024

Three separate asset management firms launched exchange-traded funds on Tuesday, unveiling products focused on securitized debt, the artificial intelligence industry and Ozempic-maker Novo Nordisk in the closing weeks of a year that has seen a deluge of new funds.

03/12 Celsius founder Alex Mashinsky agrees to plead guilty to two fraud counts

Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, said on Tuesday he intends to plead guilty to two counts of fraud.

03/12 Exclusive: Intel's CEO-shortlist candidates include former board member Lip-Bu Tan, sources say

Intel has started shortlisting a handful of candidates, including former board member Lip-Bu Tan, for the role of chief executive after the struggling American chipmaker ousted company veteran Pat Gelsinger, according to people familiar with the matter.

03/12 Breakingviews - Bain's Japan chip IPO is a tough sell

Bain Capital has a tricky job on its hands. The private equity firm is set to list Japanese memory-chip maker Kioxia six years after leading its bold carve-out from Toshiba. Trouble is, it means poor returns for the sellers. And Kioxia's crippling debt pile may put off potential new investors.

03/12 US targets China's chip industry with new restrictions

The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group , among other moves.

02/12 From Boeing to Intel: CEO exits at major global companies in 2024

Several global companies, including aircraft manufacturer Boeing and struggling chipmaker Intel, have witnessed the departure of their CEO's this year, with a handful of firms opting for seasoned executives to fill these leadership voids.

02/12 Exclusive: Latest US strike on China's chips hits semiconductor toolmakers

The US will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies.

02/12 Exclusive: Kioxia sets IPO price range of 1,390-1,520 yen per share, sources say

Bain Capital-backed chipmaker Kioxia has set a tentative price range of 1,390 to 1,520 yen ($9.22 to $10.09) per share for its initial public offering, two people familiar with the matter said.

01/12 US equity funds attract inflows for fourth successive week

U.S. investors poured money into equity funds in the week ended Nov. 27, buoyed by the naming of officials for the new Trump administration and a fall in Treasury yields, which alleviated concerns about the prospects for growth stocks.

30/11 JPMorgan agrees to drop lawsuit against Tesla over stock warrants

U.S. lender JPMorgan Chase agreed on Friday to drop its lawsuit against Tesla that accused the electric vehicle maker of "flagrantly" breaching a contract between the two companies in 2014 relating to warrants Tesla sold to the bank.

29/11 Exclusive: Logistics provider GLP is considering a Hong Kong listing in 2025, sources say

Logistics company GLP is considering a Hong Kong listing that could happen as early as next year, eight years after the Singapore-incorporated firm was taken private by an investor group, three sources with direct knowledge of the matter said.

29/11 Australia gives interim approval for Virgin-Qatar Airways alliance

Australia's competition watchdog said on Friday it had given Qatar Airways interim approval to take a 25% stake in Virgin Australia IPO-VIR.AX and for the duo to start selling return flights between the countries starting in June of next year.

28/11 Adani wipeout hurts but won't derail foreign investor faith in India

Global investors wager that one of the world's best-performing markets will get back on track next year.

28/11 Airports to cooking oil: the many businesses of India's Gautam Adani

Indian billionaire Gautam Adani oversees a sprawling conglomerate with activities spanning construction of airports to supply of electricity and the sale of cooking oil.

28/11 What the Adani allegations highlight about India's clean energy push

Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India's renewable energy developers face in finding buyers for the power they generate.

27/11 OpenAI allows employees to sell $1.5 billion stock to SoftBank, sources say

ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group , two sources familiar with the matter told Reuters on Wednesday.

27/11 Italy tax police search legal firms in Agnelli inheritance probe

Italian tax police have searched the offices of some legal firms as part of an investigation into alleged tax fraud involving five people, including Stellantis and Ferrari Chair John Elkann, prosecutors said on Tuesday.

26/11 Adani's 'renewable energy marvel' trapped in US bribery indictment

The crown jewel of Gautam Adani's company is an energy park in western Gujarat state planned to be five times the size of Paris on completion.

25/11 Morning Bid: Treasuries rally on Bessent pick, dollar retreats

A look at the day ahead in U.S. and global markets from Mike Dolan

25/11 Focus: Guyana's pick of new US startup faces hurdles to tap vast gas reserves

Doubts are growing over Guyana's pick of a little-known U.S. startup to craft and develop projects to monetize its vast untapped natural gas resources that could cost up to $30 billion. Year-old Fulcrum LNG faces financing hurdles that could derail its selection. Ultimately, the South American nation may end up relying on a consortium led by Exxon Mobil , which controls all the production in the

25/11 Chinese startups suffer as IPO freeze prompts investors to exercise redemption rights

Chinese startups are increasingly struggling with demands from early-stage venture capitalists to return their investment or face lawsuits, after failing to provide an exit via a market listing within an agreed time frame, industry executives said.

24/11 Donald Trump Jr is helping his father pick the most controversial cabinet of modern times

Donald Trump Jr. has emerged as the most influential Trump family member in the transition as the president-elect builds the most controversial cabinet in modern U.S. history, according to a half dozen sources with knowledge of his role, elevating inexperienced loyalists over more qualified candidates for top positions in his administration.

23/11 Goldman funds to take $900 million hit on Northvolt, FT reports

Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for Chapter 11 bankruptcy earlier this week, Britain's Financial Times reported on Saturday.

23/11 US FDA approves BridgeBio's drug for rare heart condition

The U.S. Food and Drug Administration has approved BridgeBio's drug for a rare and deadly heart condition, the company said on Friday, making it the first new treatment in a market dominated by Pfizer's blockbuster Vyndaqel.

23/11 Seven & i founding family sounded out KKR, others about buyout, Nikkei says

Funding for the proposed buyout will be finalized by the end of December and will involve Japan's three largest lenders.

23/11 Exclusive: CoreWeave targets valuation of over $35 billion in 2025 US IPO, sources say

Artificial intelligence cloud platform CoreWeave, is aiming for a valuation of more than $35 billion in its U.S. initial public offering that is expected to occur next year, people familiar with the matter told Reuters on Friday.

23/11 Exclusive: Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources say

Saudi Aramco's digital arm is in talks to take a significant minority stake in Mavenir, in a deal that is likely to value the U.S. telecommunications software maker at about $3 billion, people familiar with the matter told Reuters on Friday.

23/11 Scott Bessent's rise through finance to the US Treasury

Investor Scott Bessent has spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as running his own hedge fund.

23/11 Trump says he picks Bessent to be US treasury secretary

President-elect Donald Trump on Friday said he had chosen prominent investor Scott Bessent as U.S. Treasury secretary, a key cabinet position with vast influence over economic, regulatory and international affairs.

22/11 Northvolt crisis may be make or break for Europe's EV battery ambitions

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals.

22/11 Amazon doubles down on AI startup Anthropic with $4 bln investment

Anthropic said on Friday that longtime backer Amazon.com had pumped an additional $4 billion into the artificial intelligence startup, doubling its investment in the firm known for its GenAI chatbot Claude.

22/11 Companies invest in EV battery factories in Europe

Northvolt, the Swedish maker of battery cells for electric vehicles, on Thursday filed for Chapter 11 bankruptcy protection in the U.S., in a blow to European hopes of building a home-grown EV battery industry to compete with China.