By Gabriel Burin BUENOS AIRES (Reuters) – The Brazilian central bank will step up its campaign to raise interest rates with a big 75 basis point hike on Dec. 11, possibly also hinting at more restrictive monetary policy next year, a Reuters poll showed. That would be the third increase in a row as inflation …
Brazil central bank to step up rate hike campaign on Dec. 11- Reuters poll Read More »
MONTEVIDEO/BRUSSELS (Reuters) – The European Union and South America’s Mercosur bloc have finalised a free trade agreement, the European Commission said on Friday but it faces a tortuous battle for approval in Europe given French and Italian opposition. “This is a win for Europe,” European Commission president Ursula von der Leyen told a press conference …
EU and Mercosur countries finalise contentious trade deal Read More »
LONDON (Reuters) -British sportswear and fashion group Frasers on Friday launched a bid for Norwegian sporting goods retailer XXL ASA, saying it did not agree with the Oslo-listed company’s plan to issue more shares. Frasers, majority owned by Mike Ashley, said it was offering 10 Norwegian crowns ($0.9044) per share for the equity it does …
By Sam Tobin LONDON (Reuters) – Dealmaker Ian Hannam is suing Randgold Resources for up to $18 million he says he is owed for work on its acquisition by Canada’s Barrick Gold, telling a London court on Friday that the gold miner reneged on their agreement. Hannam was formerly one of JPMorgan’s top rainmakers and …
Dealmaker Hannam sues Randgold for up to $18 million over Barrick merger work Read More »
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are asking Nvidia rivals and customers if the U.S. artificial intelligence chipmaker bundles its products that may give it an unfair advantage, people with direct knowledge of the matter said, in a move that may lead to a formal investigation. Nvidia, which has a near-monopoly …
Nvidia’s business practices in EU antitrust spotlight, sources say Read More »
(Reuters) – Croatia’s Prime Minister Andrej Plenkovic on Friday survived a no-confidence motion in parliament against his pro-European Union government, the second this year, launched over a high-profile case of alleged corruption involving a former minister. The motion was initiated by the opposition Social Democratic Party, citing the involvement of government ministers and officials of …
Croatian PM survives no-confidence motion in government over graft case Read More »
(Reuters) – Australia’s left-arm wrecking ball Mitchell Starc won the Adelaide round of his duel against India opener Yashasvi Jaiswal while claiming a career-best 6-48 in the day-night second test on Friday. Jaiswal smashed 161 in India’s comprehensive win in the series opener in Perth and was caught on stump mic telling Starc he was …
Cricket-Far from ‘too slow’, Starc wins Jaiswal duel in Adelaide Read More »
By Jonathan Spicer ISTANBUL (Reuters) – A rapid rebel advance in northwest Syria poses risks for the United States, which was “caught unaware”, and other countries including Turkey, Russia and Iran, former U.S. ambassador James Jeffrey told Reuters. Jeffrey, former U.S. Ambassador to the Coalition to Defeat Islamic State under the previous Trump Administration, said …
Syrian rebel advance poses risks for U.S. and others, former envoy says Read More »
By Gleb Bryanski and Elena Fabrichnaya MOSCOW (Reuters) – The Russian rouble rebounded past 100 to the U.S. dollar, trading at 99.50 on Friday, after a decree by President Vladimir Putin which opened new payment options for European buyers of Russian gas, allowing foreign currency flows to resume. The rouble strengthened by 1.5% against the …
Rouble rebounds past 100 vs US dollar after Putin’s gas payments decree Read More »
LONDON (Reuters) -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. Britain’s biggest water supplier has close to 18 billion pounds ($23 billion) of …
UK investor Covalis, France’s Suez team up for Thames Water bid Read More »
